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Barely. Never the less, it marks the longest string of weekly gains for nasd2010. That streak hit eight despite a slight. Stocks came under pressure as expectations for an Interest Rate hike later this year rose. Despite those daily declines, stocks remained near their all time highs. Today, the Dow Jones Industrial average off 45 to finish at 18,552. Nasdaq fell one and the s p 500 week, fractional moves with the nasdaq, remember i said barely, well, it was baw a the lower. Despite todays winning streak on wall street, many were according to the wall street journal, Big Companies are giving more of their profits to shareholders than any other time since the financial crisis. Even as record low bond yields put a dividend, but are these payouts putting companies at risk . Lets turn now to mary ann with gradient investments. Welcome. Nice to have you here. Thank you for having me, sue. I guess that is the question. Does the dividend pay out pose a risk forn this market . Well, i can say that a lot of companies are increasing their dividends. And theyre getting pretty high on the payout rh owe, sometimes, even to pay the dividends, but its have other good uses for the cash and Interest Rate rs low. So, theyre not jeopardizing their Balance Sheets. Are there any particular sector of the market where it is worrisome to you . You know, it could be in some of the cs an area we really focus on. And just to look at it from our standpoint the cash thats generated from operations after their normal capital spending. And in our g50 portfolio paying stock, we have a wealth of Companies Still in that 2545 payout ratio. One the coal, even with the difficulties they the ratio was 45 . You know, you said one of the to pa theyre borrowing or dividends is they dont need the cash for other things. Is that unusual in the market . Is it specific to the environment that were in now . Or is that traditionally true . Well, i dont think its traditionally true. Of companie not gone out to make a lot of cash s and positions and agai what, a 1. 5 type of Interest Rate for tenyear treasury, it makes more sense to pay it out to used the phrase, payout ratio, a couple of times. Would you explain you one was just 45 , so that was fine. Whats too high . Whats too high. Okay, so, the way most people calculate it, its dividends divided by the earnings on a per share basis. We doept think thats the best way to look at i. We think its better to look at the cash generated from operations. And then deduct whatever they spent reinvestment in the business. And wh so, we look at the dividend paen as a portion of the high . I would say you know, 90, 95 is too hi. Especially when youre like us, looking if for companies that not only pay a nice dividend, pay a nice yield, but also have the ability to grow dividends every year at a rate in excess of inflation. All r leave it there. Thank you. Comment frs the head of the San Francisco fed weighed on stocks today. John williams is calling for an Interest Rate hike sooner rather than later and is the latest central bank officiae back on williams says waiting too long could be costly for the economy. While he is not a Voting Member of the policy Setting Company this year, he does have a long standing relationship with fed dhar, janua as at the symposium next week. The rally pushed crude to its best gai about four months. In a few months, the its risen more than 20 . M higher isnt the same as the others. Jackie has our story. The bulls are back in the market moving oil prices from 39 to almost 50 in just two weeks time. The primary reason, speculation that o p peck talks in a few freeze, but many are asking why different . We saw a a similar move in vienna, yet hawks did not produce an agreem. Some say this time around, its the saudi arabia factor and wlingness to agree. And saudi arabia wants to see higher prices as it gets ready to issue shares in aramco. High prices would also support a 15 billion debt. Cheap oil has depete leted , p market share wars. But just this week, the Iranian Oil Minister says the countrys production is already at more than 3 Million Barrels a day, almost at pre sanction levels. That makes iran less of a threat. Meantime, breathing when opec is pumping at record level, wont a material impact. Wants and support oil l the prices for the benefi i think 50 oil is possible and prob have to go anything to just have the whoeption they d ft would be no agreement that weve seen so if youre concern about the market at these loft thety monitor guest has stock re the very public and bitter battle o empire is over and keeps the red stones in control. Weve been reporting a deal was neared with the redstones and its long former con fi dont at via sum mer redstones National Amusement and viacom ceo have reportedly agreed to settle lawsuits that have been hanging over the company. Sumner and his daughter, sherry, coming out on top, putting to bed three lawsuits without testing redstones mental competency, which has been called into question. Sources say doeman will step co will bermuda interim ceo through the end of september. This is a day for shareholders. There are bright and competent directors coming in to join this board, so obviously, sherry redstens played a bigger role over these montes the question n who will become the permanent ceo. W leader. Ay that viacoms theres renewed speculation that the ceo would be a good fit d cvs and viacom could be recombinant expected to walk away with a 72 million severance package on top of the 491 million doman has brought home running viacom. Some big nu the cost of the company. Was shakedown to get payments for these people leaving after disasterous performance. Former ceo tom preston saying to lon and will now make it much easier to draw top employees to the co a market monitor tonight likes dividend paying stocks of the sort we were just discussing. Shareholder first. Last time he was on about two years aerks he recommen up 5 a shell, which with oil prices down, is 37 lower. Hes at perks manager for Franklin Templeton fund u. Why dont we begin with that stock, royal d shell which is down so much, but is still o. Why are you doubling down on it . Yeah, i tven at lower prices and certainly, a lot of that was r tha date, you mentioned september 2014. What we like about shell is that they have a opportuniti internally to reduce costs, to reduce capital investment, ultimately to focus on improving the Balance Sheet and improve g projec. We reall ove a longer term period with a more normalized oil price environment, that the q attrac. Is at the top of the list. I think its inar a broad segment of market today and its not just about utilities and telecom and more traditional yield oriented sectors and you know, with microsoft recently i think investors have had a nice opportunity to buy it below its highs. Now, this is a market environment where weve been very close to all time highs. Yet when you look at individual stocks like microsoft, youve had moments of opportunity to do that. Has an opportunity particularly in the commercial cloud area to really drive growth and free cash flow. A stock that yields 2. 5 compared with 1. 5 you could ar microsoft has a better Balance Sheet than the u. S. Government. Your thifi plump dividend yield about 3. 5 , 3. 4. There, i think again, its a Company Specific catalyst that the Management Team is very focused on trying to drive strat options with their business, but also ultimately, its a business that we think over the next several years can generate just a substantial amou with once again, a very strong Balance Sheet and and opportunity to kind of deploy that free cash in a balanced matter. It will be through dividends, through modest share buybacks and ultimately, some m and. Ed is with frankl income fund. Deere has its best day in a tonights market focus. The Worlds Largest agricultural equipmen cost cuts helped earnings. As a result, they raised their full year Profit Guidance, but the local farm recession and head winds in Construction Equipment weighed on sales. Shares soared 13 87. 32. Shares of geo group and correction of america bounced back today, executives of both for profit prison operators told analysts that the pot profi this is year or future dividends. As we reported last night, the u. S. Government pledged to discontinue its use of private prisons. Shares soared to 23. 68. Corrections corp. Ro higher sales of celebrity endorsed shoes fueled by my son, the shoe retailer said demand was strong for stefan curry sneake kevin durnt kicks. Shares up 11 today to 68. 47. Lower foot traffic speaking of feet as Department Stores in weak demand for skin care products. Estee lauder reported a rise in quarterly sales. They gave weak Profit Guidance for the year. Shares finished the day down 3. 5 at 91. 73. And Madison Square gardens saw its sales fell as the rangers hockey team which got knocked out of the playoffs this year, played fewer fwams in their home stadium. Shares down 2 . 184. 19. A joint investigation by cnbc and nbc new york found more than 4,000 patient deaths have been classified as less serious events in fta safety reports. It turns out Health Companies are allowed to label some fatalitit now, critics are question iin tn wat . Chris joins us with more on our investigat. I think the f drda needs to investigated by the fbi. Shelves the food and Drug Administration let her down when the bronx born mom was finished having children, she chose a Birth Control device called assure get choked up. Its the arm band. But she still got pregnant twice and twice, she miscarried. Its a shocking experience to find out youre pregnant when youre not planning on being pregnant anymore and to lose a baby, it was devastate iing. Y the fda counts fetal deaths reported by bayer. According to the agencys reporting rules, dd miscarriages are not deaths. I dont think they counted all the fetal death, all the ing about reporting rules. He call ed me, sai h died. Yesterday, we told you about family of shelley, an epilepsy patient who died after claiming this nerve stimulater implanted below the neck caused painful shocks. Since her death, her loved ones learned cyberonics, the make s of deaths, but classified them as less serious injuries and malfunctions. They both say their products have helped tens of thousands of epilepsy and Birth Control patients. They insist they have reported safety issues in compliance with fda rule, but the way the rules are ininterp and enforced maybe the problem according to michael fitzpatrick. He said the fda seems to be allowing medical Device Companies to decide for themselves when a death is related to one o misreporting or companies, to find i think the f sai s in best patient deaths could be correctly classified as lesser events if safety reports lacked sufficient information to establish the device likely caused or contributed to the death. She also said the fda considers patients to be our first and primary customer. But some patients dont see it that way. I blame the fda because i feel like they are supposed to be the peoples watchdog. Shelleys family said the fda makers. En too cozy with the the nerve stimulater was also s overruled more dwe preciou than 20 fda scientist, medical and safety officers, many of whom felt the device did noit demonstrate safety and effectiveness. S o expoert staff, dr. Shults resigned from the fda. Hes now join ed a consultl dev. He denied comment. His Consulting Firm did takish with the firm that its lob be of 1995. That act refer to lobbying certain executive and elective leader the green leaf website says it pr for meetings and calls and prepares approval. Since 2009, greenleaf has hired seven fda officials. We asked scott, a former depe f tied are in your estimation, did the fda more watchdog or lap dog . I think its prrigorous. Got leeb said the fda benefits by collaborating with private industry and said ethics and a commitment to protecting patients are guiding principles. I thi i think theyre, around the world. For nightly busine the fda is currently spending millions to upgrade its system for recording andizi analyzing o oblems with medi mischarnlgs. Cyb says its nerve stimulater does not have an ab normally high numbt deaths. Theyre classic, rare and very, very expensive and theyre up for auction at pe. Two fighters will make their long awaited return to the octagon this weekend. Not only is there big money u on the line, but theres a big push to union fighters. The fights not until saturday, but no one Conor Macgregor r and nate diaz will face off in the octagon in a ufc rematch, which could be biggest fight of tea the line. Its also the new owners, wmeimg, which bought the ufc for a whopping 4 billion this summer, a record for a sports franchise, which macgregor l takes credit for. I had a big r and so, my contract is very, very sweet. His demeanor this week was at times, far quieter than last march. Take a coffee break, nate. And by coffee break, bring me the coffee. Back then, he was brash until nate diaz beat the odds and macgregor r. St tuning defeat tou summer where macgreg quit the ufc, then game kayembe back and now, the bottle throwing incident. But a veteran sport s wants to talki about one employeer, the 600 or so employees, they tell n to fight, what to wear. There shou employeer. Insurance, 401 k . They may end up with a big name in thko maybe i will help spearhead Something Like that, but right now, im focused on the macgregor business. That is ufc this saturday. Three matches being called bad blood. The new owns who paid billions also hope its a good bet. Jane wells, las vegas. New the Ride Hailing Company has tried to sell itself. The companys approach increde general motor, apple, google, amazon, uber and didi. This is the time of year when c of the worlds most classic and ek pension up for auction at pebble beach in monterey, california it is the woodstock for millionaire motor heads. Thousands of the worlds wealthiest collectors rolled in to monterey this week for the d shows, races, parties and the most expensive car auctions in the world. More than 1200 cars are expected to cross the auction block. Over 120 expected to sell for over 1 million, but this years grand total of 370 million is below last years and offers the market like art and other collectibles may be slowing after five year of rapid growth. Th certainly in a lo i thk thats he will. It cant continue to go up. If it did that dramatically, th. I think theres a stabili but i think still, there are going to be some record prices. The most ex 39 alpha roam row. 20 and 25 million. Yet, it could be topd by this 1955 jagua roadster. Its likely to be the most expensive british car ever sold from between 20 and 25 million. One u of the highest profile i newmans porsche. He drove it in 1979, marking the biggest win of his racing career. It could sell for more than 5 million. Even t not street legal. Adam corolla, who owns eight of the race cars, thinks the price 5 million for a car in its licar. Just say what if its going to be worth 11 million in eight years. s also loved this car. First car that Apple Computers helped design the paint job and logo for the car. While it paul nutr porsche, others are calling it the first tru and finally tonight, it has been 12 year google went public. A lot has changed at its name, now alphabet. Ed into different product lines like selfdriving cars. The biggest change is its stock price, up ab since it started trading at 85 on this day in 2004. What a run, speaking of run im sue herera, thanks for joining us. Have a great weekend and donald trump shakes up his campaign and admits regret about some of his harsh words. Hillary clinton climbing in the polls, but cant seem to delete her email controversy. Im ed okeefe, filling in for gwen ifill. Battling slumping poll numbers, donald trump hires a new team of advisers who say let trump be trump. That trump is shifting his message with a markedly different town on the campaign trail. Mr. Trump sometimes, in the heat of debate, and speaking on a multitude of issues, you dont choose the right words, or you say the wrong thing. , and believe it or not, i regret it. Ed

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