as far as the weekend forecast goes, beneficial rains from kansas city, topeka, oklahoma city. as far as florida goes, it really doesn't look like the impact from the heavy rain will move in until we go throughout the day on sunday. especially in south florida. >>> if you're watching us on waff 48 in huntsville, alabama, near florence, from blueprint to building at the children's museum of shoals. >> building a house at a children's museum? >> why not. start young. >> exactly. early architecture. got it. all right. >>> here now is an early look at this morning's headlines in entertainment news. as the summer box office season winds down, several new releases will be no match for last weekends chance at the "expendables 2." premium rush starring gordon levity, it's received deep reviews and expected to open with around $9 million. >>> the comedy "hit and run" has received poor word of mouth reviews from most who have seen it. it's expected to debut at about $8 million. the wild card this weekend could be the anti-barack obama documentary, "2016." it's expected to rake in about $

we had an analyst from topeka. >> it's called from topeka because the founder is from topeka, kansas.in new york. >> how many more people at this point that would be able to sell are in a position where they're saying wow, i'm down 44%, i thought i was rich, i still am, i need to monetize what i have. is that still going to be a concern or is the selling starting to dry out? are we getting to a point where the stock is nearing what it's actually worth? >> well, i think there will continue to be sell impression on the stock because of significant lockups remaining. there's a big lockup come november so i think it will continue over the next few months. >> what was it that attracted soros or steve kohn? was it getting to a point where you have some numbers that you can do a model on and it shows that the inherent value of the stock is starting to be reflected in its price? >> i think right now the stock is trading 12 times 2013 ebitda, so it's an attractive multiple. >> is it? >> yes it is relative to the growth rate. >> if it keeps growing. >> i think it both continues to grow. i have

thunderstorm complex that was in nebraska, now going through northern kansas right over the top of topekaas. this is heading for kansas city. it's weakening but we'll take whatever we can get. we may get as much as a half inch of rain. that's at least a little help. as far as the tropics go, if this does get a name and strengthen, it will beer necessa be ernesto. it could possibly head into the gulf of mexico. so for the u.s., it looks like the middle of next week is the danger time. we'll watch that storm for you closely, jonathan. so a lot going on. drought and we're going to start tracking the tropics here. >> great, thanks, bill. >>> to sports now. as we turn our attention to the olympics in london. it was a busy night for the americans in the pool, but no one had a more thrilling finish than nathan adrienne in the 100 meter freestyle finals. >> in lane four, adrienne trying to get to the wall first. down in lane seven, brett hayden. too close to call. adrian with a gold for the u.s.! >> nathan adrian outtouched world record holder james "the missile" magnuson of australia by the slim

in topeka areas, there is a role for them. they can be of use and can be overused. all of us who are facing now the budget crunch are looking very closely at the use of contractors and making certain that you use them when you really need them as opposed to it being the easier way to go. >> you mentioned earlier the relationship between the fbi and congress, a very important relationship. i wanted to ask you about the relationship between the justice department and the white house, but in very general terms, so let me preface by saying that there has been attention to some of the drama surrounding conflict between the former deputy attorney general and other senior justice department officials in the bush white house, involving an nsa program from the previous administration. i would note that the fbi is in a very interesting position in our government. it is undoubtedly an executive agency in article two of the constitution. on the other hand, it is designed to be somewhat insulated from day-to-day interference from people engaged in the political affairs of the na

it will stop in topeka, kansas. firefighters and police officers have signed the truck as a show of support. the torque will cover 75 cities before ending in october and rolled into the bay area in late september with a visit to vacaville on the 23rd and fairfield on the 24. >>marty: there is a new way to get news and weather, since here is james fletcher with details on our brand new news and weather channel. >> our the 2470 area news channel is all about convenience here is it is a place we can check in any time to get up-to-the-minute weather and news information. let me walkie to how works. in the lower left you will see 8 title. we cycled through various cities giving you the current temperature and next to that, the 70 forecast. of course they're always on the screen costs cut red below the 70 forecast we have a news crawl the gives you the latest updates direct from kron4 news room. anytime you want, check in to get a quick update on the weather and news. what if you are not near a television set? you can alw

it's been a year and a half since our next guest said "topeka kansas you're on with naomi judd."ieres tomorrow on hulu. please say hello to larry king. [ cheers and applause ] >> jimmy: great to see you. >> wow. good to be back, jimmy. >> jimmy: you have a big announcement you to make tonight. you have the new show, although, i just made it -- >> you said -- it's actually tuesday now, isn't it? because you start at midnight. >> jimmy: technically, it is tuesday. >> not technically, it is tuesday. >> jimmy: it is tuesday, yeah. >> so, tonight, tuesday, is the premiere of "larry king now" on hulu, through our own network called ora tv. >> jimmy: whose network is this? >> well, carlos slim and i. >> jimmy: who is the richest man in the world. >> yes. >> jimmy: and how do you know the richest man in the world? >> well, i'm the poorest. >> jimmy: yeah right. >> he gives a scholarship every year to many students in mexico city and he asked me to come and speak, which i did. and then he came and did my show on cnn. and we were talking about ideas as to what i might do after i left. and

don't schedule a convention at the heart of hurricane season anywhere along the gulf coast. 2016, topekagood, you know what i mean? >> going to run into tornados. >> always something. lessens the chance a little bit. good luck to the folks. >>> the big story developing since late last night. pro cyclist, lance armstrong stripped of his seven tour titles. after he gave up his fight in a major doping scandal. the crackdown does not end there. don't think anyone saw that move coming. throwing in the towel saying this is nonsense. i am not going to fight it. it could cost him everything. >> everything, and the u.s. anti-doping agency says they will ban him from cycling. interesting to see what some other institutions like international cycling family has to say about this as well. see if everybody is in accord. definitely some, some -- interesting turns in that case. >> yeah. a seeming fall from grace. >>> a rare look inside a mormon temple at the faithful's focus on marriage and family. and even heaven. and you -- took something interesting out of that piece as well? >> yeah, one of the mor

topeka? it's crazy. c-span: have you ever spent much time out of new york city? >> guest: yes, i spent six, seven months in ireland. i'm amazed at something like that. the fellow obviously doesn't know. you're not going to have a country without new york city. they think they can get along without it, but i don't think they really understand you cannot get along without vitality, without culture. it's the center of all these things. it's the center of all these ideas. c-span: you said earlier that you can't go a day without writing about and thinking about race in new york city. >> guest: well, it hits you in the face in new york city. it's all there is. c-span: ok. is the problem -- and i don't know whether you call it a problem or not -- but will the problem be solved? >> guest: it's a very new problem, and we've got a long way to go with it. c-span: why is it new? >> guest: well, it didn't start until -- when did it start in new york city? i told you a movie was made in 1950 that only had two blacks in it -- shoeshine people -- and now we're in 1991 and we're

we're watching showers and thunderstorms from topeka to kansas city, the heart of drought area. this is where we desperately need it. today we continue to get the heat and drought wave conditions from oklahoma city to dallas. easily near 110 degrees today. yesterday, oklahoma city was 112. that was the second hottest day you've ever recorded going back about 120 years. forecast for the northeast today, we're looking just fine. the thunderstorms may clip new england area, near boston. the rest of the region is staying very hot and the southeast also remains very, very warm. just missed that one, barnicle. we had watching again tropical depression number 5. that ill with be the big story as we go throughout the week. you're watching "morning joe," we're brewed by starbucks. why should our wallets tell us what our favorite color is? every room deserves to look great. and every footstep should tell us we made the right decision. so when we can feel our way through the newest, softest, and most colorful options... ...across every possible price range... ...our budgets won't be pickin

of people forget that one of my first jobs in television was i was trial a camera guy at ktsp in topekaight. so this is behind the scenes. there is my light guy. nine good light. thank you very much. i'm taking over. you want to hold that? meanwhile, there is the tampa bay history center. that's where we're housed. right there in the foreground, that is the tent where we were supposed to be this morning, but due to, as you can see, isaac causing all sorts of problems, we're not able to do that. and we were talking about security. that is quite a hair trigger zoom on that. there is some of the security. they don't have a perimeter immediately around it. they have a got of water instead. where is that zoo thing? there we go. live. gretch, brian? i'm done running the camera. >> gretchen: oh, my gosh! i need my motion control band on. >> brian: i need dramaine. >> steve: the zoom he has it set on is really significant. holy cow. >> brian: maybe we should have lettered this. that was fantastic. you had the coast guard talking about security, fantastic. >> gretchen: rehearsal. >> brian: good

right now it looks like they're situated between topeka and kansas city.ms extends through the great lakes. also action in the ozarks, through the lower mississippi valley. we've also had some rain showers overnight in portions of western florida. let's find out what the temperatures are as you head out the door on this wednesday. another hot one today. already getting hot in the central plains, almost 80 in kansas city. past that in dallas. here in the northeast, 60s and 70s. 70s and 80s down south. some 60s in southern california. here is the bad news. hot and dry and no relief for the drought in the central plains. 99 in kansas city today. 103 in old el paso. 103 in san antonio as well. look at that. dallas, 110. in memphis, tennessee, home of the king, 97. it is going to be a hot one. >> ali: meanwhile, let's go over to brian and his special guest in sports. >> brian: "fox & friends" will have you helping with the final hour, fresh back from london. we have so much to discuss. >> let's start with missy franklin. >> brian: you're talking sports? >> isn'

. >> the thing, i'm not getting judgmental, but do that at a holiday inn in topeka.he sea of galilee now, like i said before, this is -- this sends a message, such a message to evangelicals, who are the back bone of the party in a lot of areas, that some of your youngest, most conservative types, just don't believe what they say they believe. >> they are complete hypocrites. not larry craig, a little different thing, but don't practice what they preach. >> don't take the job seriously. >> that is the bigger issue. more reality aside, even if your agnostic, you probably don't want your congressman or senator taking off their clothes at a fact finding mission at a holy site. it has nothing -- i mean, you know, we'll let preachers judge the guy. that's a question of judgment. >> i'm going to say my congresswoman nancy pelosi would never have. >> let's hope not. >> i can say that with firm conviction. >> yep. >> all right. let's talk about white people. >> tell us about the book. what's wrong with white people? >> that's the title. >> how is it going? >> it's going prett

joining us from the new york stock exchange is brian white an analyst for topeka capital markets.ded to it earlier, long history of watching cisco and in the last what is it, would you say, brian, the 24 months that sort of uninterrupted spurt of better than expected news ended for some reason and chambers became down beat. have we now hit an inflection point? >> if you look what's happened over the last 24 months, cisco came out of the downturn gang busters. they were blowing through numbers as recovery in the switch sean router market and then they got hit with public spending started to slow. cisco does about 20% business in public spending. they were very early to sound the siren on that. i think what you saw last night is just steadier trends. i certainly wouldn't say we're off to the races. inline outlook. europe will get worse. they did see some stabilization in the u.s. enterprise market so that was encouraging. >> $92 billion company. one of the first companies ever to be a $600 billion company. so i remember it in terms of stock price at $80 after it split a bunch of tim

. >> i want to bring in brian white of topeka capital. he joins us now.ating on the stock with a 17.75 price target. brian, how do you assess where the turnaround story is now that we have the full picture on the quarter from dell and hewlett-packard. i'm thinking about some of the highest margin, higher growth businesses, servers, storage networking. dell saw increases, hewlett-packard saw declines. how do you assess the two? >> i think hp is looking at competition from several fronts. one number, they've been appled in the post-pc era, they're struggling. they're seeing asian competition. number two, they've got competitors that are aggressively expanding servers, storage and software liens and number three, they have a cost structure across the board that's not sustainable. meg whitman said it herself, this company is in the early stages of a turnaround. it will take a long time. >> so brian, to shaw's point does a 7 multiple seem deserved? i don't know, in the short-to-medium term? >> you look at apple trades sat 10 times ex cash. cisco is trading at

mark in topeka says the greatest risk being prevented from building a coalition with more moderate republicansscal conservatism and social moderation could be a winning combination but fiscal conservatism.combined with social concertivism results in an obama. >> the worst thing that could happen is have some speaker go off on some social issues rant making the party look way religious crazy. i honestly don't know why these twos have speaking roles for a cautious candidate like romney, it seems like that's a huge risk. tom in texas writes someone saying something that makes sense to reasonable people, not the draconian right wing. robert in florida, biggest risk? a liberally biased media. brian in chicago, accidentally revealing their true positions. you want to read more, go to the blog, cnn.com/cafferty file or through our post on the situation room's facebook page. wolf in. >> jack, thanks very, very much. >>> and happening now, a troubling new forecast for isaac. it's gaining strength and expected to slam into the gulf coast seven years to the day after katrina. and while the storm bypassed