about the incredible saga of unilever.he stock rallied 30% year-to-date. this is not a small cap stock. a $160 billion we home meth. they make lipton tea and dove soap, helmand's mayonnaise, got a takeover bid from kraft hines that sent the stock soaring a and they rejected the offer. good. normally when that happens it goes down but the same stock goes higher still. that's actually what unilever did and brought out more value than its potential takeover could ever hope. how did they do it. to create the acceleration for value of its shareholders. early last month they came wake up a plan focusing on core brands for new distribution charges like amazon and large dividend boost and hefty buyback. the story got better. turns out this company is doing much better than we thought. no wonder they didn't want to accept kraft hines offer. it's been a juggernaut. it is my delight to invite to our set, paul pullman to my set the committee of unilever to find occupant what's happening next. good to see you, sir. >> thanks for having

unilever was among the first. itjust the growing market. unilever was among the first.deal with a local rival, europe and asia commercial company. what are the challenges of doing business there? i asked the regional president about the tie up. it isa regional president about the tie up. it is a great company. we have been talking to them for a while. the country offers great potential. macro economics are good. 55 million people. a growing middle—class which is supposed to double by 2020. the economics are very good. we are excited. by combining the two companies, you are also, your manufacturing capacity will be better. would you consider exporting to the rest of the region for a myanmar? they have two facilities and we have one. we will produce locally for the time being. everything will be imported into myanmar today. but over time we see potential for exporting. myanmar today. but over time we see potential for exportinglj myanmar today. but over time we see potential for exporting. i guess myanmar continues to make news headlines with human rights abuse, political

unilever's got the center of the store beaten.he reasons why they have such great organic growth. >> you're really a believer in unilever store. >> i'm also a dollar shave guy. >> polman has been working on for me a long time. up ever since salesforce came in and he attributes a lot of the gains with what the customer wants to marc benioff. >> really? from unilever to crm? >> polman said you ever heard of benioff? i said benioff, "game of thrones?" no, marc benioff. >> he didn't know that you and marc benioff -- >> no, a joke. at your expense because marc doesn't talk about you. i was hanging out with neil young and seinfeld -- >> he wouldn't even look at me. >> he looked through you as a matter of fact. right through you. >> all right. so unilever is the way to go. >> he likes you. >> the center of the store. food is not particularly good here in the u.s. it would appear to me based on campbell's numbers. >> but letting people he's going fresh, that fresh is the answer. now, yes i know that steaks can be packed in ice. you think

dupont, general mills, google, intel, microsoft, national grid, novartis, pg&e, shell, unit lever -- unilever and wal-mart. as michael bloomberg put it, washington won't determine the fate of our ability to meet our paris commitment. mr. president, i ask unanimous consent to enter both of these letters into the record. the presiding officer: without objection. mr. whitehouse: these companies know that climate change could disrupt their supply chains, make water or commodities more costly or royal their international markets so they are moving ahead whether the president and congressional republicans are with them or not. mars, the maker of m&m's and snicker bars has pledged to eliminate greenhouse gas emissions from its facilities by 2040. when asked by "the new york times" if president trump's threats to leave the paris accord would affect mars' plans, global sustainability director kevin rebenovich replied this doesn't change our commitments. we're doing this because we see a real business risk. walmart which already has set a goal of deriving half its energy from renewable sources by 2025

unilever has the center of the store and they're kicking it.o me without a deal, this thing is a wasting asset. look at those brands. >> well, they may find one. they're considered to be excellent operators as we know, jim. >> excellent operators but the dogs won't eat it. i mean, that stuff that they sell to the millennials. this is the pantry. >> i'm having trouble with my dog eating too. maybe we can talk off line about that. >> my dog, last night -- they were ravenous. i try to give them the ligaments. try the ligaments. >> yeah. ligaments. >> stick with dog food. >> no. no. that's natural organic, chief, come on. anyway, i look at kraft heinz. i look at this pastiche of the brands and i say, they need to buy someone yesterday. or that stock is going to be at 80. >> is unilever ever going to buy anybody? >> the kensington acquisition and paul polman what he did with this dollar shave club, when he decided to take on gillette, i think he's eviscerating them. you know, he says, listen, when you go to buy gillette, you have to go and find some

after all, when kraft heinz went after unilever, not only did the ceo of unilever object, so did b buffett. its quarter should have sent the stock down a minimum of 2 to 3 if not 4 to 5 pointses. and i think that's where it's headed unless they can pull a takeover rabbit out of the hat. but who would want to sell to them. we had big movement for anheu r anheuser-bus anheuser-busch. corona is an instant readthrough for constellation brands, because it has the american rights to corona and mow dello. let's not forget the highest growth companies have stocks that tend to run when the economy slows. so faang is a little controversial, because last night cold water was thrown on the bulls by none other than facebook itself, i still think it's a remarkable business. i told you that would happen. it's suffering the same hangover we got the last few times. we all know the apple story by now and amazon is taking a breather. but netflix and alphabet, on their usual roll. here's the bottom line. the rotation today was predictable as it gets. when oil gets slammed, the algorithms take over, the cyclic

>> i would have normally said yes, but after silting down with paul pullman yesterday from unilever, i can't. i have to say that you know any lever you need, not proctor. let's go to joe in washington. joe? >> caller: boo-yah from seattle, cramer. >> what's going on? >> caller: thanks for taking my call and thanks for all the great advise you give us home gamers. i currently hold a position in credit suisse, do you reck mechmend that i take the cash or the stock. i like credit suisse, i even like deutsch bank. but it's all about the numbers. for now, at least, until washington is focused and is the focus again. on "mad money" tonight, after a tough go of it in 2016, pablo software has run up more than 40% this year, can they continue to paint a pretty picture in then the fabulous mark cuban just said facebook, amazon, netflix and google, a group that makes up more than $2 trillion of market cap adds value. i'm investigating. >>> and electricity and water generally aren't considered a good combination. i sit down with the ceo of the industrial plan pentair to see what could happen. [v

apple stock is much, much cheaper than unilever or colgate or clorox, which is surprising. it's a little less expensive than proctor and gamble, because the iphone is a lot like one of proctor & gamble's primary wages. but the real money gets made when they sell you the blades. the only difference is that while gillette claims innovation, apple actually delivers amazing innovation with each new iphone. i'm thinking iin ining iphone8 have already considered the 7 plus to be a lap top alternative, thanks to its gigantic display. comparing a razor to an iphone, but the business model has always been one that's hard to find. these cloud computing companies simply don't need any help from washington, for the most part they're low taxpayers who use nearly every penny they make to grow their businesses. that's what makes the 3-year-old thoroughbred an apt analogy. remember when trump was elected and i thought he would be good for business. but trump's been making a powerful case for innovation overseas. boeing who donald trump just picked on until the respective ceos caved. you ma

we saw similar thing happen last month when unilever lot sir kensington's mayonnaise.t is often shipped with lou apron orders. it sold for $140 million. let's try to bring the fund in-house if they are developing these products and maybe the next big thing can become one of their products. sir kensington is really good. that's not in this deal. type hipster he -- hipster brands a really good. vonnie: you are such hipster. alex: look at me. look at the beard. vonnie: we are waiting for the turkey -- present of turkey and the president of the united states. so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. that's how you outmaneuver. so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they' undergoing a transformation

competitor unilever acquired dollar shave club for $1 billion last year. i'm a mach 3 guy. guy. he says he's a fusion guy with the battery inside the razor. so -- >> brian says no battery with water. >> somebody tweeted me with that. maybe it's his alias. he shaves once a month so how much razor burn can there be? love you, wilf. love the hair. >> much of the morning we have seen some pressure on the futures at least for the dow and the s&p. right now, s&p down by one. dow down by 38. nasdaq up by one. brian, thank you very much for being with us today. folks join us tomorrow. right now, it's time for "squawk on the street." ♪ ♪ >>> good wednesday morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. the question of the morning for stocks -- does jim comey's firing throw a wrench into the market's policy expectations as investors brace for weeks, maybe months of fallout on capitol hill. futures are lower. europe is mixed this morning. bonds did settle back a bit. and oil is up on the inventory draw and

remember the morning that kraft heinz made the move on unilever, i talked about colgate.that day. never looked back on the prospect that at some point it could be a consolidation candidate for the likes of a kraft heinz or unilever. although that seems unclear. you had polman on recently. even a j&j. you know what? let's give it a little rest. >> look, you know, unfortunately, people will be confused because the slowdown thesis is making feel like i should be in a colgate. i don't want to be -- the people who take the first bite. i said buy home depot if you want to take the first bite and think this market is done going down for the day. you have the wind at your back. what a great conference call that home depot call was. it was beautiful. i had to see it twice just to get thely brett toe. but those who want to pounce pounce pounce pounce. you have to pounce on something you had good news. because you have so much hot money. some in stocks. wow. salesforce reports tomorrow. is that -- you want to go in after they tell you how they did. >> let's get to bob pisani, disney

they said related to the unilever transaction, we believe in the m&a framework. go back in terms of consumer terms, brands with small market share, similar operation, so they think at the end of the day, they're very similar and that's why you see so many companies operating brands from consumers. sometimes food. sometimes personal care. sometimes health care. they're leaving the door open to different possibilities because they need to. >> i think they have to. they have to go to someone who's giving up. they have to have someone who says i can't take the walmart/amazon pressure. i don't know who that is. the ceos who are left, they sure don't want to go to this meat cleaver. >> opening bell, guys. s&p on the bottom of your screen. at the big board it's antero midstream, celebrating the ipo today. over at the nasdaq, umpqua holdings, oregon based community bank. jim, big part of your conversation with tim cook of course involved the iphone and we continue to see the antagonistic back and forth between them and qualcomm. amid reports that qualcomm will ask u.s. t

you have on the right, unilever.nother big trend going on in industry is companies begin to see the imperative creating a more sustainable and equitable world. there is lots of really exciting ew growth trends and sustainability is another side of technology that people don't often talk about. this is a huge opportunity. matt: but more and more. andrew, it has been a pleasure having a conversation with you today. thank you so much. andrew perry head of equities at hermes asset management. he is joining us on bloomberg day break. you can catch that on your iphone with the bloomberg radio plus app or bloomberg radio.com or the bloomberg, type tv go or radio go to get that program. up next, brazil's president pushes investment amid chaos in his country. will it work? this is bloomberg. ♪ matt: welcome back to the european market open. i'm matt miller here in london for the week. we want to get to our top stock stories now. just about 41 minutes into the session. we go to nejra cehic. nejra: starting with eriksson ining

unilever, you that in mind -- bear that in mind. ♪ jeff: 7:59 in london. minute ago until cash opens in europe. looks like a positive start for european equities. london looks like it will outperform. looks like we will be opening up .6 in london. cac 40ch-year-old -- the and dax up. keep an eye on what is happening with the mining stocks. you have seen a big move lower in iron or and some of the other metals overnight. bear that in mind. we did see some big names coming softer yesterday. 2% for some of those names. that.y see more on we will see exactly what happens. the aussie dollar through .74 this morning. get the smarter analysis. stewart wallace walking towards this duty you're right now. let us talk about the markets and this open. we think it will be a positive story. here we go. this is the picture we are watching at the moment. there goes london. nice, solid start for the london market. 72 point 60 is where we are trading. we are expecting the german markets to open up reasonably strongly. we are expecting a little bit more on the london market.

it reminds me of the bids for unilever. a quick look at the markets.weather now. good afternoon. the dry spell looks like it will continue for a few more days yet but there is some rain in the forecast, particularly as we head to the end of this week. at the moment it is dry birchley everywhere. we take a look at the satellite sequence, it shows this area of low pressure out the atlantic. that is what will change the script late thursday to friday. the moment a real the script late thursday to friday. the momenta real west— the script late thursday to friday. the moment a real west— east split across the uk with some pretty great conditions across the east. the odd spot of light rain and drizzle to go with that but further west a com pletely with that but further west a completely different story with plenty of sunshine, light winds and higher temperatures as well. if you are stuck underneath that cloud on the coast, temperatures may not even get the double figures, whereas further west, 19 or 20 degrees in a few places first up we will keep some of th

unilever is recovering momentum after the government's ban on high denomination rupees caused a cash systems plunging after a disappointing fourth-quarter sales. challenges facing its hardware business as the industry shifts towards cheaper-based products. sales declined 6% from a year ago, indicating revenue of $11.9 billion, far short of the estimated $12.5 billion. yvonne: struggling commodity trader noble asked lenders to replace a credit facility with a new $2 billion loan after an unexpected loss. usj is said to be arranging the new facility. the singapore listed company is pointsg 185 to 195 basis above libor. how are the markets in the asia-pacific going to react to the stock plunge in the u.s.? there is the evidence. in the early going, first 30 minutes of trade for the nikkei. you can see red across the board, nikkei down 200 32 points. -- 232 points. down.d asx down 0.5%. all of this coming from news of robert mueller overseeing this rusher investigation -- russia investigation. yvonne: it was quite a feat, even though we have seen a negative deflator. it is not enough to

. >>> ceo unilever, pullman weighed in on warren buffet saying it was not a hostile offer., investing and my returns have been higher in the last eight years tharn warren's returns, so i think it's better if he leaves us with what we know how to do well. >> whoa, my returns have been higher than warren's. >> pretty bold comment. obviously, he has deflected that bid, of course, we can say, we deserve to be independent. >> one thing to deflect it. it's another to say -- >> personalized and kraft warren, disingenuous as well. >> you can catch the full report on "mad money" at 6:00 p.m. eastern. "fast money" begins right now. ♪ >>> live in the strip in beautiful las vegas, nevada, the encore hotel, a special fast.starts right now! and -- "fast money" starts right now! we are moments awhat from a rare and exclusive interview with ceo steve wynn, mark cuban will be here with the legend, himself, wayne newton and perhaps it's a surprise or two. trust me. you don't want to miss a second of this show. welcome to it. i'm mellissa lee. we are at the

your numbers but unilever went aboard with a brand i was involved in. they're taking an entrepreneurial brand to the next level. >> just like with my ties, you wait around, pretty soon protein is going to be found to kill you and carbs are what you need and you can start all over again. >> i don't think next week everyone's going to say, let's bring sugar back. >> really? remember salt, how bad that supposedly was, red meat? who knows. good for you. is that in or out? >> the tie? >> my stomach? >> in. definitely in. make sure you join us tomorrow. appreciate it. thank you, melissa. "squawk on the street" is next. >>> good tuesday morning, i'm carl king and jim cramer. state police is coming up. the first close above 2400 looking to add to it today. busy morning with retail mornings, 13 s filings. reports that the president disclosed classified information. europe is mixed. u.k. inflation the highest since 2013. back home housing starts down unexpectedly for the second straight month. the ten year around 234. home depot taking the street and gaining grou

waiting for that from unilever. >> what's going on with the activists insurgents.n up arconic and then they go after klaus kleinfeld and he's gone. you clean up month delease and then loeb comes after them. why don't they give these people a chance? >> i'm not sure it has -- you know it's funny. certain situations are focused on the ceo. honeywell was not from loeb. we'll see how that advances as the advisers look at a spin of the aerospace division but that wasn't necessarily about we love the last guy, we're not sure about the new guy. you know, each situation is different. i guess the surprising thing to the certain extent that activism is with us in a robust way. it makes it into the headlines but so much is going on behind the scenes. i can't tell you how often i'll take to a banker or a lawyer or an executive who says, yeah, we have been spending a lot of time on, you guessed it, activism. really. but they do. it's a part of the world we live in. >> well, it is maizes to see -- amazing to see what happened with panera. panera, people were in there pushing and

the biggest adopter of clorox, unilever is a great adopter of this. they know. companies, they're not buying shares of google. >> we'll get to "stop trading" with jim in a moment. it'll get better. i'm at the edward jones office, like sue suggested. thanks for doing this, dad. so i thought it might be time to talk about a financial strategy. you mean pay him back? knowing your future is about more than just you. so let's start talking about your long-term goals. multiplied by 14,000 financial advisors, it's a big deal. and it's how edward jones makes sense of investing. i count on my dell small for tech advice. with one phone call, i get products that suit my needs and i get back to business. ♪ ♪ the power of a low volatility investing approach. the power of smart beta. power your client's portfolio with powershares. before investing, consider the fund's investment objectives, risks, charges and expenses. call 800-983-0903 for the prospectus containing this information. read it carefully. distributed by invesco distributors inc. containing this information. read

first report card since they pulled that $143 billion acquisition bid for unilever.cake factory. also missing on the top and the bottom line. this is first miss for cheesecake factory in eight report cards. comps, same store sales less than expect. back to you. >> wow. even cheesecake suffering this sort of restaurant recession, whatever we want to call it. interesting. down 4.5%, theirs after hours. facebook reporting first quarter earnings. let's check in on how the stock is trading after hours. it is barely higher right now. it was weaker at first. let's bring in fan seen line, kevin landis and james chutnuck with us. let's begin with you, james, because you are more cautious. maybe more cautious is about the best we can do here. why when it comes to facebook? >> i mean look, the quarter was good, they're growing and you can't ignore it if you are an advertiser, but you have to think about a couple of things. first of the matter is where are the incremental drivers going to come from? we already know it is priced in that ad is going to slow. but we're seeing nothi

you know, you had a little flirtation with unilever with the 3g so don't watch warren. 3-d. thank you very much >> thank you very much. andrew we'll send it back to you. >> thank you, becky. say hello to mario. i'll be out there in a little bit to see you guys shortly. in the meantime -- >> just got back. >> having some flight problems becky. we'll talk about that later. separately the house passing a measure to repeal and replace parts of obamacare. the latest out of washington we'll do it next. and later the ceo of specialty chemicals company -- >> you were doing so good. >> you know that company. >> i do but it hurts me is going to join becky in just a little bit followed by susan decker. stay tuned you're watching "squawk box" right here on cnbc. i like russo. his on/off splits are the best here. yeah, but his offensive win shares didn't even break 4. come on, check out that stop-and-pop! what do you think? my trade-off analytics indicate no one creates more space on offense. this allows him to nail a jumper from a densely populated urban area. what you're trying to

. >> you don't hit the numbers if your numbers but unilever went aboard with a brand i was involved in. >> just like with my ties, you wait around, pretty soon protein is going to be found to kill you and carbs are what you need and you can start all over again. >> i don't think next week everyone's going to say, let's bring sugar back. >> really? remember salt, how bad that supposedly was, red meat? who knows. good for you. is that in or out? >> the tie? >> my stomach? >> in. definitely in. make sure you join us tomorrow. appreciate it. thank you, melissa. "squawk on the street" is next.

incorporated, microsoft, morgan stanley, national grid, pge corporation, sales force, snyder electric, unilever. this isn't the president challenging companies in our country to respond to the challenge. these are the companies in america challenging the president to respond to the challenge. it's the kennedy era on its he head. it's like j.f.k. in reverse. he's sayin saying we can't do in the private sector is saying we can. and ultimately, this challenge to our competitiveness globally is something that ultimately donald trump is going to forfeit for our workers, this opportunity to create jobs and markets and growth, it's going to be something that we lose. we need a president who is going to stand up for this stable, practical framework which is giving an incentive to the private sector to solve this problem. we will be creating jobs while saving all of creation. that is what the winning formula is going to be. and so, ladies and gentlemen, this paris agreement is going to lead to increased competitiveness and jobs and economic growth, and by remaining a party to the paris agreement rather