phils gm reuben amaro say they will only move their ace for the right deal. cubs. rangers, red some are among front run areas cording to jason stark. pete mccannon says trade talk is not the talk in look not the talk in looker room. >> it happens every year. i'll be perfectly honest. in the club house and coach's room nobody talks about it in the the club house i don't see anybody talking about it they might talk about it but i don't see an issue still to come in >> when joel embiid steps foot the sixers are expectsed to announce when and where he'll have that bone graft any day now. embiid by all accounts has remained upbeat by this difficult time and the sixers center reported no pain his teammates feel for him. >> it's a minor setback we have key guys that can help and other guys have to step up now that he's having surgery. it's a matter of us adapting that's what other teams have to do. >> sixers forward roberts covington hanging out on a court of drink kind tonight tennis court at the freedom match and heling" it there by the way they won. union booted their

phils gm reuben amaro say they will only move their ace for the right deal. cubs.rs, red some are among front run areas cording to jason stark. pete mccannon says trade talk is not the talk in look not the talk in looker room. >> it happens every year. i'll be perfectly honest. in the club house and coach's room nobody talks about it in the the club house i don't see anybody talking about it they might talk about it but i don't see an issue still to come in sports. one ever joel's teammates stepping ford without their big ♪♪ i am never getting married. never. psssssh. guaranteed. you picked a beautiful ring. thank you. we're never having kids. mmm-mmm. breathe. i love it here. we are never moving to the suburbs. we are never getting one of those (minivan). we are never having another kid. i'm pregnant. i am never letting go. for all the nevers in life state farm is there. iran keeps their nuclear facilities. military sites can go uninspected. restrictions end after 10 years. then iran could build a nuclear weapon in two months. iran has violated 20 international ag

. >>> before the game phils gm i was men amaro jr.sar hernandez will be the every day second baseman when chase utley returns from the disable list. the regular second baseman for a decade batting .179 before going on the dl. to the sixers they signed rookie big mange little okafor to to four ye deal. he followed his 20-point performance with 13 points and nine boards against the celtic. the sixers led by a point at the half and pulled away in the second. jeremy grant hitting the floater scored 12 points and grabbed five boards. al today mirror chipping off with 11 points and showed off his thee point shot. 14 boards. the sixers beat boston 76-62. >>> the sixers rookies playing out west the newest flyers hit the ice at voorhees. general manager ron hextall and dave hakstol lots that's confusing checking out the newest flyers as they started a development camp. the flyers have overload on defense. they have seven defensemen on their roster. sick veterans under contract. >> talked about it for couple of years now to actually see the kid

person, and obviously the billion or psion of the family who basically owns the art chrysler phil -- still thinks of gme partner. i think at this point they would maybe go with anyone. i think they're open to partnerships. i think we could see a partnership with china. i think the issue is they have the most duplicate product. they are in a position where they do not own the market. i think gm does not necessarily have the strength or the investor base. with ford you get for it owning it. they will never move. has a huge investment base. gm is in the market and can make the decision without the board. we heard sergio say it would be our preference to work through the corporate governance structure to make a deal. he did not say we would make a deal. let's talk for a moment about ferrari. everyone seems to want to own a piece. to be the behind the rise and sheriffs, if you have one of those, you will be able to get a piece of for ari shares as well. be worthforecast to 60% of the company and sell less than 2% of unit sales. >> i think these two questions are intimately combined. the stock is up this yea

that is at the heart of what's hurting gm right now. >> phil lebeau, thanks for that. fascinating stuff. karen, you have been in general motors. >> i gave up on it. for a lot of reasons. phil was saying we did see the mauto market come back so incredibly strongly after 2008. and yet still the stock couldn't gain traction. and now they have the very difficult fx situation. not just the translation of currency to fewer dollars but the pricing pressure from japanese auto makers with the yen where it is. this is difficult. i'd stay away. i think mary barra's great. valuation's not bad. but i feel like they missed the peak. >> got to give goldman sachs credit. june 23rd they downgraded goldman sachs was trading 36 and change. down probably 15% since. they upgraded ford. that stock hasn't rallied but it's down a lot less. how do you trade it? if you look at july 1st they get auto numbers and their inventory is starting to build. up 10% month over month which is not a good sign if you believe this whole peak auto thing. i still think given the choice between two if you want t

gm movement. >> do you trust scientists? >> and i'm phil torres i'm an entomologist. >> you want to make a lab cocktail? >> that's our team, now let's do some science. >> hey guys welcome to techknow, i'm phil torres joined by dr. shini somara and cara santa maria. you guys let's jump right into it. gmos, just three letters but a whole lot of debate. and of course we're talking about genetically modified organisms here, anything from tiny bacteria to fish to even giant trees. and guys this debate it targets science and scientists. >> it's true you know the anti-gmo movement it's got a lot of street cred, it's very popular. but it's also really anti, i don't know another way to put it, it's anti-science. >> i covered the march against monsanto and i was actually really kind of personally hurt that most people think that science is a really bad thing when it comes to gmo. >> yeah and let's be real this is a sensitive one for us because we're scientists. but as scientists we're trained to look at the data and that's what we try to keep in mind

we'll hear from gm ruben amaro and ken giles is now the phils new closer.ow he do in his first safe opportunity? that's next in >> as we told you earlier jonathan papelbon the phillies all time saves leader got his wish and was traded to the division rival washington where he will be the closer. the phillies got in return for paps double aa pitcher tenth best pros spec. seven and sick this season and was the national fourth round selection in 2013. >>> now next up on ruben'sed to list trading cole hamels. ruben want theed the teams interested in cole to give them the best offer by tomorrow. july 29th historically has been the day ruben makes big deals. cliff lee roy oswalt and hunt pennsylvania came to the phillies thon day. cole had not start on thursday. he's be pushed back until friday after the deadline and he explains why. >> it's a prune thing to do. obviously had quite a bit of a workload with the 130 pitches almost with his no-no and we just that was it was the right thing to do. >> all right. to the game, phillies and blue jays eight of nine. phill

we'll hear from gm ruben amaro and ken giles is now the phils new closer.ow he do in his first safe opportunity? that's next in sports. when a moment spontaneously turns romantic why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reac

were reports last month the phils were moving closer to trading papelbon but jason stark reported the phillies backed off and the feeling was the decision came from above gm ruben amaro. here's pap's opinion on the front office and ruben's reaction this morning on wip radio. >> i know that we've got a new interim president, a new interim manager and all this change supposedly happening, but i don't see any of it yet. i think if it wasn't that way and so many people weren't involved in decision making of the phillies organization i think things could be happening quicker and easier. >> pap is a very good pitcher. he doesn't know anything about the front office and all these deals, particularly ones as complicated and can be involved have so much money involved you know these are all discussions that we've had. >> chase utley has been on the disabled list for three weeks with that sprained ankle. he started running and taking ground balls and hopes to resume hitting later this week. ruben has said he considers hernandez the second baseman now. ruben says chase will not be retiring. >> no he's absolutely unequivocally not going to do that. he believes that g

gm, ford toyota down a bit. phil lebeau has details in chicago. >> tyler, when you look at these numbers, it is not necessarily the percentage year of over year, june versus june. it is looking at those and keeping in mind what the overall sales pace is. fiat chrysler toyota and ford all reporting sales that were better than expected at least with toyota and ford better than expected. fiat and chrysler a built le bow and gm a little below expectations as well. fiat fiat chrysler, jeep continues to be the hottest brand among mass automakers. sales up 25% last month. for the first time ever fiat chrysler outsold ford on a retail basis. that means sales through dealerships for the first time ever. now ford admittedly had increased the number of sales that it was doing with fleet customers. talking about rental car companies, corporations, et cetera. that's why when you take a look at ford and a lot of people today have been e-mailing me saying, wait a second we saw f-series sales drop off by 8%, is there a slowdown in d

. >> phil will be with us i think we have gm in a little bit. he turned the brand into a global power house. nike announcing a chairman will step down. what is next for what could be the most iconic sportswear brand in the world. also taking aim at apple, hugo barra on the international expansion strategy. here's another look at the futures. looking like we're going to have a strong open. a lot more from post nine after this. when you're not confident you have complete visibility into your business, it can quickly become the only thing you think about. that's where at&t can help. with innovative solutions that connect machines and people... to keep your internet of things in-sync, in real-time. leaving you free to focus on what matters most. behold, these are two wind turbines. can you spot the difference? the wind farm on the right was created using digital models and real world location-based specs that taught it how to follow the wind. so while the ones on the left are waiting the ones on the right are pulling power out of thin air. pretty im

gm one of the big movers of the morning. up almost 5% after the big second quarter beat. our philen all over the story all morning long and in chicago with details >>> the gm conference call started about a half hour ago. mary barra is noticeably upbeat talking about the opportunities in the future. here is one reason for her optimism. look for the numbers or the second quarter for general motors. that was about 21 cents better than the street estimate. revenue light of expectations when it comes to revenue. what drove the profit in the second quarter. the two big markets. general motors. in north america, a record quarter. $2.8 billion in profit. china was up more than 100 million to 503 million. here is the important point. both these regions had operating margins above 10%. still, there are a number of questions regarding the chinese market. in just a few minutes ago on the conference call this topic came up. here is cfo, chuck stephens talking about their expectations in a chinese market that is slowing down. >> our view for the year is that china is going grow. the industry w

gm chrysler deal. i wonder where that's coming from? >> perhaps his open letter? thanks, phil. appreciate it.e automakers. >> i'm surprised you didn't ask about the driverless car market. >>> you used to have to watch mtv for music videos. google's youtube long since has become the go-to place. facebook trying to muscle in on google's turf. details in a moment. >> it could be worth more than a trillion dollars for the health care. a special edition of the spark, just for evan with the co-founder of the largest incubator of digital out companies. you're driving along, having a perfectly nice day, when out of nowhere a pick-up truck slams into your brand new car. one second it wasn't there and the next second... boom! you've had your first accident. now you have to make your first claim. so you talk to your insurance company and... boom! you're blindsided for a second time. they won't give you enough money to replace your brand new car. don't those people know you're already shaken up? liberty mutual's new car replacement will pay for the entire value of your car plus depreciation. call and for

shares of gm and ford yes gm has more exposure than ford keep in mind this is still a very important market. they need china. they can't afford to have it slow down too much. >> philor that story. coming up on "fast money." netflix. analysts raising the price target. stock is up 107% in six months. is all this bullishness a sign to sell? we'll discuss that tonight on "fast" at 5:00. >> we'll look forward to that on live television. have a great weekend. >> you, too. >> check out the song "if it don't kill you," that's my song of the week. >>> welcome to the "closing bell," i'm kelly evans at the new york stock exchange. >> i'm bill griffeth. we made it. >> barely. >> we could be closing the week out with a big rally. unlike yesterday where we had a big rally on the open then faded, no fade today. stocks are up across the board as greece closes in. is it possible on a potential deal? parliament is expected to vote on the reform proposal around the table within the next couple of hours. we'll take you live once again to greece and germany to

gm and ford numbers in the next hour or so. but again, chrysler up 8% last month. a little below expectations. back to you. >> all right, thank you. philited about talking about the financials. >> you always like talking about the financials. but you seem especially excited today. >> i'm not kidding. i'm not being sarcastic or facetious. if you can figure out what the financials are going to be you can figure out rates, europe. it depends on all these things. are they going to do well? >> that is what history tells us. we crunched a few numbers to that effect that will hopefully help you be able to play them. interestingly the two major catalysts for the financials come from washington. and the first is the fate of a banking reform bill put forth last month by richard shelby. it lost steam after about a month because they wanted sweeping changes. senator sherrod brown even called it a one sided industry wish list. what could survive from the bill is this ask to raise the threshold for systemic banks. it's at $50 billion in assets. the bill seeks $500 billion. if the bill survives in any form, that gets moved and it could remove costly