which is why the tyco deal is so critical.will turn it into the kind of company that analysts really adore. it's to surprise that the stock hass been on fire since februar. they like the ty cco merger, bu even in the midst of a major transition, they've been able to deliver stellar results. they had management raising their four-year guidance substantially and giving a very bullish outlook for the next quarter. plus mofast forward to a couple weeks ago when johnson controls released its earning report. even though wall street had great expectations the company still managed to impress investors. that's a big rarity for this whole earnings period. they posted a solid bottom line. and they tightened their four-year forecast, raising the row end of the range for earnings a lot more than they trend the high end of the range. that's a new game they play. you have to figure out where the range is and how much the lower end goes up. when you break down results by division, it's very clear that spinning off the automotive seating busi

on the johnson controls - tyco merger. when it's expected to fall into the next 24-48 hours is all about watching a cold front that is moving our way. ahead of that front today, we warm into the mid to upper 80s and dewpoints stay in the upper 60s to near 70. as the front moves through on friday and saturday, well see rain and thunderstorms. behind the front, we cool down into the low 70s through the weekend. today: partly to mostly sunny. slight chance of a pm shower. high: 86 dewpoint: 69 wind: sw/se 5-10 mph tonight: partly cloudy. low: 70 dewpoint: 69 wind: sw = major delays yellow on traffic map = some delays green on traffic map = no delays we're following breaking news this morning... as crews two houses in the sherman park area. this is the third fire in the area this week. we'll continue to bring you the latest updates all morning - our deandra corinthios has a full report coming up in 15 minutes. "let's go off with our step it trackers to see who gets the just days after introducing its step it trackers to the pu

johnson controls and tyco international are closer to merging after shareholders okayed the deal this week. the company will be based in ireland, but johnson controls will still be managed from wisconsin. that's so company can take advantage of a 150-million dollar tax break. the deal is set to be finalized, september second. has the apple bubble finally burst? retail giant target reports sales of apple products in its stores were down by more than 20-percent in the second quarter. they're hoping to revive that number with the release of the new i- phone-seven this fall. we told you, yesterday, about new "fitness tracker" for kids that mcdonald's was adding to its happy meals. well, they are already being recalled, "step it activity band" strapped on like a watch. the pedometer was part of a promotional campaign to get kids moving again. time now for ask the expert.... school is just around the corner, which means it's time to stock up on backpacks, pencils and supplies. instead of the boring back-to-school routine, why not use this as an opportunity to teach kids a lesson in money ma

talk about progress. [ chuckles ] overwhelmingly approve the company's merger with tyco international. the deal is now expected to close on september 2nd. to take advantage of a 150-million-dollar tax break -- the deal will move johnson controls headquarters to ireland. but the company will continue operating at its glendale location. harley davidson will pay 15-million- dollars over clean air violations... company's "screamin' eagle" tuners -- which allow riders to modify emission control systems to increase performance. the tuners were not certified as meeting the government's clean air standards. authorities say harley sold more than 12-thousand motorcycles with the illegal tuners already installed. for more information on this and other stories in the business journal, we have link to their site on ours, fox6now.com. it's time for your news and weather together. former n-f-l star and packers safety darren sharper is years in prison. he was accused of drugging and raping as many as 16 women in four states. sharper plead guilty or no-contest to charges stemming from the allegations

is much to question in their action but andared to enron, tyco, worldcom, these two were pyramid builders. commercial. [laughter] ends the prepared portion of this talk. i did bring along slides that could be of interest. some are in the book. some as you will see did not make the final cut. i will scroll through these. if we have a few minutes, we will do that. have our editor rachel klayman, who is barack obama's editor. she worked me hard and it was worth every bit of it. crown publishers. cambridge, circa 1946. the writer and his grandmother, just to give you some idea of those roots i was talking about. that is my father, who was a truck driver. that is me imitating john travolta. [laughter] les: here are a couple of my uncles leaving the plant. i talk about this in the book. i frame the whole enterprise, being upfront about my association with this material, talking about how easy it might have been to paint this story in a simplistic way. i don't think it is a simple story. it, a penpalk had i talk about. joyce scott from scotland, from edinburgh, not far from where andrew carnegie

overwhelmingly approve the company's merger with tyco international. the deal will move johnson controls headquarters to ireland to take advantage of a 150-million-dollar tax break. the company will however continue operating at its glendale location. the deal should close september 2nd. harley davidson will pay 15-million- dollars for violating federal clean air laws. at issue: the "screamin' eagle" tuners -- which allow riders to modify emission control systems than 12-thousand motorcycles with the illegal tuners already installed. for more business news - go to fox 6 now dot com for a link to the business journal. adlib to wx weather after a partly cloudy day, cloud cover will increase overnight, helping to keep us on the warmer side. lows a chance of scattered storms will work its way through in the overnight hours, continuing through early tomorrow morning. highs friday will hit the upper 80s. this is all ahead of an approaching cold front. the greatest chance of storms will arrive with the front on saturday. we'll be much cooler, with highs back

this is the eye socket, the nose, the mouth, the chin, the neck, and there's the crater tyco, which is her pendant-- there it is! we've got it! >> stephen: there it is. >> we have wilma flintstone. >> stephen: neil degrasse tyson, everybody, you learn something every day. thank you so much. we'll be right back with screaming white people. don't be shy. you're all family. a little bit closer. act like you love each other. alright! [mom] where's your brother? c'mon big guy. [sister] weirdo. all right, here we go. say nuts! nuts! peaches are members of the almond family. hm! put some flavor in your break. make time for snapple. get your active game on at kohl's. this week only at kohl's... the more nike you buy at 25% off... the more kohl's cash you'll earn no limit! use your kohl's cash later on just about anything! plus - yes2you rewards members earn double points on nike purchases! now that's the good stuff. kohl's. ? things went wrong? because for every tornado... there's a twister. for every crash... an even bigger collision. for every robbery... a heart that's been stolen. for every

industrials may be able to do some buying, witness the fabulous merger between johnson controls and tyco. i simply don't see any other larger ones on the horizon given the potential for antitrust action like we would have seen if honeywell continued to pursue united technologies. by the wi' the government might block the dupont dow chemical merger. follow along on actionalertsplus.com. there are complaints by farmers these two large seed producers might make that beloved group of customers pay up for their plantings. that's why i'm skeptical about talk that bubbled up today about potash, merging with agrium. who knows if the regulators will allow it. it sure is needed in the dog eat the sector that needs takeovers to make itself investable again is the energy group with oil languishing in the 40s. we know the government nixed the merger, combination of jacked up prices for all its customers. however, the exploration production companies that are selling stock in order to acquire some of the country's lowest cost acreage, they've become red hot. you can always tell when the market values

tyco all around the role world protecting the outcomes of american presidential elections. but i have to tell you the only result of that is every four countrymake half of the really angry at me. so i hope i won't anger too many of you. i am not going to predict the outcome of this election. you are going to predict the outcome. 13 keys to thet white house? the was 13 keys are the world's only do-it-yourself election system. to have that privilege, because i'm a professor -- you have to answer a pop quiz first. it's a really easy one. how many of you have listened to, read, or watched any of the punditry about this election? you all past the quiz, except you have to take the advice of david hume, the great british philosopher, when he talked about works of superstition. consign it to the flames. it's superstition. it's worthless. it's not based upon a theory of how american presidential elections really work. that's why you have to turn to a scientific system like the keys to the white house, which is actually based on a really simple theory. elections don't turn on debates

and cfo says i'm turning this company around and we have talked about analogies with tyco in the pasts becomes interesting here. >> i have said it before and we have said it for the past several months. i look at valuation here and sort of the outline he has put forth. it could be an absolute to look at the more longer term to median. no yes from look at it from the buy side. >> that said, down 2% and looks like it is pulled downward with some concern about mylan there. let's get to hp earnings. julia? >> hey, kelly. on both top and bottom line, earnings per share adjusted earnings per share coming in at 48 cents. that's 4 cents better than expected. revenues beating estimates coming in at 11.89 billion. nearly all of that revenue bait is thanks to notebook sales and which came in at 4.3 billion versus 3.8 billion estimates. now in terms of outlook, the full year of fiscal 2016 adjusted earnings per share. outlook is top end of that range as being brought down. now between from the previous high end of $1.65. right now it is right in line with estimates because earnings shifted and se

all along attempting to follow the script of tyco where you had the overhang of aggressive acquisitionsccounting questions and a new ceo and tries to find value within the portfolio. >> there's a dozen investigations going on by various authorities and how much worry does that erase for investors? >> those investigations, of course, if they find there was really sham transactions and these pharmacies were set up for a purpose, the anlage goes out the window there. it's been fighting it's way in the 20s for so long and seems like it's attempting to break out of that range. >> these levels are going to take you basically back to may. obviously a long summer. the classic car auctions in pebble beach over the weekend showing signs of a slow down. robert frank breaks it down. >> it's known as the super bowl for classic cars but sales this weekend a little lower than expected and nearly half the cars went unsold. 719 cars sold for a total of 345 million. down from last year's 396. only 56% of the cars that were up for auction actually sold. many could sell in post auction private deals. now s

this is not eton or tyco. >> the other thing is, doesn't this drive home the politicians?them home if they were not back here? >> they seem to be able to do whatever they want and if i were -- look, ireland, are they going to go take an exit off this? no their land has intel, and dell there. they have very good deals with ireland, where they've put a lot of good people to work. we're americans. people just probably feel we're talking our book. >> does it make you second guess maybe intel, or fiezer, or facebook, any of these companies that have such strong operations in ireland, maybe they could be next in the cross hairs? >> i think they will. why would they -- if the eu decides -- the eu can do whatever it wants. the question is, why would you want to put a plant there if you're getting a good deal because it looks like that whatever deal you have now has to go to the eu, and i don't think the eu's going to accept any deal, so if they're going to go retroactive they are for that beautiful intel plant they did in the '90s. it was a great deal, and ireland won and now i gu