and pepsico which had pulled back from 106 over 100.ng both these stocks are buy buy buy! mcdonald's is doing the best it's done in years. i know many of the critics saying the all day breakfast is a one trick pony that has run its course. i disagree. this has been discounted again and again by people but it still has legs. secondly, it barely started kooching and they are beginning to staff the stores as they accept there's something big in the air. and they are buying into it. go do some homework. oh. but the fact is, mcdonald's in the end, it is a gigantic international presence. the stock has been pummeled since the narrative changed. how about pepsico? while the company has been dinged for the 3 central soda. at a in the city of brotherly love, 45% of sale are from overseas. and it had such a great quarter. it doesn't matter. both have battled for dividends and it is worth pointing out the weaker dollar is crucial and critical to going higher in the second half of the year. who else has been hurt for the need for higher rates? how

so they sold off the entire stake in pepsico.t filing and the headlines associated with it is what is driving the stock lower at this point here. so again, remember, it was maybe a couple years, maybe just last year when pepsico and else in on pelts reached a truce, an agreement here by adding william johnson, the former hj heinz ceo to the board. he was a close adviser to trian and else in on pelts. he still remains on the board as close as we can tell. but the shares are moving to the down side right now. we're in the process of reaching out to pepsico for a comment. we'll get back to with you developments. >> the greek debt drama never goes away, it seems. big debt payment looming this summer am we'll talk to the greek prime minister's right-hand man. [ soft music ] e.t. phone home. when you find something you love, you can never get enough of it. change the way you experience tv with xfinity x1. they found out who's been who? cking into our network. guess. i don't know, some kids in a basement? you watch too many movies. who?

made a lot of money on pepsico and pepsico has made adjustments to their business and what not in lineryan would like to see and everybody takes a victory lap and some traders said that this maybe is a sign that there are better opportunities elsewhere in the market besides consumer staples, so you take a look at some of the big food names like a campbell's soup. on this particular day it's selling offer more precipitously than horse in the mark. take a look at other consumer names, doing the same kind of thing and a lot of them have happened just around may 13th which is when the pepsico names came out. >> kraft, heinz, monda le se. >> they carry a hefty amount of weight in the index overall. >> thanks, dom. >> you're welcome. >>> energy still in the green. in fact, the only sector in the green. the oil market is closing for the day. crude oil finishing up the day 1.2%. so the tale of two oil outlooks. goldman, told you all about it yesterday. they see further upside and barclays however coming out opposite saying they think the price is in the low 40s. michael cohen joins us head of

was pepsico with 3.5% organic growth, ceo delivered a remarkable quarter in every way. because pepsico reported first, it was hard to understand how good it was until we saw the comparisons. now that we're looking back, pep was best in show. speaking of bench companies hitting new highs. they went lights out. the stock has not looked back since. best drug company j & j hands down. j & j's earnings per share grew on a strong clip. plus, pharmaceutical sales voted 5.9% worldwide. i thought that was a typo when i first saw it, ceo was the first with the most. j & j reported first, we could only look back and wonder if those figures, all time high. i'm sure many of you are sick of me saying -- you're sick of it, i know it. you don't want to hear it, you don't want me singing the praises of steve easter brook, the man who turned mcdonald's from a mangy beat up dog to a sleek greyhound many more than a year. you don't want to hear it, as sam girard told dr. richard kimball in that scene in the fugitive, i don't care. i remember when easter brook came up with that all day brea

at that time. >> chairman of pepsico. >> nixon says, you know, when i was congressman, i was senator, i was vice president, and then i went to work at this law firm in new york. and then he just kind of tensed up and he said those son of a bitches, those partners of mine, did any of them ever invite me to play golf at their fancy country clubs? did any of them invite me to their clubs? and he just goes on and on -- >> not a goddamn -- his lip was quivering. you say it's not on the tapes, but i know it is. the reason i know it is, i was so taken with the visceral hatred that was demonstrated there that i called the secret -- i knew the tapes were already running there. i called the secret service and asked for that. i didn't tell you that. >> you didn't. [ laughter ] >> no, well, i told you the true story. >> history's never over. >> well, i told you -- >> that's the next book. >> no, you just said you checked and you said the tapes were not in it. but i heard it again. and that's how i remember it. and that's one of the few times in all those 3 1/2-plus years that i was so close to h

of course quaker is owned by pepsico and has fired back that it's very, very minor traces. >>> anothersuit story. starbucks is in trouble as too much ice has been put in a 29-page complaint. ice drinks only have half the amount of liquid being paid for, specifically in the iced coffee. this customer suing for $5 million because there's toop ice. >> they're measuring the amount of the drink and it's not what they say it is? >> i think it's pathetic, and i don't know where he gets his $5 million fission frgure from. >>> president obama's oldest daughter, malia is set to attend harvard university in the fall of 2017 after taking a break. she will be a member of the class of 2021 and follows a long line of presidential kids going to harvard. there was a lot of mystery around this one because president obama himself has made comments that she shouldn't have to worry about getting into some big, fancy ivy league school. 5.2 acceptance rate. and malia made the cut. >>> the elephants at ringling brothers made their final performance. it marks the end of an era for one of the circus's most belo

pepsico shares are at a record today. drink it, i guess. david: julie hyman, thank you very much. now let's check on the bloomberg first world news. mark: hillary clinton leads bernie sanders nationally, but in a hypothetical matchup trump, theald vermont senator fares better. that is according to the latest nbc news survey monkey poll. by 13s leads trump points. mrs. clinton leads mr. trump and a head to head match it, but the race is much closer to john kasich still on the list of top choice is to become donald trump's running mate, even though the ohio governor and former republic presidential candidate continues to express no enthusiasm for the job. trump poses staffers have checked kasich's interest in being on the ticket. will become the first sitting american president to visit one of the cities where the u.s. dropped an atomic bomb here the white house says the president will travel to hiroshima while on a trip to japan. in the past, there has been concern that a presidential visit would suggest the u.s. is apologizing for dropping the bomb. it is said that you can pose a

jack dorsey added pepsico's hugh johnson and trying to make it more diverse and clearly is adding a numberf female directors. vodafone reporting profit growth since the first time since 2008. the mobile carrier says it plans to spend more than previously expected to improve its network. investors liking that news. >>> reuters reporting that the usda will join syngenta and chemchina taking over pesticide makers syngenta. box. potential impact that this deal has on food security. >>> more housing and inflation data and retail earnings on the docket. the april consumer price index out at 8:30 eastern. headline cpi has been expected to tick up slightly. also we'll get a read on april housing starts which reports a rebound after a big decline in march. 9:15 a.m. look for april production. john williams, atlanta fed president dennis lock hart and dallas fed president kaplan will be speaking. and investors will be eyeing those investments closely from places like nordstrom's and macy's. despite the reports there are share holder meetings as well. landon dowdy joins us. >>> first, from home depot,

that is where starbucks and pepsico have a partnership for their grocery store products, coca-cola, drly announced a partnership, they are all getting in on this ready to drink bottled and canned coffee that is served cold. carol: how big is the market size compared to conventional coffee? the warm coffee we all kind of like? >> it has been growing double digits since 2011. according to euromonitor, it is supposed to hit 3.6 billion by 2020. it is growing rapidly, but it is still not a huge market compared to coffee overall. >> what is the demand globally? >> globally, it was at 18 billion in 2015. >> is there any market in particular where you are really seeing growth? >> japan is huge. carroll: japan? >> yeah. they love their bottled coffee there. they have vending machines there that serve all different kinds of bottled coffee beverages. actually, coca-cola's presence in the market is so large that they are actually the number one player globally, even though in the u.s., starbucks and pepsi are really dominant. carol: what surprised you when you started working on the story and loo

that is where starbucks and pepsico, which have a partnership for their grocery store products, coca-colaecently announced a partnership, they are all getting in on this ready to drink bottled and canned coffee that is served cold. carol: talk to us about the market size. how big is the market size compared to conventional coffee? the warm coffee we all kind of like? jenny: so, it has been growing double digits since 2011. according to euromonitor, it is supposed to hit 3.6 billion by 2020. it is growing pretty rapidly, but it is still not a huge market compared to coffee overall. carol: what is the demand globally? jenny: globally, it was at 18 billion in 2015. carol: is there any market in particular where you are really seeing growth? jenny: japan is huge. carol: japan? jenny: yeah. they love their bottled coffee there, i guess. they have vending machines there that serve all different kinds of bottled coffee beverages. and actually, coca-cola's presence in that market is so large that they are actually the number one player globally, even though in the u.s., starbucks and pepsi are re

i'm saying that it is going to be coca-cola, pepsico -- julie: it is the adult market because it is beeryou will be able to make it at home with a soda stream. shares have been rebounding recently and i rebounding even more in today's session. the company has released what they called the beer bar. the first thing they will be selling is called blondie, a lighter beer. you will have sparkly water made through the soda stream machine, and then you add concentrate, it beer concentrate, to beer. if you look at today's session, you are seeing a list, a tel aviv listing, where the company is based, rising. soda stream.pe for elsewhere in carbonated beverages today, if you look at some of the other companies, a decline. a couple of things have been putting pressure on the soda makers more broadly, including a number of ordinances around the country to regulate sugary beverages. in addition, there was a ruling having to do with the word, word "coca-cola zero." it will have to be litigated in individual courts. getting back to beer -- does this sound appealing to you? alix: i don't know if i wou

he says directly taxing pepsico and coke rather than the consumer will raise people out of poverty and. if you look at sales of beverages, though, they're already on the decline. if you're looking to fund long-term projects, why pick sugary drinks? >> we baked in a 55% drop-off in consumption in our modeling which is ridiculously high. even if it dropsed off 55% -- dropped off 55%, we're raising $99 a year. >> reporter: the bill has a supporter of former mayor bloomberg. >> think about that. >> reporter: he famously proposed but lost an oversized soda ban to curve obesity. opponents of philadelphia's sugar tax rallied last week. >> i'm glad to see that the people are finally standing up. >> reporter: the group, philadelphians against the grocery tax coalition, says the proposal will hurt working families and small businesses. but it will not improve public health. soda consumption in the u.s. is already at a 30-year low. >> reporter: the american beverage association has already spent an estimated $3 million on anti-bill ads. argue that the tax, three cents an ounce, will hit families

quaker had a decent quarter for pepsico. i just want people to own these stocks on the fundamentals. if that's the case, kellogg is not doing as well as some of the others. so there's a lot of consolidation in the group. but do some homework before you decide, hey, i like kellogg. >> how about the thousand dollars price target for amazon. david feels a little 1999ish. >> just a couple of those stocks. that's about it. >> we have a lot more stocks to talk about. the opening bell coming your way in just a few minutes. ♪ in new york state, we believe tomorrow starts today. all across the state, the economy is growing, with creative new business incentives, and the lowest taxes in decades, attracting the talent and companies of tomorrow. like in buffalo, where the largest solar gigafactory in the western hemisphere will soon energize the world. and in syracuse, where imagination is in production. let us help grow your company's tomorrow - today - at business.ny.gov the call just came in. she's about to arrive. and with her, a fl

likes of home depot, and the consumer product type of thing like altria on the tobacco side, and pepsicoacks an consumer staples, and o other names such as johnson and johnson and hitting fresh record highs in the trading today, and one thing they have in commonle yields, dividend yields north of 2%, and the 10-year yields on the u.s. treasury notes are about 1.5%, so they are paying hefty dividends. and wone thing that simon hit before the break, the shares of amazon hitting highs. the star trade outperforming the market, and up by 3.5% year-to-date, and amazon shars s are ones to watch. and you have ford stocks in early trading hitting the fresh 52-week in some case multi year low lows, and gap and the l-brands on the reare tail side, and the seagate, and that and western digital hitting lows, and sampling the flavor of the market. an consumer names, and dividend payers, simon, they seem to be in focus for the traders. back over to you. >> 179 on the dow now. thank you, dom. over to jon fortt, and find out what is coming up this morning on si"squawk alley ". >> well, we are going to be

parallel move, i might add, to what we saw a short time around from trian partners which is out of its pepsico position after a lucrative three-year holding position and activism that didn't play out as planned but led to nice returns. bridgewater cut their stake in apple from 327,000 shares to about 106,000 shares. some interesting themes on the consumer side as well as that emerging markets holding, which remains an important one, bill and kelly. >> that's true. thank you, kate. we appreciate it. kate kelly there. we expect to get a lot more of these filings going into the weekend. a little more than 30 minutes to go in the session. dow down about 172 points. transports are off 106 and nasdaq is down 18. >>> a recent report says intrexon and zika virus cure may not be all its cracked up to be. when we come back, ceo randal kirk will join us exclusively to fight those accusations, among others. >>> and facebook ceo mark zuckerberg denying social news bias. larry kudlow weighs in on whether facebook is really politically neutral or whether it even has to be. stay tuned. [ soft music ] e.t. pho

he'd rather denigrate his own -- if he starts drinking pepsico, look out. has a pepsi, forget -- >> we will get stop trading with jim in a minute. later on the "fast money" and halftime exclusive with bill ackman. scott will talk to him about valeant and a lot more obviously. dow is up less than two points. we're back in a moment. earningk from bank of america to buy a new gym bag. before earning 1% cash back everywhere, every time and 2% back at the grocery store. even before he got 3% back on gas. kenny used his bankamericard cash rewards credit card to join the wednesday night league. because he loves to play hoops. not jump through them. that's the excitement of rewarding connections. apply online or at a bank of america near you. (man) that show.t to record (woman) now we have to wait forever to see it. (jon bon jovi) with directv, you don't. ♪ you see, we've got the power to turn back time. ♪ ♪ that show you missed, let's just go back and find. ♪ ♪ and let's go back and choose spicy instead of mild. ♪ ♪ and maybe reconsider having that second child. ♪