Seeing weakness with its supply chain orders, down 3 . Moreover, the Company Makes a big bet with the release of its ipad pro with that apple pencil. We will tell you what to expect. You like that pencil, dont you . I think it could really be something. I do. I have my eye on that ipad pro, we will see. Jpmorgan has the latest target of a massive hacking and fraud attack, u. S. Prosecutors unveiling criminal charges just a couple of hours ago. We will bring you the latest developments on yet another corporate hacking going on. And tmobile, mean while, saying customers can watch netflix and hulu without using data from their tmobile plans. Here to explain who will have to foot the bill no other than tmobile ceo john ledger himself and a first on cnbc interview coming up. Who is going to pay for that . Lets start off with mcdonalds. Courty reagan has sales on this announcement. Moved the stock initially but its come back again. Mcdonalds wasted no time as they began the companys investor day highlighting the news out of that ongoing event. They are aiming to refranchise 4,000 restaurants. The company increasing its g a savings target to 500 million, mcdon has not decided to pursue a reit structure, mic don increasing its Fourth Quarter dividend by 5 and returning cash to shareholders upping that amount to 30 billion. The majority of the incremental 10 billion in cash return is being issued is done by issuing additional debt. Mcdonalds had predicted that that would lower its Credit Rating by one notch at s p and at moodys and instead s p is lowering mcdonalds corporate Credit Rating by one watch from a minus to bbb plus. The move to all Day Breakfast is encouraging. U. S. President mike andres calls this the next growth platform. Mcdonalds seeing 15 of food purchases outside of that breakfast day part including now a breakfast item. The rest of the days average check is now higher among those purchases all Day Breakfast entrees and mcdonalds is changing the recipe for its egg muk mufb they did that early and said sales for that item up 21 in that month compared to previously. We also want to make sure that you tune into squawk on the street tomorrow for the interview with mcdonalds ceo steve Easter Brooke. Again, the conversation with investors still going on actually for another two hours you might just see me again. And courtney, i wonder go ahead. You first. We are probably thinking the same thing. I was going to go there but im going back for a second to the real estate. To ask a serious question. Okay. Im just wondering if we really put this issue to bed, it didnt sound like a vehement kind of this company will never pursue this strategy so much as weve decided no to do this right now. After a robust discussion, clearly it was not a unanimous decision. Actually, mcdonalds is pretty well into the details they laid out, all the assumptions that were looked at with the numbers, these are the things that we had to consider, they went through a number of slides, they talked about it in depth for six or seven straight minutes, said we talked about it with our advisors and decided its not beneficial for shareholders right now and told us why it wasnt. Does that mean thats a forever decision . Maybe not its hard to say what could be forever but they did want to hammer home the reasons why they decided to go through with this. I think to at least put it to rest for right now, because its not something that this he apparently want to go back and look at after theyve made their decision. I will ask the frivolous question. Theyre changing the recipe of the egg mcmuch, you have egg, you can muk muffin, what are you changing . I heard it was the butter. Thats exactly it, kelly. There has been a butter change, i believe the meat was changed in some way and that happened in Early September before they made the move to the all Day Breakfast. The early change when they saw that uptick in same store sales they are attributing it to the recipe change for the egg mcmuffin rather than the all Day Breakfast. My question was actual to be what breakfast item are people ordering with their lunch and dinner meals. Is it the hash browns, is it pancakes . They called it they referred to them as entrees so i would assume actually thats more of the sandwiches and the hot cakes as opposed to Something Like hash brown. Courtney, thank you so much. Inquiring minds want to know. Now to apple which is putting the biggest drag on the dow right now, onforth, whats going on . How bad is this slow down on the sales . I expect just as many questions on the iphone as the egg mcmuffin. Apple is down 3 . The main drag is Credit Suisse report on iphones saying orders at suppliers are down and reading that through to mean demand is weak perhaps for the Holiday Quarter and quarter after. If this sounds familiar it is. Tim cook warned months ago about trying to read too much into bits of data from the supply chain making the point that the supply chain is big and broad and reading into one or two pieces of data can be misleading but that hasnt stopped the street from trying. Nervousness around demand for the iphone has been pretty big after at t and verizon both said in the last quarter not to expect growth from smart phones in this Holiday Quarter because the u. S. Market overall is maturing for those. Important to remember, though, tim cook did say in apples Earnings Call that iphone will grow in revenue and units in the Holiday Quarter, the question is what happened in the march quarter and thereafter. Of course, apple sells more than iphones, macs have been doing well, but the bulk of revenue and an even bigger share of profits from that iphone. I was surprised that he talked about the pc being dead. I mean, first of all, thats not really up for debate anymore the pc is not dead. Thats what i was going to say. There does seem to be in other words, the pc as the one answer to anybodys computing solution obviously we are not in those days anymore, but for the rest of us who have to do work every day, theres no better solution as far as im concerned. If you look at the ipads units of sales and even its revenue its been on a steep decline, steeper than the pc lately. Theres less reason than weve seen in recent quarters, say the last couple years, to believe that the pc is dead. It could be the contrary. We were just looking at the ipad pro. Is that going to save that category do you think . I will put it this way, this ipad pro costs significantly more than past ipads and its a lot bigger. You are no the carrying this around in your purse or backpack. I dont know how many people have said i would get an ipad but i just wish it were bigger and more expensive. Bill, what do you use at home . I am a pc. At home. Tablet hasnt supplanted that yet. You. A little bit of both. For various reasons. The pc is the better way to go when youre writing, you know. And were seeing some mojo in microsoft shares, that and the cloud. For now jon, thank you. Apple is down 3 as this market prod bli speaking the dow trying to hold on to a 19 point gain, the s p up doenl 2. 5. We have ben willis, he is with us at post 9, marty partell and mississippi in chicago. Ben, is the market finished filling sandbags getting ready for that first rate increase next month . No. Im of the mindset and the school of thought that letting the fed natural lies rates is a positive for equities. The overriding effect on the stock markets and the bond markets are the Central Banks led by the fomc. Were seeing tremendous amount of flows into the etfs because of the indecision by the fed has led once again for the Fund Managers that are active managers having to come out of risk trade thats coming off the tape and the individual investors are flowing into funds, mostly the etfs, mostly healthcare, the financials and the like seems to be the ben factors of the flow, but the fact of the matter is Rising Interest Rates are a function and an indication that the economy is doing fine, which is a reason why you should be buying individual stocks and for that matter those companies that are american centric, the particular has put pressure on some of the major indices but that being said we are not talking about a tightening to try to restrict run away inflation. I was here when paul volko raised the rates to record numbers, we are nowhere near that. The idea of letting rates normalize and come to a natural level i believe will release some of the animal in the market and force people to make a decision and to invest in the market rather than sit on the sideline on their hands. Marky, this is a market where we are seeing the biggest names in the index really propelling all of the gains for the year. What strategy are you guys using . Are you taking with what works, the apples, alphabets or amazons or at some of those names that should do better because they are not as exposed to World Economic tensions . Its a feeling argument to go down on this capitalization side. I think the market by the fact its narrow and the stocks are leading means its a risk adverse market you are better off nft larger capitalization companies, in other words, the safer companies and thats what the market is saying to me right now. Rick, a strong ten year auction today and then yields fell right after the results came out. Whats going on there . I think yesterdays high water market for this mark was an intraday yield in ten. I think its normal, comes back a bit. Tomorrow, veterans day, the bond market is closed, equities have something to do with it. I enjoyed length to what ben willis said, it reminded me of something i did last night, i watched two crumby football teams, san diego and the bears, somebody has to win but its a lot like said policy, this raising of Interest Rate isnt necessarily good reasons because the economy is heating up its to correct something thats wrong, i think theres a big difference there. I do agree with ben in the grand scheme of things its much better for the system, but part of that system are equity prices and i think that a lot of volatility is going to happen. Ultimately it will be better. We wont misallocate capital, we will price capital much more appropriately, but in the near term, in this, you know, Immediate Gratification society we live in i think its going to be a bumpy ride. What do you make, rick, of neil crashcari going to indianapolis fed. I dont know. Theres one word that always comes up when somebody talks about these issues, goldman. I dont have feelings about it one way or another, i know he was appointed to tarp but tarp isnt something that i look at with fond memories, i guess no comment would suffice. Last question, ben willis. What are you watching whats the next catalyst for this market . Were kind of drifting here. Again, if we go back to the market of stocks weve seen incredible volatility individual names whether it was ibm yesterday or Apple Computer today. So those are the factors in that, but again, what were seeing right now with flows, very significant flows into etfs, that would be healthcare, that would be the financials and the dividend plays. You guys like healthcare, marky . Yes, we do. We think its a longterm growth sector. Its one of the few industries or groups, if you will, that are on the plus side for the year still right now even though you see major volatility in the likes of valeant and mallinckrodt, the healthcare has still been the obamacare issue has made that entire group get paid which is why its performed so well. It is more than just two stock even though getting all the attention right now. Thank you all, folks, good to see you. We appreciate it. Go bears. And we have about 45 minutes to go here. That was a football reference by the way. Football, yeah. Dont worry, everybody. The dow is up 23 points, the s p is up only about 3 on the session, small caps slightly higher and the nasdaq is down by 12. Good catch. Up next, a dozen financial and publishing firms hacked. Information on 100 million customers stolen. We will have details on criminal charges filed today in the largest cyber breach case ever. Tmobile ceo john ledger talking up his companys newer push to offer his customers streaming Services Like netflix and hbo without stocking their data plan. Stay tuned. At ally bank no branches equals great rates. Its a fact. Kind of like playing the boss equals the boss wins. Wow nobodys hurt, but there will you totalstill be pain. New car. It comes when your Insurance Company says theyll only pay threequarters of what it takes to replace it. What are you supposed to do, drive threequarters of a car . Now if you had Liberty Mutual new car replacement, youd get your whole car back. I guess they dont want you driving around on three wheels. Smart. New car replacement is just one of the features that come standard with a base Liberty Mutual policy. Learn more by calling switch to Liberty Mutual and you can save up to 509. Call for a free quote today. See Car Insurance in a whole new light. Liberty mutual insurance. Welcome back. The dow is just slightly higher right now, up 29 points, but way fair is sharply lower, down 12. 6 , results for the online home goods retailer did beat street estimates with losses narrowing for a third consecutive quarter, but some short sellers question way fairs chances of ever breaking even as it competes with the likes of amazon and home depot. I thought they were another target of citron, didnt we talk about that earlier this year . Jpmorgan chase has been hit by hammers in whats been called the biggest bank breach ever. Eamon javers has more details now. Its not just jpmorgan we learned today the scale of this hacking enterprise alleged criminal enterprise that was unveiled today by u. S. Authorities is simply breathtaking, its global, they say that the three men who they indicted today were involved in a scam that included hacking of Financial Firms like jpmorgan, also the wall street journal as well as a whole array of other alleged crimes including processing credit card payments for illegal pharmaceutical sales, running illegal online casinos, hacking around the world into Software Companies and also running an improper bit coin exchange, all of it they say done based out of the United States, israel and russia, here is how u. S. Attorney bararra explained it earlier today. The conduct alleged in this case showcases a brave new world of hacking for profit. It is no longer hacking merely for a quick payout, it is hacking in support of a diversified criminal conglomerate, it is hack to go locate victims, spy on the competition, to maximize profit. In short, it is hacking as a business model. And, guys, i want to bring you inside this indictment and give you one detail that shows what life was like for these alleged hackers inside this igs pra. Here is a Little Exchange between two of the alleged coconspirato coconspirators, the first one says, look, is it really popular in america buying these stocks . The second one replies, its like blinking freaking vodka in russia. Obviously these guys knew their market here in the United States, they were involved in allegedly pushing out pump and dump style emails to millions of americans promoting various stocks, getting in and out of those stocks causing the volume of trading and prices in those stocks to fluctuate, all that now the United States has come to an end, at least in the case of this particular global conspiracy, guys. You know, preek makes it sounds like hacking is becoming institutionalized. They are developing an infrastructure thats going to be very difficult to compete with, right . The fascinating moment for me in this press conference is when he conceded that a lot of the really sophisticated global hacking attacks that weve seen just dont get prosecuted, the criminals arent brought to justice. He said in this case they are and he hopes that this represents a turn around here of the u. S. s ability to go after this around the world, but this involved, you know, a computer server in egypt, hacking into jpmorgan and there was a bank account in south america and in the United States, it is truly global and that makes it very difficult to prosecute. Those of you who have seen the new james bond movie, spectre, its all about Cyber Security. Is it really . Yeah, it is. The head of a sinister organization that is looking to take over the world using Cyber Security breaches and things. Not too much of a stretch. Yeah. Thanks, a mon. You bet. Er see you later. That wasnt the best part of the movie, yet. 40 minutes left in the trading session, we are up 18 points on the dow right now, the s p is up 2, nasdaq down 14 points right now. Speaking of banks, up next the ceo of one of the largest banks in canada will be here, we will get his reaction to the International Energy agencys prediction that oil prices could remain stuck between just 50 and 60 a barrel for some time. Also, black rock president rob capito will speak to us about his Market Outlook for the rest of the year. Stay tuned, more closing bell coming your way. When youre not confident your companys data is secure, the possibility of a breach can quickly become the only thing you think about. Thats where at t can help. At at t we monitor our Network Traffic so we can see things others cant. Mitigating risks across your business. Leaving you free to focus on what matters most. Theres a difference when you trade with fidelity. One you wont find anywhere else. Onesecond tr