and we are so unbelievably blessed that we found it, and the potashes. and my son has thrived beyond our wildest dreams there and comes home from school every day so happy. i know all of stuft that was talked about today can be worked out. because the children and all that matter here. we have got so many kids, and we can make such a difference with this school, so please vote in favor, thanks. >> hello, my name is billy and i went to guy noey daycare. i am a graduate and that school really helped me in life and i really enjoyed it. and enjoyed it. >> that is it. >> a few more names. >> naomi, carly cap len, jacob brian, cliff man, and andrei klie man and jackson and yaka tota, paul let sha. >> good evening, commissioners, and community, they told me to keep my remarks very short and brief and i plan to do that, it is not so easy for a rabi to keep the remarks short and sweet. >> i have developed this motto i found it in san francisco, and there are nine rabis and their wives working in the community in different neighborhoods throughout san francisco an

and i have been engaged with the conversations with potashes since 2005 on issues of traffic, parking and noise related to their daycare. >> the number of storis for that building and the current activity areas it is near the center of what is essentially a bowl created by the surrounding buildings. and the project site as 2,000 outdoor available, the 2,000 allocated for the outdoor activities maximizes the noise impact on the greatest number of neighbors, the calculations of noise from the current play area range from 68 db for the closest neighbors, my wife and i to 62 for the most distant ones, for reference, a level 68 db corresponds to a vacuum 4 feet away. 62, eight feet away. and try to match a vacuum cleaner four feet away for an hour each day that is the situation with this daycare since early 2011. dumpinger these noise j periods, neighbors also move away from the rear of their homes to accommodate the daycare. they analyzed the noise impact of this conditional use permit and mainly the doubling of the current daycare's capacity and they found the increase to 42 children wou

the sequa would not constitute a community response and when we met with the community, and with potash, there was an extension of an olive branch and there were eleven items that we identified that could help the current condition as well as the future condition. and so, if you have any questions regarding that or the study i am available to answer those. >> thank you. >> good evening, commissioners, staff members of the public. my name is richard simcof and i am a member of the (inaudible) valley community and also a long time resident of the castro district. i have been having with the traffic analysis and the traffic management plan. so, thanks. >> okay. >> so, we conducted traffic counts on the street of 3700 block of shavez east and westbound traffic during the period of 8 to 10 which is the peak commute hour. we also counted open public parking spaces on this street and this is a screen shot of the data. what we did is we averaged the traffic volumes and open public parking spaces we learned that use bound on the typical day, 821 cars to the highway 101 and 49 to church street an

complete turmoil in potash stocks. you can see what's happened to these potash prices.g on. i don't think it's too strong a word to call it a cartel here. 80% of the supply is controlled by the top six producers, okay? the top four producers belong to two marketing organizations, call it whatever you want, that negotiate prices and contracts. you might say to yourself isn't it -- isn't that price fixing? and isn't it illegal in some countries? and it sounds that way to me and should be but it turns out it's hard to enforce national laws on price fixing and things like that in international markets. you can't do it. take a look at, for example, some other ones. you have euro colley pulling out. it's like saudi arabia pulling out of opec. other conditions control other parts of the world market. it's like iron ore. a few big companies control most of the iron ore in the world. they're all trading down today primarily because commodities are still in a rout. look at the big commodities today, nickel, aluminum, copper, base metals all down again today. near multimonth lows,

potash, who comes to you today and asks you to trust her and let her expand her daycare. just to be clear i want to show you that the closure of this site was initiated by the agency, if you can see right there, that is agency initiated in the highlighted part on the closure there. that is important because the potashes have told us as well as the staff that they closed it voluntarily. >> that is not true. let's look at 81 which is not licensed for any type of daycare even though noey continues to use it. the former was pick over, like weber, pick over was a sham licensee. he was not operating a daycare, how do we know? well, you don't have to rely just on his length in profile to see what he was actually doing, he was never aoe site when ccld came to inspect. and not on october 30th or on april 17th. and each time that they visited they found no food in the fridge and no kitchen equipment and not even any personal hygiene items and to find all of that stuff you have to go to haze valley where they had moved in 2012, from which he tweeted about the neighborhood. they kept

the reason here is global potash prices expected to drop 25%, this after reports that a russian potash producer is dismantling one of the world's largest potash partnerships by pulling out of belarus. that might lead to a global drop of the fertilizer ingredient and cantor fitzgerald tells husband clients that just blocked the earnings. sue, back to you. >> wow, some really big percentage hits there today, josh. thank you. >>> apple is another big stock to watch. today it's on the upside. the tech giant having its best month since february of 2012. it's trading above the $450 mark for the first time since early june. right now it's at 456.15. seema mody is following that story for us over at nasdaq. hi, seema? >> does seem like apple shares are in california back mode posting its best monthly performance. since february 2012 up 15%. there are three factors helping shares of apple. first, stronger than expected iphone sales in the third quarter. that was a big surprise. second, it continues to buy its own stock, $16 billion last quarter which, of course, is encouraging to shareholders a

you can see the effect that you can see all the potash companies and potash companies go through the floor and maybe drop as much as 25%. it's a true cartel, folks. top six producers in the world control 80% of the world's supply, and all these producers belong to two marketing organizations. that's the cartel, that negotiates the prices and contracts. i'm serious. there's a canadian cartel and there's a russian cartel. the russian cartel has the biggest producer in the world. they decided to get out. that's sort of like saudi arabia getting out of opec because they control prices and volumes through the contracts. now they can do what they want to increase production. that's why the stocks are all moving to the downside. who wins and loses on this deal? well, this is my opinion, but i think the losers and producers and investors, the winners are consumers and farmers, and a major cartel being broken up today, and i think that's good news for the world's consumers. back to you. >> a big story and a lifelong time ago. i used to trade that for mitsubishi bank. some would say i'm still

got out of the stocks big time, shares fell sharply on high volumes, mosaic ten times normal and potash 12 times normal and intrep mid 40 times higher. >>> another area of the markets, the small cap stocks. small cap stocks have been on a tear this year producing large returns with the rest of 2000 adding to the year to date gains and recent record highs. is the runup coming to an end? let's ask christina hooper investment strategist. nice to have you on "nightly business report." >> thanks for having me. >> i believe you think the small caps have a little more room to run. tell me why. >> we think over the long term small caps make a great choice because we're an environment of financial oppression and will be there for a long time and that ness tatds moving out on the risk spectrum. having exposure to a different variety and increases small caps. >> over the shorter term, we're excited about small caps. we do think there is positive aspects of small caps, namely typically in a rising rate environment, small caps out per formed. that's typically coupled with an economic recovery. one t

when i first learned of potash moving to san francisco i became a member of their community. and they have enriched my life along with the life of my wife and my three children. they are truly an invaluable asset to this community. they embody all of the values and traditions that have made san francisco a great city. a city that is diverse, and a city that is tolerant, and a city that has a spiritual core, and i truly feel that preventing their approving this plan would really be harmful to the fabric of this city. families need a place like guy noey to educate the children and see them develop. we live in a congested city and a noisy city and that is just the nature of life in san francisco and i feel for all of the neighbors but the reality is that they are such honest and ethical, and honorable people that they will... that i know deep in my heart that they will do what they need to do to compromise to raise a consensus and to work with the neighbors and make this work for everybody in the neighborhood. thanks for listening. >> good evening, my name is gidion roth child a

liz: okay, and the potash company, saying they expect to see prices tumble. >> reporter: right. 45% loss in pricing, all those names moved lower. david: well, talk about a wild market, today we had some big swings, and we ended up in the positive territory. it could have gone either way for most of the day, but it looks like we're going to edge out ever so slightly with a win on all of the indices as we look up and down for the dow jones down to the russell 2000. biggest winner today, nasdaq, but that's still up just less than half a percentage point. but, still, it could have been a lot worse. there were moments when it looked like the market was going to swoon, didn't happen. liz: after touching a five-year high, consumer confidencc fell just slightly in july. the index dip l to 80.3 from an upwardly revised 8 be.1 -- 83.1 in june. david: jpmorgan is setting accusations that traders at the bank manipulated

producers, and to put it blut antley, 80% of the potash is controlled by six companies, including thested right here. there's two cartels, one of them members of the cartel, russia producer, decided he wanted to get out. it was like saudi arabia leaving opec. there's concern the prices are going to drop here. and that's why the stocks are down. so who wins and loses? hey, listen, i'm sorry, but i'll go with the winners here. the losers are the producers and investors, sorry to hear that. consumers and farmers will pay less for fertilizer and hopefully consumers will pay less for food. it's very unusual, maria, that a major cartel has decided to break itself up essentially. i'm for the producers, the consumers here. i think it's good news overall. back to you. >> good analysis there, bob. thank you so much. we had another barrage of earnings hitting wall street after the bell tonight. we'll have the big movers when we come back. >>> then, whose math is right? president obama says the controversial keystone pipeline will create as little as 50 jobs at the end of the day. that sure got c

. >> another sector, fertilizer supplier potash, lauren in north carolina wants to know about the outlook for this company. what is your view on this, pot? >> it's a great fundamental story under pressure for a number of reasons. you've got a normal growing cycle in the united states, so the prices of corn and wheat for example are sitting at 52-week lopes. the the emerging markets are weak from an economic stand point and dollars. so right now the numbers are a mess. the stock is still attractive but near term probably not where you want to be. >> let's move to jim in san jose who said he owned microsoft for a couple years now and wondering if he should stick with it. what do you think, phil? >> you have to have patience. they pushed the quarter within the last week or so. the problem is that the company is still core business is still the pc or tied to the pc, and that's an area that's in decline. the areas that are hot right now are mobile, smart phones, things like that. so what you want to see is a major transition or reorganization or change in senior management. we got to get micro

world's biggest fertiliser cartel has sent shock waves through an industry pushing down shares of potash producers worldwide by around the quo. her panic has been spreading on global stock markets since the russian giant or al qaida decided to pull out of a joint venture with isabella was based partner are just business correspondent katie building explains all of this occurred potentially result in lower food prices because farmers will pay less for their first eliza's. the store their pay less in the first rise is to grow their crops and also those discounts on to the consumer at the checkout all this could mean an increase in the size of crops the people who get to enjoy a biggest soybean for less bought for potage producers a potential price war could have a catastrophic effect on the global industry meaning smaller companies would be forced to squeeze their prices to compete in just a couple of hours after the season was made global potage company is lost billions of dollars now the reason why this has triggered such a huge reaction on the stock market is because together these two

nicole: making money if they shorted some of these potash companies.here out potash, mosaic, on monsanto. they are slightly up off the lows. prices could drop about 25%. there is a consortium for these fertilizer groups. it really hits this group hard. i also wanted to take a look at cf industries. it has, it has come up off the lows. cf industries is another one to watch. lori: thank you, nicole. nearly two years later that deep soil horizon still continues to shadow bp and its business. the fund which was created to compensate victims after the spill has about $300 million left. bp is in a legal battle over payoffs. the deadline to file a business economic loss claim is not until april of next year. claims beyond what the fund can pay out will come from future profits. shares are down 29% since the spill of 2010. adam: a gutsy move by fabrice. the latest from the courthouse as the case gets ready to go to the jury. lori: countdown to back to school is on. it is not even august yet. time to start shopping. jennifer davis on the stocks that could earn

an outfit called uralkali is going to flood the market with potash. this market is not about the long term. it is about chaos. as one after another analyst down graded it, it turned out it was like a slap happy cartel all along. it can lead to a phenomenal set, repeated up side surprises and that is what happened to international paper under vigorous leadership. there is nothing less propriety than uncoated sheet paper. commodity! same with container board. do you care what kind of card board the amazon supplies come in? we saw a similar transformation with the airlines. they used to compete on price everywhere, ripping each other's longs out. not anymore. it's a beautiful thing to behold. and it is why i remain solid behind usaairways, which reported a remarkable quarter. i'm willing to give delta the benefit of the doubt. for years now digital operators is a friendly duopoly. stocks seem to be rolling over. flash memory stocks are also under pressure. you know what that is? it's a prolonged period of no new capacity coming on but now we're seeing lo

>> day two of the potash fallout. you have to look to see -- 70% of their sales is fos fates.re doing to be shaken out to the wood shed is wrong. i'm staying why it. >> drop for dell mike khouw? >> the word was the board wasn't going to go along with the merger. this is good news as far as icahn is concerned. that's the reason the stock got hit. if you are trying to pay for that buyout we're only playing with a few cents. >> buffalo wild wings. >> they came out with earnings last night. good growth. i think the valuation here not surprisingly is rich. >> from chicken to flamingos, when it comes to dancing one bird really knows how to wing it for the camera. check out this bird ruffling her feathers. the 15-year-old foul is at an amusement park. her music video has already more than 100,000 views on youtube. >> i hope it has its eyes closed or it will get dizzy and all over the stage. >> maybe it's spotting like a ballerina. >> what? >> very important ball lay, third position, the whole rig i know it. >> u.s. rejecting the fed's cap. why are the options market betting on more u

potash is fertilizer, coty is perfume. these two are a natural pair. fertilizer and perfume.versified joke. and bgc is financials. financial, fertilizer, perfume, we've got theme park and we've got solar and that is about as diversified as it gets! ♪ hallelujah that's it? i just got started! i hadn't even passed go yet! what can i say? stay tuned for more. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. is that true? says here that cheerios has whole grain oats that can help remove some cholesterol, and that's heart healthy. ♪ [ dad ] jan? >>> when the consensus speaks, it's hard to argue with. the consensus was that no matter how apple spins it, there's high-end saturation of phones. even though apple sold 31.3 million phones, 5 million more than apple was looking for, it doesn't seem to matter anymore. the consensus holds the market isn't growing anymore. additional phones, according to the

potash is fertilizer, coty is perfume. they're a natural pair. fertilizer and perfume.ied joke and bgc is financials. financial, fertilizer, perfume, we've got theme park and we've got solar and that is about as diversified as it gets! ♪ hallelujah that's it? i just got started! i hadn't even passed go yet! stay tuned for more. i want to make things more secure. [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ can help you do what you do... even better. wi drive a ford fusion. who is healthier, you or your car? i would say my car. probably the car. cause as you get older you start breaking down. i love my car. i want to take care of it. i have a bad wheel - i must say. my car is running quite well. keep your car health

potash shares falling as the company faces increased competition and lower prices from a russian cartelad been supporting prices. that cartel is now breaking up. >>> and chipotle hitting a new 52-week high. the restaurant chain is up a full 38% year to date. for more stock news let's send it over to josh lipton for a market flash. >> yes, sue, these headlines just dropping on sony. rts board is expected to issue a formal rejection soon to dan loeb's third point, initiating a position in sobey earlier in the year and has called for a detachment of its entertainment business and said in a recent letter that the division is poorly managed, but, again, reports now to the board of sony will issue a formal rejection to third point. tyler, back to you. >> thank you very much. the smartest college grads in america are giving up six-figure salaries for a new and unique cause. the story of how they are making a difference and how we might one day be working for them is just ahead on "power lunch." >>> coming up power pitch. startups give us their 60-second pitch. >> mainly an advertising business

and how about potash, global prices for the fertilizer ingredient expected to drop hard, after mosaiceing dismantled, all down hard in today's trade. on the other hand, western union marching higher. reports and beats expectations, also affirmed its full-year financial outlook. also in the green, goodyear, the tiremaker, reporting a higher quarterly profit, getting a boost from lower raw material prices. also seeing signs of volumes stabilizing over in europe. and we'll end on aetna, the health insurer, reporting higher second quarter earnings and revenue. that stock up some 36% so far this year. guys, back to you. >> all right, thank you so much, josh lipton. >> all right. >>> more now on aetna's latest results, but how are changes in healthcare laws going to affect the nation's third-largest health insurer, something we want to talk about here? >> joining us now in a first cnbc interview is mark bertolini. good to have you back on the program. >> welcome back. >> hi. >> thanks for joining us. talk us through the quarter, the coventry healthcare acquisition seems to be a big positive

potash down 7%. lululemon down 14% and barrick gold tanking by 16% and transcanada down 8%.otherwise like to be enjoying their canada days. not good news for the stocks. >>> a big comeback in the housing market in the first half but will the second half leave people priced out of the markets? diana olick with that. what would you put your money on here, diana? >> well, mandy, the ayes have it, inventory. the most important thing to watch for housing in the second half of the year. they will guide prices, afford ability and demand so where are they going? let's start with rates, shall we. in the past six weeks we'll see the rate on the 30-year fixed go from 3.5% to 4% and head to 5%. that means the average buyer has lost anywhere from 15% to 18% of their purchasing power because that's how much higher their monthly payment will be, so where will mortgage rates go? well, higher appears tonight answer for most of the folks i've spoken, to but, remember, even at around 5% we are still well bloat average rate historically. now, an equal if not bigger issue is inventory. take a lo

because they have huge mark-ups and potash is on a plunge after breaking up with their partners in belarusng us. now it is time for "squawk on the street." >>> good tuesday morning and welcome to "squawk on the street." i'm carl quintanilla with kelly evans and david faber, jim cramer with the day off. the case-shiller home index is out, and up on the composite, and some cities saw all-time highs going back to the crisis. we will talk to robert shiller in a few moments. meanwhile, retail mers the green,nd

. >> they will talk about potash and mosaic, but mostly talking about fertilizer and how it has coloredings period and stunk up the toy. they could not resist. now over to rick santelli and bonds. >> well, i was fantasizing about buying a ford f-150 like we converted. congratulations to ford. my hat's off to you. listen, looking at the data, i can't tell you how inflated the current gdp number is or how affected the first period revision is, and the new calculations. when you make a wrong turn with the gps, it says to recalculate and that is what we will do. today, the interest rate shot up to 2.70 on a 10-year, and notice the right side is now higher than the left side. that is key. moment momentum. if we look at the boon, 5:00 eastern the numbers came out for unemployment and only improved 12.1 versus the 12.2 which is revised. the yields went down, and the pattern from the 20th of june on the chart is the same. and the dollar index caught a whiff of the interest rate up, and it improved as well. but if you look at the dollar on the long-term chart, symmetry, but we need to get above

potash, a fertilizer company, right? down big.mpany pulled out of a joint venture and others are down in sympathy. down 22%. a winner for you, its name is go goodyear, the tire company. and higher sales in latin america, up 12%. the pennsylvania chapter of the aarp urging seniors to sign up for food stamps. come in, boys, sign up, you need this and you're eligible. and they have volunteers handing out postcards how to enroll and we have 60-plus associations, jim martin is with us. jim, you are a competitor of aarp. basically that's what you are. why do you think that the aarp is doing this? >> well, the aarp is for big government and big government handouts and they should know something about handouts since they've been getting handouts from the taxpayers for some 40 years entire existence. >> it seems like a stretch, doesn't it? i mean, they supposedly represent seniors and now they' they're trolling out there and pushing seniors into signing uch. i have to believe there's a deeper motive than just a goodwill. maybe i'm wrong, b