i think it's a more disciplined approach to the balance sheet. >> tim, thanks tim seymore. ion that tim has invested in a number of cannabis stocks for a full list of his disclosures, head on over to cnbc.com and don't forget to tune into the "closing bels"l' ceo brendan kennedy later this afternoon >> and check, please! is next. e, perfectly good food goes to waste. now, we've got away around that. looks good. we're on target. blockchain on the ibm cloud helps pinpoint a problem anywhere from farm to shelf. it's used by some of the biggest retailers everywhere. a nice wedge. so more food ends up on your table, is that daddy's lettuce? yeah. and less food goes to waste. ♪ ♪ >>> here's a story we didn't quite get to today and that's facebook shares are outperforming the broader markets, announcing today that it's launching a new payment services across its platform you can see the stock there up 2.3% the knockthon effect is we're seeing square as well as paypal shares go down this payment service will be peer-to-peer, so i can pay you >> it's a venmo competitor >> venmo-like.

joining me now is tim seymore. utor and, tim, thank you very much for joining us this morning. you heard kate rogers report you're an owner of mcdonald stock, so an investor, how do you feel today >> look, it's a strange day for mcdonald investors steve easterbrook on some level was considered to be a lightning rod bringing this company forward in terms of getting technical, changing the menu, becoming more of a healthful choice of investors after years of people being very concerned about fast food. steve easterbrook brought a die nam toik the company that's been a flagship part of the mcdonald's story but accentuated an advantage and they have markets that this is still a major iconic brand it's a sad day for the company it's a difficult day for investors, but i think a lot of the news in terms of mcdonald's and the story and the fundamentals and really the bottom up here are very positive i don't think you'll change the continuity in terms of stewardship of the company which has been very important for the last t