i'm on my way to meet sanderson jones, one of the cofounders.e's here to check on the nashville chapter which has grown to 100 members since its inception. >> this is the home of sunday asemibring nashville? >> obviously we expected this to happen when it started it this year. we're like oh yeah in a few months i would be coming to nashville. >> what made you want to start sunday assembly? >> it's something i've been thinking about along time but you don't really tell people you've got an idea to start a new church, particularly if you've got this beard. >> sanderson, a comedian by trade, never guessed the atest group they started in london would grow so fast. >> when this church, on the first day, 200 people turned up. there were people in the aisles we had to open up this balcony. and then next month 300 people started turning up and people started writing to us. >> and now here it is. >> here it is. we didn't realize we were stepping into this massive need. >> is it an atheist church? what is the idea of sunday assembly. >> a goodless communi

. >>> and earnings out today from sanderson farms, the numbers were just ducky. profits doubled from last quarter, higher demand for the fresh and frozen chicken as consumers switched from expensive beef to more economic poultry. >>> and sander son's gains were small potatoes compared to shares of other meat producers, shares of tyson up 6%, hillshire farms up 13% because of a food fight on wall street with two different food giants both making bids to acquire hillshire fa farms. >> reporter: jimmy dean sausages never looked so good. hillshire brand is the company that makes them. they're also behind the sarah lee deserts. right now it is a hot deal on wall street, tyson foods, the largest meat producer and pork producer steps in offering to buy hillshire for $50 a sha%%ñ n a deal worth $6.8 billion, upping the offer from pilgrim's pride to buy hillshire for $30 a share. clearly, their corn dogs and other items are in demand. >> they do have some pretty nice brands in their portfolio. for example, jimmy dean breakfast platform that they have is a growing platform

outside of sanderson, texas.htning from severe weather yesterday, heavy rains, hail and the possibility throughout this afternoon of isolated tornado. more storms across the south and east. none of these i expect to be severe. still be smart. keep in touch with your local abc stations to make sure. great beach weather from destin to panama city. of course wear the sunscreen if you'll be out enjoying the hot holiday weekend. across southern california a few clouds. otherwise temperatures in the low 70s. the heat is on, phoenix to vegas. a new storm system bringing rain from seattle to portland. and we have a strong hurricane, we're talking about the second strongest hurricane in the pacific in the month of may on record. this is amanda, and she is continuing to sit and spin. good news is, at this point, no threat to land. that's a check of your nation's >> and that weather report brought to you by mazda. guys? >> so no threat from amanda? >> no threat from amanda but she may bring rain to the desert southwest. the

. >> where is sanderson? will sanderson come in? another thing to think about.hy do you have the deals, natural and organic. do you regard jimmy dean sausage as natural and organic? >> not typically. >> how about perhaps ballpark sfloonks no. >> is this the part of the show we say quinoa. >> quinoa is on fire. how did you know? >> i like to say. >> it sinnopta has the franchise. >> i had bruise sell sprouts last night. >> i had them too. shaved. i'm just saying that when you look at the part of the supermarket that's growing, it is not this. >> not this. hence, consolidation, perhaps necessary in your point, and the acreeion and synergy can result from that to boost your bottom line and potential top line. >> exactly. >> wow. this is going to be interesting one to follow. the economy showing contraction for the first time in three years and a mixed bag for retailers on the earnings front. we're going to have those details straight ahead. plus an interview you're not going to want to miss. exclusive with reed hastings. i'm not going to want to miss that one. that

check out sanderson fafrmts it's at sessions high right now. they're raising their markets. on a bit of real yahir. if you can take a look, the shares are up 2.5%. gaining ground. back to you. >> thank you very much. call it the fed hawk hoedown. steve liesman is in san francisco. steve? >> thanks very much. leading policy makers, academics and ecologists gathered here and weern got a special guest coming up, john williams on his outlook for fed policy and the economy when "power lunch" comes back. [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪ my mom works at ge. in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get t

this is the third recording this time with sanderson cooper that he's brought magic up.esn't know what he's done for minorities. i don't know if that implies he hasn't done anything. i don't know if that implies he's done a lot himself, mr. sterling, i don't know what that has to do with this issue although i would point out that magic has done a lot of business dealings that impacted a lot of minorities. that is also very interesting here. why he's bringing him up again and he also said he talked twice to magic and then anderson asked about those recordings and he said that the only person he talked to was magic. is he implying that magic released the tapes? it's weird and odd how many times he's brought him up. >> one last question, david. there are people suggesting that timing of these two interviews, donald sterling's interview with anderson and shelly's interview with barbara walters is not coincidental. they may be estranged as she claims but maybe not as estranged as they like us to think. >> i agree. it's highly unlikely that someone who is advising ms. sterling

and then you had sanderson farms also coming in with better than expected results.hose with the exception of pilgrim's pride getting a boost in today's session. transports also hit an earlier all-time high earlier in the session. but they've since turned lower in large part because of weakness that we are seeing in airlines today. and we just want to mention some of the retailers. you heard dominic talking about michael kors earlier, but we also had abercrombie & fitch coming in, better than expected results, although they were lower helped by its women's division. also dollar tree getting an upgrade. check out tilly's. this teen retailer took a very big hit, not only disappointing results but also disappointing forecast. so basically, a mixed bag in the retail sector. but again, if we hold here, we could see a record close for the s&p right now. we'll see whether or not it happens. again, really low volume here. >> those teenagers are dragging those retailers through the mud this year. >> they're a fickle bunch. >> they are. >> and we're keeping an eye on where the

they see this as a positive for sanderson farms which buys feed, now at low prices, and sells meat nowightly enough for hillshire. guys, back to you. >> all right. jane wells, let you get back to your grilling. love the apron. >> thank you. >> fabulous. >> jane wells, looking fabulous on the eve of memorial day. cooking up beef. now from steaks to soy protein, meat prices seem a little too high for you for summer barbecue, you might want to consider the meaty texture of a plant based burger. demand for meat alternatives is growing and gardein is one of the meatless product makers taking the trend to the masses. yves potvin is the founder of gardein and the man said to have created the first veggie dog more than 25 years ago. that's quite a claim to fame. good to have you. tell us about the popularity of veggie veggie dogs and other meatless meat. >> well, you know, with gardine has been on a rapid growth, as you can imagine. anytime for recall, hysteria for e. coli, or the price of a meat goes up, there's a consumer that is always on the threshold, looking to say, i'm ready to make a s