s&p up by 2 points. back to you. >> thank you. >>> starbucks is giving its yogurt a makeover by going greek.offee chain is teaming up with a french food company to sell greek yogurt parfait. the ready-to-eat cups will be available at starbucks. greek yogurt now accounts for more than a third of the market. >>> this morning's healthwatch. menthol cigarettes pose a greater public health risk than regular cigarettes. more and more young people are picking up the mint cigarettes and menthol smokers have a harder time quitting. in 2011 a panel said taking menthol cigarettes off the market would benefit public health because the flavoring makes it harder for smokers to quit. >>> summertime means fog, low clouds and rattlesnakes. 'tis the season. a bay area little league team is moving its games to a different field after an encounter with a rattler. a player's brother was bitten at blackhawk fields in danville after wandering off into the high grass behind the baseball diamond. the games have been moved to the ironically named snake park. it's safer to play there because there's less dry brush. th

expedia, the biggest loser of the s&p 500 stocks, and you can't do that, down 25%. starbucksnner right now, profits up 25% and the stock is up 6% to a new high, 72.50. president obama made an outrageous statement regarding the irs targeting scandal. with this endless parade of distractions and political posturing and phony scandals, washington's taken its eye off the ball. and i'm here to say this needs to stop. stuart: repeat phony scandals. let's ask miss garrettson group was targeted and she testified before the house ways and means committee. i bet you don't think the target r targeting of your group was phony. >> stuart, i want to get something straight, you're a business guy, president obama has had four and a half years to fix the economy. during that time the economy has grown less than 1% and now he's out there telling the public that it's because of an irs scandal that he just found out about two months ago? that may work for low information voters, but i'm he not buying it. stuart: and what did they do to you? i know he called it a phony scandal. give us a rundown,

s&p, nasdaq negative, as well. >>> up next, we were talking starbucks. will it perk up your portfolio or get you in hot water? >>> and herbalife reporting earnings after the bell. it's a true battleground stock, and we'll have the instant analysis and reaction, including from resident herbalife skeptic herb greenberg. >> i feel like he just comes out of the woodwork when they report earnings. >>> and then, some people won't let the federal government breathing down your neck ruin a good party. embattled hedge fund giant steve cohen had a bash this weekend raising ire and eyebrows. more on that ahead. [ male announcer ] it's time. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything better than before. the new blackberry q10. it's time. ♪ >>> welcome back. shares of starbucks trading at all-time highs a of the giant coffee company raised its earnings. it's adding charges stations to a number of locations in the silicon valley area. is now the time to buy

some 50 s&p 500 names hitting all-time 52 week highs that is. starbucks, look at these names, bed, bath and beyond, whole foods, pepsi, google, the russell 2,000 small cap index hitting 7th consecutive record growth. big cap, small cap, bank, you name it, they are all going up. shep? >> shepard: haters keep saying look if don't get in it's going to crash. it hasn't yet. what's the thinking. >> watch the economy. it's that weak economy. you talked about the retail sales being in weaker than expected. that is good for the market. traders like to think that ben bernanke is going to keep printing that easy money. keeping this rally going for some time to come. shep? >> shepard: all right. gerri willis, live with us. thank you. we could soon hear from an irs agent at the cincinnati office. that's where officials say staffers targeted some groups applying for tax exempt status. fox news has learned a house committee has invited elizabeth houghacre to testify on thursday. she accused the irs official lois lerner of launching a nuclear strike on the cincinnati of

starbucks today. >> reporter: pretty amazing. the best performer on the shen you're seeing a lot of selling. they came out with the quarterly numbers and raise their full-year profit forecast. they have roughly 19,000 cafes around the world. when you go round the world starbucks is doing well at home and abroad. they have had obviously rapid expansion plans which has helped them to remain competitive against some of the other guys such as mcdonald's and panera. the stock is up almost seven and a half% oday. in addition to the fact that they have had a great presence and expansion, they have also been expanding what they offer including buying tea and juice and bakery companies in order to continue to give their customers an array of things that they may be interested in. so we continue to see starbucks growing and is certainly has a stellar performer, not only today, but hitting a high. it is worth noting. dagen: thank you. president obama nominated caroline kennedy to be a next ambassador to japan. kennedy would be the first woman to serve as the top u.s.

as for the rest of stocks, the s&p looks like this, and the dow is under pressure with a lost earnings today, including starbucks and amazon after the close. the silicon valley index is this morning is double a little bit. speaking of markets, americans are more afraid of investing in a stock than losing their jobs, public speaking or dying after a survey that fines having enough to pay for their children's education and rising health care costs. finally, lululemon not just for the ladies, adding more gory for guys. the $98 yoga pants for men are selling out. the brand is looking to get another sports apparel like golf and running and more stores to open in 2016 and they have been partnering with events to have a higher profile among american men. and some of them look pretty good. that is the news from the new york stock exchange for bloomberg business report. >> thank you, jane. the point is you want to keep yourself warm in the morning. >> tell me.i should buy $100 yoga pants. >> don't stop mid-calf. >> we will continue this discussion. >> so, we will talk about weather, thank you for stopping by. half mile v

s&p 500 up by four. >>> corporate america at the half way mark of earning season and today two well-known companies reported earnings after the closing bell each with different stories. starbucks first beat street estimates and raised the full year earnings forecast. results at the world's biggest coffee chain were helped by strong sells. amazon swung to a loss of two cents a share and issued a cautious forecast for the third quarter, as the neinternet company's expansion plants weighs in. >>> the single biggest day for companies earnings and more than half the firms in that index said what they made or lost last quarter. to put the numbers in context, john butters. welcome back. good to see you. simple question, how are we doing? >> relative day. it's an average quarter. we had over half the companies report earnings at that time and 74% of companies beat expectations. that might not sound like a high number but a little higher than the average over the past four years, 73%. on the revenue side we seen 54% of companies beat the sales estimates and that's below the average of 58% but better than the performance in recent quarters. more companies missed revenue estimates than b

starbucks. china and asia pacific coms up 5%. we were now at the halfway mark in the earnings season, larry, 250 of the s&p 500 companies have reportedarnings and here is the scorecard. 68% have beat, 10% have met and 23% have been below estimates. >> all right. thank you. i want to go right to russ. i'll just say not bad. what do you think? >> the earnings. >> 68% beat. and the actual earnings increased, the actual earnings increase is running up close to 8%. that may not last but that's the actual increase. so what do you think? >> i think not bad's a fair way to put it. it's not bad but in the context of very lowered expectations. you go back to where earnings numbers were back in march, they've come down quite a bit. mostly because people realize the economy is not rebounding as fast as we thought it would back in january. but companies are beating expectations because they're doing a very good job, as they have been the last few years, of managing that bottom line. >> capital goods came out, core capital goods, aircraft, military and so forth, third straight monthly gain. let's see 7.5, i don't know. almost 10% increase at an an

with the s&p it is on the sixth day of gains as i mentioned consumer related names so those hitting record highs, t.j. max, autosome, a target, starbucks, also carr max and delphi automotive. not bad. with the consumer names you cannot ignore gold on a day like this. it is rallying with the dollar sinking. $37 in the after market session, doesn't that look like a high? it could be. the money from the fed is not stopping with the dollar goes down almost always gold goes up. but let's get to the floor show traders and nicole petallides at new york stock exchange but first our traders, john, right out of the gate the s&p and the dow hit all-time highs that is something to marvel at. >> what i like to see the we have not seen before is a nice flat line with not a lot of volatility. we opened up and we stayed the course except the last 50 minutes but that shows healthy movement. we will see up 100 and down 100 and back pergonal it shows conviction. they are reiterating that fact. we're in the second half of the year anti-ms. redding out so now with the opportunity comes up for them to get involved there is ii with the market to be real for

starbucks is firing on all cylinders. we'll have to see if valuation becomes a concern as it trades to a premium on the s&p 500.tock hitting a new record high after the company reported results yesterday. on the downside, zynga, its earnings missed street expectations and let's stick with social media. take a look at facebook after its monster run yesterday. today the stock is getting downgraded at argus research to hold the analysts over there citing valuation concerns. tyler, back to you. >> seema, thank you very much. rick santelli tracking the action at the cme. what have you got for us, rick in. >> looking at a two-day chart of tens, a couple of things bounce out. first of all, highly unchanged for today so there's a little bit of trending lower in yields. however, 2.56.5, 2.57 the current trade and still seven basis points higher on the week. now, let's shift gears a bit. if you look at the longer term chart, we've hit all the key technical levels, down here the market technical levels, that means equilibrium. that's what the assumption seems to be on the charts on fixed income. higher range but an equili

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starbucks put up unbelievable. i mean, could you pick your superlative, and they would all, i think, fit the description. facebook, the apt of peopmount s faces who were ripped off off that shocker of not only the report but the move in the stock, what do you make of it? >> it's what we've been saying for a long period of time. this stock moves on earnings alone and then it suddenly falls off. you go back quarter after quarter since they got into the mobile space, one thing mark zuckerberg said, we will find a way to get monetization in this mobile space. they did it on the first quarter where he was supposed to. he delivered. did it again and once again. when you're talking about what a percentage of the revenues are and what a big piece they are getting in the global markets now in ad revs, this is incredible. it's an incredible story. the execution has been perfect. the other thing he said that was so important i thought, is abso evidence to show that teens are done with facebook. >> so you and murphy added to your position? >> what would you expect him to say? i give up, teens are -- >> don't you think you would have to give some so

s&p 500 following suit. disappointing earnings coming in from amazon and zynga. local names there, too. starbucksorts best quarter ever they say, and is that stacks up $5 a share right now. smart phones continue to grow in popularity. shipments hit $230 million during the second quarter. that's up 47% from the same time last year. samsung had 1/3 of all smart phone sales with 76 million, apple comes in second with 31 million. that was just 14% of the total market share and that's the lowest percentage apple had since 2010. >>> demand for that chrome cast gadget we were telling you about, more than google or amazon had expected. amazon says it has a three week delay for people who or -- who ordered the advice. googles original offer gave buyers the chrome cast device for free. three months net flex but google ran out of nexflix promotional codes hours after it bent on sale. >>> the oakland city council decided not to sen sure did he seeley brooks. the council held a special hearing that lasted late into the night a lot of people showed up and spoke up in favor of council member brooks. six council

s&p 500 down as well. nasdaq getting a boost from good earnings report, apple to name one of them. up more than $24 a share. we'll still hear from today facebook, motorola and starbucksocks that will be reporting. >>> michael dell is boosting his bed for the company he founded. he's now offering 1375 to shareholders to take the company private. right now, this morning dell is trading at 1298. that vote from shareholders delayed until august 2nd. general motors' stock would have to share for nearly $96 a share for tax payers to break even on the gm bailout. that stock is tladding about $37 a share. a government watchdog says she has no doubt the tax payers will lose money on the bailout that saved gm to help them get through the 2009 bankruptcy proceeding. >>> let's bring you up to date on some of the top stories we're following for you. last night in richmond. >>> more than a dozen police officers rushed to city council chambers because of a large protest. police cleared out the council chambers after protesters with bullhorns started shouting. the reason for the disruption. that's still not clear. the mealing did continue in the lobby. >>> sheriff's deputies in san