there is a line in procter i loved.ch is if you look for health care plus, oral care, health care plus 5, oral care innovation, innovation, oral care, that's what i expect from procter instead of a lot of plastic things i have to call the cvs person over and say can you open this? this is a great quarter. this stock is going to be up big. board very motivated, board doing a lot of good things this is mcnerney being the lead, but i put in peltz in the mix, amy chang i'm putting in the mix, dong a good job, younger person with a very good notion of what the consumer wants >> they can break out far above gdp growth, that's a positive. >> that's it >> that was the knock. >> i just like that quarter very much these are dow stocks so you look at what happened yesterday, you wouldn't think that we could get away from the powell conundrum and say trade on i don't think it is -- i think it is a continuum. trade didn't come up in any of the conferences, in my background i didn't hear about the conference calls, just my background

consumer products giant procter and gamble is in hot water over their latest ad for trashing their own customer base. of color in berlin walk into the program. with three semi's breaks a deal said to be rejected by parliament today many british businesses are preparing for months of chaos many have been stockpiling shifting investments relocating jobs though no one knows what the true extent of the damage could be and the european union certainly won't escape scot free either by the end of twenty twenty the union could see a budget deficit of around sixteen billion euros with germany expected to find about a quarter of it the association of german chambers of industry and commerce warns that german businesses may have to fork out three billion euros each year just to pay new export tariffs on goods headed to britain. the earlier we spoke to lord malloch brown he is an i.t. entrepreneur and advocates against and we asked him whether he felt satisfied with how the u.k. government and opposition have of the matter. we are going to leave. the leadership. neither has risen. which. many trea

the lead director, very good team at procter. >> all right we'll keep an eye -- >> buy procter, sellwe got an opening bell about 5 1/2 minutes away we'll get you there right after this your favorite restaurants now it doesn't matter dash. where you are. ♪ it doesn't matter what you're hungry for. it doesn't even matter how many you are. ♪ restaurants come to you. delicious at your door. download doordash. first order, $1 delivery fee. so, servicenow put your workflows immhm. cloud, huh? your employees must love you. [ chuckles ] thank you. you could say that. i love you. servicenow works for you. ♪ ♪ each day, brings new possibilities. that's why you need a partner dedicated to helping your company reach its goals. u.s. bank -- the power of possible. >>> you're watching cnbc's "squawk on the street" live from the financial capital of the world. opening bell in two and a half minutes on a friday. stocks are trying to finish up for the fifth straight week. we have talked about the stone indictment today intel, starbucks, haven't mentioned this journal piece about the fed. potentially d

for "nightly business report," i'm seema mody. >>> that procter & gamble report helped lift the entire sector. the consumer staple loetfd up 1%, making it one of the best performing today. so wha is this telling us about the market and the economy? jonathan feeney covers the sector at consumer edge research ande joins us now with more on that. . od to see you again, jonathan, welcome ba >> thank you very much. >> the basic question is what are these kind of work type of stocks, these must-have type of stocks for the consumer anyway, what are they g us about the economy? >> they're telling us a couple things. they're telling us they got left behind a little bit in the very strong market rally that punctuated with october 2018. they're telling us that while some things have changed, a lot of things have stayed the same. online, different channels people shopping has made it a little more difficult for these brands, introduced new competition and allowed consumers to maybe see discounts and take advan tge ofm more often, so it's harder for them to get the price they want for their goods,

them very closely, tells me procter will be good, only because of internal things at work with procter, safe stock, no one got hurt by procter when oil goes down remember what a bottle is made of, not made of glass. >> jim, speaking of bottoms, bristol-myers doesn't seem to have found one yet you had an interview yesterday with the ceo of bristol-myers and celgene. you were kind to them, more constructive on the deal in some ways than we did in our initial conversations about it but the investors don't seem particularly constructive yet. if i told you it was going to be down more than apple this year, so far, and it is, at a 7.5% loss, interesting. they just did a deal they didn't want on earnings >> well, look, they're buying celgene at six times earnings. this is a company that if you wanted to, you take out a lot of costs. synergy is real. i believe there are five drugs that will replace revlimid, revlimid is a lot of what celgene is some say it is all that celgene is some don't like the doubling down on oncology there are too many companies focused on the needs of oncology instead

consumer products giant procter and gamble is in hot water over their latest ad trashing their own music customer. i'm christopher coburn berlin welcome to the program with teresa mayes breaks a deal said to be rejected by parliament today many british businesses are preparing for months of chaos many have been stockpiling shifting investments relocating jobs though no one knows what the true extent of the damage could be and the european union certainly won't escape scot free either by the end of two thousand and twenty the union could see a budget deficit of around sixteen billion euros with germany expected to float about a quarter of the socio of german chambers of industry and commerce warns that german businesses may have to fork out three billion euros each year just to pay new export tears and goods headed to britain. now all that doesn't really appealing for a quick market update before this crucial vote let's cross over to our financial correspondent dana cold in frankfurt daniel the decision will be made investments later tonight how nervous are markets before that. yeah there

the focus is, procter & gamble.hey are beating on the top and bottom line, boosting the high 1%.of that 2019 view by there was a big focus on organic revenue growth. 2.7%.g estimates of with the september promotion, which was helping drive sales. investors breathing a sigh of relief. they are beating their peer group. looking forward, analysts want to see how they can gain market share in key categories. presencethe e-commerce is so important. it looks like the company's turnaround plan, which was originally criticized by nelson peltz, is being felt. lisa: this is bloomberg. ♪ jon: good afternoon from davos, switzerland. this is "bloomberg surveillance ," live from the world economic forum. another busy day coming up and a stack to show as well -- stacked show as well. coming up, brian moynihan. tom: really timely because of the expense rationalizations we are seeing bank to bank. we welcome all of you on bloomberg television. coast-to-coast, this is something every banker is doing, trying to figure out the business

first of all, who do you think procter & gamble's aiming that ad at?which is kind of funny, because when i look around, they're mostly bearded men. [laughter] i do think it's this college campus segment. if you look at universities all over, they're actually doing seminars for men where they can cope with their toxic masculinity, deal with their competitiveness and become soft and tender men. so it's a popular idea, for sure. paul: all right. so the american psychological association has also issued new guidance to members of the profession also aimed at suggesting that when you deal with male patients, you need to address this issue of toxic masculinity. what are they recommending? >> yeah. so they're saying, again, that competitiveness, dominance, aggression -- paul: those are the words they use? >> those are the words they use. paul: competitiveness -- >> aggression, dominance, all the things that are sometimes good in men. that these are largely harmful, and that the remedy for this is for psychologists to recognize sexism, recognize privilege and

joining me now exclusively here from davos procter & gamble ceo david taylor hello. be here. >> so another quarter of 4% organic revenue growth here we are in davos talking about the big picture trends for the world economy. what are your results saying about the global economy right now? >> certainly it says when you have products this appeal to consumers and deliver to them when and where they want to get it, that they get excited and they buy it. i'm excited. this is the second quarter in a row we've been able to grow organic sales ahead of the market, and it tells that you superior products consumers will still buy. >> so is it an execution story with some of the changes you made within the organization that we've talked about getting rid of the matrix structure, or an overall better view on consumer >> i think the consumer is still very engaged i've heard a lot of stories about the consumer not engaging, and that's not been our experience whether it's the u.s., china or around the world, the consumer is willing to buy products that meet their needs at the end of

your consumer products drying procter and gamble is in hot water for allegedly trashing their old customer base that story in a short while for now but to sell so much great stuff. we're going to get a quick check now of some other stories making news around the world a member of the german armed forces has been arrested on suspicion of spying for the iranian secret service officials say the suspect is a fifty year old german of afghan descent but suspect reportedly had access to sensitive material including information about the german army's mission in afghanistan. judges that the international criminal court have acquitted former ivory coast president laurent gbagbo as war crimes allegedly committed following disputed elections in two thousand and ten judges ordered the immediate release of both babo and codefendant chavez leg a day. case had been seen as a milestone in efforts to bring justice to even high ranking leaders accused of atrocities. hundreds of central american migrants have set out from on the us to try and reach the united states the new caravan hopes to succeed even as t

consumer products john procter and gamble is in hot water over the latest trashing their own estimate that is if. this is the business. with tourism a spreadsheet deal said to be rejected by parliament today many british businesses are preparing for months of tales many of been stockpiling shifting investments relocating jobs though no one knows what the true extent of the damage could be and you certainly won't escape scot free either by the end of twenty twentieth's the union could see a budget deficit of around sixteen billion euros is germany expected to foot about a quarter of the bill the association of german chapters of industry and commerce warns that german businesses may have to fork out three billion euros in chia just to pay you export tariffs goods headed to britain. well for more on that let's bring in mark malloch brown he's a former government minister and now. being an entrepreneur itself what do you say to your colleagues in the house of commons today vote yes or no. well look at the difficulty for you if we've got such a divided country that is no good answer in th

and by procter and gamble those companies had pretty strong earnings reports also increasing their projections for the next couple of months for big i.b.m. it has been actually the best day on wall street in about a decade and that was the main reason why we did trade to the upside but on the other side there are those ongoing concerns nobody really knows what is going to happen was the trade dispute between china and the u.s. so that put some pressure on the market at some point here on wednesday and then we're also entering the thirty third day of the shutdown in washington and economists try to figure out what that actually might have an implication for global or for global grows here in the united states still a lot of uncertainties a shaky market but those three companies that made the difference here on wednesday in scored a for us there in new york with the wall street view thinking the ends. and let's get back to our coverage of davos our correspondent javier aligator spoke earlier with michelle basile a she's the u.n. high commissioner for human rights and she spearheading an anti dis

procter & bam bell and united technologies then at 7:00 a.m. eastern, we are expecting to hear from comcast. the parent company of this network. it's expected to release its quarterly results as well, and we will bring all of those numbers as quickly as they're released, as soon as they hit the wires. cnbc will have complete coverage of that report on the closing bell that's coming up after the markets close. >>> ceos convening here in davos, and they've been sharing their biggest concerns from 2019, the world economic forum even teamed up with insurance and risk management firm larson to issue a report on the biggest global risks this year joining us right now is dan glazer, the ceo. thank you for being here >> it's great to be here >> it feels like there's a lot of hand ringing going on this year a lot of anxiety about what's to come in 2019 and 2020. we had a number of guests yesterday, including ray dalio, who suggested there was a recession headed our way come 2020 >> year after year the feeling here sometimes ends up being the opposite by

he was to talk to the ceo of procter and gamble. the sea -- the ceo says mrs. pelosi, we have a lot of fragrances that we think you might enjoy. she does not kick him in the shins, she does not storm out of their and tell stories. she civilly says, i would like you to meet my good friend. and the guys face goes ashen as he is shaking his hand and he says i want you to know that i find your tactics reprehensible. he did not get a meeting with the ceo and did get a meeting with folger. and they used to joke later on fred ross and nancy pelosi and said the london freckles is probably named reprehensible. it would've been a good name for it. [laughter] that would lead into nancy's toughness. she does not mess around. there's a misconception when people turn on the television and see them speaking into a camera about what she's about. she's not very polished speaker. her mind is much quicker than her mouth. and a journalist transcribed dozens and dozens of conversations. it is in need of dashes and combos and she doesn't speak in long clear sentences. she is almost

the boss of procter and gamble, maker of fairy liquid and gillette razors, says its products could costdeal. david s taylor told the bbc that any tariffs the company may have to pay would be added to grocery bills. there we go. a quick look at the markets. japan has about 20 minutes to go to —— today. investors weighing up the news about huawei. as well as other risks out there today. that's it for the 7 as we have mentioned, the prime minister's agenda today is meeting was senior politicians. the idea is to find a way forward with brexit. she spoke after surviving a vote of no—confidence in the commons. she spoke after surviving a vote of no—confidence in the commonslj believe no—confidence in the commons.” believe it is my duty to deliver on the british people's instruction to leave the european union, and intend to do so. so, now mps have made clear what they don't want, we must now work constructively together to set out what parliament does want. that is why i am inviting mps from all parties to come together to find all parties to come together to find a way forward. one that both

longer term actually matters, ibm, procter and gamble and comcast all blew away the numbers. i like everything i heard from ibm's reportings last night. and best clean quarter in ages no hair on it so to speak. first the company is making major strides in hybrid stroud with private on premise cloud with off premise one so many markets have to migrate to the cloud it's huge, making strides and helping health care industry with good blockchain help meanwhile ibm businesses in true position with consumption of the merger with red hat to give ibm leg up in cloud business it did have a weak third quarter but made it back this quarter, quite impressive then procter and gamble with giant earnings with terrific i'd, skin and personal care grew in teens fabric and personal health care, mid digits each top markets experiencing growth with china up 15% thought we were supposed to be at war with them ante up 16%. japan up 9%. who would have thunk it. and e-messier increased by 30% i can see it going up 5% when everybody upgrades tomorrow. how about -- aero space where whitney gave you 22

few individual names making that look like a stronger performance than that is, united technologist procter & gamble giving it half a percent gain. >> earnings the name of the game there. >> indeed. let's start with blue chip stocks morgan has utx and aditi roy let's start with you, seema. >> driven by its beauty segment, thanks to oil of olay. p & g pointed to strength in china, which cfo referenced on the analyst call a number of products raised prices last year the question is whether this trend will hold, if the macro environment worsens in the coming months. best day in four months, up 4%, and outperforming its rival, kimberly clark wilf >> seema, thank you for that don't forget p & g ceo will speak exclusively to us in davos at 10:00 a.m morgan, you're following united technologies a pop on earnings. >> it is, about 5% up right now. revenue beating as well. best sales growth in over a decade aerospace a huge driver. acquisition of rockwell collins but more commercial and military for pratwell whitney segment profit is expected to grow faster than sales and key cash flow to grow faster

. >> reporter: procter & gamble which owns gillette has not shied away from topics.eautiful campaign, encouraging fathers to be more present in daughters' lives. >> it's not enough to run an ad and say our product is the best. you have to get attention and be talked about. >> reporter: dove broke the mold when it introduced real beauty campaign, ads focussed on body positivity. since then, companies have followed with mixed results. >> i want to brew a beer. >> reporter: budweiser tackled the issue of immigration during the super bowl, with this widely-praised ad from 2017. >> a huge percentage of budweiser drinkers are immigrants to this country, a very calculated choice. >> reporter: but some commercials have notoriously missed the mark. when pepsi released this ad featuring kendall gender, using soda to diffuse tensions between police and protesters, many spoke out. dr. martin luther king's daughter tweeting if only daddy would have known about the power of pepsi. pepsi subsequently apologized and removed the spot. gillette is standing by its spot, writing in part

i think i'd like to focus more on procter & gamble and kimberly clark.ries. one has a beauty line business which procter & gamble has and that really drove earnings yesterday. where kimberly clark doesn't, which leaves you comparing different consumer products of diapers and razor blades and other things of that nature and that wasn't so good, which might give you a sneak preview of what's to come with consumer spending. cheryl: does that worry you, then? are you worried about the consumer. you start talking about a recession, talk about the bottom falling out of the world and people start to believe it and pull back on spending and then a lot of these ceos in davos, jason, are telling us things are pretty good. they're kind of rebuffing this global slowdown talk. >> yeah, i mean, i think that you want to take a top-down meets bottom-up approach. when you look at bottoms-up from a company and earnings perspective, things aren't that bad. i'm a believer that top-down ends up driving everything which is the global macro picture. you were talking about euro

cheryl: 8% s&p reporting so look at procter & gamble.venue 18.4 billion, strong demand for products there, comcast, higher in premarket as well, up almost 4% right now reported adjusted profit 4 cents a share beat expectations, added more than 350,000 internet subscribers fourth quarter revenue 27. 9 billion beating estimates on comcast. >> well, bono at the world economic forum in davos where you are maria, speaking out about capitalism listen. >> capitalism is not -- amoral, it is amoral, it will requires structure capitalism has taken more people as poverty than any other ism, but it is a wildebeest and not tamed it can chew up a lot of people. along the way. cheryl: also said in comments that those that have not benefited from capitalism are driving politics towards populism. >> two days ago alexander oesh oe -- ocasio-cortez said it is immoral to add that crazy coca-cola has recently launched bolts and cans korean boy band bts seven designs one each band member you spoke with coca-cola ceo. >> tell us about the k-pop crazy coca-cola

both of them were above consensus guidance and procter & gamble which is in line with good organic salesding up in the mid single-digits helping the dow outperform the s&p 500 where are we with earnings right now? it's a early only 76 of of the s&p 500 have reported so far. here's the main trends first the fourth quarter numbers are strong, q1 numbers are still coming down. pup put you want next full screen the fears of an earnings recession, consecutive quarters of negative earnings growth, they're not materializing, at least not yet. we are not going to zero for 2019 as of now the commentary from ceos indicate lower growth but no recession. that's one of the reasons we're holding up so well first quarter earnings have gone from 8% growth in the beginning of october to only about 3% growth today that's a notable decline, more than usual but again, it's not negative there may be some pressures emerging revenues for the first quarter are over 6% right now. earnings growth only about 3%. put up the next full screen. that indicates costs are rising. revenues better that be the bottom line h

pfizer, i prefer merck and procter & gamble, maybe goes to 95.oods, drug, utility, telco, and bank that works for me. but we're not done ♪ hallelujah we've got more to do let's go to jason in mississippi. jason? >> caller: boo-yah, cramer. >> holy cow, jason you sound awfully young. good to have you on the show, though. >> caller: that is my 8-year-old daughter she is a good fan. >> that's what i want. that's what i want they say the show is only for the cousin's best friend a brofther-in-law? no it's for the daughter. >> caller: all right so my holdings are altria. amazon, mastercard and disney for my daughter. >> long day. smart girl the kid's got horse sense. altria hard for me to recommend a tobacco company. they do big position they do that juul. i have too much of a political view on that but, yes, tobacco. amazon, amazon retail, prime, bingo. love it. large position in my charitable trust. mastercard, ultimate fintech stock. disney, in iger we trust ago ier is like the head of china. i think he is a lifetime job ceo for life and canopy, br

procter being a derivative of a lot of companies, game, when the economy softens, procter having a greata move back to health care merck will report this week. i think merck will be very good. but people are scrambling. >> people focused, amd, micron, all down on this nvidia warning. by the way, nvidia, high was around september of last year -- of -- yeah, september of 2018, jim. so it did -- wait -- am i looking at the right i think i am it plummeted, kind of -- that fourth quarter was brutal for it $280. >> their august 2018 comments were bad and they gave you a hint but, remember, you couldn't tell, now what happened -- these cards were used for crypt yes or f gaming they were returned if they're crypto now we realize gaming has slowed that may be the product line between what they have and what -- where they're going to with touring there are so many read throughs. the one that is very interesting, intel is regarded as so cheap that it doesn't get hammered swan told a good story good enough. it sells at ten times earnings >> right. >> what was really interesting is the multiple kept

season,nding earnings we had some better-than-expected earnings reports from ibm, procter and gamble, united technologies. concerns over trade tensions and growth lingering, not to mention the partial government shutdown here in the u.s., day 33. the s&p 500 led lower by energies and material. consumer staples are up. the dollar index losing about a quarter percent. that is after a six-day rally, demand taking a breather after pushing the greenback to a two-week high. amber: you mentioned the consumer staples specter -- sector pay that is where i'm focused, especially as you see a big divergence. proctor and gamble has outperformed over the last year, trading at a premium to the outperformed kimberly-clark. today we got a sample as to why that is. parker and gamble in a rare move actually signaling growth for 2019 as it saw growth in almost every single one of its categories. meanwhile, a company like kimberly-clark signaling its sales will likely decline as it grapples with higher cost, particularly raw materials for things like pulp, a key input for the tissue that it makes. a risin

upbeat earnings from heavyweights such as procter & gamble and ibm helped to ease fierce about slowdown in global economy and trade tensions between u.s. and china. on today's watch list, new filings from unemployment and earnings from american airlines, southwest and starbucks. hulu cutting the price of its most popular streaming plan by $2. it will now be $6 a month. that's for a basic ad supported package. hulu's version will stay at $12, live tv option a small price hike from $40 to $45 a month. the changes come a week after netflix hiked prices on its streaming plans. new prices take affect february 26th for new subscribers and sometime after that for existing customer. hulu has more than 24 million subscribers in the u.s. . amazon is testing a new way to deliver packages by robot. the amazon scout is a self-driving device that will soon be on the streets of a seattle suburb. it's about the size of a cooler on wheels. it has the ability to navigate around people, pets and anything else in its way. amazon says the scout will follow a delivery route all by itself but will initially b

first of all, who do you think procter & gamble's aiming that ad at?kind of funny, because when i look around, they're mostly bearded men. [laughter] i do think it's this college campus segment. if you look at universities all over, they're actually doing seminars for men where they can cope with their toxic masculinity, deal with their competitiveness and become soft and tender men. so it's a popular idea, for sure. paul: all right. so the american psychological association has also issued new guidance to members of the profession also aimed at suggesting that when you deal with male patients, you need to address this issue of toxic masculinity. what are they recommending? >> yeah. so they're saying, again, that competitiveness, dominance, aggression -- paul: those are the words they use? >> those are the words they use. paul: competitiveness -- >> aggression, dominance, all the things that are sometimes good in men. that these are largely harmful, and that the remedy for this is for psychologists to recognize sexism, recognize privilege and aggressiv

procter & gamble, unilever, nestle, pepsico all part of this. the guy who thunk it up..a princeton dropout namedtom szy... he's the ceo of terracycle.. he recyled a garage as the headquarters complete with plastic bottle curtains.. cuz he let's nothing go to waste. the loop experiment starts with several thousand consumers in new york and paris this may.. thenplans to expand to london, toronto, tokyo and san francisco by 2020.and while we're scrounging together plastic to recycle.. a hedge fund billionaire just wasted 238 million dollars on a penthouse apartment. it's the most ever paid for a home in the u- s. overlooks central park south.. oh and this is just one of his pads.. he also just bought a little place next to buckingham palace in london for 124 mill. so who is the guy? hisname is ken griffin.. he's the ceo of chicago based hedge fund citadel. if you wanna play the dating game: he's 50 years old, divorced his second wife a couple years ago, has 3 kids.. and he loves art.. he must cuz he paid 500 million dollars for two paintings. ( darya ) a los angeles rams fa

on today's watch list, earnings from procter & gamble, united technologies and ford. >>> uber is rolling out rewards program in 25 u.s. cities and metro areas today, expanding beyond nine launch cities, including san francisco. it calculates how much you spend on uber and uber eats in the past six months and awards perks like a $5 credit, no fee cancellations if you book your ride, and free car upgrades. the feature will show up automatically in the uber app. all you have to do is look for the invitation on the home page to sign up. >>> and americans are playing a lot of fortnite and fifa 19. a new report out today says u.s. video game sales that includes hardware and software hit a record $43.4 billion last year. an estimated 150 million americans played video games, making the industry one of the fastest growing sectors. the industry provides roughly 220,000 jobs across all 50 states. those are your cnbc business headlines. i'm more of a madden person myself. back over to you. >> taking it old school, frank. i'm with you. all right, thanks, frank. >>> 4:39 for you right now. coming up

. >>> our own sara eisen is out in davos, switzerland, sitting down with the ceo of procter & gambleor an exclusive interview sara, over to you. >> thank you fresh off of reporting another strong quarter of growth, procter & gamble ceo david taylor is optimistic about the state of the global consumer. >> what we have seen that underpins the growth is shared growth and says you're winning the products are winning we have share growth on the past 1 in 3 months globally and the biggest country the u.s. growing share last month, last 3 months, last 6 and 12 months and seeing other important markets like china actually accelerate which is very important and the top 15 markets all grew sales over the last quarter so with that, we thought it was appropriate to go ahead and raise the upper end of our guidance range because we believe that consumers are coming into our brands because they see them providing great value. >> want do get to the china story. >> yes. >> a lot to unpack there but first on the business, it wasn't broad based fully. grooming was still declining what did you see in th

procter & gamble, unilever, nestle, pepsico all part of this. the guy who thunk it up..e.. he recyled a garage as the headquarters complete with plastic bottle curtains.. cuz he let's nothing go to waste. the loop experiment starts with several thousand consumers in new york and paris this may.. thenplans to expand to london, toronto, tokyo and san francisco by 2020. and while we're scrounging together plastic to recycle.. a hedge fund billionaire just wasted 238 million dollars on a penthouse apartment. it's the most ever paid for a home in the u-s. overlooks central park south.. oh and this is just one of his pads.. he also just bought a little place next to buckingham palace in london for 124 mill. so who is the guy? hisname is ken griffin.. he's the ceo of chicago based hedge fund citadel. if you wanna play the dating game: he's 50 years old, divorced his second wife a couple years ago, has 3 kids.. and he loves art.. he must cuz he paid 500 million dollars for two paintings. (ácommercialá) (áábreakáá) (áábreakáá)(ácommercialá) ( darya ) a los angeles rams fan is goi

. >> also last month dan bet procter & gamble's big run was coming to an en. >> i look at this on a valuationlook at that chart right there. i say to myself would i play for a breakout knowing what i know about the global economy and the strength of the dollar, knowing about investors' focus on valuation. i'd say no i could buy the january 90-82.5 put spread selling one of the 82.5 at 40 cents. >> shares of p & g tanking in the days following but have since recovered. dan, what do you do with p & g here >> i got some resistance on this trade idea from carter and maybe from mike on the structure i was a little aggressive on the width of the spread but you remember the christmas day massacre that we saw in the stock market this stock went down from 92 when we put the trade on to about 87 the trade was worth a little more than $4 at that point so in a name like this when you get to the midpoint of a spread this wide, so short, wooyou havt take it off. it cost $1.50, it's worth 45 cents. i think you have to cut your losses if you still have this on, because the likelihood if we don't have another

the siesta most vegas and earlier i asked her why accompanied us producing to space and shampoo by procter and gamble was making an appearance at a tech fair. it's quite interesting that such a robber can at for additional company think that it's important to be present here for the very first time they say that it's important for them to infuse technology into everyday products because they consumers want them to be there and they are presenting here he said razors and the tooth brush that is using artificial intelligence to help you to brush your teeth properly now xander yes and to show all the latest the harvest back but to me it seems like much of what we saw has already been around for a while is that a valid impression. while you write something that i was thinking when i arrived here and talked to the organizers about the new trends trends we saw here last year but what i think what is different right now is sort of interconnectivity we can see in different almost almost every all areas when we talk about solved driving cars being connected to smart home devices when we talk about

reprint used to carmakers becoming regulars of these tech fairs but now even consumer goods giant procter and gamble entered c.s. not what i as the father of an eighteen month old girl want to know is these cells changing diaper finally here. well unfortunately i have to disappoint you we are not expecting selve changing diapers here sorry but it's quite interesting that such a rubber of additional company thinks that it's important to be present here for the very first time they say that it's important for them to infuse technology into everyday products because they consumers want them to be there and they are presenting here he's had razors and a tooth brush stand to vishal intelligence to help you to brush your teeth properly now alexander yes ams to show the latest the harvest tech but to me it seems like much of what we saw has already been around for a while is that a valid impression. well you're right that's something that i was thinking when i arrived here and talk to the organizers about the new trends trends we saw here last year but what i think what is different right now is

and procter and gamble could have a.ution to one of the most frustrating things about cleaning dishes. jane king is live at the nasdaq with those stories and more. ( jane )good morningprocter & gamble has created a new type of automatic dishwasher detergent to remove cooked-, baked- and burnt-on food residue.the new formula has a surface cleaner and an organic ammonia based cleaner.there's no name for the detergent yet as it just applied for the patent.fruit juices, for both kids and adults, may include lead and other metals.a consumer reports study found elevated levels of those heavy metals in half of the juices it tested.organic juices did not have lower levels of heavy metals than conventional ones. tesla plans to double service capacity by adding shifts, stocking more spare parts. tesla has faced complaints on social media about the long wait times customers face before they can book appointments and get their cars fixed.the company did report a profit but has struggled to ramp up production of the cheaper model 3.a

procter & gamble is likely to report a drop in second—quarter revenue.fourth—quarter profits expected to drop. both struggling with rising raw material costs. four is scheduled to report this fourth—quarter profit. the american car—maker is in the middle of restructuring and has warned that results would come in below wall street expectations. that is michelle with the latest on what will happen on wall street later today. let's now turn to davos, where uk trade sectretary liam fox is currently trying to drum up support for trade with the uk after brexit. he warned that quick deals with the uk could be harmed by attempts to block "no deal". some countries do not yet believe that no—deal is a possibility. 0ne of the reason that myself and other ministers are here is to convince other countries that no—deal is a genuine possibility and they must prepare because of the do not there could be a break, even if it is a temporary one, in the trading relationship that we have with those countries on a preferential basis. of course we can trade with them on a wto

in a statement overnight to abc news, gillette's parent company, procter & gamble, says, we don't applytax under any circumstance. shaving different hair on different body parts in different environments requires fundamentally different products. and, meanwhile, despite the backlash to its recent me too commercial, gillette says it has no plans to pull the ad. >>> the interim president of michigan state university is resigning in the wake of controversial comments he made about victims of former school doctor, larry nassar. john engler was brought in to help the school deal with the aftermath of the nassar sexual abuse scandal. last week engler told a newspaper that nassar's victims are, quote, still enjoying the spotlight and the awards and recognition after they came out against nassar. >>> one of the richest families in the country is accused of helping to fuel the opioid epidemic. the massachusetts attorney general claims the sackler family, which owns purdue pharma, maker of oxycontin, was part of a campaign of deception about the dangers of the drug. eight members of the family ar

misc mixed session rather well she managed to close up the dow jones driven by the likes of ibm and procter and gamble. their shares of eight and a half eight and eight and a half brother and 5% respectively after strong earnings reports. major european indices closed in the red investors are stilll on edge about the future of the global economy and brags it. french supermarket chain carefufu outperformed shares were up 7%. sony has announced it will move its european headquarters from the u. k. to the netherlands the second major blow to the british government in as many days. on tuesday dyson's at its base would be relocated to singapore although the appliance maker denied the decision was like to brag that. sony however admitted it was hoping to avoid customs issues that could arise once the you can leave the european union. meanwhile europe's top birds and go* urged british politicians to reach a constructive solution on the withdrawal till. yeah to consider ways to leave do you [inaudible] number. one elderly with their own. based on the agreement that we have. step by step with the uk

state includes chevron phillips chemical company dow chemical exxon mobil for most aplastic corp procter and gamble reliance industries and shell among other or oil chemical as well as waste management companies now they pledged a billion dollars and what they're saying is hey more companies come join the alliance we want to boost that pledge up to one point five billion u.s. dollars to save the world from all those plastic that's absolutely everywhere there is seems that one of their focuses if you go on their website is cleaning up the oceans which we know is a huge story and i'm sure you've all seen pictures of what's happening in rivers and oceans etc absolutely awful so this pledge i mean it seems like a wonderful thing and suggest put a billion dollars it isn't that great these companies are fantastic aren't they their part. absolutely i've seen you know we're just throwing some of the roll there of plastic on the beaches and i denisov places it is really bad and kill and fish and just horrible for the environment stuff does not does not go away so speaking of bad what's the kicker

become second nature and prominent here this year companies you don't naturally think of as techie procter and gamble and l'oreal are here tech is now that pervasive in our lives so for that reason what used to be called the consumer electronics association had to change its name a couple of years ago to the consumer tech. knology association and they read to us the media not to call this the consumer electronic show they want us to call it c.e.o.'s lots a lot yeah i know i'm used to the old acronym but i mean when you're talking about folks like l'oreal out there i mean it sounds like almost anything goes holland. almost and we're going to make some news here because one of the hottest tech products in the last several years is not here consumer technology association c.e.o. gary shapiro told me that he cigarettes are not on display because the faith thing manufacturers were not invited otherwise there are some forty five hundred companies from one hundred fifty five different countries here exhibiting their stuff and some one hundred eighty thousand of us here to gawk at it so my favorit