they're acquiring sanderson farms.est sandcastle - and greatest memory! but even i'm not as memorable as eating turkey hill chocolate peanut butter c with real cocoa. well, that's the way the sandcastle crumbles. you can't beat turkey hill memories. ♪♪ it was my dream to be an entrepreneur based upon the examples that i had growing up. and that was important for me because you can't be what you can't see. the ey entrepreneurs access network has a tremendous impact on my business and other african american and latino entrepreneurs across this country because they give access to networks, business opportunities and capital. comcast nbcuniversal is investing in entrepreneurs to a bring what's next for sports technology to athletes, teams, and fans. that's why we created the sportstech accelerator, to invest in and develop the next generation of technology that will change the way we experience sports. we've already invested in entrepreneurs like ane swim, who develops products that provide hair protection so that everyone

you are bringing together sanderson with continental grains farm unit.ogether the number three and number six chicken producers here in the u.s., with tyson being the largest. it will be a joint venture run by continental grain, which owns wayne farm, and cargo. two of the biggest agricultural producers around. they really want to take on tyson, not to mention pilgrim's pride, which is owned by jbs. kailey: thanks very much today wilson for that stock of the hour. coming up, we will discuss the impact of the $550 billion bipartisan infrastructure deal with the ceo of siemens usa. that is next. this is bloomberg. ♪ kailey: this is bloomberg markets. i'm kailey leinz with amanda lang. the senate in moving closer to passing the $550 billion infrastructure package. one company that stands to benefit from the bill is siemens. chairman and ceo barbara humpton is with us now. where do you think the biggest boom will be for your business? barbara: we are involved in so many aspects of american infrastructure. we are excited that so many of the initiatives we are

sanderson farms stands at $196.9 07. but it's not just chicken that's got the food world squawking. panera bread has inked a deal. the ceo of the new combo to be called pa a their rah brands. a panera brands. but why now? the new combo coming together just as coffee prices double year-over-year and the country eyes a work force reluctant to return to the cappuccino machines. he always has a plan though. he's here next on why now was the crucial moment for the mash-up. with the closing bell ringing in 49 minutes, "the claman countdown" is coming right back. we've got a lot more ahead, don't go away. ♪ ♪ experience our advance standards safety technology on a full line of vehicles. at the lexus golden opportunity sales event. get 1.9% apr financing on the 2021 rx 350. experience amazing at your lexus dealer. up here, success depends on the choices you make. at your lexus dealer. but i know i've got this. and when it comes to controlling his type 2 diabetes, my dad's got this, too. with the right choices, you have it in you to control your a1c and once-weekly trulicity may help. most p

if approved, it could value sanderson at $203 a share.essor and in premarket shares are rallying 7%. tokyo olympics coming to a close with athletes from all nations gathering in the national stadium at the olympics as the flame was put out and fireworks launched. paris will host summer games in 2024 and as you can see fighter jets flying over the city wall forming the french flag in a colored smoking in the end of the out on top 113 total metals and 39 gold. just one gold ahead of china. back to you. dagen: the artistic swimming was one of my favorite events. it was like so bizarre. anyway, i got it all on dvr and i'm going to watch for the next week. track and the strange artistic swimming. thank you. the senate is moving forward with 1.2 trillion dollar infrastructure package and maria spoke with north dakota senator kevin kramer yesterday about what is included in the bill. >> we in addition to the bill that came out of our committee and then this compromise of the 1.2 trillion, 450 billion, that's over a third of it is not just infras

structures that know investigates. loya government official tax official whatever could ever penetrate. sanderson comes up with yes, another offshore scheme to prevent the disclosure of mr. x is true identity center, the word investment fund before bonnie low invest 5 percent. there's no requirement to just those who they invest in number. under this plan, mr. x controls that club through a master trust, samuelson forms 20 trust and each of the owners to exist only on paper, both 5 percent or less of a club. the master trust controlled by mr. x would kept secret from the f l. i simply give them company all the help i didn't but they will go through them. so because i know the real shareholders behind it is the one structure that they diagnose. and yeah, you one get, i mean, i've done this before and i will just, i was fortunate, i'll need to delete the didn't they see that they then weigh around the shop. so evidently the premier league club and found a member of the world's oldest football league in 2004 tonight based company, led by samuelson aims to buy a controlling stake in the club pool. gr

sanderson farms, one of the biggest chicken producers in the u.s., nearing a deal to sell itself.nd they are in advanced talks. they are a smaller poultry processor. the deal could be finalized by early this week. victoria state recording 11 new covid cases. let's get some analysis of the challenge. always wonderful to have you with us. we are entering week seven of lockdown here in greater sydney. what should that look like? >> we are looking at where this is carrying. people are still coming together in family gatherings. there are more incidental exposures. it is really hard to go that extra yard with this particular variant. there are more incidental meetings. everyone at a gathering indoors. it is frustratingly stubborn. we need to find a way to bring this down. that is what we are trying to do in the public health response. >> we just heard from new york about how the u.s. is at a six month high when it comes to covid cases. israel is seeing very many infections. can we get to elimination? >> absolutely. the talk of covid zero, we have been talking about buying time. we want

stock is reacting today, a lot of it is the results better than expected results, but not only that sandersonk at the 8.5% gain here, it's impressive to see just how tyson has done it even with cost pressures, it's managed to put some of those prices on to some other consumers. in its earnings call earlier this morning, the company came out and basically said the prepared foot setment is up 30% versus pre-covid times that's a huge move higher before the pandemic hit we know how good it's gotten since the lows of last year. they have seen an unprecedented inflationary environment they currently see higher prices in food service operations, and could see higher retail prices by the beginning of september. it goes to show you even companies lie tyson are finds pricing power to pass on to consumers. >> really, what what is the consumers' choice? >> if you buy chicken, yes what you are finding right now is consumers, the iron is hot. everybody wants to eat out more often. some of that prepared food side of thing goes to restaurants and service. opentable has reservations, and take a look at this c

sanderson farms nearing a bdeal to sell itself for $203 a share. a 30% premium to the closing price on friday. according to "the wall street journal" it is in talks with continental grain. the deal for the third largest chicken producer could come as soon as this morning, brian. wondering if there is a big review on big chicken. >> i was going to say you wonder if it will run af-fowl of regulators >> really? >> it's monday a lot of headlines give it to me, bertha coombs >> i'm givingit to you >> all right >>> a charred landscape in northern california as the dixie fire is the second largest in the state's history. we will give you a report on the devastating scene when "worldwide exchange" returns does your vitamin c last twenty-four hours? only nature's bounty does. new immune twenty-four hour plus has longer lasting vitamin c. plus, herbal and other immune superstars. only from nature's bounty. ♪ music ♪ plus, herbal and other immune superstars. ♪ dream, dream when you're feeling blue ♪ ♪ dream, dream that's the thing to do ♪ ♪ music ♪ when you s

rob sanderson has a $70 price target on. we all know about the diversified platform and reopening.arket for their ad opportunity potential and he has a number of around $7.5 billion conservatively pay attention to that. and uber is where it is. >> mr. instagram >> i don't know about you all but i'm going to stick with msg which i talked about earlier i'm ready to go out with my friends. highlight room, beauty in essex. let's get out and about. >> that is why the man's insta is so good steve, go. >> all in one night, huh >> all in one night. >> i'm sticking with my short in baba stock goes lower >> jon >> american express. bought it during the show. >> all right thank you guys for making me so comfortable here really appreciate it there you see american express down a little bit. that does it for "halftime." "the exchange" begins right now. >>> thank you very much. we'll see you soon welcome to "the exchange," everyone a lot of news affecting your money today as the fed heats up taper talk and traders pause to watch the unfolding events in afghanistan. that's where we begin. explosi

shares of sanderson farms jumping 7% the third largest chicken producer in the u.s. $4.5 billion buyout offer from privately held commodities trader cargo and agricultural investor continental grain. >>> and strong beef sales, the beef packer raising guidance for the full year as hotels and restaurants ramp up business tyson shares up 6% for their best daily gain in more than a year back to you. >> a lot of meat in that news update thank you. >>> social media is seeing a big inflow of new funding as investors try to cash in on what our next guest calls the unbundling of social media here to explain that, former zillow ceo, spencer rascoff. this unbundling of social, as you mentioned, it is not entirely new, linkedin has been around for a while we have seen snap have a nice bounceback but, you know, we also see discord and next door, even peloton in a year or two would have been considered part social network. what is it that is different about these models and attractive about them, maybe even as we look beyond advertising? >> yeah, so, social media has become so hug

. >>> chicken producer sanderson farms is jumping on news after it will be bought. is expected to close by the end of this year or early 2022 separately, draftkings is making a $1.5 billion bet on the future of online gaming contessa brewer has the details. >> hi, courtney. golden nugget online or gnog has it -- what is the return on that investment well, it gets promotional consideration at tilman fertitta's houston rockets, landry's, and the golden nuggets brick-and-mortar casinos but the details is they get 5 million gnog customers last hour jason robbins explained how that helps his company overcome a great hurdle. >> we have done a great cross-selling. we haven't done as well with the i-gaming customer. they had done a tremendous job >> golden nugget has notable market share new jersey the analysts tell me it doesn't have enough cash to compete nationally ceo tilman fertitta pointed out that the shareholders have been at a disadvantage because of prohibitions of gnog accepting bets on the houston rockets. then draftkings sagged for a bit, and popped back up a b

sanderson farms soaring after agreeing to be acquired for $4.5 billion or $203 per share by privatelyucer cargill and continental grain to create a bigger poultry player amid the soaring demand for chicken parts and chicken products shares up 7% and a retailer that is in the red. dollar tree downgraded to holds from buy at deutsche bank which is expressing concerns about the impact of increased freight and labor costs on profit margins. you can see those -- the stock though is down now, it's down 10% year to date david. >>> the strong jobs report friday has some in the market rethinking the timeline for the federal reserve. senior economics reporter steve l liesman with changing fed expectations >> the bigger than expected payroll gains and that jaw-dropping jolts report plus july revisions to the prior month's forecast for more large payroll gains to come have introduced the pocket of a faster fed the chance of a quicker move to tapering its bond krchs. former fed official now at ever core writes we tweak our base case so the fed, still deciding in november, starts the tapering proce

there were more blacks at sanderson which is where i was by the time i read my first biography about jefferson so yes, it was new . integration was new at the time and i had been the person who started that in our town. >> you write in your most recent book integrated that school c la ruby bridges but without the police escort. >> without the police escort it was, my parents and the school district and i proposed the school newspaper or not the school newspaper, the town newspaper decided that we would make a big deal about it. they would make a big deal about it but i would just go and it would be as if nothing were unusual here. of course it was very unusual . i remember during thatfirst year there , the delegations of educators and people coming to stand in the doorway to look at us. me and the 25 or so white kids who were in the class with me. to see how this experiment was going. so it was intense time. i my mother said at one point i broke out in hives which might have been a stress reaction to things but it's like anything, you grow up and i look back at that time and i focus

and weather when it comes to agriculture production >> talking about the agreement to take over sandersonted to ask you what that means. for chicken prices where prices have gone up over time >> we made a commitment to the protein industry around the world. we were in the chicken business in the u.s. back in the 1990s. we think this is an important source of protein. we think consumers want choice whether change, turkey, fish or beef it is diversification of our business operating at scale, we can help the prices you can't help deliver such an important food source and have larger companies that can do it cheaply and keep costs down. our view is that we can do our part to keep prices lower. >> you talked about protein, are you as a corporate planner expecting to be in that business in 10, 15, 20 years when you hear the earth cannot sustain that much protein development. do you see any near term effects with grain and what we are reportedly seeing? >> it is such an important question and what consumers and ranchers and farmers are asking as well because of so much protein consumption comes

stuart: sanderson farms, big time chicken producer. what are you laughing at?'s a price of four and a half billion dollars, $203 a share. we are closer to that offer price and they are selling it to the agriculture producer. this will be a huge tie up and we will see how much control they have over the market which might be contractors-- concerning to regulators. stuart: let's wrap this thing up we are down one third of 1%. look at that level. a new closing high on friday. we are down 100 now, but still 35,100, for the dow jones. 10 year treasury yield slipping a bit 1.27% as of now. checking gold, 1746 is the quote and oil, huge decline in the price. not sure the reason, but it's down to $66 a barrel, nearly 3% lower and even so boiled down, but the price of gasoline averaging $3.19 in california, we always tell you this those poor people are paying $4.39 a gallon for regular gasoline. susan: also, the rally in bitcoin, do you think it's because money is coming out of other commodities like oil and gold? stuart: as it rotates around that is a possible answer a

is totally ag dependent, iowa, he asked the department of justice to go after the acquisition of sandersonoducer in the country, by two of the big ag corporate giants. do you think this is the moment where they could take that case, biden's doj, and actually grab a scalp in stopping this consolidation that really hurts the american farmer and the american consumer? >> i do. i really do think there is a growing and to some degree bipartisan reembrace, revival of antitrust sentiment. we lost it for 40 years. but now we have the various undeniable expressions of the problem of concentration, of big corporate concentration in agriculture as in tech. of course there are fewer americans directly affected by big ag than in the case of big tech. but absolutely. i think big tech is, again, everybody uses google. everybody has facebook. so it is familiar to citizens. but, familiar to citizens. but, no, i think it can extend to things, to the monsantos and tyson meats of the world as well. >> you wrote a piece. i've been talking for a while on this show now about this hyperindividualism. of course we