ceo of sysco systems john chambers fall out at veterans affairs. reports of employees falsifying records after dozens of veterans died while waiting for help. >>> and the grilling of eric shinseki. >>> lawmakers on capitol hill are planning new sanctions. we'll talk to gary on putin's russia as we look ahead on sunday morning futures. a roller coaster ride this past week for the stock market. but the real story may be bonds. global bond rates sitting at their lowest levels of the year. all of this after limp earnings and slow economic growth in the first quarter. can we pull out of the malaise. john chambers is ceo of sysco systems, which just reported strong quarterly earnings. good to have you on the program. welcome. so you have a very important investor day happening tomorrow. you just reported your quarterly numbers. can you characterize where we are right now in terms of the landscape and the state of business? >> sure. from our perspective, the quarter was a solid quarter. we exceeded expectations by $200 million in revenue, 3 cents per shar

they are doing relatively fine for lowered expectations but what's there to love about sysco?acro economic growth to really make more money and we just heard a whole panel discuss how that's not happening so i just don't see how cisco is going to meaningfully grow their business right now. >> hang on a second. looking two some of the details of this report. eric, what say you? >> well, i -- i tend to agree with ross on the fact that the lowered expectations are a bar that they artificially set. i think the more interesting thing is when they give the call, give a little bit more perspective on what the order growth was, and that's really probably what investors are more interested in at this point, trying to -- >> well, this company has had a hauf time in switching with the new equipment, do either of you think we'll see in items on the flopt or is this better cost cutting on a bit of lowered expectation sghz they have been making progress on some of the areas. they have added -- they have been waiting for the service provider piece to come on. i suspect that that also picked

as for today's earnings, look for numbers before the open from pfiz pfizer, sysco and tyson foods.> then we'll have an active start after the u.s. equities were up for the week but closed lower on friday. scott is the ceo of bull reef brokerage is joining us from the floor of the cme in chicago. scott, good to see you. a good jobs number last week. not much market reaction. why? >> well, one of the traders behind me here, they want to tell you that we are fed up with no decent growth. the jobs number was okay, but if you go back to february 2010, we averaged 172,000 jobs a month, but we have also averaged 175,000 a month of people leaving the workforce. or falling out of the workforce. so we're barely even staying neutral. and we need to see some significant improvement in that area or we are just going to be spinning our wheels here and spending money while doing it. we are pretty frustrated. how long can we have the rates this low and not have any growth? it's kind of getting to us now here. >> yeah, aren't the leading indicators likely to show that we have got growth over the co

government, not by these companies and they would retaliate against these countries, against sysco andhich would not be good. >> is this kind of getting a glimpse of what goes on, or is this an actual important development with china, for example, companies with nal interests, that we shouldn't be too blase about this. >> companies need to be proactive and put protections together against this cyber intrusion. the specificity in the indictment is slightly more than what was in the mandia report several months earlier, that a lot of this was released earlier and the special physicali speci the specificity would indicate continue the conversations with the chinese on a quiet basis. when you deal with the chinese quietly and not publicly you get better resolution but clearly the obama administration is very frustrated with chinese behavior so they decided they needed to go public and this is a core interest of america. >> you're quite right. great to have your perspective. >> my pleasure. >> most adults don't have great financial literacy in this country but take a look at these high scho

sysco earned 38 cents per spare. revenue falling short.winter weather. everyone has got an excuse. tyson food second quarter profit of 60 cents. revenue above consensus. it is satisfied with its results despite many challenges including the weather. everybody is talking about the weather. we have news on target, becky. >> that news from tart that just hit in the last half hour. greg steinhafel is stepping down. his departure comes in the wake of the massive data breach that happened late last year that exposed credit card information for millions of customers. this is coming after target expansion into can tkra fougada with ups and downs, more downs than ups. i spoke with him a few weeks after the data breach. here's what he had to say. >> we are going to get to the bottom of this. we will not rest until we figure out what happened and how it happened. clearly we're accountable and we're responsible. but we're going to come out at the end of this a better company. and we're going the make significant changes. >> target says steinhafel is e

ceo of sysco systems john chambers fall out at veterans affairs.terans

if you've been watching local news and seven sysco lately might have heard about a terrible new diseaseaffecting america's urban youth. many kids in the inner city are suffering from something you would never expect but what it's good is here tonight with a new health and psychological problem that teachers have been seeing a lot when they have been even the centers for disease control says that these kids often live in virtual war zones and doctors at harvard say they actually suffer from a more complex form of p.t.s.d. some college her disease. actually one day only you are calling it one disease now it's once again faced with an opportunity to report and examine a serious topic that's well worthy of coverage corporate media instead chose to turn the issue of inner city mental health and to say she lives to race baiting. bridge to the creation of the term disease comes from new numbers released by the centers for disease control showing that thirty percent of inner city kids suffer from post-traumatic stress disorder but instead of using this recognise medical term it applies to every