. >>> a trio of blue chip earnings from verizon, travelers and united technologies, all three reported better than expected earnings per share and that helped send their shares higher with united technologies the top performer on the dow index today. verizon says its wireless business, the country's biggest anise fios internet and tv business are both health ewe. but it's betting on mobile video tracking their 100 million wireless customers to see what aps they're using. valuable information for tisers. verizon earned $1.04 per share in the third quarter beating estimates by two cents. revenues beat estimates up 5% year over year. travelers, the insurance giant says revenues were better than expected, too. a quiet hurricane season has kept claims down, but the lack of claims is also helping to keep premiums down. and investment income fell overall third quarter earnings beat expectations by 66 cents. for most companies though, third quarter revenues have been a sore spot and that was the case at united technologies. it makes pratt and whitney jet engines, otis elevators and carrier air

part of the reason why after today's revenue shortfall, united technologies on that horrible buydown soared. some people say it wasn't much of a die down at all. the stock was also helped by a newly announced $12 billion buy back. as greg hayes could buy back stock, because he thinks the stock's cheap itself. i'm tempted to agree with minimum. these are breathtaking moves. unlike these other companies, ppg reported an in-line number. what do these companies have in common? why can't they snap back. how about a belief that china can't get much worse. how about something that says europe's getting much better. maybe the fed is on hold, whatever, it's working. and these gift horses are not getting an examination. take harley-davidson, a company that has a stellar track record. in the meantime, inventories are too high. harley was down $3 from its recent high. that's not enough in a bear market. unlike dover, eaten or united technologies, consumer exposure, and that's not something to bank on right now. hog finished down $7.80. almost 14%. then there's ibm. what can i say about ibm. not

united technologies, earning 1.61 a share, 6 cents better than expected.rge part to the strong dollar. the company did reaffirm the full year outlook add $12 billion to the stock buyback program. travelers earning 2.93 for the third quarter, way above street's expectations of 2.27. this is a company that routinely beats earnings estimates, 12 out of the last 14 quarters, helped by improved underwriting results, the stock up 3% today. also, ibm beating estimates by 4 cents with quarterly profit of 3.34 a share, but the stock is under pressure. it's down by about 4.5% this morning. the company came in with revenue that missed estimates even accounting for foreign currency and intentional shrinkage of revenue. also, this was the 14th quarter in a row that revenue was down, and ibm gave a disappointing forecast for the year as well. let's shift directions and talk the fed. keeping the markets guessing, investors, though, have plenty of data to digest ahead of the next two-day meeting. let's get more from our squawk market masters, marty feldstein is on set, pr

>> i think the united technologies is doing a lot of the right things.nk to tell you i think it has already guided expectations to levels that i think it will have no problem doing. i think greg hayes is in there straightening up the ship, doing a good job. united technologies is not necessarily the industrial i want to own right now. it will be the industrial if the numbers are beaten. i like the stock. i wish it yielded 3. it's got to go down a little more. carol in michigan. >> caller: thank you very much for taking my call. in 2008 or '09, during the recession, i bought ford stock at $3 a share. and i bought it as a lot of 100 shares. it went up, and i was very pleased with the results. i respect the ford family and am proud that they did not take the buyout when offered. my question is, to you, cramer, with this bear market, is it wise to buy more ford stock at its price now? >> a lot of things there are starting to go right that weren't right even a week ago. so let's just say it's a bear phase, but we know that things can get better in certain seg

consider stocks like united technologies, honey well and boeing and ppg been they were loathed. the market hated them so much that the they became incredibly oversold. meaning they kept going down and down and down to the point where it seemed to be sunk. then out of nowhere, a couple of things happened and the big portfolio managers, something changed their view from bear stocks to bullish in the blink of an eye. for starters, general electric had a one-two punch. got the endorsement of nelson pells and the only one of his kind who, if you consistently followed him, you beat the market even if you bought the position after it was announced and after it spiked and he got involved buying a ton of stock. true to form gd stock has been roaring ever since. last friday, ge stellar quarter, that was the signal that there's now an appetite for these down and out industrials, which you'll be getting more for months. since then, we've seen honey well, united technologies reports, along with a usually disappointing preannouncement. yet after an initial dip, they all went higher. only ppg

travelers and united technology higher. both of these in the dow. travelers is the loan property-casualty insurer in the dow jones. profit of about 1%. sales accelerated. it had improved underwriting margins. united technologies saying it will not be making large acquisitions that it will continue to spend on buybacks and its third-quarter earnings also beat analyst estimates. betty: housing, we have numbers again. pretty positive. julie: 6.5%. that was positive. permits, a forward-looking indicator, not as strong. what strength there was an housing starts mostly coming from multi family buildings. apartment buildings. we also see it for raymond james on "continued strength and multi-housing -- on multifamily housing fundamentals." these are gaining, but but not huge gains. betty: julie hyman at our markets desk. in on theeck bloomberg first word news. vonnie quinn has more. the empire state has reached the $550 million settlement with state tobacco. eric snyderman says the agreement is tied to money that has been in escrow between a decade-long dis

so today ibm, united technologies, even rambus these are not particular industries.ustries are talking about revenues generally being lower than expected and we are seeing q4 fourth quarter, revenue expectations for many industries slowly coming down and that ultimately is what matters. you can say, yes, the energy companies are having problems yes the strong dollar is hurting multi-nationals, all of that is true but the global weakness is the big story. my concern is that the stock market has held up because margins are strong 10% on average. if the margins start going under pressure, they are going to have to cut costs. >> thanks bob. see you later. >>> go out down 11 points ringing the bell jm smoker celebrating 50 years at the new york stock exchange and celebrating annual trading week for kids at the nasdaq. stay tuned now for the second hour of the closing bell with kelly evans. see you tomorrow. >>> thank you, bill. i'm kelly evans. yesterday on the bell the dow surged into the green, today not the case, though giving up about 9 points. the s&p, the broad mark

maria: who wants to stay for more, it has been a busy morning on wall street, united technologies, outnings, disappointing numbers from ibm, that stock is down 5%, joining us to handicap it all is mainstay capital ceo and chief investment strategist, good to see you. >> good morning. when you look at the earnings picture for investing is this a reason to buy stocks or do you raise cash? >> it is a reason to buy stocks, and earnings trough you are working for ruth, negative earnings based on consensus estimates, we have seen some beads as low as 80%, 50% on revenue, disappointing news, earlier earnings reports, but we think there are opportunities for surprises on the upside, we have seen recovery in the market, we still think we are along segment of the global market, dips like we have had in august and september are an opportunity for long-term investors. >> back to the beginning of the year, were you calling for down 4% revenue growth in the isn't the 500 and down and 10% earnings and the of find any narrative drift? >> we looked at 2015 at the beginning of this year, where there wou

without the big defense contractor, a few airlines, everything from united technologies, honeywell, it is all done, not by my word. >> to your point, a lot of the companies trying to deal with cost-cutting issues and now the ones that service those companies are saying the same thing. so it is rippling through that space. it is not the time to dive into it. >> do you have a trade on xli which tracks industries. >> yes. when you look at chart from the 2009 lows it has come down now to the uptrend that has been in place since 2009. there is the chart right there. so you have the stock at 52.5 today. 50 is a massive near-term support level. but the uptrend is the big one here. so i think that you'll continue to see fundamental zreerdeterion and i don't think ge can help at ten year high so i want to make a bearish bet looking out to december expiration at around 52.5, i bought the 52-48 put spread and my max gain is at $48, okay, that is basically risking one to make potentially three down at $48. here is the thing. i'm paying one and that is about 2% of the stock price right here. and i

that's going to bring in buyers back to united technologies.the weaker group when it comes to earnings is going to be these big international companies with currency exposure. this is heartening people. before you go crazy, remember it's the yield. this is an accidentally high yield company right nouchlt don't go nuts for t i think people -- i'm taking notice and saying why isn't this one down. united technologies helping the tape, too. >> just looking at the yield, 4, 4 plus. >> that's what people want. >> the fed is not going to raise. remember, dover came out today and dover has things that are okay. look, the group is just beat up and people restate. there is a rotation going on in this marketplace, every 48 hours we have a new rotation, it's really extraordinary, ppg had good things to say, that stock was the beginning this have rotation. now, be careful, caterpillar is going to come up but they, too, pre announced already. you may find out that caterpillar with a nice yield if they can maintain? >> yahoo, chip holt lay tonight. >> carizo,

is the big weight in the sector, 11%, without the big defense factors, everything else from united technologynd emerson is down and it does not look like it's over not by my work. >> to your point, a lot of companies first trying to deal with cost cutting issues are saying the exact same thing, it's rippling through that space. this is not the time to dive in. >> you got a trade on xli. >> specifically when you look at the chart of the xli from the 2009 lows it has come down to the up trend that has been in place since 2009. there's the chart right there. you have the stock at 52.5 today. 50 is a massive near term support level but the up trend is the big one here. i think you'll continue to see fundamental deterioration. i want to make a defined risk bet looking out to december expiration today when the stock is 52.5, i bought the 52, 48 put spread in december and paid a dollar for that. my max gain at $48. that's basically i'm risking one to make potentially three down at 48 bucks. here's the thing. i'm paying one and that is about 2% of the stock price right here. i think this is a very ne

without the big defense contractors, well, a few airlines, everything else from united technologies, to emerson to eaten is down and it does not look like it's over. >> exactly to your point a lot of the companies that were first trying to deal with cost cutting issues, now the ones that service those companies are saying the exact same thing. so it's rippling basically through that space. this is not the time to dive into it. >> you got a trade on xli. the etf that trades industrials. >> when you look at the chart. xli from the 2009 lows it has come down to that uptrend that has been in place since 2009. there's the chart. you have the stock at 52.5 or so today, 50 is a near term support level but that uptrend is the big one here. i don't think ge can help a whole heck of a lot from here at ten-year highs. i want to make a bearish bet looking out to december expiration when the stock was around 52.5, i bought the 52.48 put spread in december, i paid $1 for that, my max gain is at $48, okay, that's basically -- i'm risking one to make potentially 3 down at 48 bucks. i'm paying 1 and

the new guy is really a united technologies guy. tough, hard line manager who is really, i think, reinstilling the old disminute. he's terrific. if this stock gets hit, you'll want to get in it. we are not -- he's not boating. no. he's not boating. he is making engines. he's doing well with otis. i got to tell you, air conditioning good. hvac, but he got dealt a hand of weak china. that matters. they have all the elevators in the world in china otis is a tough business. we don't build a lot of buildings that need huge elevators and it's the maintenance that matters. >> the razor blade part of the business. >> oh, my. >> good business. not so much for gillette anymore. >> procter sneaked up from 70 to 75. >> yeah. we have so many other stocks to even just talk about that we have not gotten to. >> williams sonoma, restoration hardware, have you seen the video of the new chicago store? >> no. >> best trailer i've seen. >> opening bell after this. my name is peter tran. i'm a gas service representative. i've been with pg&e nine years. a

i didn't know they had -- united technologies, okay. honeywell, okay. these guys are the pure play. you're onto something. i wish i had been onto it earlier. sometimes you have to own the fact that you didn't get it early enough. will in california. >> caller: booyah from san clemente, jim. >> oh, man. i can't talk about it. >> caller: okay. a few months ago i spoke to you about re-vance therapeutics. today they announced very positive results comparing their injectable medication with botox. keeping in mind that the cfo, a strong biotech m&a background, including a stint with allergan, what do you think? >> i saw that and immediately said, oh, boy, allergan will be -- wait a second, they're in talks with pfizer. that was really a good study. i believe that is too small a company, that something goodwill happen. i felt even up 5 today, up 10, now you can wait for pullback. chris in texas. >> caller: booyah, jim. and a booyah to your professional staff. my stock is mrkt. i would like to know your thoughts. >> this is an extremely well-run financial service company. when i saw that in

united technologies, the estimates as well as and also the company making some comments about how itsing cash, not acquisitions, but for more buybacks. investors appear to like that strategy. scarlet: julie hyman, thank you. word let's check first news from mark crumpton. mark: we begin in israel were a month-long weight of violence continues. a palestinian man rammed his car into a group of israelis today, injuring a soldier and a civilian. the assailant then allegedly jumped out of his car and began stabbing people before he was shot and killed. in the meantime, the yuan secretary men -- general ban ki-moon calling for cessation of the bloodshed. a warning from the opposition leader, saying the unrest is a glimpse of the future if palestinians don't receive a state of their own. two new polls show hillary clinton widening her primary lead after months of losing ground to vermont senator bernie sanders. poll, mrs.st clinton's support is a 49% post-up senator sanders is second with 29%. ice president joe biden, who has not even officially announced a bid for the white house, has 15%.

since then we have seen you united technology and then the d disapointing announcement and then it went higher. only ppg was included to be expe expected and both roared ahead and that's the reinforced beat and even up here and look my job is to pull back the curtain and explain what is happening in the stock market and it worries that it's by the federal reserve system and what's been the benchmark and they would say 12 percent in the s&p and owned eight percent. it's many and now just now warming up to the notion that china is improving. we know that both have gotten stronger and the kpie knechines consumer is starting to buy cars again and then all of these are making them frantic. frantic in the efforts not to miss this bullish reranking. they want in and at the same time there's now a sense of hatred in the drugs and health care stocks. it's companies that are so consistent. think that the money that's coming into the industrials is going out of health care. we're going into an election year and at any time nobody wants the politics as the drug business. so the companies people ide

caterpillar, united technologies also seeing strength today. wanted to point out movement in dow chemical. dow is completing a spinoff of units in a merger. dow also said in the merger spinoff situation it raised more in proceeds than anticipated and may return as much as $1.5 billion in value to shareholders through a buyback or other means. dow has been one of the strong performers in the session. betty: thank you so much. dow chemical. managerire hedge fund paul tudor jones is taking on a new initiative, reforming horticulture through his recently launched nonprofit. of thedown on the debut show and spoke about the mission. public whatsked the you think constitutes just behavior. theou see from the graphic, number one and two things are first, what do i get paid? in particular, am i making a living wage? and secondly, how do companies treat me? betty: those are important. joining us is someone who has been integral to the just capital mission, serves on the board with paul tudor jones. deepak chopra is the author of the upcoming book "super g

. >> i like united technology. >> is that a statement on united tech itself or like josh is suggesting bigger macro call on the state of the economy and the industrial economy? >> i think it's a bit of both. i think it's a stock that has a lot of self-help going on. there's portfolio reshuffling. the new ceo at the beginning of the year greg hayes is really driving a lot of change there. it's not been a great stock year to date, but they're now talking about buying back their stock rather than engaging in m & a and i think that will make a difference for utx. >> fellow value investor over there, jim. >> i'm in the same boat with you. value is an awfully broad brush stroke. if we cut out the basic materials and energy names which has just been a vaporization. let's talk about value where there is some element of growth to it. last six weeks, you've seen resurgence in value. my question to you, because i'm asking myself this, is it sustainable or is it just sort of the puff of wind and maybe it's in comparison to a growth sector that apropos of health care and some darlingings have had s

the weak dollar, big multi-nationals like 3 m, united technologies turn around, beating up groups rallyckly. >> thank you, bob. now we are going to the president, the question-and-answer session, less see what he has to say among other things about syria. stay tuned. >> two good men doing really important work. so i'm lucky to have them both as colleagues and as friends and i'm looking forward to seeing even more work done in the next few months. we've got some other business to attend to, so all of you who are here to celebrate arne and john you are lucky enough to have to sit through a little bit of a press conference with me. so make yourselves comfortable. [ laughter ] >> i warned the kids ahead of time, i said try not to look completely bored. i'm going to take a couple of questions from the press, but first a few additional pieces of business. first of all, we learned today that our business has created another 118,000 new jobs in september, which means that we now have had 67 straight months of job creation. 13.2 million new jobs in all. and an unemployment rate that has fallen f

tuesday we are for united technologies, u techs on the trading desk. more like general electric, listed a terrific quarter, or cramer honeywell, failed a bit when reporting today. i loved the new technologies management team led by the no-nonsense greg hayes but the oldest elevator business is hostage to the downturn in interest spending in china. maeve give it another quarter. it's gone well and has a magnificent aerospace business. i'm a huge fan of verizon, which will report. i love stable dividends and's consistent mild growth. reports next tuesday, stock's 5% yield makes it too attractive to close up. after the break, chipotle. a restaurant in brooklyn, and bar san miguel. closed for a private party tonight. chipotle ramping since last quarter. i think it's profit-taking. my blessing to use a deep in the money call strategy i outline get back to even to bet on chipotle, to invest or trade going into the quarter -- i like those guys. wednesday's going to be very that is because ba, boeing, reports in the morning. it has to refute head-on the talk o

united technologies also coming out with a big mess on revenue.uy back $12 billion worth of shares. to $16gs the total vivax billion through 2017. they are doing the best they can to keep share prices up. the dow jones industrial average is down 20 percent year to date. earnings growth and strength today, to 93 per share. we were looking only for 226. property, the only insurer in the dow jones industrial average, putting up a little bit of again today. back to you. storiesime for the five that matter now. we begin with yum! brands. it will become a franchisee of the parent company. exclusive rights to you may know this was not exactly young's idea. a carl icahn protege push for a spin off saying it could boost the value by $7 billion per stock. way up in premarket trading. almost 5%. dwight anderson. does this surprise you that activist and ventures -- investors, hedge fund managers can wield as much power in corporate america today as the likes of george soros, once wielded in the macro world? dwight: you take a look at some of the inefficiencie

united technology, some of those names. i think the one thing we can hold our hat to is when we look at the volatility index, and last week we talked about it, in the mid-20s. it had been 30, it went to 20s. that's very difficult to sustain. because we've got to have movement that's going to give us 1.6, 1.7% every single day. >> are you inclined to be a buyer of stocks? >> yes. >> friday's activity in the second half of the day and today make a meaningful statement to you? >> absolutely, 100%. i don't think people are giving it enough respect. there was a lot of hubris surrounding whether we would revisit the lows. whether we would take out the august lows first. i think it was an incredibly powerful rally on friday that indicated just how short the speculative community was. i think we've gotten past a lot of the economic data points that would be troublesome in the form of china manufacturing and the labor report. now you're coming into earnings where the expectations are incredibly low. i think it sets up well for octob

we saw honeywell, united technology, and ge went.we've got to leave it there. >> more volatility next week. charles: good. hey, next, you know, there's a problem with escalators in problem. in fact, just a couple of days ago a four-year-old boy died in an accident there. and it under scores some bigger problems there, and it also under scores why we're still the best criterion in the world to live in and invest in. don't give up on us yet. i'll tell you more when we come back why put up with that? but the quicksilver card from capital one likes to keep it simple. real simple. i'm talking easy like-a- walk-in-the-park, nothing-to-worry-about, man-that-feels-good simple. quicksilver earns you unlimited 1.5% cash back on every purchase, everywhere. it's a simple question. what's in your wallet? big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure everyone got their latest gadgets. what's up for the next shift? ah, nothing much. just keeping the lights on. (laugh) nice. doi

we saw honeywell, united technology, and ge went.got to leave it there. >> more volatility next week. charles: good. hey, next, you know, there's a problem with escalators in problem. in fact, just a couple of days ago a four-year-old boy died in an accident there. and it under scores some bigger problems there, and it also under scores why we're still the best criterion in the world to live in and the world to live in and invest in. at ally bank no branches equals great rates. it's a fact. kind of like ordering wine equals pretending to know wine. pinot noir, which means peanut of the night. you're down with crestor. yes! when diet and exercise aren't enough, adding crestor lowers bad cholesterol up to 55%. crestor is not for people with liver disease, or women who are nursing, pregnant, or may become pregnant. tell your doctor all medicines you take. call your doctor if you have muscle pain or weakness, feel unusually tired, have loss of appetite, upper belly pain, dark urine, or yellowing of skin or eyes. these could be signs of s

united technology and travelers to the upside peered after supporting their quarterly numbers. analyst. without profit also be. ibm more than 50 negative dow points. weakness in china. that is a ladder. weight watchers up 32% right now. 105% gain yesterday. oprah winfrey could get a 10% stake in the company. packing on those gains today. support for the company. fbn a.m. at 5:00 a.m. announcer] ♪ only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company, which has over 30 years of e

. >> our reminder, united technologies doing a $16 billion cumulative buyback, that's huge. >> they've been in a blackout period for buybacks. now the people are announcing major numbers. i still think there's a lot of support for companies. it's probably, as john said, the financial engineering or how companies are growing in this environment is the most important. the high growth names will continue to be rewarded and they'll be hurt the most. i think it's very stock specific. their growth is nowhere near where it was. it's actually stabilizing. i think this is an ultimate -- if i think about what's happening out there, it's going from less bad to stabilizing. for a lot of companies that have big growth, they've already priced in this environment. also a very big sell. >> i was going to say investors are waiting for this dividend spike increase. i think it's why the stock is up today. it's a 5.5% yield, even after this. >> making some news on the dividend front. we'll leave it there for the time being. stay right there, everybody. earnings are dominating the after hours trading. yes,

even united technology has that business. depends on how you lend short or lend long. peltz wants to buy back more stock. they will bt able able to leverr they lever back. wells fargo not going down much because the growth is good. expensive stock, but warren buffett's favorite. >> as is ibm still. >> you did a terrific interview with ramedi -- >> a while ago. not recently. >> i felt at one point a watson pr blitz turned into a ratson line item. >> health care oncology they pushed. i wanted to come back to trip adviser. you know more about that. >> it is up a full quarter of its market value. just to give you more. this had been discussed as a possibility, now it's about 22%. what's happening is priceline is agreeing to list some of its travel websites on trip adviser's instant booking. so you'll be on trip adviser, you want to book a room at a hotel? you can get instant access to some of priceline's services. i think they're starting with booking.com, that's in europe. priceline is huge in europe. that's a big deal for them as they try to make robust their own interes

this is part of the renaissance like united technologies. we expected a really horrible number.gave you less than horrible numbers. so the stock goes higher. good balance sheet there too. >> do you know when he gets that? >> i do not. >> he is like your goalie with the rangers. >> lindquist. >> he likes ice hockey, by the way. we are not allowed to take anybody's tickets. so i don't go. >> it is not a well-understood company. 80,000 skus. >> my father worked for 3 m. his biggest seller was sashi, the stuff that made ribbons. they innovate, they innovate, they innovate. they have got some great sponges, man. >> they do? >> you want to talk a little valeant? >> how you feeling about that stock? >> do you have any pepto bismol. >> yesterday, that incredible wild ride saw the stock go down as much as 40%. the company coming out and fighting back against these charges in this report from a firm that recommends short selling and follows it themselves. they picked a great time to spring a bear rate on this company. no doubt about it. there seem to be some others who were involved as we

united technologies down about 1%. merck lost ground yesterday.l company losing ground today, down 2%. ibm down in the led down about 1%. look at twitter for you, moving higher up nearly 3%. website operator will lay off 3% of workforce, 300 employees, jack dorsey takes the reins to slim the operations. after the bell, reporting jpmorgan, intel, csx. we'll have the numbers for you. more "coast to coast" with neil cavuto straight ahead. neil: took is a months to find out. -- 15 months to find out but we're learning from dutch authorities looking into the crash of malaysian air flight 17 that crashed over skies of ukraine, 298 people were killed, that it was a russian missile brought them down. the issue russians are denying that they had anything to do with it. the issue becomes, even if they had something to do with it, confirm they had something to do with it, how do you get money out of them? where does this go? judge andrew napolitano on that. what happens, judge? good afternoon. >> in ordinary course one would pursue the government that facili

ibm, united technology, rambus, the chipmaker said q-4 revenue guidance will be 11% below consensus. those are big numbers that we've been seeing. back to you. >> all right. bob, thank you very much. we've had ibm after the bell yesterday. today, other dow members verizon, travelers, united tech out with profits. verizon and travelers beat. mixed quarter for utx. more than half of the dow components will have reported results. how have the biggest of the blue chip stocks been holding up? >> 18 stocks in the dow 30 will have reported the earnings by the time we finish out this week. you named a few. if you take a look at dow industrials, that's just about the time period when earnings kind of started. we're up fractionally. now all the things that bob pisani talked about, revenue recession possibly, some concern about earnings growth, cost cuts being put into place, year to date the dow is down 3.5%. gives you context there. ibm and then travelers, the two -- among those that reported earnings so far this season, these are the biggest die vernl divergences. if you take a look overall

united technology, wednesday ebay, boeing, coca-cola. thursday, google known as alba fet, mcdonald's, microsoft, at&t. friday a proctor & gamble and american airlines. if you look at the overall earnings growth rate, that's going to be the interesting part because if all these analyst expectations come to fruition, you could see blending earnings growth downgraded 4%. it would be the first time since the financial crisis. revenues not much better. down 3.7%. so yaefoverall, the expectatione not good. if they go negative, it will be the first time since the financial crisis. >>> the dow is nonetheless on track for the first three-week win streak since february. the s&p 500 a two-month high and on pace for the best month in four years. can you believe it? health care stocks here leading the way. bob pisani joins us from the nyse floor. it feels like it's been a stealth rally, bob. >> the reason it feels that way is there's no obviously strong leadership. it's not like oil is coming out of the box or even we're getting dramatic turnarounds

. >> united technologies had a very good week as well.nounced a $12 billion buy back, the company's new ceo is focused on returning capital to shareholders and has done that. >> yesterday was one of the best days in some time for the industrials in part because of utx. as you look into next week what are you going to be thinking about? >> the fed meeting is important in large part because you want to see what the commentary is afterwards, but i also think you're looking of course for apple's earnings which are coming out, twitter, ups, merck, some of the others, but apple will be the one that everyone focuses on. >> we were having a conversation i wonder if you felt it down here as you talk to people that money that ordinarily you may find a home in apple has been going to amazon, going to microsoft, going to google, going to facebook. >> well, for the week it's up 7%, that's better than all the indices, it's not like the money hasn't been going there. maybe certainly not as aggressively as some of the other companies but it's their week

and united health, and dow jones industrial, walmart and united technologies under pressure.ve to the upside announcing it's going to be cutting 8% of its global workforce and the stock up and under armour, chief financial officer and chief operating officer goes to resign, that stock down about 1%. after the bell, jp morgan, csx we'll watch for those, start your day, every day on fbn a.m. at 5:00 a.m. stuart: sap is a european software maker, good profits, the stock is up 6.5%. how about this one? a statewide bang on fracking, it's been in the law in new york state since last year, but i believe they got a way around this. liz, you've got more. >> instead of water, propane jell to get the oil put. it's highly flammable and could be explosive. but remember earlier in the year you were reporting 15 towns wanted to see, they wanted to leave new york state because they were losing out of the economic benefits of fracking, less jobs in that area than in the year 2000. they're in dire straights in this part of new york. >> didn't they come out with study saying it didn't contamina

charlie: do you believe you have an unfair reputation in the united states among technology companiesmargrethe: i don't know. i think part of the reputation comes from the job. charlie: in other words, you have to be tough because that is the definition of your job? margrethe: i think so. charlie: to be vigilant. margrethe: to be consistent, to be evenhanded, to stay focused, because basically what we all do is to serve our citizens. charlie: what is the issue with gazprom? margrethe: the russian oil company doing great business in europe. charlie: much to the delight of european medicine. margrethe: selling a lot of gas. we find in many countries they had used a dominant position to charge very, very high prices. in that case, we have sent them a statement of objection and we have gotten their official got theirbut we also first draft on what could balance our concerns to find a solution. charlie: denmark is not part of the eurozone, nor is britain part of the eurozone. what is your analysis of the greek economic issue and all of the change of governments there has done to the possib

you think about companies like ge, united technology, boeing, tearing back their inventory now.rm blip. stuart: cheryl, thank you very much indeed. i have a headline from -- for you. elect hillary president and get four more years of president obama's policy. dan henninger next. ♪ ♪ nicole: i am nicole petallides with your fox business brief. stocks pull back his morning after we got the third-quarter gdp number. the u.s. economy cooled. the s&p down for. it has faced up to be a great month of the october. the best month we have seen for stocks in four years. united health and chevron. some of the names leading the way. we are watching intel, cisco and nike. keeping an eye on allergan and nike. up about 9%. pfizer pulling back some. the parent of botox. hn cream as well. taking a look at go pro. hitting a new low. right now down 60%. not seeing demand as they had hoped. fpn a.m. starts at 5:00 a.m. every day. ♪ stuart: in his latest opinion piece, dan menninger writes this. a lefty pendant, the third obama term guarantees for or baby eight more years of socially destructive hope

dow yesterday over 300 points 100 points came from dow jones industrial average, 3 on boeing united technologies ge beaten down, hammered worries about china this week looking at this -- the xli etf xaim traded communitied comprises industrials have done well up 3 1/2%, for the week this is the xli certainly a win for the week we have much more "mornings with maria" coming up, including, he former massachusetts senator scott brown also former new york city mayor rudy giuliani stay with "mornings with maria". you focus on making great burgers, or building the best houses in town. or becoming the next highly-unlikely dotcom superstar. and us, we'll be right there with you, helping with the questions you need answered to get your brand new business started. we're legalzoom and we've already partnered with over a million new business owners to do just that. check us out today to see how you can become one of them. legalzoom. legal help is here. the wolf was huffing and puffing. like you do sometimes, grandpa? well, when you have copd, it can be hard to breathe. it can be hard to get air out, which c

> translator: north korea should not conduct any type of launch using ballistic missile technology under the united nations security counsel resolutio resolutions. if they do any kind of launch, it would be a clear violation of the resolutions. >> suga said officials are gathering and analyzing intelligence information in cooperation with the u.s. and south korea. >>> chinese media reports say the man suspected of carrying out bombings in a southern part of the country may be a kwaur ri worker who may have experience handling explosives. police say they are zerng searching for a 33-year-old man. parcels exploded wednesday and thursday, and authorities say seven were killed and more than 50 others wounded. reports say street vendor was asked by a stranger to deliver a parcel for $25. the package exploded when it was opened. police warn people not to accept items from unknown senders. regional authorities temporarily halted parcel and postal deliveries and stepped up security. >>> a plane crashed in eastern afghanistan killing 11 on board. the plane went down in an airport early friday. the u.s. mili

> translator: north korea should not conduct any type of launch using ballistic missile technology under the unitedations security council resolutions. if they do any kind of launch, it would be a clear violation of the resolutions. >> suga said government officials are gathering and analyzing intelligence information in cooperation with the u.s. and south korea. >>> some of the people in charge of the crippled nuclear plant in fukushima may face criminal charges. police have referred dozens of tokyo electric power company executives to prosecutors. and they say it's over the leaks of highly radioactive water into the sea following the 2011 accident. residents filed a criminal complaint two years ago against tepco and more than 30 former and current officials. they say the utility failed to properly manage storage tanks of contaminated water or build underground walls to block the flow. investigators say they have conducted interviews and analyzed various materials. >> translator: i believe the police looked into the case in great detail. i hope the prosecutor will further investigate and bring tho