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Transcripts For CNBC Power Lunch 20150514

Jumping. Wait until you see whats happening on the ground in iowa. Meanwhile, though we begin with the markets and those 1 gains or thereabouts. Lets get the trading action. Bob is live at the new york stock exchange, Bertha Coombs following the movers at nasdaq. Bob, you go first. Another big story on the floor today is avon. Whats going on with that one . We just had a wild morning here. This post was filled with almost 100 traders. They have halted three times on whats called a volatility halt. That is for unusual trading action. Apparently there was an erroneous and false report that they may have had a takeover offer. Now, were trying to sort all of this out. Again, it appears that it was erroneous and false but the important thing is that three times the stock was halted. The company did not make a clear statement down here so absent that, it couldnt be halted because the company had a statement to make. It could only be halted because we had circumstance breakers kick in as a re

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