Market. Being a strong developing market. We do have some donut competition around the world. I think you have to come back to the fact that globally, the number one seller of donuts anywhere in the world is dunki donuts. Matt you mention the cold pressed coffee and i know youve recently done a partnership as well with cocacola. How do you see your coffee evolution . Youve moved away from drip coffee and more into espresso and customized drinks. I wouldnt say we moved away from it. Original blend coffee is still a significant part of our revenue. Young people like two things, which we are the Market Leader in iced coffee, and we enhanced our coffee range with the introduction of cold brew. We brought in more espressobased drinks. Millenials like espressobased drinks and maki otto ma cciato. Macchiato. They also like iced coffee. We are not going away from drip coffee, but the opportunity and espressobased drinks and iced coffee is spectacular and is growing. Matt probably because you c
Plus the head of dnc, in the middle of another debate cheating scandal. What todays batch of wikileaks now revealed. Donald trump barnstorming through michigan this hour. Election just eight stays away. Polls are tightening. David very exciting. Back to the market. Dow ending in the red for the Third Straight month is longest losing streak in five years. Fox business contributor is watching action in oil and gold from cme. And Ashley Webster on floor of new york stock exchange. Ashley before we get to anything else, you have breaking news on valeant. Go ahead. Seen stock price tumble down 12 1 2 . Word of a report from bloomberg that says u. S. Prosecutors, now focusing on Valeant Pharmaceuticals exceo, and excfo. J Michael Pierson and exceo howard schiller. They are looking into potential accounting fraud charges related to the Canadian Company hidden ties, it gets confusing but to ties to a Specialty Pharma Company that valeant secretly controlled. In other words were they funneling
Just getting worse by the day. And line. Biggest tech ipo of the year scheduled to trade right here at the New York Stock Exchange tomorrow. We will tell you what to expect. It is going to be the biggest of the year. A frenzy down here. And ghostbusters reboot is out this weekend. The films director who will ring the closing bell today at the Stock Exchange will join us onset. A tremendous amount of buzz on that one particular movie. Its unbelievable. And striking back at times against some of the haters on that one. But we will talk with him in a while about that. Dominik choo, talking about sectors, dom . A lot of people didnt like the stocks. We have another record high on the s p 500 and we are trying to get back and stay in that positiveter tore ary. At these historic levels, it is worth pointing out it hasnt been fun and games for every part of the stock market here. If you look at sectors and stocks left behind, the most recent leg of this massive post financial crisis bull run
Im brian sullivan. It does remain an uneasy market. Investors a wee bit nervous ahead of next weeks fed meeting. Next wednesday is when we get the rate decision. The dow a little change, slightly higher today. Not bad. Oil, though, sliding again, inventories once again a concern. All the major oil stocks are lower today. Melissa . Im melissa lee. Heres whats happening at this hour. Heather brash will appear before the House Oversight committee next week to discuss the price of the epipen auto injector. It expects to complete the takeover of monsanto by the end of next year and roughly 6 Million People from florida to georgia are under a Flash Flood Watch as Tropical Storm julia moves up the east coast. Welcome to power lunch. Im michelle carusocabrera. Dangerous, risky, bubble, some of the biggest names in the financial world weighing in at yesterdays delivering alpha conference saying storm clouds on the horizon for global markets. Storm may already be here. You can look at the enviro
In on the markets right now. Ramy. Head over to ramy im going to call the session on to middle because we have going between the red and the green. You can see that we are pretty much at the zero mark across all of our major markets. Less than a 10th of a percent down across the board here. Some of this confusion might be coming from some negativity and positivity from the u. S. As well as around the world. U. S. Factory output from march down. Output upactory and china gdp up 6. 7 , which is on target. Let us also switch to look at right now and the u. S. Dollar is lower across the board against these major currencies. 1. 42 for the dollarbritish pound and one dollar will get you ¥108 down there. I will also talk about oil because it is on the mind of everyone as we head into sunday as that is going to be the round of the doha conference. Down, but off of the order of nearly 3 here. When it comes around, if those countries do fail to make any kind of freeze, you might expect to see o