tyson food slid. emma chandra is here with more. a victim of tariffs talks? the largest u.s.er without with earnings and the key was the forecast. it slashed the outlook and reduced the etf range by $.70 and blamed the trade war for that. both china and mexico into -- imposed import tariffs on china and port -- chicken and pork. hog prices have plunged and eroded tyson's profitability. take a look at this gtv chart that shows that since march, number of big protein producers in the u.s. have been suffering. .e have got tyson here in terms of tyson going back about what they said about trade, analysts are looking at that. they say while we won't know the magnitude of the impact of these trade tariffs, we can see the direction of the impact. vonnie: the thing about tyson is two thirds of the sale are from chicken and beef, does not -- does that not insulate them a little bit? emma: you would think so. 29% from chicken and just 14% from pork, but they are grappling with an oversupply. prices are the cheapest they have been since 2010. vonnie: 8 years. thanks to emma chandra with

those prices hit their lowest in about nine to ten a years and that's why tyson food saw the need to lower earnings expectations quite a bit they will come out where's their earnings reports by the way next week and the stock got hammered by almost seven and a half percent. a new york thank you. joe klein is working for ryan and have voted to strike as they push for collective labor agreements that europe's largest low cost carrier off to weekend talks failed the cockpit union gave the carrot still the sixth of august to come up with an offer ryanair canceled hundreds of flights last week off to cruise in spain is really should go on and on and went on strike last december german pilots became the first ever to strike a ryanair but disruption was that limited cockpit says ninety six percent of pilots now favor a fresh walkout that will give twenty four hours warning ahead of any action. that set you up to date with the latest from the world of business from all find us on facebook photo us on twitter at d w on the school business right now here's a look at the global walk is i'll be

that is why tyson food saw the need to lower earnings expectations quite a bit.hey will come out with their earnings reports next week. this stock got hammered by almost 7.5%. >> in new york, thank you. this is another brexit related blow for london. this will be handled by a division of the frankfurt stock exchange. clearing houses as middlemen between buyers and sellers of financial instruments. london dominates the business with daily transactions of one trillion euros. the move would cost jobs. over to brent, now. brent: this english soccer club's change in the game when it comes to caring for the environment. forest green rovers has become the first sporting organization to be certified as carbon neutral by the u.n.. they bandmate from being served at the stadium. this is the first the good soccer club. >> home matches on the surface appear just like any other otball gamame, players give their all on the pitch. fans cheer them along. forest green, known as the green army, vastly differs. only vegan food is served because of animal welfare and health reasons.

those prices hit their lowest in about nine to ten years and that's why tyson food is all the need to lower earnings expectations so quite a bit they will come out with their earnings reports by the way next week and the stock got hammered by almost seven and a half percent yes close to a new york. well as another brags that relates a blow for the city although london germany's biggest lender deutsche bank has moved much of its caring activity from the british capital to frankfurt instead it will be handled by eurex a division of the frankfurt stock exchange theory houses work as middlemen between buys and sun as a financial instruments london dominates the business with daily transactions worth about one trillion euros but which a bank says the move won't cost jobs. well as of right now because we're talking about saving the planet and football and on the the beach i don't know what is how green these soccer players are and the english soccer club is changing the game when it comes to caring for the environment forest green rivers has become the first of the world's first sporting or

a rocky year for tyson foods and the trade wars not helping. cast for the year nearly 12% yesterday. as uncertainty of tariffs send chicken and pork prices lower. the company stock is down 26% for the year. also not helping is the business is a huge oversupply of frozen meat. storing a record 2.5 billion pounds of beef, chicken, pork and turkey according to the u.s. department of agriculture. tyson will not get the bump it anticipated from the lower corporate tax rate republicans passed last year. saving 10% less than expected. >>> on september 11th, president trump gets the full bob woodward. the reporter releases "fear." his first book on the traumump administration. mr. trump told woodward that fear is the source of the real power. it is based on notes, including some handwritten by the president. a source tells cnn woodward went back to his shoe-leather reporting of watergate days knocking on doors at night convincing dozens of white house officials and sources to talk to him all on tape. >>> judging by the past of one of the great reporters

. >>> a rocky near for tyson foods and trades wars not helping. red the profits for the year nearly 12% as uncertainty sent chicken and pork prices were lower. the stock is down 26% for the year. also not helping the business is a oversupply of frozen meat. producers are storing 2.5 billion pounds of beef, chicken, pork and turkey. >>> looking like a good day for stocks. this comes after the nasdaq closed more than 1% lower yesterday. marking the first time nasdaq had three consecutive declines of 1% more in nearly three years. falling technology stocks of facebook, amazon, netflix and google and alphabet started in the red after growing slower than expected. >>> another stock suffering this week is the parent company of moviepass. shares plunging 60% monday amid reports that customers were having problems with the app. the stock fell as low as 78 cents a share on monday raising concerns it could be de-listed from the nasdaq. moviepass struggled with customer issues this weekend. some customers had problems checking in and others could not get tick

nd according to our national chicken council and leading chicken producers like tyson's food, they've informed me that in 2014, for example, u.s. chicken exports to mexico, one of our most important markets .lone, totaled $800 million ut during the same period, mr. secretary, brazil, brazil's exports went up from $50 million to $200 million. if we continue to put up these trade barriers in mexico, it is clear as a bell to anybody looking at this that they will take even much more of the market, leaving american chicken farmers and producers out in the cold. let's go to another one. let's take aluminum, for example. in georgia, we have massive users of aluminum. manufacturers. and it's not just georgia but all across the nation. imagine going into a grocery store and just look at how much of our food, our beverages are contained in aluminum cans. can you imagine the impact that that will have? i want to go to another point. our pecans. did you know that half of the can production in georgia is exported to china in which we are in the middle of? and georgia produces 1/3 of all the pecan

tyson foods blaming the trade dispute. ramifications across several sectors we are seeing. it is also in part because of the tit-for-tat quality of this. all of a sudden you find u.s. agriculture in the firing line. bmw finds itself in the crosshairs not simply because it , but a lot of fancy cars also it's the largest american car exporter to china and it finds itself caught up in those interconnections. this is before we even start talking about places where you can find a major merger between the european-american chip producer foiled by refusal of chinese regulators to give the green light. we've seen a shaking of the fundamental assumptions about what the future looks like and where we are headed. the consequences of that in markets we see. we see the prices of autostart gyrating. there is very serious uncertainty in which market active lab to hedge against. see the shaking of the market in terms of auto sectors, we sought gangbusters in terms of u.s. economic growth. when i'm looking at that, we saw the trade uncertainty may be higher than they would be and the crowin

. >> tyson foods, at&t, all ahead in the blitz first though, bill has a look at what's coming up i'm sorry, the pusaner is is >> jim does it >> coming up on "power lunch," the president will be holding a news conference with the prime minister of italy. they'll talk trade, tariff, immigration. that's at 2:00 eastern time. and as you've heard, cbs' board is meeting today to discuss allegations against the ceo. what could be the next move for the mogul and for that company what should dwrou b about the stock and s the economy getting too hot? does the fed need to step in a good old fashioned dedebate coming up. at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. with pg&e in the sierras.95. and i'm an arborist since the onset of the drought, more than 129 million trees have died in california. pg&e prunes and removes over a million trees every year to ensure that hazardous trees can't impact power lines. and since the onset of the drought we've doubled our efforts. i grew up

today there's an example tyson foods, big producer of chicken and pork in this country, exports a lotmeat abroad, cut the outlook, saying combination of change in global trade policies and uncertainty of any resolution created a challenging market environment i think certain industries feel it worse than others harley is not alone, though it has become a poster child. >> exactly it is not the only motorcycle manufacturer either. polaris after harley made its announcement last month said it, too, is probably going to be shifting some production of indian motorcycle brand because of retaliatory tariffs in the eu that fell below the radar versus a lot of attention and criticism and backlash we have seen harley face >> harley is a name that sort of resonates, more americana. >> 115-year-old iconic american company. and they were last year on the lawn of the white house to talk about this very topic, trade, with president trump so i guess all the more reason this interview was so important at this moment in time. we're bringing in former general motors vice chair bob lutz that join joins u

tyson foods, saying they will be facing some day-to-day in certainty.id profits might fall about four to million dollars depending on how much prices rise. so you're right, sometimes the specific numbers and maybe just some potential warnings they are looking at later on this year. vonnie: taylor riggs, a very important stock of the hour for alcoa, a great indicator, a leading indicator for lots of things. caroline, how do we finish? caroline: we finish a bit of a mixed picture than we painted in europe overall as we ended the trading day. the ftse 100 up about -- around about 10%. oil and gas was in the green and many key oil and gas companies trading on the ftse 100, but on the dax, down by 6/10 of a percent. s.a.p. gave its second-quarter announcements, worries about future growth draghi down as the worst performer in germany, even though the second-quarter numbers beat. last week on the s&p 500, right now we are trading lower. king dollar, a problem for future profits and noticeably worried about earnings. amex, phillip morris, and ebay among them.

tyson foods, their stock is down 26% this year.say the demand has fallen for american pork because mexico and china placed large retaliatory tariffs on them. so it's starting to hurt people. was that the intention? >> of course it's not the intention. what the president said all along is he wants zero tariffs and eliminate all trade barriers. the question of the debate is what's the way to get there? these punitive tariffs is a way to help get other countries to reset their trade negotiations all together. something important to watch, alisyn, just this week, mexican represents are coming back to negotiate with robert lighthizer. that would be an important sign of where the president is heading. a lot of folks in congress want to focus on china. they had the greatest intellectual property theft, manipulating currency. let's clean up the trade deals with mexico, canada and the eu and see lighthizer pushing for this month. >> i think people do understand that china has been a bad actor and not playing fair. what were you when you wer

heck of a job turning things around remember, this is the guy who sold the old hillshire brands to tyson foodsor a big premium for coming to conagra. best of all, this deal has the potential to transform conagra from a value stock into a growth stock. while it already has some of the fastest growth in the industry, that industry is still pretty stagnant in the latest quarter, the one nobody cares about because they preannounced it on the same day as the pinnacle deal, the company gave 5.7% revenue growth adding pinnacle to the mix should give them a real boost. i think managers are being conservative ahead of what may be a noisy quarter these guys are a known practitioner of underpromise/overdeliver even as the stock now sells for 15 times next year's estimates, that's pretty cheap for this kind of growth bottom line, the huge pullback in conagra stock last week was a gift the pinnacle foods acquisition is a positive, not a negative. i would be a buyer right here. let's go to kevin in oregon. kevin. >> caller: booyah, jim, i love your show. >> thank you >> caller: you have so much energy, you

. >>> tyson foods cut full-year profit forecast, citing concerns about trade and volatility in commodityutin invites president trump to moscow, joining us now retired admiral robert natter. former u.s. fleet force commander. the big question here, should president trump accept this invitation to meet with vladmir putin in moscow? >> well, charles, president putin did say it was conditioned upon good conditions and i would suggest preparations in both countries for this to take place and if that happens, then by all means they should. but they have got to have preparation. charles: we know that initially president trump had offered to, had invited vladmir putin to come here to d.c. that was turned down. it was then pushed to next year. does it matter? is there something of a victory, high ground, message when the two men get together in washington, d.c. or moscow? >> i don't think there should be any conditions placed on it. as long as they're meeting to discuss substantive issues and substantive agreements on the part of both nations they can meet wherever they want. i think for optics t

dow and the s&p 500 remain on track for their biggest monthly gain since january tyler mentioned tyson foods. the stock down 6%. right now on its warning, more on that ahead. american express is down about 3% on reports that it raised currency prices on business clients without warning. the "wall street journal" says this went on for more than a decade amex denying the claims. hi, bill >> hey, courtney i'm bill you never know who you are going to see on "power lunch" these days with the nasdaq's big tumble today, are we seeing this great rotation out of big tech bob pasani has been sounding that at the new york stock exchange, and it's happening again today. bob. years on that. maybe it's finally starting to change let me show you the sectors today. what are leadership groups today? well, energy, retail, and financial. those are traditionally value sectors. what is the laggard today? tech, that is traditionally a growth sector. just take a look that pattern is continuing, and there's the fang stock we talk about this last week down various degrees, but google only down 2% these are notable d

. >> we see tyson foods or mel, post holdings. they are all off roughly 1%, if not a little more because of what's going on here is this an opportunity is this justified? what would you do with any of these stocks we think, you know, this is a company that is clearly past its peak in margins. if the export situation didn't do it, the cyclical factors of increased production will. we're certainly not a buyer of tyson. i am a buyer of post, and it would be wrong to think of post as a meat company, although they certainly do have some meat exposure their primary exposure would be to the egg business where they're on grain-based contra s contracts. you'll see eggs used in quick service restaurant menus, you know, because of lower prices on eggs >> that's different from what we were hearing from -- how are they different in terms of the eggs and what they said this morning on earnings? very different post sales, its products, which are primarily sold to the quick service restaurant industry on grain based contracts so they're really wo

poultry in the world and according to our national chicken council and leading chicken producers like tysons food, they've informed me that in 2014, for example, u.s. chicken exports to mexico, one of our most important markets alone, totalled $800 million. but during the same period, mr. secretary, brazil, brazil's exports went up from 50 million to 200 million. if we continue to put up these trade barriers in mexico, it is clear as a bell to anybody looking at this that they will take even much more of the market, leaving american chicken for farmers and producers out in the cold. let's go to another one. let's take aluminum, for example. in georgia, we have massive users of aluminum, manufacturers. and it's not just georgia, but all across the nation. imagine going to a grocery store and just look at how much of our food, our beverages, are contained in aluminum cans. can you imagine the impact that that will have? i want to go to another point. our pecans. did you know that half of the pecan production in georgia is exported to china? and which we are in the middle of. and georgia produces on

. >>> tyson foods cutting its full year earnings outlook.e policy and increased tariffs. it now expects earnings of $5.70 per share to $6 per share for the year we should mention, though, it'll be down from the earlier estimate i don't know if you saw this over the weekend, i did not but it's on my list to watch "mission impossible: fallout." it took in $61.5 million in north american ticket sales. "mamma mia here we go again" was second i don't know if that "mission possible" was the highest opening. but at least in recent years >>> harley-davidson rolling out an expanded line of smaller bikes in an international push for growth morgan brennan sat down with the company's ceo and joins us with the highlights again >> harley-davidson unveiling the details of its turnaround plan it involves a new lineup of lighter weight motorcycles for small displacement bike to be sold in india. the company's betting this will jump start -- to create 2 million new u.s. riders and grow international to 50% of sales. i spoke to ceo matt levatich to discuss whe

tyson foods and pilgrim's pride are among those named in the suit.ch as public -- tyson says the lawsuit is unfounded. bankshares in danske calling by the most since 2016. the base lender faces money-laundering allegations. -- let's talk a little about this story. it's been kicking around for a while. so what is new? the ceo has already apologized. >> it has been kicked around for a while. , one of the biggest newspapers here had a story that a $.3ount of money was -- billion. more than twice what was originally thought to be announced. it has triggered a huge reaction. politicians announced falling over themselves reacting to say they want to do something. saying what we have done so far is not enough. guy: what kinds of repercussions could it be. branch: the problem is a estonia where money-laundering is alleged to have taken place. the issue is the authorities in denmark say there are limits to how far they can take case. the other issue is there is a statute of limitations. happening during a time when eu regulations on money-laundering left seve