impltsds sanderson farms is one of your picks, and it's really getting killed today. are you adding to positions? >> this is one where we have written puts on it. >> jim, you get the final word. if you had to put together a list, give me two other three names you like at this juncture. >> yeah, we still think there's an opportunity in midstream and specifically in mlps. yields are still in the mid sing the digits. williams are two that we particularly like. you're getting an investment in over 70,000 miles of pipeline seattle that cross the spectrum. so i that's a great opportunity in our mind. >> appreciate it. >> morgan? >> well, check out mobilelite, weight analysts issued their first coverage notes which were generally bullish since it went public at the beginning of the month. to avoid auto accidents. that's currently trading up. simon, back to you, morgan, thank you very much. >>> warren buffett often described as the most successful investor ever, helping to make a deal that many would call un-american. we have the details on the burger king deal. robert? >> wa

and he's picked agriculture. >> reporter: sanderson farms is already lining up new customers. but russia relies on imports for 40% of its food. so experts say putin is only hurting his own country. >> he believes in matching force with force. he always retaliates. but in the end he is only making life more difficult for the people of russia. >> reporter: and putin won't stop at food imports. he is expected to ban european airlines, lufthansa, air france, british airways from flying over siberia. the shortest, cheapest route to asia. even though the western sanctions are already hurting all sectors of russia's collapsing economy. this week, aeroflot, a subsidiary of the russian national airline had to suspend flights to crimea unable to get boeing parts. thousands of russian tourists are stranded in bulgaria and elsewhere as their travel agencies go bankrupt. tonight, the biggest worry for the u.s. and europe is whether putin will stop at a trade war or actually order his troops into ukraine. and tonight, the president said that the sanctions are working as intended. brian. >>

sanderson farms. the company's spokesman mike cockerell. thank you very much for being with us. >> thank you ali, i appreciate the opportunity. >> let me understand how this works, chicken producers or chicken farmers don't typically export chickens to russia they do it through your larger companies. >> we have independent contract producers who grow the chickens, our company picks those chickens up and sell the products to russia. >> were you anticipating this type of action from russia? >> we have anticipated it. this is not first time russia has done this. russia banned united states chicken in 2004. and as you mentioned in your lead in, at the time russia represented about 40% of our export market. they were far and away the largest export market our industry had. compared today it's 7%. mexico is our largest export partner and our company and our industry has done a good job since 2004 diversifying our export mix and the markets to which we export product. russia being 40%, to 7, is it because russians are buying less chicken or we're

. >>> poultry producer, sanderson farms, missed earnings estimates in third quarter.rofits and sales both lower than expected. sanderson says it processed less fresh poultry than it forecast last spring because fewer birds hatched and the chickens weighed less. shares down 6% to $89.79. >>> meanwhile, down on the farm, they're getting too much of a good thing. good weather has led to a bumper crop of corn. and that's what many are talking about at the nation's largest outdoor farm show in iowa. but as jane wells reports, for farmers having too much of a good thing is costing them. >> reporter: carol miller is checking her corn. >> it's getting closer to being mature. >> reporter: that means it's also getting close to harvest, which is expected to set a record. more than $14 billion bushels of corn may produced in the u.s. this year, a lot more than when we first met miller two years ago in the middle of the worst midwest drought in half a century. >> we probably are going to lose 20 to 40% on something like that. >> reporter: that was 2012. and now? now you have too m

. >>> thomas sanderson, work focuses on terrorism, extremist groups in central and middle east. thomas, welcome. >> thank you, good to be here. >> 500 by some estimates the number of british sentence wh who -- citizens who have joined the islamic state group. how difficult is it to track those people? >> extremely difficult. you'd have to know their intentions before they're leaving and britain does have good security services at home with mi-5 and the police. but they can maybe pick up what they're planning to do in syria and iraq. they see this as a legitimate battle so they may not necessarily hide it. but once they go and coming back and tracking them and finding them is very difficult. you may not know they've gone to syria. they may be traveling to different parts of the world, and if they don't have a stamp in their passport which they will not, the british may not know where they've gone to fight or do anything. >> could that number be higher and we just don't know them? >> oh yes, i'm sure the estimates are below what is really. the russians at 800, i think those number

and finally, the sanderson farm. okay, here's the thing. >> here's the thing?he thing. [laughter] the next day they reported, and the success opened lower. it opened lower, so you couldn't have been hurt. >> a lot lower. [laughter] charles: a lot lower. and it was up big the day after that, up nicely yesterday. i forgot where it closed today. i love 'em all, i'm still in all of 'em. >> workday i love. close above 92, major breakout for that stock, love the sector. shihu, again, down a little bit, but the -- charles: are you worried about the alibaba ipo sucking all the air? >> i am not. >> i'm a guy that wears kind of one of those plastic watches, but i will say the sanderson farms i'm joining jimmy rogers' band camp because i do like the farmers. i do think they're going to have a lot more pricing power going forward. so that little hiccup -- charles: it's all about the globe and protein -- >> they need biographer chickens, though, because they're having fertility issues these days. charles: well, you know what? that happens every now and then. [laughter] it's

tom sanderson is here to help us understand exactly who we are dealing with. richard, i want to start with you near turkey's border where many isis recruits are joining the fight. >> reporter: isis has gained an enormous amount of credibility and support over the last year and really over the last six months as the group has been making enormous advances in iraq. isis now calls itself the islamic state and it's starting to look like a state and act like a state of brutal medieval state but one that controls territory, one that operates across borders and one that is governori governing in its own fashion as they believe they are prisoners of war. it has been a very attractive group for extremists from europe, in particular, to join and also from around the islamic world, especially from iraq. many iraqis have been going to join up with isis once that border melted away between iraq and syria. it is believed that there are 3 to 4,000 europeans, many from the uk, hundreds at least. and this group that was holding james foley was led, in particular, by the person

joe sanderson is the ceo of sanderson farms.s been dealing with the effects of a low libido bird. will sawyer also joins us was a protein analyst in atlanta. effects ofling the this on the ground, what went wrong with these roosters? mailll, this particular aboute use represents 25-30% of all the males in the industry. he has a propensity to gain weight just like its progeny. if it's overfed just a little bit, it's unable to mate. it's too heavy. to mate. he really does not lose its libido. it cannot physically mate. therefore, your fertility goes down and your hatch ability goes down and you end up with fewer baby checks. --chicks. >> the u.s. agriculture department reduced its u.s. chicken production forecast. how much of what is going on in the infertility issue is playing into the broader forecast? is this a minor let? --blip? >> it's mostly a minor blip. we have seen that fertility has declined about two percent in these roosters. when you spread that over the 25% of the rooster population that has been affected, it's only

we'll cover that with tom sanderson, an expert in transnational threats. let's begin with the military mission with kelly o'donnell. what's the latest? how soon do you think we could expect potential additional air strikes? >> well, at this point, krystal, it has been that first round involving two f-18s dropping two 500-pound bombs. the president's authority does give the military additional ability to act without the president having to individually green light each instance in which american fighters would be over the skies of iraq. so we don't know. it would be determined in part by the military assessments. there are 300 military advisers on the ground who are assisting the kurds and the iraqis, americans who are there to try to help with this, in part helping also with the laser-guided detection so they can guide those bombers when they do come in. so timing for a next strike is unclear. it's typical those things are not announced before they happen. more typically, we learn after a mission has been completed. it could also include additional humanit

. >> thomas sanderson, thank you for joining us. >> you're welcome. >> an extended seize four in the the u.s. senate. not exactly your typical politician. we'll explain, next. when you run a business, you can't settle for slow. that's why i always choose the fastest intern. the fastest printer. the fastest lunch. turkey club. the fastest pencil sharpener. the fastest elevator. the fastest speed dial. the fastest office plant. so why wouldn't i choose the fastest wifi? i would. switch to comcast business internet and get the fastest wifi included. comcast business. built for business. >> welcome back, montana democrats choosing amanda curtis she has a nose piercing and maybe not the mold of what you think of as montana recent politicians including former governor and former senator max ba a cus. amanda curtis replacing walsh on the ticket. he was appointed to fill the seat and bowed out of running for reelection after admitting he plagerized his masterthesis. >> republicans are hoping to pick up enough seats to take back the senate. if that happens, it may be due to more than presiden

sanderson farms, number 3 player in chicken space. company is well positioned for huge growth, wider stronger margins. corn prices have come down, and new opportunities in things like boneless improving, chicken should be a winner. we are talking about a protein drive. a diet thigh days -- these days, retail partner, kroger, safeway, publics, walmart. what about sanctions. but not as much as past, at one points the industry relied on russian exports now they are 7% of total export, the real deal is execution, it has gotten boater, they have -- better, they have beaten the street last 3/4, i like this a lot, it is perfect for your 401(k), moi target 125, david? >> i don't get this one. 7% of our poultry experts, i look at numbers they go up this year, on this year's numbers that is great. hey home run, but next year they go down more, and analysts predicting a huge cut 92 nervous? >> i am. charles: matt? >> i would love to help you out, chicken consumption is the same. it is a little boring for me, it is just chicken. >> the past ashio

charles: two days ago i mentioned sanderson farm, the stock got hammers, got back half today, you bought it at -- >> no, no. >> you bought it at the open, i'm already making pho*u you money. what do you think about that? we know that technology world is always fast moving. idea that maybe you could make an investment you don't have to find big winner who'll have the hottest gizmo, but the names behind the gizmo? >> you are right, that acquisitions abode well for this stock, and the valuation is in line. but i think that the sector as a whole in terms of technology will speak toward price and where that goes, i am more hold leaning towards a buy. charles.charles: okay hold/buy. >> what do you think? i think that everyone is using snap chat. charles: a decision of a lifetime, do you make one of the biggest decisions ever on a worth less degree or throw passion out the window for a good living? remember, all about making money. you have to make the right college decision. wondering what that is? that, my friends, is everything. and with the quicksilver card from capital one, you earn unlimi

. >> tom sanderson, am i long that the kurdish people were looking for more reinforcement from baghdadhey're not often looking for more from baghdad indicates establishment a homeland if not an independent state. going to the general's comments, not only do we not have sufficient forces to do the kind of follow-on activity there, but we can't want the success of this country more than they do in baghdad, and until there is political reform, i don't think we can expect to see much more significant military activity. >> you don't think they want success here? >> i don't think he wants to sacrifice what he needs to sacrifice in order to get success. his definition of success is different from ours. and what the iranians are willing to concede here as well is another issue. i don't think we'll have a full-scale maximum effort on the part of the united states until we see more inclusion among the different ethnic groups inside iraq. and we're not there, not even close to it. >> that of course was supposed to happen, though. it's clearly not happening, so how intransigent is maliki and what

. >> drop for sanderson farms down 6%. >> here we go with the meat space, most particularly the poultry space, lower hat trarksdz smaller breasts on the chicken. >> that didn't work out for them. i think you get out of them. >> you love pig feet, don't you? >> what. >> pig foot. >> i don't dine on that. >> what's the word you say that. >> i am chinese. >> it's pig's feet. chicken feet are also a delicacy. >> i prefer the pig belly. >> anyway, coming up, the rally if long-term treasury prices, should you buy or move or steer clear? tim says for the, guy says yes, it is a street fight headed your way. the inside scoop on why burger king pay be overpaying for it's java and donuts later on. spary tdd#: 1-800-345-2550 can take you in many directions. tdd#: 1-800-345-2550 you read this. watch that. . dsl myth #1. it can help your business save money. false. the truth is when you compare our fastest internet to the fastest dsl from the phone company, comcast business gives you more for your money. why pay more for less? call today for a low price on speeds up to 150mbps. and find out more abou

tyson foods under pressure earlier, also sanderson farms saying that they were going to look ahead of the sanctions if that hit. they were going to look for alternative sources of demand if they start to feel the pain from russia. so those are a few of your american companies that you should watch, and trying to figure out what exactly it means. obviously european companies will feel it a lot more. bp has already warned that increased russian tensions could have an impact on business. they have a relationship, and adidas cut revenue and forecast profit targets because of weakness in gulf, also because of the russian ruble hit and some of the demand factor in russia. so no question, these company, going to feel it. cnbc has a great piece on cnbc.com about some winners. bella russian cheesemakers and serbian pork farmers. dare you to find some of those. >> writing this down. serbian pork farmers and belarussian -- already. got it. cheese. got it. thank you, sara eisen. >> gemma godfried, a look at this. saw emerging markets take a tumble. trading at the lowest telephole since july 1st >

sanderson, for me."ewark residents said, "i got your hardware right here, pal." [ laughter ] and then he grabs his -- he grabs his crotch. >> steve: he grabs his crotch. >> jimmy: yes, that's right. >> steve: that's rude. [ laughter ] >> jimmy: and finally, we asked, what do you want most out of life? charleston residents said, "you're starting to make me a a little uncomfortable." [ laughter ] newark residents said, "wow, no one has ever asked me that before. i'm sorry i was so rude earlier. the city can be a scary place, man. i built up a tough exterior just to survive. i guess sometimes it pushes people away." [ laughter and applause ] i guess they just need someone to reach out to them. apparently. >> steve: yeah. >> jimmy: some business news here. disney has just announced that the success of "frozen" has helped its profits reach an all-time high. [ cheers and applause ] they said this is the most we've made off of something frozen since walt disney. >> steve: wow. >> jimmy: isn't that great? [ audi

and one fellow, john sanderson from philadelphia, said i began to breathe when i got out on that bridge. i began to breathe the sort of free air of paris. c-span: a person by the name of william b. mccullough took this picture. >> guest: yes, sir. c-span: what is -- where is it and what year was it taken? >> guest: this was taken last year, last fall, last october. william b. is my second son. he is a former camera match in television -- cameraman in television and now has his own business as a builder in new england, and he's a wonderful photographer. he's a wonderful fellow to travel with. and the picture was taken just outside the sarbonnes on the left bank which is where many of these young americans went to study. they could go for free. they could go to the school of medicine in paris for free. the french government had a policy that all foreign students could attend their universities for nothing. they had to pay for their room and board, but once they got there, there was no charge for attending the university. it was the greatest university in the world. imagine a country doing

there is an occasional time, you know, bernie sanderson and i negotiated a va bill, but that was becausehat we had to, we had to act. there is a certain taint now and with some elements of both parties that they condemn you if you come to an agreement. and i'm always fascinated in my party, people who call themselves reagan republicans, either don't know or don't remember the fact that ronald reagan was the guy that negotiated with tip o'neil, he said if someone is with me 80% of the time, they're with me, a big tent party. and so, elections have consequences. and i believe that hopefully that the pendulum can swing back. the one thing that politicians crave, it's approval. and the disapproval is really phenomenal. we republicans look at the president's disapproval rating, look at ours. you know. >> you know, you've been, i was, you get criticized, you have elements of the arizona republican party that have been beating you up for years because they say you're not conservative enough, you get out here and i'm going get here on twitter, ohio my god, you had senator mccain on, so clearly,

and then there's earnings at sanderson farms falling 52 cents short of estimates. far short of consensus. shares under pressure on that news. >>> all right the s&p 500 crossing 2000 for the first time but it failed to close above the milestone. joining us now is liz ann saunders, charles schwab chief investment strategist and our guest host jurrien timmer from fidelity investments. jurrien is with us through the while show. liz ann what do you make of the nearness of s&p 2,000? is it meaningful? >> round numbers, i think, do get the retail public excited although what i find anecdotally is there's still more of a focus on the dow and less realization on a day to day basis of where the s&p is trading. it's been an interesting shift in the last month or so where until recently most of the longer-term sentiment measures still showed that while we're very much intact a lot of skepticism, those have become quite a bit more optimistic. so you lost a little bit of that support for longer-term sentiment measures whereas the 4% correction we got or pullback that we got rece

but sanderson farms fell as the poultry producer produced, well, less poultry than expected. and we end with ann inc., moving higher on news that ann taylor reportedly hired jpmorgan to explore a possible sale of the company. brian and kelly, back to you. >> all right, morgan. thank you very much. >>> well, 2014, the year may bring 2014 on the s&p 500. in fact, we're up just 5% in the past three months. but will these levels also bring some caution and some selling, kelly? >> yeah, you might think that a dow and s&p at record highs would push a famous short fund manager to get back into the short selling game, but it's still not enough for our next guest. joining us now in a cnbc exclusive is bill fleckenstein, president of fleckenstein capital, on the cnbc news line. bill, welcome. so, this is the question. you know, we're at all-time highs. does that make you itch here to finally short the market or no? >> no. i mean, i don't think it's debatable that stocks are expensive, but you could make the argument they've been expensive all year. the bond market is i think drasticall