the reason is because of seagate. that is an 88% premium to tuesday's close.eagate is down by 3.25%. one popular retailer is not doing so well american eagle down by 7.9%. even though we saw a rise earlier this morning. its second-quarter adjusted dish its gross margin improvement in the second quarter slowed first the first quarter. -- versus the first quarter. thank you very much. let's take a look at the top stories crossing the bloomberg at this moment. if i from ohio accomplishments has died. he was elected in 1968 and became ohio's first like member of congress. he was the dean of the delegation -- drawing attention for his unflinching interrogation of lieutenant colonel oliver north. he was 90 years old. betty: dick fuld is putting his estate in sun valley up for auction. 71 property includes acres. the compound includes three residential structures, the main house was service quarters, separate guesthouse with 11 bedrooms and 10 bathrooms. auctions expects the estate to bring in $50 million. in the mood for love. the ceo of the drug company making the

that is yoshi seagate. he was a photographer. he was a photographer for the newspaper. he had enough film to take 24 photos. he said it was too horrible. he only took seven photos. five of them have been preserved. he was very respectful. he did not want to show close-ups. he did not want to show horrible suffering. wanted to show people at the relief stations. they were trying to escape from the fire downtown. you can see the destruction. this was 1.5 miles from the center. he said it was like walking through hell. he said we could not take photos. it was too horrific. it was too intrusive on people's privacy and suffering. shows people with almost no medical supplies. nurses and doctors and hospitals were ended. there was no medicine. people were trying to put oil on the burns. within days people were reporting maggots coming out of the wounds. it was just awful. nagasaki people are lying there. they are falling apart on the mattresses. this is a woman breast-feeding her baby. aboutare lots of stories people carrying dead children and babies. they were trying to nurse

with any luck their son ben will be next generation to seagate or ramma -- it is already paying him dividends he found his wife here. >> just got married 4 months ago, my wife walked through the doors of the gift shop. jamie: that is how you met? >> that is how we met. jamie: she works with him. >> she loves it mere. jamie: they have one last treat for me. >> we'll show you how to sit on an alligator. jamie: do you do that? >> i have been wanting to do it where i was 6 years old. >> cover his eye, put your knees in the dirt, and your hands right here -- stay back! jamie: this not in my contract. it's looking at me. >> i think he likes you. jamie: you might say this is the type of guy, once you get your hands on him, you don't want to let go. >> we're getting along. jamie: otherwise you might end up like allen, literally giving him the finger. >> after all their hard work and stress. patty and allen found their place in the sun even if it is inhabited by thousands of man eating rebtiles. -- reptiles, alan said when ben was 16 he was working with a 6 footer it clamped down on his arm, ben staye

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i don't know what it is with old tech today but microns, intels, and texas instruments and seagate, theylied along with apple. >> micron has an analyst meeting on friday so there could be some optimism going into that meeting. >>> next, some red flags in biotech we're watching. those details ahead. >>> plus we're talking to the first manager of a tech fund. where does he see safety. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provid

seagate, xilinx couldn't sustain gains we saw on the rebound. really one of those sectors so emotional for the market, so volatile today, just have not been able to get up beyond the even mark, melissa. >> all right. thank you, bertha coombs. check out what's happening in the energy market. crude oil below $30. wti dropped below $30 a barrel early in the session. back apolo 30. brent bouncing off its low, take a look at the action down 4 1/2%, 4341 is that last trade. energy stocks no surprise taking their cue from the move lower. crude, 3.35%, a los there. all this comes less than 30 minutes to go before the oil market closes for the day. take you there live for the nymex for the settle ahead. meantime get to sue herera with a news alert. sue. >> thanks, melissa. it concerns comments from double lions founder gundlach. he has delivered alpha. some of the comments he mentioned at delivering alf ark, cnbc investor event earlier this year. he said u.s. stock market is in a mode of uncertainty at best. that's a quote. this is in an interview with r

announcer: thursday night starting at 8:00, more from the atlantic conference with fema's crank seagate and more. at 9:00, we will show you president obama's trip to the region. hurricane katrina anniversary coverage all this week on c-span. c-span is spending much of this week looking at the impact of hurricane katrina 10 years ago this week and how communities ever covered. up next, a c-span documentary created after the hurricane struck the gulf coast, displacing nearly one million people and killing almost 200,000 -- 2000. >> ♪ >> [singing] louisianaoing down to ♪ >> ♪ >> [singing] >> ♪ shame of it.he this is america. >> we have several hundred sites across the state -- about 120 or so in the new orleans area. >> this is basically the reality that katrina was an enormous, very powerful storm. and as it overwhelmed the system, -- >> what katrina has done is cause a cultural desperate. -- diaspora. >> this is still almost like a ghost town here. >> ♪ what am i going to do >> ♪ >> [singing] >> ♪ announcer: the city of new orleans, when you're after katrina, is now home to less than 50%

. >> a few confidential classified e-mails and documents seagate to journalists and the few he had justn his desk or bed room and he is punished with a criminal charge. he didn't get any presents aiso inside joy for call, and they won't confirm anything what hillary clintonsentence joy for won't confirm anything what hillary clinton did is much worse. maria: can she be president? >> two words, top-secret. everyone knows what top-secret means, you know when you look at something, giving a public resonance. that is our real problem. maria: could there be perjury charges. i didn't know they were there. >> secretary of state -- maria: both had get clearance. you know when you send information out, you have government clearance, what you are sending out. >> it was personal. it was commonplace. this was her e-mail. it was at home. >> she said repeatedly she never sent, no information she sent. >> that is not true. >> at that time. >> the pricing of those words. that. classified -- left her level, she would have known that. there is no way not even intuitively. >> when you are trafficing, and

seagate technology buying dot hill systems, maker of data storage hardware and software.m over the closing price. two retailers also out with earnings. lowe's exceeding estimates for both revenue and same store sales. office suppliers retailer staples matched estimates on both the top and bottom lines. the sales in the current quarter will fall from a year ago. >>> coming up, education front and center today for the presidential candidates who are in new hampshire for a summit on the topic. campbell brown, co-founder of the seventy four will join us next. >>> and take a look at what is the come later this hour. there you go. "squawk box" will be right back. ♪ ♪ ♪ if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. but hurry, offers end august 31st. share your summer moments in your mercedes-benz with us. no student's ever been the king of the campus on day one. but you're armed with a roomy new jansport backpack, a powerful new dell 2-in-1 laptop, and