i'm looking at shares from phillip morris.is one of the altra save dividends, consumer staples, i don't know if cigarettes are a staple. scarlet: they are in some places. line? u see that green i will make this a 200 day moving average. it is falling below the 200 day moving average. i don't know the significance is, but the green line touches some other parts of the line. matt: it is a trend line. joe: the stock is doing poorly, and fits in with the broader story of selloff and low volatility. defensive. phillip morris is a classic companies that checks all the boxes. it is not doing well now. will show you another emerging market one. this is her investors are losing confidence in the philippines. the blue line is the dollar versus the peso. knowing down.t is white line is the philippine credit default. to pay how much it cost for insurance against philippine default. so sentiment is souring because when the president was elected, and there you can see he was sworn in around june 2016, it had gone down. he continues to antag

at the moment, phillip morris has about 14%, 15% of global shares.ional tobacco is topless the british american is third at about 10%. >> that is a very good question. to be honest, there should not be that many issues because bat are not in the u.s. and reynolds is just in the u.s.. in terms of this particular deal, frankly, there shall not be new problems when going to the regulator. as marke $47 billion, said, i'm sure they will look at it. ever very strong look at the reynolds. it should not take too long, but you can never say never with the regulator. vonnie: i'm sure japan tobacco and china national won't be too pleased about it, either, given we're talking about a globalized situation. where do they raise the debt? tobacco, very strong balance sheet, so they could dude other deals if they -- do other deals of their available. from their standpoint, always a i think they're trying to integrate that. in terms of the debt, i would have thought b fromat's standpoint, the will be plenty of people who will try to get involved because there is great

the current industry leader is phillip morris. they have not held any talks over the proposal yet. >>> wells fargo's fake account branch closures. not only does wells fargo need to find ways to clear up costs related to the mess, but employees say the unreames sales goals led to the fake accounts. >>> the state of new york may put in place the toughest restrictions on air bnb. they want to fine landlords and tenants who advertise for rentals for 30 hotel business. there are proposed regulations already intended to stop this practice. >>> methodist university had $41 million raised, exceeding the goal of $35 million. the plan is to do construction on campus to improve building or building new facilities and to fund scholarships and improve some academic programs. about 2500 students. >>> warner brothers is creating a 40-song compilation and two previously unreleased songs for prince. the album is called prince forever. the singer died in april of an accidental overdose. >>> two tennessee murder suspects' time on the run brought to

nike, phillip morris, starbucks. so, some of the biggest and brightest of all-time.ost costco, home dooep, j & j. it's about the group. so 1-1 performance. i want to focus right here. this group, the average performance is down three versus the marveth down one. so you recently underperforming. on a two-month basis, the group is down 5.8 versus the market, 2.4. on a three-month basis, the group, down 9.2 versus the market, 1.9. versus their long-term outperformance. look at the five-year. this group has doubled the performance of the market. so you have two circumstances here, which are in principle negative. long-term outperformance, which makes you at some point vulnerable and emerging underperformance. so we look at columns 1 through 3 optically. this is these six stocks plotted equal weight as though they're one security. relative to the s&p. and so here's your spread. so we have a correlation and we have a breakdown. meaning this recent underperformance versus the market, now i want to talk about the proceeding outperformance, the long-term. here's the long-term

forming the department of homeland security, roy blunt tried to get a provision that would help phillip morriswhere his soon-to-be wife was working. so talking about his relationships with washington and taken advantage for those folks back home. sounds like the democrats will be trying to find more of these as they tried to make the case that they failed to make in 2010. , eli political reporter yokley joining us on the phone. thank you for being with us. eli: good to be here. host: up next, some of the ads now on the air in the missouri race, following that the debate that took place in branson, missouri. blunt has been attacking me on guns. in the army, i learned how to use my rifle and in the state legislature, i supported second amendment rights. i also believe in background checks, so the terrorists cannot get their hands on of these. i approve this message because i would like to see senator blunt do this. ♪ >> some people can put together a gun blindfolded. some do it really fast. some really, really fast. some do it upside down and blindfolded. but only one of these is a hillary clint

reynolds, phillip morris, and others..ulings in place the payment reimbursed for smoking-related health costs. alibaba cracking down on counterfeiters. china's largest retailer says tightened company policies against copyright infringement. that is the biggest -- business update. mobile the overall growth forecast for 2016 citing a collapse in trade. hear appeals from tobaccothe chief ee mann painted a picture of that corner of the economy. there has been a decline in trade growth over the past couple of months over generally in the last quarter trade has been growing extremely slowly. some people would argue that is a good thing. in fact, that is not true. growth willin trade reject slow growth going forward is very damaging to economies. >> bringing up the chart. world trade deficits, decade-long tenure moving average of global trade. we're back to 1989. what is the man prescription to jumpstart exports and imports? is part of anh overall problem we have with the global economy. investment is very intensive and trade. r