. >> starbucks trading at all time highs, normally moving 3.5%. that i have a move of 3.cent after they report tomorrow which would be a change of about 3.4 to $3.4. they have seen slower growth rates and at the top one level t. new scores that they are planning over the next five years, a slightly lower place. those are the concerns that have the options margins a little more spoofed this time. >> grasso, you like starbucks here? >> no, i don't. the slower growth rate. if you look at duncan, they're up 5% year-to-date. i do believe that there is something that smells and i'm not trying to joke around here. something smells in the coffee industry. i think both are a no touch. >> coffee prices are dirt cheap. their costs have never been better. so i think there is a company that's slightly in transition. we know it's the transition, by the way, at the top is a guy that's very good at counting paperclips. that's what he does. i think management is up to the task. this stock reminds me a lot of mcdonald's at some level. they've have a lot of levels to execute. sales have slo

starbucks trading in bitter taste of coffee with sweet, sour explosion of mythical proportions.get the unicorn treatment? it is wednesday, april 19th. where fairy tales and dreams come true. >> announcer: from abc news, this is "world news now." >> we begin with details in the rampage in fresno, california. a man police say was angry with white people and the government charged in connection with four murders. >> in fact three of the victims all white males shot to death. the suspect also believed to have killed a security guard last week. >> investigators say the murders were not terrorism related. but rather, about race. abc's correspondent is following developments from los angeles. >> this is solely based on race. and -- it has nothing to do with terrorism. >> reporter: the shooting spree starting just before 11:00 tuesday morning. >> getting reports of multiple gunshots incidences in the downtown area. >> reporter: 16 shots in multiple locations. police say this man, 39-year-old, kori ali mohammad. walked up to a pg&e truck on north vanness, allegedly shooting the passenger

probably didn't like the cfo to say that was in line with what they were expecting. >>> starbucks sharing tradingower after the company reported weaker than expected revenues for its latest quarter. same-store sales came in weaker than expected, especially in the u.s. that 3%, not quite the 5% that investors are used to. we'll hear more about starbucks quarter and whether they can turn it around this morning. the ceo kevin johnson and executive chairman, highway ward shultz, joining "squawk on the street" later this morning. >>> ubs reports q1 profits up 79%. saying improved investor sentiment had not translated to increased client activity. >> barclays saw its shares go south after the bank took a one-off impairment charge on its african business as well as a trading miss. on the call he said it was down to u.s. rates trading, saying he had good volume in the business, but given the volume he would have expected better performance. putting it down to positions. on the goldman sachs miss which wes talked about a couple weeks ago, they didn't put it down to incorrect positions, they said it was mo

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liberty mutual insurance. >>> time for final trade, sam. >> starbucks plenty of support. 56, 57, thereor joining us on the desk. >> coca-cola defensive. >> starburks i'm taking the other side on this one, i'm a seller here. >> under armour, squeezing the shorts. i think it sees 25%. >> thanks for watching. blue venture commands the red zone. see you >>> my mission is simple, to >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach. so call me at 1-800-743-cnbc or tweet me @jimcramer. better than expected. better than expected. better than expected.

this is like my trade deficit with starbucks which i am not to kill you worried about. let's go back and think about what the aggregate trade balance is. it means we import more than we export. how can we do that? how can we buy more from the rest of the world and we still more to the rest of the world? only one reason. we are borrowing. this is why i am saying it has much more to do with borrowing and lending, with investment, with spending and output than it has to do with trade policy. by definition we must be spending more than we are producing if we are running a trade deficit. the trade deficit is currently $500 billion or about 3% of gdp. what are the causes of this? one of the causes is fiscal policy because we have been running a fiscal deficit. if you really are concerned about the trade balance, it is important to not expand the fiscal deficit because then the government will be absorbing more. it has to come from somewhere. some of that will come from abroad and it will expand the trade deficit. fiscal policy is actually super important for the trade balance.

starbucks shares were down some 5% in late trading after the us based coffee chain cut its full yearfailed to meet a 5% target. profits were just over $650m. it's a tough start in the job for kevinjohnson, who succeeded howard schultz as ceo this month. the company has pledged to return to the rapid growth it once enjoyed — but has been struggling to boost its core us business. the kentucky doctor dragged off a united airlines flight from chicago earlier this month has received a financial settlement from the airline. you know this picture. lawyers for dr david dao, 69, say a condition of the payout is that the "amount remain confidential". dr dao was violently removed by airline law enforcement officers after refusing to give up his seat to united staff. i want to know... if united is watching, we really want to know! everybody around the world is dying to know, how much that man god, millions, sean lee! how much pr disaster can cost a company —— how much that man got, millions, surely. president trump has been telling reuters news agency he will either renegotiate or terminate what

trade deaf sits don't matter. this is like my deficit with starbucks, which i'm not particularly worried about, i'm going to emphasize that bilateral deficits don't matter. let's go back and think about what the aggregate trade balance is. it means we import more than we export. how can we do that? how can we buy more from the rest of the world than we sell to the rest of the world? why would they let us do that? only one reason. we are borrowing. so this is why i'm saying it has much more to do with borrowing and lending, with saving and investment, with spending and output than it has to do with trade policy. by definition we must be spending more than we are producing if we are running trade deficits. as it was stated the trade deficit is currently $500 billion or about 3% of gdp. what are the causes of this? we are borrowing, so one of the causes is fiscal policy because we have been running a fiscal deficit. this why i'm saying if you're concerned about the trade balance it's important not to expand the fiscal deficit because then the government will be absorbing more. it has to come from somewhere. we are borro

the other point is bilateral trade deficits don't matter so this is like my deficit with starbucks which i am not particularly worried about. the bilateral deficits don't matter. let's think about what these aggregate trade balance is. the import more than we export. how can we buy more from the rest of the world then we sell to the rest of the world? only one reason, we are borrowing. this is why i am saying it has more to do with borrowing, lending, saving and investment, then it has to do -- by definition we should be spending more than we are producing if we are running trade deficits. the trade deficit is currently $500 billion or 3% gdp. what are the causes of this? one of the causes is fiscal policy, we are running a fiscal deficit so this is why i am saying really concerned about the trade balance, important not to expand the fiscal deficit because the government will be absorbing more, it has to come from somewhere. some will come from a broad trade deficit and this fiscal policy is super important to the trade balance. what happened over time that caused the trade deficit to ri

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trading. alp alphabet showing a surge in earnings as its business continues to grow at an extraordinary rate, and problems such as the advertiser boycott of youtube had little effect. >> and starbucks says stay tuned. the unicorn frappuccino drove significant customer traffic to its stores. in fact, starbucks ceo saying the company will launch at least one new drink into happy hour this year that is going to be as good as the unicorn or even better. >> or so they say. we'll see. you'll be the judge of that. >> we'll do taste testing. i saw it getting panned on social media. it's interesting to see that change. thank you very much. >> talk about a sugar high. >> no kidding. >> the giants were on a high of having beaten the dodgers for a couple games. not the case yesterday unfortunately. quiet morning at at&t park. i'm with you, this was an awesome experience. i was there yesterday. it was awesome, until it wend into extra innings. that's when the dodgers ending up tacking on four runs. they beat the orange and black 5-1. the game was tied 1-1. here's some of the highlights going into extras and then everything imploded for the giants. when l.a. scored four runs. they split the seri

trading. joe: we want to talk about a couple of other companies after hours. earnings out from starbucks.sales beat estimates. risehad been expected to 3.6%. gopro, on the other hand, delivering some positive numbers and a positive outlook, however, interestingly, they have turned around there. we have to check that out more. you see the revenue coming in slightly ahead of expertise and. from new york, this is bloomberg. scarlet: "what did you miss" remember when u.s. households worth deleveraging, no longer. come inside for a deep dive to take a look at how consumers are borrowing money for things other than homes. the blue line is mortgage debt as a percentage of gdp over all. it peaked in 2009 and has been on a steady decline since. the white line is what i'm paying tension -- attention to. credit card balances, auto loans, student loans. as you can see, it continues to move up. it has gone up about 20% through last december. the other consumer debt has a percentage of consumer debt is equivalent to 1/5 of gdp. joe: i'm surprised it has not turned around yet. when will people start buy

starbucks. lea: nfl draft in philly. we will tell you who they picked. in hockey playoffs, seattle beat rangers in opener. lauren: happy friday, everybody. it's actually the last trading day of the month and the week, of course. welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. lea: the measure would give republicans and democrats an additional week to work out differences on a longer-long-term government funding bill. >> the reason we need an extension in the first place is because democrats are dragging their feet, even if we get an agreement in 10 minutes, we can't process the pape long and we have a three-day rule. people need to be able to read the bill. inevitable under any scenario or circumstances requires short-term extension. lauren: president trump criticizing democrats in a tweet saying that family prepares family vacation, democrats threaten to close and shut down government, terrible. meanwhile democratic senator is asking republicans to abandon efforts to add provisions on abortion, financial regulation and environment to their legislation. lea: republican leaders short to pass health care bill to repe

trade is intense from the likes of costa coffee, greggs, prep and others. consumers are becoming more cautious, cost conscious and there are other issues. starbucks tax avoidance scandal and the inputs that it uses, things like coffee beans and malts, all of that has got more expensive. a combination of factors, they cannot blame the dramatic slump in products on brexit. what about the banking stocks? we had some healthy stocks fromjp stocks? we had some healthy stocks from jp morgan and the us stocks? we had some healthy stocks fromjp morgan and the us but stocks? we had some healthy stocks from jp morgan and the us but then we had comments from mr trump, how does this fit together? it is very interesting. since trump's collection, banking stocks of saud. the belief is that a trumpet administration would be good for financial firms because of high interest rates but also lighter regulation and lower taxes. now with the us president backpedalling on things like high interest rates, and that it things like high interest rates, and thatitis things like high interest rates, and that it is taking longer for him to push through some of these reforms t

potentially taken out, shares are trading at a record high, on pace for their best day since april of 2015. lots of strength here, the potential suitors could be jb, starbucksthe chart of the hour, something we have not been able to turn into a terminal chart, yet, this really tells the story. starting in the first quarter of 2016 in dark orange here, the overall restaurant fast casual sales area lou, chipotle. then we have an era. -- an era -- panera. it has been outpacing competitors. chipotle, not so much. that is one reason that they could be going after the fast casual strength. starbucks, down ever so slightly, not too much. domino's, actually rallying. ,ook at chipotle, up 1.5% getting a bit of a tailwind. some investors think that they could be a takeover candidate themselves at some point. one of the problems or issues that has been brought up with thera as a target is valuation. hopping back into the bloomberg, .425, this is the panera pe over the year it has absolutely skyrocketed to about 36 times earnings. pretty high, relative to the s&p 500. it will be interesting to see if a deal gets done, even with this very price evaluation, scarlet. of c

trade balance from march. the treasury will auction $20 billion in seven-year notes. finally, today is the busiest day of first-quarter earnings season with 65 companies reporting. we've got alphabet, amazon and starbucks all reporting. emma: president trump one people pulling the u.s. out of nafta immediately. the white house as the president ruled out terminating the free trade agreement after talking with the leaders of mexico and canada. instead, the three countries will renegotiate. provide an early test for president trump -- the taiwanese will submit to the u.s. as an s july, putting 's desire toump increase exports against his plans to work with china. the administration handed out a one-page list of bullet points that authorities say will make it the biggest tax cut in u.s. history. that could determine if a cut in corporate taxes from 35% to 15% would only be temporary. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. david: whether you call it a plan or an outline, we now have some specifics of what president trump wants to do with the tax code. now comes the hard work. negotiating begins. there's nobody in washington who knows more a

trade. >>> watching panera shares on reports it hired companies to explore unique alternatives to put itself up for sale. we asked, and they said potential buyers could be starbucksgs, a private equity group that owns krispy cream and pete's coffee. that makes sense, he said, when there's smoke, there's fire. shares up 8%. >> that's a lot. you two? my favorite story of the day, one story across the wires when the president of egypt, this is what it said, egypt tells trump he has a deep appreciation of his unique personality. >> so rich. >> sounds about right. >> all right. golfer lexi thompson. did you see this? >> i saw it. >> disgrace. penalized four strokes, would have been her first major win. she placed her ball less than an inch from her marker. okay, you police it on the markerment here's the thing. that was saturday. a viewer sent in a clip of the tv saturday night or sunday morning, the officials watched it, and then told her on sunday, oh, by the way, we're adding four strokes to the game. she started crying because she thought -- on the 12th hole, led the thing, a disgrace to golf. as woods said, viewers at home should not be officials. reinstate -- sh

trading today. now, look at panera, they're reportedly exploring a possible sale. they deny they're in talks with anybody specifically, but maybe starbucks, dominoes pizza, names thrown out as possible buyers. that's premarket. i don't think that's right. i think that's wrong. i saw premarket panera, up about 20 bucks. we'll fix that for you. next case, tesla, big pop yesterday. i find it fascinating. look at the level 297. tesla's market value is now greater than the ford motor company and just mind general motors. will you look at that? $48 billion what tesla is worth. ford 45 billion and gm is only 51. that's astonishing murphy. >> most certainly is. when you look at these, you have to realize you don't price a ford or gm or the market doesn't, the same way it does for tesla. amazon was losing money and people said it was overvalued and now they're a behemoth. when you look at tesla, you can't compare it to ford and gm. it's a technology company. it's a different type of stock and priced differently. i know, but-- >> it's still a car company. stuart: it's still a car company and i'm still astonished. what did they sell, 20,000 in the