philips 66 wells fargo, deer ibm, procter & gamble. general motor, sun core energy coca-cola, national embarco did good today and verizon, as much as i respect buffet i want to narrow the list down to my five top buffet dividend stocks. you can circle the wagons around it if you are worried about a slaging economy as so many people were today. i wish people would worry less about things they can't control but there is nothing i can do about that. that's nor psychoanalytical. for starters in my view numbers four and five i'm calling pretty much indistinguishable. coca-cola and procter & gamble. both of these companies are challenged in many ways. proctor by the high price of the goods and huge explosion of the strong dollar. coca-cola with its unhealthy products, my own vie as well as currency risks outside europe and japan, they are very well hedged. >> that said, both of these companies down here they got really good potential. proctor finally seems able to rid itself of under performing division duracell and the company now seems per

procter and gamble the largest household product firms which touched consumers across the global said revenues fell a sign of weakening demand or something else. and 3m cut the full year outlook. together the three companies are sending a message to the markets about the global economy. >> the multi-nationals caterpillar, 3m and procter and gamble all components are feeling theects of a stronger dollar and geopolitical uncertainties. caterpillar beat revenue profits but said it is bumpy. and lower oil prices have cut demand for cats exploration equipment. other sore spots inclu mining hardware locomotives and in china, construction equipment. >> i'm going to be very realistic with you. we'll not repeat this quarter the rest of the year. >> we've seen a real dichotomy here in the world. a u.s. growing fairly slowly but growing steadily and everywhere else there is not much good news. >> in some locations it could get worse because cas yet to feel the full impact of the free fall and petro exam in brazil. >> and there is a manana economy. >> our survey told us that north america will be

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procter is a great company.r is in the driver's seat because all the fabulous trading partners crush us. >> been following qualcomm since they announced that plan to buyback. they did buy back some during the quarter. jana with a $2 billion position advocating for a close look at the idea of splitting the company into two and even saying buy back more stock more quickly or buy back more quickly. they reported earnings last night, not a great reception. they are finding competitive challenges. we talked a lot about samsung. incertainly producing their own chip set instead of using qualcomm. it's the modem. apple goes with its own part of chip, as well to a certain extent. they are finding pressure there we asked the qualcomm ceo to come on and they declined. i gave an interview to the "journal" but not to us. >> when we see a lot of win or loser. >> loser. >> polaris with a great quarter. yesterday harley-davidson cutting back. >> how about pulte? closing down two. >> horton was very strong. we are seeing within

procter & gamble expects organic sales growth of low single digits.collect a tepid forecast. michael, this goes right back to nominal gdp as expressed through major consumer company. michael: right. olivia: it goes back to your point of no organic revenue growth. michael: nominal gdp is lower than it was in 2005-2007. for any postrecession environment for the last 50 years. this has been an issue for a lot of companies in achieving pricing power. tom: you go down the press release that comes out. there are a lot of negative numbers under buying. revenues is unit sales and price. price is pretty good for procter & gamble. they are getting killed on organic volume. olivia: they are getting stung by fx. they do say that currency-neutral core earnings, they are maintaining their outlook. the other thing we want to hear out of the call today. whether or not they will divest the business. tom: stay with us. this is "bloomberg surveillance." good morning. ♪ the chart. forget thomas jefferson and james madison. the state of our secretaries of state after clin

. >> what is the mix of different energy sources that we're looking at com procter at at com to misnomer. to sonoma. >> they can go in sonoma because they have the geysers and we don't have that in san francisco i think the light green yes and the deep green -- there might have to be some outside because we don't have enough at a reasonable rate to be able to produce it here in san francisco that part might be slightly different if i'm not mistaken. >> so as we bring our program design to our commission, part of what we're talking about here is what's local embedded in what we're talking about sonoma is in a different position than us in terms of locally within the county's foot print so how we define local and whether it's the regional picture or san francisco specific you know, that will be part of our program design that we're bringing to to our commission on on april 14th thanks. >> colleagues, more questions, thoughts? we've got got public comment here and i've got one card -- if it's the will of the commission, i would love for us and in particular would like to hear from commissio

several big consumer brands reporting earnings including mcdonald's, coca-cola, facebook, procter & gamble and amazon. monday, five years since the worst oil spill in u.s. history in the gulf of mexico. >>> tuesday they will auction their perfect diamond, 100 carats and a classic emerald cut estimated to sell for up to $25 million. >>> wednesday, the 45th anniversary of earth day and existing home sales are due. >>> thursday, monthly sales for new homes. >>> april is financial literacy month and if you are wondering how to manage your finances better, well, there's an app for that. joining us is personal finance correspondent sharon ampereson to talk mr. the apps that can help you. a lot download apps but there's still a certain portion of the population that's wary of things like that if you're going to do things with your finances. what do you they will them. >> think about how many are on their phone for just about everything. experian shows half of consumers use an app to get some knowledge about their finances whether they're actually making transactions or not and those that are usin

john: to go to this is that establishment -- it looked like he was at the board room of procter & gamblesomething. jeb looked lieke a ceo. mark: finally, let's take a look at marco rubio at the nra today talking about liberty. center senator centersenator rubio: we cannot restrict our enemies. my dad working as a bartender in a hotel and my mother working as a maid and startcock clerk, they were able to achieve the american dream. we going to leave our children worse off than ourselves? that is the question that would find this generation -- defined as generation and i have an answer in mind. in three days in miami, i will announce whether i will run for president, for reelection to the senate or commissioner of the national football league. [laughter] mark: i love that cute little smile. he was good. he also did what walker did was go with a personal story speech with rhetoric that would appeal to the nra. john: he is a viagra free driven candidate at this point. -- biography driven candidate at this point. his family story is at the core of hisof his message. even his fans are saying h

establishment populous thing we were talking about -- it looked like he was at the board room of procteramble or something. scott walker looked like one of the guys. jeb looked like a ceo. mark: finally, let's take a look at marco rubio at the nra today talking about liberty. senator rubio: all these dangers are real. all of them can be overcome. but, they cannot be overcome by a government restricting our law-abiding citizens than on restricting our enemies.. my dad working as a bartender in a hotel and my mother working as a maid and stock clerk at k-mart, they were able to achieve the american dream. will you and i become the generation to leave our children worse off than ourselves? that is the question that will define this generation and i have an answer in mind. in three days in miami, i will announce whether i will run for president, for reelection to the senate or for commissioner of the national football league. [laughter] mark: i love that cute little smile. he was good. he was not as relaxed as walker, but he also did what walker did which was give a personal story speech wit

liz: united technologies and procter and campbell. general electric.ey not hedging properly? >> i don't know the answer. look at pepsi and google. they do very well. liz: who will do well? >> this cfo caveman already to say we have a program in place to do what it is expected to do that we buy insurance during the nonvolatile time to hit the expectations without surprises. liz: they would figure out how to hedge. >> without leverage technology to limit the exposure. no surprise of the top line or the balance sheet or the bottom line. liz: those a you feel will be hit hard? 3m and monsanto? >> but what is interesting only five out of 25 analysts but 20 of 25 did not do it. they really need to do more analysis themselves. >> this to fall above but they did not downgrade them. so then the surprise the market to go down. >> to your expected to strengthen? >> i don't know. but these companies have currencies all over the place but you do hear companies wanting to manage but now i see this cfo starting to worry. liz: this shows how cheap the row has gotten.

walmart has a call today, saying they will try to force their vendors, suppliers, saying, if you are procter & gamble or one of these outfits do less markets, this way your costs are lower, then we can pass it on. >> that is their theory. suppliers will have to eat it, it means us in earning season will feel it. but it is ironic, we're seeing companies that are consumer driven, their stock prices that tells me how the company is doing, seeing general mills and retailers target, kohl's, dillard's, they are hitting 52 week highs, that tells me there is a certain segment of consumer that never got back in the game. but there are others have enjoyed the wage growth, they are spending that maybe the irony. charles: proponent of higher minimum wage say if you pay people more money they will go out and spend it, it is early in the game, but on january 1st, now we have large corporation doing the same, will that money go to the economy? >> i think we will, we have pent-up demand. i am going to blame some of this on winter. charles: you are the first person that told me to never blame anything on the

procter & gamble is moving forward with plans to sell some of its beauty brands. they have contacted possible bidders for it hair care cosmetics, and fragrance units. people familiar with the matter say companies contacted include revlon, unilever, and henkel. super pac's affiliated with republican candidate ted cruz are expected to raise $31 million by friday, less than one week after launching, according to an associate of the senator. there are no known cases where an operation backing a white house hopeful has bank this much money in less than one week. hackers back by the russian government are believed to have hacked into a nonclassified white house computer network last year. a person with knowledge of the investigation said malicious code and other evidence points to state-sponsored russian hackers. that person said the attack was likely in retaliation for u.s. sanctions over russia. the company that owns the popular hello kitty cartoon character is investigating whether the data of more than six thousand shareholders was leaked. the information may includ

. >>> costco -- if you missed it it new $4 billion buyback, and then procter also with a -- >> procter, that was a nice surprise, i guess, for investors, still waiting to see what the verdict is. there's a lot of talk around some of the beauty brands david, in terms of who would spin that off. besides other consumer staples, colgate got a downgrade to a sell actually and a lot of it was because of the strong dollar, saying they are more exposed internationally and not as much baked into the stocks. on that same node goldman updated general mills to a neutral, the food packaging stock giant saying things are starting to turn saying that general mills as far as packaged food companies -- kellogg, some of the others -- is actually in a prime position to make some progress. obviously the godfather of modern cruising. "the allure of the seas" being christened in the port of southampton in the uk today. >> halliburton continues a modest gain even after -- they did beat by 12 cents, revenue was a beat down 4. you don't want to look at the gap results, they looked pretty nasty. they say the in

the story is notable because procter & gamble is the world's largest advertiser.t about 14% of their ad budget earlier this year. >> we'll talk p & g later today. >> you are going to talk washington. >> we can talk a little. i'll tell you a couple of the president's jokes i like the best. i didn't like them all. in washington news officials now say that russian hackers read president obama's unclassified emails. hackers breached the system last year and also got into the state department's unclassified system. at this point, hackers do not appear to have access the servers that control message traffic from the president's blackberry. >> my understanding they only got the emails they got other people's emails who received his messages. >> my hope is i don't think hillary is going to give us the emails on her server. maybe the russians have all of her emails and we can get a look at what was going on from her email. boy, with all this stuff that's come out recently there might have been a really good reason to have your own server don't you think? after all this stu

weekend numbers from gm pepsico and procter & gamble. after the close we hear from amazon google microsoft and starbucks. and just after his company reports earnings starbucks ceo howard schultz will be on closing bell. >> the first quarter profit beat forecasts as revenues surge from payment business including paypal which will be spun off in the first quarter: the second quarter and outlook is below analyst estimates. shares did rise after hours though. in germany higher by .3. the giant says fewer wireless customers switched to them during the quarter but the average revenue fell. they expect $2.5 billion in cost savings from its pending take over of activity after the third year after the deal closing. rising 1% in after hours. kurnly higher in frankfurt trading as well. it's below analyst estimates. the loss of a key customer samsung and delays of product launches by smartphone makers will hurt sales of its flag ship snap dragon chip. they're cutting it for the third time. shares down 2% in after hours off by 4.3 in frankfurt tradin

if you are procter, you could be advertising there against some tweet you wouldn't like. i don't know how you could stop isis from a note from isis being within the same page as a procter ad. >> that was the problem people said about youtube. you never know what you are ad is going to be up against. will it be relevant to the viewer? >> when abc did "winds of war" didn't want ads for feminine products during the mini series. that goes back decades. >> i think you can't charge the same price or that much if that possibility is going to occur. you want to be next to if you are a health care company you want to be next to isis pharma not isis. >> facebook can give the advertiser a great deal of detail about who it is they are going after and when and why and hit them at moments that are even crucial in terms of a buying decision. >> some think twitter's worth nothing? come on. twitter and google together google buys the nfl rights for 20 whatever. you tweet while you are watching it that chip kelly was a genius to draft mariota. next thing you know you're part of a conversat

companies with regional headquarters procter and gamble, adidas, among others and business leaders willoday be here as the ceos of coca-cola and others come. this is the report from panama city. back to you in new york. mark: rene hernandez reporting from panama city. he will be back with us tomorrow for another report from the summit of the americas. coming up, oil gets a boost from iranian president hassan rouhani's remarks on the pending nuclear deal. we will have the details. alix steel will join me when "bottom line" continues in a moment. ♪ mark: the past couple of weeks thousands of high school seniors got the dreaded rejection letters from their dream of ivy league schools. this year, the rejection rate was worse. admissions to ivy league universities are at record lows. at harvard, only five out of 100 applicants got in. our higher education reporter janet lord is with me now. why do student still apply? to the schools >> a couple of reasons. these competitive schools offer extreme a generous financial aid. in recent years, the advent of the common application has made it much

procter & gamble cfo and eli lily cfo derica rice. >> going to be big. >> squawk box will be right back. ♪ ideas come into this world ugly and messy. they are the natural born enemy of the way things are. yes, ideas are scary and messy and fragile. but under the proper care, they become something beautiful. can it make a dentist appointment when my teeth are ready? ♪ ♪ can it track my crew's performance, and protect their heads? ♪ ♪ can it tell the flight attendant to please not wake me this time? ♪ ♪ at cognizant, we see opportunities for every company. to meet the new digital demands of their customers. can it process my insurance claim? like, right now? can it download a track while i'm sampling it? can my keys find me? with the power of digital, analytics and automation now every little "thing" can provide even greater value. ok, so can it tell the doctor how long you have to wear this thing? the answer is yes, it can. so, the question your customers are really asking is can your business deliver? >>> small and medium event ticket

big names tomorrow, procter & gamble, cat, household names and investors will sink their teeth into. i think the momentum will move higher. last week when the market sells off 285 points and sell into the down turn into the market, gosh, you were wrong there, we bounced right back. i don't know what's going to move the market to the down side on a continual basis. liz: six points before the dow is at session highs for the moment. session high 93, we're up about 87. gareth, thank you for joining us from london. john and dan, appreciate it. we are going to be joined by former cftc commissioner bart chilton on his take of the situation. he will answer the questions the traders are saying. why five years? why didn't they go after this guy when they knew what was going on? we need to get to breaking news. the saudi ambassador to the u.s. says saudi arabia will use force to stop houthi rebels from taking the city of aden in yemen. the ambassador is referring to the rebels that took over yemen. just 24 hours ago, we asked former u.n. ambassador john bolton if he thought the saudi cease-fire

procter & gamble saying it expects to pay out about $7.4 billion in dividends in fiscal 2015.ght year it paid out dividends. one of the decliners, one of the biggest decliners year to date on the overall dow jones industrial average. if you take a look at some of the other names that were dragging things down a bit, microsoft on the software side of things again, down about 10%. large cap technology not faring well for the dow year to date in 2015. the worst performer in the dow, one of the worst performers is what's happening with intel. down 10 .5%. those shares down by 17%, this after news that it will end its partnership agreement with costco for its cards. some of the stocks that are winning here on the dow, getting that tug of war to break even right now. check out what's happening with disney, up 13%. again, year to date. a newcomer to the index, apple, helping to add things in terms of the overall things right now. on a percentage basis up 13% year to date. a couple others that are at least decent waits as well boeing on the aerospace front, those shares up 15% and uni

companies like 3m procter & gamble johnson & johnson long history of dividend raises. but other than accidental high yields and dividend boosts how do you analyze a divstock. a very high yield can often be a signal with the dividend is unsustainable and will have to be cut. you'll see me throw the red flag around here. and that, you know, it takes away let's put it this way. you need a rigorous safety inspection. if the dividend is sound. maybe the company can raise it too. if it seems endangered, no. it ain't worth it people. you have to stay awai. consider the cautionary tales of what we call these bond arb trauj funds and these monster yielders that were based on strategies buying gigantic amounts of bonds with borrowed money. when rates jump these variable yields were crushed. that's why against them don't take the bate. there in each case the yield was a large red flag sending a signal that the payout will be reduced in a short period of time. not worth risking. don't risk holding on that to capture a juicy dividend. hey, by the way, we saw that happen a couple ye

. >> one of the names that stands out on the list is you look at procter & gamble, we know it's a safetyck and all the rest of that, right? trades at 20 to 25 times earnings, whether you want to look at the present or going forward. with absolutely no growth. then you look at some of the other names that are on the list as well. you look at underarmor, just yesterday we were talking about hey this is a stock at some point you mentioned zillo. a stumble. if under armor stumbles, if you're trading at 58 times forward earnings, i love the company. i own options in the company. but i think there are times when you do something we always call stock replacement. get out of the stock, but i still want to be in there because i think under armor goes higher, i'm going to be in the options. but i think that's part of the metric, too. is joe mentioned the timing it can go on for six months, nine months this is not like they're saying hey you sell these stocks today because they're going to be going down. >> i wonder if the subheader of the conversation is is it time to reassess the stocks you're in

procter & gamble reporting tomorrow.ce you are in the market, what about the case against this guy? chris: anything that is going to disrupt the market is a high concern. we like to see orderly market and the oversight to protect all investors. carol: what's the bigger problem -- there was no oversight or that there are rogue traders out there? chris: that is what we are seeing publications put out. flash trading and other elements that are of concern. either the regulation has to step up or the technology has to step up to protect investors. betty: regulators do not have their back. alex: what have they been doing in the past five years? carol: you thought everything was cleaner and it was not. joe has been following the high frequency traders. he says there. -- he says there is more out there. betty: mcdonald's, a disappointment again. sales worse than accepted. u.s. sales worse than expected. they are saying wait until may 4 and we will reveal a turnaround plan. are you sick of it? chris: it's a huge company. it will

carl: procter & gamble and 3m were two of the companies that we heard that experienced this issue innd we are seeing a lot of weaker earnings, and at the same time, we are getting a little bit of a relief in some sense from currencies and energy as well just because we have that kind of training -- trading that we have seen in the past couple of months here, and so with that kind of relief coming, i think that might start to fade in the background if these companies do have those kinds of overseas exposures. alix: carl, what do you think? carl: we are seeing this downdraft in the economy, and it is taking pressure off of the feds and maybe it is a one and done fed and perhaps maybe a nun and done fed, and -- alix: moving in another direction? carl: and it is slowing and whatnot and so if we take the pressure off of the fed and have a couple of rate hikes this year, that takes the pressure off of the dollar and levels it -- and allows it to soften especially because we had that week employment margin report. alix: and another thing we have seen the has been troubling with on the marke

it is great but if you have procter & gamble that is going to be competing against bear in europe andper to png, there could be difficulty. we will look at the guidance coming out. one of the ways to protect yourself is go to the xlp, the consumer staple etf and by protection for about $.73, you can buy out to june protection on the 48 strike rice. it is relatively cheap. you can protect yourself when i guidance and strong dollar. scarlet: you are not looking to make much money, it is a purely defensive play. kevin: given that evaluations are elevated and they have smaller growth, it is a great way to have a cheaper insurance policy. only costing you $.73 and the etf as at $49 and is protected through earnings. scarlet: there have been headlines -- are you seeing pickup in options activity on individual stocks or sectors? kevin: options activities are picking up in the consumer space. if you look at the casinos, it has never been a better time to be a consumer. the have extra discretionary income, and your sink two times the amount of calls. if you start looking at casinos people are

maybe talk about how design strategy comes into play at a company like procter & gamble. will make design a key element of our success and create a design function. in a lot of the great things they did in that era was the total revamp of oil of ole -- oil of olay turning it from a small, boring business into a $2.5 billion juggernaut. brad: who else stands out when it comes to designing business strategy? roger: i really do like lego. things like the friends line for girls, a great product. steelcase, the furniture company. they are into designing environments. out to foster productivity and happiness in the workers. those are a couple. brad: you had an interesting article in the harvard business review recently. talking about the fear-based strategy were companies try to predict the future and react. talk about the mistakes companies make. roger: i think most companies see strategy is an analytical exercise. very analytically-oriented number crunchers. i think it's much more of a process where if you take the data and extrapolated forward, you are not trying to do anyth

how could you ever battle procter & gamble as a no-name brand?rendan: that turned out to be a shockingly informed discussion about jewelry. tom: you didn't know that i would know the tea bracelet, did you? [laughter] tom: our twitter question of the day -- which wt t -- gold, silver gold, or rose gold? ♪ tom: good morning. let us get to our top headlines with brendan greeley. brendan: president obama calling the iran is there deal a once-in-a-lifetime opportunity. it is not mean that the u.s. is giving up military superiority. israeli prime minister benjamin netanyahu says it will lead to a nuclear armed middle east. the boston bombing trial will head to an end today. defense lawyer saying that he was a pond his brother who died in a shootout with police. the net and trolley guidelines passed by the sec earlier this year could appear in the federal register as soon as today. new rules will prohibit internet service providers from speeding up, slowing down, or blocking a consumers access to content. it will take effect 60 days after publication. n

thursday is the inl heaviest day of earning season with caterpillar, pepsico, procter & gamble and gm amazon google. we close out the week at american, blogen. let's take a look at how it's reporting in now. you can see dollar index right now at 97.69 up.2. joining me now. great to have you on. we've been seeing this bull run in the u.s. dollar but given the recent bout of disappointing da that we've been getting, does that derail the u.s. dollar run. >> not necessarily. we are still bullish dollars. we think the weather impact has had a significant dent in u.s. economic data. we're expecting in the second quarter of this year for a rebound in u.s. economic data. ultimately that should help support the dollar. >> we've been focusing on the negative impact the stronger dollar will have on some of the u.s. multinationals many of which are reporting this week but perhaps a bigger question should be around how these companies can hedge against the stronger dollar and weaker euro trade? is that a discussion we should be having? >> absolutely. i think the rhetoric over u.s. corporates about

colleges, employers, say, employs out there, big companies, they interviewed more than 150 every them, procteramble, exxon, mobile, they say they plan to hire almost 10% more graduates this year, than last year. so, more than half of companies out there. also saying, they're going to up the hiring. and you guys know the most desirable degrees, computer science, engineering, accounting, and all of the journalism, english, et cetera, we're at the bottom of the list. >> where does journalism fall? >> i saw a survey, lauren, that said a broadcaster is the worse job in the world. >> i did not see that but i believe it, they start out making $15,000, you have to buy all of your own clothes, make up, terrible. >> lip gloss. >> you live in the middle of no where. >> yep. >> lip gloss is like 25 bucks. if you're buying the good stuff that cents will cents, i mean, common! >> i start in the columbia. >> columbia? >> oh. >> what about you, simonette i? >> new york. >> really? >> you make me sick. >> but i paid my deuce. i was a producer for ten years. >> where? at fox news channel? >> at cnn. >> you star

we've seen a lot of aggressive marketing from procter and gamble.se results managed to beat expectations despite the stronger dollar. investors are rewarding companies like that, dealing with a lot of international pressures and challenging macroeconomic environments and putting up good numbers. >> art cashin and i briefly discussed ibm. it's worth taking a look at shares after the company reported after the bell yesterday. as art referenced it was up yesterday but is up today. ibm shares you see up not that much. they'll take it over $1. they are trying to get their investor base to focus on growth initiatives, how they will help clients manage data security mobile. total clad revenue was $7.7 billion over the last 12 months. that is up more than 75% when adjusted and 60% as reported. that's where they are trying to get people to focus. i did mention they did buy back fewer shares than typically the case $1.2 billion in buybacks for the quarter. when you think of last year was $13.7 billion. that run rate is a lot less. doesn't mean they are going

first, procter & gamble upping its pay outby 2 cents a share.r 3% and costco raising its dividend to 40 cents and announcing a new $4 billion stock buyback program. >>> homeowner refuses to sell, developer builds a mall anyway surrounding we house. the house is in foreclosure. diana olick is there in seattle. >> reporter: melissa, in just about six hours, the fate of this tiny house with a very big story will finally be decided. that's when the auction bidding closes. the folks here in seattle's ballard neighborhood call it the "up" house because it so resembles the movie "up." . in this story you have to start with once upon a time there was edith maysfield. she grew up in this house for many decades. when the big mall developers came knocking on door. she did not answer even it is reported for $1 million. the mall went up around her, walling her and her 600 square foot home in. after she died in 2008 in 86 years old she willed it to a construction worker she got to know as the mall was built. he then sold it to an investor who defaulted on the

that's a lot bolder necessarily than what procter wants to do. >> there's a certain narcissism some saysary element of growing your company at that speed. >> i wouldn't know about narcissism. -- that came out wrong. i wouldn't know about their schemes, but i'm constrained by the old days where i'm still trying to figure out whether they'll have the 486 or the pentium. >> remember pentium? those were good days for intel. >>> not good days on -- the latest applied materials, which is falling in the premarket, the chip equipment maker scrapping its plan, multibillion takeover really a merger in many ways. they were going to invert as a result. this is in light of differences. both companies had agreed to a deal back in september of 2013. we had always and jim you -- >> what did i say -- >> we thought or i thought that china was always going to be a key issue for them. it ends up coming right back here to home. of course, the second deal in as many days essentially that we've seen a large deal stopped by the objections of regulators. the conference call was going on and i think many people

and i'm telling you, that thing is better than the stuff that procter & gamble came out with.sn't have the alcohol and that nyquil thing. i'm telling you, you'll be asleep. it's better than meditating. >> i'll keep that in mind. >> it's much better than meditating. >> i'll keep it in mind for a difficult evening. >> for those who find meditating to be difficult, microsoft's got a conference call for you. >> here's a shot of mike piazza making his way to the floor of the nyse. i don't know if you saw in "usa today" this morning, a survey of ballplayers. the average salary now has crossed 4 million for the first time. >> i thought that was incredible. dale ennis one of the great baseball players for the phillies during the heyday i remember him putting up our awning during the spring right before the season began, that's what he did. took down the awning after the season was over. dale ennis was my hero and he was like doing my awning. but that's what they had to do. they all had businesses. >> that was before tv contracts became very large. chuck berry, he was doing cement. tel

companies like boeing chobani yogurt at&t verizon, procter & gamble, so they're all going to help theirition to that i want to give a shutout to our partners, because the weather channel is one of our partners dish network and cobank which is a very large bank that funds agriculture and actually infrastructure isn't a lot of small towns in america. so there's a whole host of people banding together to really make this happen and bring it alive. >> that's great. >> when's your -- you're still recording, right, vince? >> absolutely. just can't prove it. >> i was trying to order up a small town -- a jason aldean song or something. in the last five years there's probably been ten songs written about small town usa. that's just country and one of the great things about it. not telling you to do it but are you working on an album right now? >> oh yeah working hard. >> is there writer's block? >> no. >> vince, tell them about the song that you're dedicating to the program too. >> there's a song that i wrote for my -- i think two records back, a song called "what you give away" and all it's bas

at a time when procter & gamble saying they're going to pull back 14%, 15% of their budget.'t think in the last two or three years i've actually watched a commercial during some form of drama because i watch it on a dvr. what does that do to the economics of that business? >> you know, we're going to have to adjust. but drama is now selling globally. so there are markets now -- the chinese market is going to be an expanding market. >> by the way, just got "better call saul" which is available and i'm paying $25 for the service. >> sometimes on demand the fast forward is paired back or some of the commercials you have to watch. i mentioned during the final four, i saw some of those commercials 30 and 40 times because i hadn't taped any of it. and the streaming in mlb, it's not internet streaming. it's streamed through cable, right? you have to have the cable anyway, don't you? >> i'm sure i was going to talk about in-market streaming. but you can get your baseball game out of market on your iphone, on your ipad. >> through cable, though right? >> no. you can also get it over

procter & gamble put a person on the case to try to get this thing repealed. i mean, the corporations you know why? because corporations have to sell things. if you can't sell things. so, they figured out quickly. the profit incentive is a good thing. >> i know it. >> the politicians are like no! no! until they're dragged kicking and screaming into the 21st century and you want people to vote for your candidates. you want as many people as you can. >> that's true. >> coodo i need to keep lectureing on this? >>> in the meantime, to the west coast for a moment. apple shares surging after strong iphone sales boosting the bottom line. the company sold 61.2 million iphones during the quarter. ipads came in light, lighter than analysts expected. and then of course the cash pile that's just building up. a senior technology analyst at i always mispronounce that. i apologize. and john ford, he's cnbc technology editor. john, are you inside or outside this morning? >> we're inside for now. >> you're inside for now. you're not going to do the outside thing this morning.

procter & gamble. the company raising its dividend to 3%. to just over 66% a share. symantec.rios. the firm says that market dynamics are likely to give the golf club maker a powerful and sustainable comeback. >>> the consumer may be happier with verizon skinny bundle but espn isn't seeing it as a home run. espn said such packages wouldn't be authorized by the current agreements. and our guest host walter isaac isaacson this morning. can you believe that verizon would do this without having consulted disney? >> it's surprising. you wonder whether they did it in order to provoke a reaction because i'm sure the public is going to be on their side. but it is very surprising. and disney is not the only one we've heard from. we have spoken to the other programmers on friday and heard and got the same reaction of we did not give them permission and they said we had heard nothing about this until they released it. >> what do you think is going to happen? >> i think they'll probably have to cease and -- >> also the provoke in the negotiation. we were talking earlier espn the public is