with us is john scully who is the former ceo of apps he go -- i'll pepsico. -- i'll pepsico. -- of pepsicoese a bunch of bankers out there throwing around this idea that inbev goodbye pepsico? >> it has been bouncing around for a little bit now. it does not seem like most people taken extremely seriously. never say never but the idea of book them buying pepsico is further down the list with investors and analysts than something like sab miller or coca-cola. john scully, you joined this committee right after they emerged with the snacks giant frito-lay. they have done pretty well since then. do you think there is any chance that nelson helps, the activist out there, that says this company should split up. do you think is a chance of them splitting up? >> i don't think there's much chance. i think indra is doing a terrific job and has strong control of the company. but i actually think it's a positive for an activist like z or curl icon to go in and shake up management and boards to inc. about ways to build value. what happens in big organizations, they don't tend to have the same urgency an

pepsico raising the earnings, and the quarterly profit, beating wall street expectations. the company says the smack sales which include brands like frito lay, pepsico has been urged by an activist investor to spin off the snack beverage. shares ended at 93.57. endo international buying the pharmaceuticals for more than $2 and a half billion. they value it at a 12% premium. it was a rough day for endo, 6% lower at 66.78, axiliiom up. and kendra buying gentiva who provides home health and hospice services. shares of both companies ending higher. kendra finishing at 20.75. gentiva up to 19.49. >>> allergan, the maker of botox says it is under-valued, it has been reported that allergan raised the bid. shares closed at 187.55 apiece. amazon, the 800-pound guerilla wanting to open the first brick and mortar store. opening in manhattan across from the empire straight building. the store would also reportedly function as a mini warehouse with limited inventory for same-day delivery right within new york city. the stock lost more than 2% closing at $315 and change. semantec the la

pepsico has also been the target of an activist investor who wants to separate its soda from its snack food business. pepsico's ceo has made it very clear that the company is better off with both units under the same roof. then there's general electric. shares have underperformed the market in the last decade and some blame the immense size and scope of all their businesses. they've been shedding units but still have energy, water, transportation, aviation and health care devices. now the question is will other companies also choose to take a look at separation? >> when you see major players starting to move towards, you know, splitting up and focus is better, you know, invariably others in the industry follow. >> investors should keep a close eye on larger companies that have lots of different business units. in the stocks do underperform, someone could step in and propose a value-enhancing move like a spin-off. for "nightly business report," dominic chu. >> chevron isn't splitting up but it is selling assets. the oil giant and dow component announced plans to sell a 30% steak in its

shares of pepsico up more than 2% in the premarket. higher prices for drinks and snacks. is fending off investor peltz. the suspenses today. the ceo of tesla motors will unveil a new technology to keep drivers from drifting off the road. analysts also predict he will launch an all-wheel drive version of the model s car. >> the model three would be the $35,000 electric vehicle. you're going to talk about something that is labeled -- >> yes. actually,r thing -- it would have been too obvious. does d stand for? >> um. [laughter] the internet is very good at guessing these things. omg, the suspense is killing me. it is round two between investor carl icahn and apple. he has posted an open letter to apple ceo tim cook on the internet. calling for them to boost the size of its stock buyback and, as carl icahn put it, "by a once he and sooner." ended the effort, tim cook did raise the buyback program by $30 billion. he also raised apple's dividends by 8%. gap.es of the top for after seven years, ceo glenn murphy will step down at the end of y

and on thursday, before the bell, pepsico. alcoa for durable goods. on thursday, before the bell, pepsico.alcoa for durable goods. and on thursday, before the bell, pepsico. another stock that has been an outperformer this year. it's gained 12% so far. more than double that of rival co coca-cola. back to you. >> and of course currency could be something to watch for this earnings season. particularly for pepsico. >> i pulled up costco last couple earnings reports that they had, even though they didn't beat, the stock actually traded higher after last two earnings reports. but to guy's point, if these ebola he had will li headlines s you'll see demand on that side and oil will continue to go lower. so the whole spectrum will trade lower. >> to put it in perspective on earning, every 5% move on the dollar equals about a dollar on s&p earnings. so a major draw we get on it. i think a company like pepsi will be very important tell. this is a company that has been giving you you the margin expansion, but current city hit people don't know what to handicap.

pepsico raised its growth rate from 7% to 8% last near and this morning took it to 9%.you had to own one packaged growth stock, this is the one, conagra, campbell's soup and so many other packaged places are doing owe poorly, why is peltz going after the best and why not congratulate for a job well done. i say ka-ching, ka-ching, congrats some. a hedge fund manager and bill ackman have teamed up to acquire allergan. what has it it done in exchange, how about deliver the best results of any pharmaceutical in the land. the company's ceo has done more to create value than the people who run merck, pfizer, lilly, bristol-myers and so many other so-called powerhouses and yet the catcalls about his leadership continue from valiant and ackman. i think what they should say, too, they should say we misjudged you and all you could do from shareholders. you took many of the accidents we wanted and we are thrilled which is why we're going to go after a different company where the ceo isn't as motivated to do the right thing. thanks, david, for a terrific job. why would that be so h

. >> i want pepsico. look at pepsico. 12% year-to-date growth. pepsico guided up twice. >> you say it's not a well-run company, that is a significant charge. >> i know it is. i don't make it lightly. i keep thinking that i just am tired of excuses, david. i think you have to tire of excuses. it's a difficult period for sugary drinks. >> then come up with something else. the two things they've done right, green mountain coffee and monster. just go buy the rest of it. give me something to hang my hat on coca-cola. i'm delivering a knockout blow ko to the symbol. >> making the big acquisitions, what are they doing? >> green mountain coffee and monster beverage are fabulous companies. >> they've given themselves an opportunity to buy them in the future. they lock them up for all intents and purposes. >> you were about to say a day after ibm, it's a buffet story? >> i'm saying the halo, i like wells. they put up a good quarter. ibm is a huge disappointment. the rebellion on the conference call. this coca-cola quarter. yes, we are going to refranchise.

quaker oats and its parent company, pepsico are being sued for $2 billion. the student -- the suit claims industrial espionage, saying her likeness was trademark without compensation and racial the summation. pepsico declined to comment on pending litigation. here's what people are saying. they say they are not suing because of a racial issue, they're suing because the great grandmother was ripped off. a lot of comment suggesting it was racial. this is a very just case. carolyn disagrees, saying this country is sue happy. anyone with deep pockets, sue them. it doesn't affect my decision to buy the products or not. of disclosure, i use is radix when i make pancakes for my daughters, but it's interesting concept. proofay they did not have that their grandmother work for quicker and now they do. >> it will be interesting to see how this plays out. .> i can imagine other people will come out of the woodwork and say i have a relative not compensated for his or her recipes years ago as well. as always opening the floodgates will stop thank you. >> let's take anoth

sounds like soda stream is going to be launching a ten week test using some of pepsico branded products soedstream has been struggling in the u.s. when it comes to sales. this was first out by beverage digest. pepsi just confoirming a few moments ago. and they are getting into the at home market, make your own beverages. saying it represents an emerging category that has generated interest among some consumers. also interesting to know what is going on in the rest of the industry after this partnership with pure green mountain and coca-cola. when it comes to soda stream there is also speculation and talk that it is going to get bought out by one of these bigger companies. they said nothing of the short right now. they are just teaming up to see out it goes. but this could be something that soda stream needs. they don't have the brand. pure green mount is going to have coke branded products. now with the pepsi branded products it could help. it's rolling outlet in floridian markets next few weeks. >> and similar to green mountain. i do feel like the pepsicos and cokes of the world are ha

peltzen in the case of pepsico, they seem to be going after the suma cum lauds of the equity world. why is that and is it justified? >> no, it's not justified. i think jim cramer is right on the money as he generally is. in pointing to the irony of going after places like, you know, dow or due upon, strong performers, not to mention looking at the record performance we have coming in from pepsico at all-time highs, both on the frito lay and the snack food side as well as on the beverage side. strong revenue growth and profits. a lot of new products coming out in the midst of all of this. how in the world -- or tim cook, of course, the topic of the afternoon right now is how could you not be investing in and be enthusiastic about apple, is to suggest a cash flow issue because it's a ready target. carl kicks up a lot of dust. he's a brilliant investor. he doesn't always get them right. he's had colossal failures. blockbust blockbuster, wci, xo, pkf, these companies all went to zero while he was on the board, generally the chairman of these enterprises. they lost all their value. >> no

you may recall friday shares they went higher by about 15% after pepsico and the company both confirmed there were limited tests, small-scale tests, going on between pepsico products in possible soda stream machines. both cautioned nothing more should be read into the agreement. so perhaps some traders taking their profits today. the stock is down about 10% after gaining 15 on friday. back to you. >> what a veeers ha vereversal. >> soda stream i traded in the high 30s and low 40s and the reason being involved with the name someone is going to buy them. now it's down at 21s if someone does buy it i don't know if they pay up 25, 30% for it. this is not a business you want to be investing in right now. you don't want to be investing for the hope of a buyout. if someone comes along and buys them and you get pop into the high 20s great, don't like the business model at all. >> coming up, sneakers may not be the classic holiday gift but citi says foot locker's stock will get pumped up as the weather gets colder. not everyone on the desk is buying. we're going to debate it next. later with hal

pepsico and soda stream cautioned nothing more should be read into the agreement.ome traders looking in to lo lockiloc locking in some of the profits. >> we'll see how that turngs out. quick off a week of social earnings a company that tracks shares across multiple social media platforms. could data on clicks and shares be an early indicator for earnings? mark is the ceo of bitly and joins us here. mark, engagement, user growth, do you have any confidence that bitly shares sort of indicate which way things are trending on either or both? >> absolutely. so at bitly we work with thousands around the world to help them on social and get insights into what's working and not working. we're tracking 8 billion clicks a month across every platform from regular users to the biggest brands in the world. we see a tremendous amount of insight in there that we think might be good leading indicators. >> what are you seeing? who's growing quickly? >> the bitly data is interesting third over second quarter a couple things jump out. the first the continued dominance of facebook. fa

pepsico earned $1.06. raising full-year guidance.lcoa 31 cents a share helped by what the company calls favorable metal pricing, higher energy sales. here is what the ceo told cramer last night on "mad money." >> we are firing on all cylinders. we have the best performance ever on down stream business. absolute bases as well as margin basis. you saw increase of profitability year over year of 45% mid stream. the best quarter in the upstream business and commodity business since the start of the crisis, since the second half of '08 when it started to get weaker. >> good interview, jim. >> thank you. >> higher prices, lower costs. >> this is closing the plants that cost too much, opening plants that cost less, light weighting paying off. this is on trucks. the take away from steel also and all other ceramics, composites in airlines, aircraft. he's got a superior product with superior skills that is taking the place of steel in many different places. at the same time, he correctly predicted that the price of aluminum itself would go up

leaders like wells fargo and pepsico took a lead on anti-bullying front. >> a lot of celebrities areetting in on this movement, if you will. does that bring you pride? there was a time where this was a hush, hush situation. a lot of people, as you were, are fearful of it. now, we are more open to talking about it. >> absolutely. that is always the first step, visibility and education. that leads to action. we are going to see reduced rates of bullying in the future, we have to. >> what would you say to people at home besides wearing purple, what can they do? >> there's many ways to go purple. go purple on social media. put out messages of support. the youth find these messages. what will help you in every day life? just knowing that people stand with us and support us and we are not alone. different isn't bad. there's a community that supports us across america. >> i am sure you have spoken with a lot of young people. are you seeing a sigh of relief as they understand more and more people are behind them? >> the spirit continues to grochlt like i was mentioning, the rates of bullying

look at it and say, do i really want to have to run two miles or whatever to burn this off in let pepsico figure that out. >> i think it's funny, though, if they put this on, i would love it. i'm amused by this. i'm for sure, not going to do all that running, no way. >> greg, how about you, you're a workout fanatic, do you think this is a good idea? >> the best way to keep trim is to move to a developing country. i say that our problems are not actual problems. what's significant is that we have done this in magazines for years. exercise data is more effective than calories to deter eating, because exercise is really bad at keeping you trim, that's why when you get this fat about coke, oh, my god, 4 1/2 miles, the reason that blows your mind is that exercise doesn't help you lose weight the way that low calorie diets. you have to decide that there's portion control and high protein diets are the way to go, i have seen really fit people who are fat because they just eat. >> why do you eat chinese food? >> that's the problem. i am fat. >> in 21 days, people with 30, 40, 50 pounds sometimes,

ceo who spent a long time at pepsico and we will talk about a possible breakup of the company.is our. what is the next big cap are teenagers? about the surprised results. venture capitalists are all years about what is the hot new thing in the apple world. . ryan hoover will be joining me. the kansas city royals are seemingly unstoppable, one win away from facing the world series. we will speak with the kansas mayor slide james. -- sly. inecond health care worker texas has tested positive for ebola and

they have been cutting costs, and a are on a five-year plan, cutting $5 billion in costs out of pepsicoough for some shareholders. 131,000et, coca-cola, employees, you wonder when i goes under 100,000. going back to brendan's idea that it is about sugar in the drinks. >> they have to figure out what it is they possess and how that differs from their current business model. coca-cola is doing one interesting day -- in south africa, they're putting wi-fi and coke machines because they have got it everywhere, so what do you do if you have presents all over the world? >> the coca-cola machines are very cool, by the way. >> what you do with all of this news on your show today? >> someone not exactly cutting costs but plowing money is elon musk. >> are you going back to tesla? do you own a tesla? >> i just like them to play that video of me in those cool model s's. he is facing another battle this time in michigan to sell his cars directly. michigan being of course the home to the big automakers. >> did you wear your seatbelt? >> oh, you bet i did. >> we look forward to that conversation. you

on thursday, we see shares reported from pepsico. infosys will report spending. will that translate into higher firms? that will translate into the end of the week. >> revenues rose 9% to 34.7 billion. sales excludeing gasoline rose 7%. sales were up 6% in the u.s. and overseas. the company plans to open nine more legislations by the end of the year. shares are up around 15% over the last few years. >> a sluggish recovery in the u.s. a lot of consumers have been buying products from costco. but you have to word, how that the economy in the u.s. is improving, does that result in consumers shifting away from those low cost retailers? >> absolutely. 75% of their earnings come from their membership feed which means they can step away from the volatility in retail numbers. we'll be discussing that a bit later with brian naegel. >> same-store sales fed. the fast food giant yum brands expects sales to decline in the fourth quarter. yum rose just about 1% in after hours, but in germany, trading down by around 2%. this is one example of it impacting one of the biggest con

. >> you want to buy clorox and pepsico.ant to put your money in cvs, make a stand on bristol-meyers. i understand that. if you are in the industrial cohort you are in there with hedge funds. the hedge funds are imploding here. that's what you are seeing. they are in the wrong stocks. i had magellan on. they are the largest transport of oil in this country. i asked the ceo, terrific guy. i said are we in a glut? it was like what do you think? we are swimming in oil in this country. iran has come back online because the sanctions receded. there is no place to put the stuff. we wonder why oil goes down. he did not think it would go into the '70s. >> the fall in oil, one of the reasons cited for the recent volatility. so many other things have been cited. whether it's ebola, the german economy, which may have two quarters of contraction according to more negative economists when it comes to that. whether the rising dollar. i don't know what the real reason is. maybe it's actually back to the old reason which is that the fed is

when it comes to beverages, no coke, pepsico. there is much more "mad money" aheadup t upper ware.now the time to buy? i will see if the ceo can put a lid on the damage. and find out what it means to your money. plus your calls get answered ton lightning round. stick with cramer. >>> if you are looking for a way to play the north american energy renaissance that isn't all that horrible to the nasty decline lately, albeit seems to have stabilized at 80. then you want to own a pipeline company that works as a toll road operator. the best in existence is kindermorgan incorporated. kmi for the home gamers. we learned they have received all of this for the long awaited acquisition of partner subsidiaries creating a pipeline company transporting tons of oil, natural gas and carbon dioxide when the shareholders vote on it. kindermorgan will be the third largest energy company, not pipeline. as i have been saying since the deal was announced this is the company coveted by money managers because of growth in income. the company sees 600 billion worth of pipeline projects in this country. on

pepsico says a million votes were cast online. >> sounds good to me. >> i'm a plain potato girl.on "action news" at noon, including a consumer alert on exploding airbags, we have a full report on the defects. >> david murphy has the full accuweather forecast when "action news" continues in just a moment. >>> one of the suspected leaders plead guilty in montgomery county. timothy brooks admitted to five of the 13 counts against him. authorities say that brooks and 25-year-old neil scott tried to take control of the drug trade at several high schools and colleges. and then recruited sub dealers to sell the product. he met scott while playing lacrosse. >> he was number two and part of the drug trafficking ring, on it's main line, distributing marijuana. >> he admits to selling marijuana and regrets the poor decisions he made. >>> we have an urgent consumer alert. vehicles with a potentially deadly defect that could cause airbags to disclose. >> pretty scary stuff here. it affects nearly a dozen car manufacturing. regulators are trying to spread the word about these dangerous airbags

look at pepsico. we know that activist investor is agitating for a splitoff of their soda beverages business from the snack food side of the business. the ceo saying, no, that won't happen. we like them both under one roof and pepsico another company where people talk about splits and then one more that always gets talked about because it one time was a part of this network's dna. general electric here with all kinds of businesses, energy, medical equipment, aviation, transportation. have they become so large that a lot of these businesses maybe drag on each other and why the talks for ge happening for years. will it actually occur sometime? we know that with hp it took time. just a few names to think about with the ideas of large companies maybe doing some splitting of their own. back over to you. >> yes. unlocking the value i think is the corporate speak in this case, dom. speaking of mark sue, we have him lined up. for more information, we are joined by mark sue. and gene arkin also with a couple o

pepsico, procter & gamble. they all use oil. they burn gasoline to get their products to market and their products are bought even if the economy gets weaker. in the meantime their dividends exceed the coupons on bonds which means they're superior bond market equivalents because they yield more and in the case of procter & gamble management is slaughtering duracell to make you even more money. that's not the same old proctor. then a second group of buyers the skies are more bullish. they think the lower price of gasoline will fall right to your bottom line and the bottom line of industries economically sensitive, namely the airline which is are doing quite well with cheaper jet fuel as we learned last week when we saw their earnings. their profits should be larger as the biggest costs goes down. the big variable costs, make sense right? united parcel and fed ex. have you seen those? under this theory their numbers are going to be and their stocks are furiously breaking out and that's right. now the real risk takers believe that

what do companies like caremark, verizon, at&t, pepsico, apple have in common? rock solid balance sheets, decent dividend. history of raising their dividend in many cases. that's what you really want. don't have a two to three-week outlook. have a two-to three-year outlook at minimum. then you get past this the biggest mistake investors made selling when the s&p sold off 15% in third quarter of 2011. you don't want to repeat those mistakes. david: well, and tom, to that point, there does seem to be a little bit of a herd mentality going on. this had the heaviest volume in three weeks. you can take that in two ways. one there is really strong conviction in fact the economic slowdown is going to pull down stocks even more than we saw in the past week. or, you can say that maybe there is a herd mentality going on. what do you think? >> i think the herd mentality has taken control. i think earlier you mentioned that if you have cash spend it. exactly where we're at. we have cash available. and i think, over the next couple of weeks you're going to have the opportuni

and i don't like ibm, i don't like coca-cola, i like pepsico and apple. coca-cola served him well for a long time, ibm has not. and that, ladies and gentlemen, is a conclusion of the "lightning round"! ♪ the all new, head turning cadillac ats coupe. it's irresistible. ♪ >>> the recent ebola outbreak has shed a lot of light on the drug development process, as various drug companies have to contend with the regulations, as they rush to create a cure or a vaccine for the disease. that's why tonight i want to take a closer look at the drug development process with q-tiles. it's the largest research organization that conducts outside clinical trials for the pharmaceutical industry. i like to think of quin tiles as an arms dealer to the drug companies. they help pharma and biotech firms run late-stage clinical trials for drugs and vaccines. now, i've been a big backer of quin-tiles since before it became public. and it's gave you a nice gain. but we're not talking stocks for a second here. tonight, i want focus on the scientific side of the business, which is w

leading corporations opposing the labeling measures include monsanto, kraft foods, pepsico inc., kelloggd coca-cola. by some accounts, opponents of labeling have contributed roughly $20 million for campaigning against the proposed laws, nearly triple the money raised by supporters of the initiatives. in oregon, the fight for gmo-labeling has turned into the most expensive ballot measure campaign in the state's history. >> well, for more, we're joined now by sheldon krimsky. he is the editor and author of several contributions in the new book, "the gmo deception: what you need to know about the food, corporations, and government agencies putting our families and our environment at risk." he is a professor of urban & environmental policy & planning at tufts university as well as an adjunct professor in the department of public health and family medicine at the tufts school of medicine. professor krimsky is also a board member of the council for responsible genetics. sheldon krimsky, welcome to democracy now! >> thank you. >> i just flew back from austria, which is gmo-free. they're puzzled

pepsico boosts forecasts. those signposts. here's a big u.s. company making money.ot sure what portion of their revenue comes from the u.s.. on the bloomberg terminal, that will tell you. revenue growth is accelerating. for the first time. is that just for biotech and health care or the market as a whole? >> it is the market as a whole but it is faster for biotech and health care. suggest management will continue the overt pressure we have observed to make change and to make it more rapidly? just this immediacy. esay, paypal, or gap stor unloading their ceo. do you sense and urgency into autumn? >> it seems that way. taking a step back and looking at the broad landscape, we are a point when valuations have reached their peak. violations have been jotting the market for the last two years. now we have got to see earnings growth. what i hear out of the banks is a thunderous silence. the opposite. we wish himis ill, the best. everyone else is quiet. why? >> not a lot of good news. the ideas.not have >> when you think about the fact that -- apple pay, you think about wh

pepsico has been a lot more aggressive in saying they will cut $5 billion over the next five years totability. coke has been slower to that. the ceo of coca-cola has been slower, and he stepped up right now to say he will get read billion in annual costs by 2019. that should add more cash potentially to shareholders. there are questions as to whether that will be plowed back into business. investors said it will be a waste, or whether that will go back to shareholders. five the shares have not been doing that that. yes, there have been a few dips throughout the year so far. up until the latest in the last five weeks, coca-cola shares were trading higher. >> yes. just lisa go hit an all-time high. it was unthinkable several years ago that they would ever get anywhere near the four dollar mark where they had been before him andes split that 90's. a lot of that was because, when you talk to analysts investors, they were expecting coca-cola to become more aggressive at some point to fix these problems, even if they take too long now. you see that reflected in the shares. stock to be in wi

as for earnings, pepsico, family dollar will report. parents waited a bit longer to finish back to school shopping this year. >>> and later today, they will host the panel on the future of the eurozone live from washington. watch that live on closing bell as he speaks to the german finance minutester, italian finance minutester, david lipton and ian bremer. >>> the on other top stories today, alcoa reporting better-than-expected earnings as higher prices and lower costs drive the recovery in its business. the company is raising its 2014 outlook for the north american commercial transport market for the second time this year. >> we are firing, really, on all cylinders. we have the top -- the best performance ever really on all downstream business. on an absolute basis. and the best quarter since the start of the crisis. in the sikd half. >> right now, trading higher by around 6% in frankfurt. >> when was that? >> i think a couple of months ago.. >> moving on, gap's ceo will step down. murphy is credited with reversing a long sales slump.

pepsico has come out with something made with natural sweetener and it will be sold with amazon so they gauge initial response is better. it will eventually hit store shelves for that is one option it has taken. >> what is that? >> a good question. an old school craft soda they have introduced. i have not tried it. it is made out of cane sugar. if you like mexican coke, this is like pepsi's response to that. coldan coke has gathered a following. >> for good reason. taste better. >> and also, it is a bit of a throwback. idea asa throwback well. playing on nostalgia, any tactic to differentiate itself in a mature market. to choose between coke and pepsi? >> i still have to go with coke. but i do not drink soda. >> we are not the target market. >> that is the problem. they need to get us to drink more. >> of something else. a good quarter for pepsi fighting back tears more market makers when we returned moments from now. ♪ >> welcome back. we are approaching 26 minutes past the hour. time to go on the markets. one stock we are watching for you, sears. just the retailer falling 4%. this is

he is the active investor who has been looking for a change at companies from pepsico.board of madison square garden. he has just upped his stake in dupont, the largest chemical company in the united states per market value. callas exercised his put options to increase his stake in the company to 2.7%. he now owns -- try and now owns 24.3 million shares in dupont. he has exercised -- he has just done this. to said thistalked looks like nelson peltz is in it for the long run. he has been looking for dupont to split its company and cut down costs. that is a familiar theme. back to you. >> it's always hard to know exactly how much money peltz has at work in a company like dupont. according to the filings, he only had .7% before increasing his stake. clearly he put some money on these options trades. 2.7% is a billion six. that is a lot of money. that gives him more credibility. >> a lot more skin in the game, guys. a lot more skin than the game for him if he's trying to look for more change at dupont. >> betty, thank you very much. nelson peltz increasing his stake from $4

making money in pepsico. >> he is about making money. >>> the durable goods put buying back in the market are doing a beeline for wheat durables. back to 2.25. if you look at the two-day, we are within yesterday's range. we want to keep an eye on this 2.28, 2.30. you can see why after the big deck axbeing deb back al. the market continues to crawl back in a stable fashion. boons overseas, their resistance is around 90 basis points. if we look to the foreign exchange markets, euro currency is doing a bit better. it seems they have a hard time holding 1.28. if you look at the dollar/yen, same scenario. dollar improved after initial reject of 1.10 but seems to be stabilizing in a fairly nonaggressive fashion. what is fascinating, if i look up at the futures market, the dollar is only doing better this morning against the yen. it's under pressure. all the other currencies and maybe one pairing we continue to monitor prime minister cameron is having an issue on the pound. the pound versus the euro, the pound holding up well. >> as opposed to a lot of other currencies. coming up -- alibaba exec

david glass go with pepsico holdings, inc.and kelly with the department of commerce and many of you are aware itser? group within nist has been very involved. they helped coordinate the process for producing the framework. so if i may, let me start off with a, kind of a general awareness question. or i guess i should say, let me turn to you, paul, if i could and have you kind of give yourself intro. >> sure, thanks matthew. paul crisman with dell software as chris turner mentioned earlier this morning dell is transforming to offer a series of solutions for our clients, both public sector as well as private sector clients having to do with security and cybersecurity and that gets to everything from true factor authentication which we would love to see the death of passwords. we were love to help our public sector and private sector clients with. that we work on a whole variety of policy issues as well as technology issues in the cybersecurity space, everything from supply chain integrity to the devices that are on your desk or

in our corporate headlines this hour, an upbeat quarter for pepsico.ted a profit of $1.36 a share. that was better than expected by seven cents. they raised their full year forecast. this all comes despite what the ceo is calling a challenged macroeconomic environment. you see that stock is up by just over 1%. >> that stock, it's in an uptrend. did you see the 10-year yield? that was not in an uptrend. that has not -- >> no. >> the 2.9? >> it's been in a down trend. who are you? you're ken langone, aren't you? >> i am. i plead guilty. >> let's look at a one year of the 10-year note. there it is. >> i saw andrew last time. >> on the show right? he wasn't here last time you were on the show. >> oh, andrew sorkin. >> oh, i thought you were talking about andrew cuomo. every time i come he ducks. he wasn't here. i'm absolutely certain this guy is intimidated by me. >> ducking you? >> ducking me or whatever it is. >> it is hard to stand up to you. >> i think the reason he doesn't show up is because his arguments don't show up. >> he's actually at a conferenc

including coca-cola, pepsico, home depot, cvs and altria. >> research in -- in addition to looking athere's buyback activity or not and to the supply and demand of stocks i don't know how you decided on this. one of your predictions now is this exit by the fed which we're all waiting for is not going to go necessarily as early or as smoothly as planned. at this point they're going to feel the need to either stay in or re-enter? >> well, they're ending this month. and one of the things -- the most dangerous thing on wall street is what you don't know you don't know. so it has some of the quantitative easing. some of the buying of bonds -- some of that leaking into the stock market. and the absence of that is exacerbating the volatility could be there's no real way of knowing that unless you're tracking the actual order flows. there's no way i know of tracking that. that could be what's exacerbating the downside. however, it looks to me as if we turn bearish short-term on lekdty before alibaba happened. because of all the money leaving, 24 billion had to leave. and since then we've had