i would pass. there are better action management companies. >> i have to get tickers for final trades. >> american airlines. >> wellpoint long. >> cmg, chipotle. >> josh, quick. >> sun power long. >> that does it for us from the robin hood conference. "power lunch" begins now. folks, you are looking there live at the dow 30. you see 27 stocks of the 30 down constituents in the green, chevron, disney, united health, 3 m, jp morgan all leading the way, all have been trading above 2% in the gain column for much of the day. look down there, the lonely three, your bottom three would be mcdonald's, ibm and

coca-cola. ibm reporting weak numbers in guidance yesterday. today coke released numbers. as you can see from stock prices they are tumbling. coke not happy. right now it is down about 6%. ibm down 4% and mcdonald's off about 1% at $90.68. we will focus a lot of our attention on these iconic american companies, the bluest of the blue chips. the problems many big caps are having and maybe leave you to big caps of the future. sue picks up the story from there at the new york stock exchange. >> with the market up triple digits, mcdonald's, coca-cola and ibm not participating. the big question is can the companies and the stocks that we have all known and held for decades either as individuals or major components of our mutual funds reinvent themselves so that we can reinvest in them and

how they are going to do that is the big question and the theme for us this hour. bob is here on the floor. coca-cola disappointing, mcdonald's disappointing and in some cases the guidance isn't good. >> this is alarming, three big companies. what is going on is that these companies are losing market share to more nimble competitors. take a look at coca-cola. 5% down in europe here. did you look at pepsi's comments? they had great comments. they didn't blame slump in global economy. they raised their numbers. more nimble competitor. mcdonald's down 4.1%. they missed on the top and bottom line. they have companies like chipotle nipping at their heels. chipotle sales were up 20% of

more nimble competitors. sure they said ibm sales were slowing down and services were slowing down. there were smaller companies that were much better in the software and services area. you have to be quick here and move things around. i want to point out market is still up today. same trend we saw yesterday. three big trends are fed is still going to remain dovish. everyone believes they are meeting next week. oil has stabilized around low 80s. ebola fears dropped off. the oil stocks, $50 billion exploration and production company. look at the drop last week and now it is almost back to $100 again. same situation with the transports. 8,500 two weeks ago and suddenly down to 7,800. it is almost back to 8,500. there is the dow transports. >> that is the volatility. >> home builders. don't hit the panic button.

home builders dropped 10%. they were $30 and then to $27, 28 and now back to 30. you hit the panic button at 27. >> absolutely, bob. i will see you in just a little bit. with the market up 149 points now dom chu has market flash. >> this is ocwen tanking after with foreclosure letters. the superintendent of financial services is demanding the company fix systems without delay. the stock had been halted twice already at least for volatility. you can see down by about 25% off of session lows but still a very big move for ocwen financial. >> the cio of greenwich wealth management. we find out why we want you to

log on to cnbc.com/vote and let us know if you think today's big caps will be relevant in 25 years. good to see you again. welcome back. >> thank you, sue. >> after the drubbing that ibm got yesterday why do you still like it as one of your top ten holdings? >> ibm is famous for reinventing itself. that doesn't necessarily mean it will do it again. i think there is a good chance that five or ten years from now ibm will be at the top once again. so i think on a day like today and yesterday when they announced these disappointing earnings and the stock tanked i think you want to wait a little bit because there is a good chance the stock will go lower. eventually the company will reinvent itself. you can pick up shares at a pretty good price. i can bet in five years you will be happy with the decision. >> a lot of people feel there is a generational shift away from companies like mcdonald's.

you don't feel that way it seems. >> i do feel that there is a generational shift taking place. it is not just affecting mcdonald's. it is affecting coca-cola. mcdonald's we have a small position in currently but we would consider adding more. the big problems have to do with what is going on overseas. they are having a lot of problems in russia and china. russia, for example, ordered the closure of several mcdonald's restaurants really in retaliation for the sanctions that the u.s. imposed upon it. in china there was a chinese supplier that provided tainted meat to mcdonald's. i think the company will eventually overcome the issues. the company is adding more restaurants world wide and i expect things to level off. >> you would not buy coca-cola. why? >> coca-cola is primarily in the

carbonated soft drink business. i think there is a shift away from that. bob mentioned pepsi cola. pepsi is less dependent upon carbonated soft drinks. coke has not done a good job of diversifying the portfolio of offerings. i would stay away from it for the time being. >> thanks so much. let's lock in the viewer vote. will today's big caps be relevant in 25 years? 50% say yes and 50% say no. that is what makes a market. what do the biggest of the big caps have to do to adapt? an assistant professor of management and organizations at the nyu school of business. good to have you with us. why do big iconic companies like mcdonald's, ibm and coca-cola seem to have such a hard time changing? >> there tend to be two main reasons. they get very efficient about

making decisions that minimize their risk and try to make good decisions for allocating capital. those processes tend to weed out good potentially risky opportunities because they look too risky versus what they have been doing. the second reason tends to be that when firms do well for a long period of time and grow to become big cap firms that creates a lot of political power for the divisions that have a lot of strength. those divisions want to keep the power, resist that change as the market changes around them and that leads to the inursha in the organization. >> they become risk aversed institutionally. >> because by trying to be more efficient in making good decisions and avoiding risky gambles they weed out good risky projects and that makes them look like they are being risk averse. >> what is interesting in the case of ibm i suppose is that one of the classic business school studies has been how ibm

shed its history and moved forward very profitably with the new business model. >> it is absolutely true. when we think of the examples of firms who have reinvented themselves, ibm and the laptop business is a huge example of that. one of the lassic ways that firms can do this is often led by strong leadership of someone with a real vision who can take command and get things done. that was the story at ibm and apple. that only works when the leader is there and when they can actually get their vision implemented. it is a risky bet. >> mcdonald's deserves some credit for reinventing themselves from time to time. as you point out it has to do often with the dynamism and vision of the ceo. that was a hamburger and french fry company that became a breakfast company and a beverage company now moving into

healthier fare. >> at the same time it has been a marketing and customer relationship company. the marketing group which has been a powerful part of mcdonald's has struggled to make connections with the new group of consumers. >> thank you very much. we will have you back soon. >> thank you. we pick up where you left off on the last comment. do companies like mcdonald's, coke and ibm have a generational problem? a milineal retail expert. welcome back. nice to see you again. >> thank you, sue, great to see you. >> our last guest pointed out connecting with that millennial consumer. you say there are two things that the millennials really count on and that is connectedness and context. why is connecting so important to them? >> it's a great question. it really is all about connectedness for millennials. what is so interesting and

unique about the millennials generation is that they value what their friends and family have to say and the community that they trust, their peers, have to say beyond brand and celebrity endorsement. there is an authentic conversation that brands need to engender among millennials to establish that connection. >> in the case of mcdonald's the sales were disappointing, the street is taking the stock out and punishing it a little bit today. has mcdonald's successfully in any way shape or form connected with the millennials consumer? i know they are trying to do so. >> i think mcdonald's is trying to do so. i don't think they are there yet. with coke, for example, i think they do a great job with the share a coke campaign. i think it was a really authentic way for the brand rather than push marketing. they made the community a part of the conversation and they gave millennials an authentic way to engage with and connect

to their brand. i think the question for brands like coke and mcdonald's with regards to the share a coke campaign is can they create an ongoing conversation or just these one off campaigns. >> nice to speak with you again. thanks. thank you very much. which companies could potentially leap frog mcdonald's, coke and ibm and maybe take their place in the dow. dominic chu takes a look at potential names here. this is an interesting academic exercise. >> more than anything else it is one of speculation. nobody knows what will happen with the dow but we know some of the larger companies have nimbler companies nipping at the heels. let's take a look at big guys here. there is coke. $180 billion company. it is massive. here is the thing. they have grown net income

profits on a five year compound basis 8% per year. that is very respectable. take a look at this. a nimbler competitor, monster beverage has grown profits 26% per year. coca-cola made an interesting investment. they bought a piece of monster and they want a piece of that action. maybe at some point it gets bigger for them. take a look at number one here. this is mcdonald's, $90 billion market value. it has grown profits 5% per year. now, take a look at chipotle. $19 billion company but it has grown paufts at 33% a year. if it can keep that pace or slow it down and maintain a healthy clip this could be a big company in the future. and then we finish off with ibm, $164 billion with all of the drops that we have seen.

it has grown profits 6% per year compounded over the last five years. here is a company that is not smaller but vastly larger. apple. we always talk about apple. the largest company publically traded in the world. check out the profit growth rate. 47% per year. it's one of the reasons why a lot of investors look at the growth story as driving valuations. it is all about whether or not they can keep the pace going forward. larry kudlow used to say profits are the mother's milk of the stock market. if the profits can be there in the future -- >> it was not a good dow candidate when the stock was $700 because it is a price weighted index. now at 90 it might be a little more appealing if it ever comes to a change. >> that is all about s&p and dow

jones indexes. we will take a look at shares of harley davidson. the motorcycle company out with earnings today. the stock is up 6.5%. we are going to talk to harley's president in just a few moments. morgan brennan is here with the latest on the report. >> it has been a rough year for harley. we saw sluggish sales that led to inventory buildups, bike recalls and increased competition. analysts expected lower profit, lower revenue and lower shipments this time around. here is why the stock is moving higher. people are buying bikes again. retail sales of new bikes grew 3.7% world wide. that drove past expectations and up 3.4% here in the u.s. which is harley's biggest market. while the more classic bikes continue to be best sellers the new street bikes geared towards younger urban demographic added to sales particularly outside

the u.s. in markets like india and southern europe. street bikes are important because it is part of the strategy to make up for a diminishing core customer base. harley says the new outreach groups grew at more than double and the new electric prototype to expand to canada and europe. the stronger dollar which was a big topic, harley says foreign currency exchange was unfavorable in the quarter and could significantly impact revenue in 2015 if that continues. sue, back to you. >> we will talk about all of that. thank you so much. the president and coo of harley davidson joins us from wisconsin in a "power lunch" exclusive. >> thank you, sue. >> let's pick up where morgan

kind of left off. people are buying bikes again and it is interesting because your product is not a low price point product. we see the consumer kind of shying away. retail sales have been very uneven in many different sectors of the economy. why are they buying bikes again? >> you know, we think the harley dream really is hatched years in advance when people purchase. i think what we are seeing coming out of the recession in '09 is the continued interest and strength in the brand that people as they get more secure in their jobs and feel more confident about their future particularly here in the united states that they are executing on that dream. we are offering products like never before that help compel them to be a part of harley davidson. whether it is rush more or the new street motorcycle really driving a lot of renewed interest in harley davidson. >> when i last talked with the

chairman and ceo a couple of years ago he was just embarking on this move to diversify the product line and the street bikes obviously are doing quite well. we see that where analysts stand after today's reports we have nine buys, six holds on the stock, no sells on the stock. one of the reason analysts are citing the fact that they would not put a sell on the stock is because of the diversification of the line. how important is the street bike to harley? >> what we have is a strategy we call fattening the tails. you think of a bell curve we are investing in product development to lift both ends to keep the core traditional riders riding with us longer and coming back. the rushmore product absolutely does that but it does more, as well. and then the street product is really tailored to that lower end of the bell curve to get people to enter the sport and in particular enter our brand earlier because we have seen that we have incredible loyalty

and passion that we are investing and maintaining obviously to keep them with us throughout the whole motorcycling journey. >> have you had pushback from the loyalists who buy the touring bikes and remain loyal to harley as an iconic brand by launching live wire in the street bikes? >> you bring up a great example where you expect the loyalist to go what is that? it is a departure from the norm. they see us investing in the pruks that they love and they see live wear. we have had over 3,000 folks in the united states demo live wire on the street. these are folks from competitive brands or people from harley, loyalists, traditionalists. they are blown away by the product. they get off grinning ear to ear. the most common comment i hear is i want one. this is how we invest in the product to excite the emotional passion that the customers have. we are looking at us doing a

wonderful job of expanding the reach and the impact of the brand. >> you do have very stiff competition in polaris. how do you remain relevant to those who maybe wouldn't have looked at polaris before but now they are for their products? how do you stay relevant in that kind of a market? >> we do that by staying true to who we are. we have one of the most legendary brands. people recognize us for authen tisity and commitment to the customer and customization of bond that the riders have with one another. then they see us making investments in product that really raise the game of what they can get from harley. the competition is good for the industry and good for harley. it keeps us on our toes. we are excited about what is in front of us. >> talk to me about the currency. the u.s. dollar has been on a tear. you use the word significant in the conference call that that could be a significant head wind. how worried are you about that?

>> we obviously have our hedges in place which protect us in the near term and then we are watching it very carefully. we are seeing the volatility and the unpredictable nature of it. we will have to be on our toes and do everything possible to offset the impact of the stronger dollar on our business. >> thank you so much. pleasure to have you here. >> thank you, sue. >> tyler up to you. a french oil tycoon dies in a horrible plane crash in moscow. the tragic circumstances that led to the accident. we will have the latest details there. and then the exclusive interview with the hedge fund titan, einhorn. financial noise

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welcome back to "power lunch." a strong day for the dow near session highs. we will call it leading the blue ship index higher. chevron, boeing, home depot and 3 m. there are three notable laggers, coca-cola, ibm and mcdonald's all on the down side. >> thank you. more companies to talk about. lockheed martin using ground despite reporting better than expected third quarter earnings. kimberly-clark cutting guidance

for the year. verizon falling shy of estimates. the revenue essentially in line. thank you. the ceo of the french oil giant was killed monday when his plane hit a snow plow at a moscow airport. this is a tragic story. >> terrible, terrible. he was 63 years old, extremely well known in the international oil industry and described as outspoken and charismatic. he died when his private jet took off on attempted to take off from the moscow airport but crashed into a snow plow. a crash investigator told reporters the snow plow driver was drunk. the lawyer denies that. the plane's three crew members were also killed. he was known as the big mustache. you can see why within the company. the ceo of sherival called him

friend. a market cap of $130 billion. in a news conference the secretary general said the governance committee is meeting to discuss a replacement as soon as possible. reuters reports he was in moscow to attend a meeting at a home of prime minister along with 30 other business executives. he was against sanctions being posed against the west. investments in russia would be fine in the long run. >> yes, of course, what is happening is having an impact in terms of tension between countries. we cannot say we like it, but at the same time as a company, as long term investors in russia we don't think it will have an impact. >> he was eager to reinvest in iran. >> interesting story. thank you very much. sue, down to you. back to earnings.

apple reporting blowout earnings. profits soar. what is ceo tim cook thinking right now? he spoke to our josh lipton. >> sue, tim cook saying demand for that new iphone 6 is in his words off the charts. he says this holiday season could be apple's best ever. more from my chat with tim cook when "power lunch" continues. the cnbc trend tracker live data board is brought to you by the cme group. when change is in the air you see things in a whole new way.

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welcome back to "power lunch." check out what is happening with omeros. taking a hit by about 10% after it suspended a mid stage trial of its experimental huntington's disease drug that causes progressive degeneration of certain brain cells. the stock is down 10%. this is one of the smaller cap bio technology companies. >> good point, dom. a slew of price target hikes. goldman sachs raised the target to $124 a share from 115. morgan stanley raised its target to $115 a share with an

overweight rating and canaccord. shares of the tech giant continuing to rise in the trading session. we heard what the street had to say, as well. the stock is now up about 2.5%. let's go to san jose. over to you, josh. >> in my chat with tim cook he sounded very bullish, an upbeat tone that investors are clearly picking up on today. apple stock moving higher, as you mentioned. it is up over 25% this year up nearly 40% in just the past 12 months. apple's latest results included only about a week or so of iphone 6 results. cook tells me demand for the new iphones has been very strong. he is also excited about the initial roll out in china. besides the iphone the mac strong at 5.5 million units. that was the best quarter in mac's history.

the mac does represent about 12%. a different story for ipads which continue to sputter. cook says he remains bullish on the tablet pointing to the new ipad air 2 which was introduced last week and the new partnership with ibm designed to get more ipads into the enterprise. all of that news in the rearview mirror. what about guidance for the first quarter? apple predicting revenue up to 66.5 billion. suggesting about 62 million iphones for the quarter. appletypically beats or comes in at the high end of guidance. >> thank you. also on the tech space yahoo reports earnings after the bell. we will be all over it with instant analysis and reaction as soon as the numbers cross. scott is over at the annual

robin hood investment conference and interviewed david einhorn of greenlight capital. >> that is the best part of being here is you get to run into and speak to some of the world's best investors. we did catch up with exclusively here on cnbc with greenlight capitals david einhorn. he made news when he announced he is opening up the fund. we asked him what his outlook was from where he thinks stocks may go. while there has been a lot of volatility perhaps investors have been nervous by that he however has been ready to pounce on new opportunities. here is what he said. >> the last few weeks have been a little bit choppier. there have been opportunities that have been presented by some selling that is going on. there have been people caught up

in particular positions and caused them to sell maybe other positions. and we have been feeling fortunate because it was very hard a few months ago to find opportunities. in the last couple of weeks we have been able to pick up a bunch of things that we are pretty excited about. >> he was very happy about the results from the quarter. so naturally i asked him whether he still believes apple can deliver up to expectations and clearly he thinks they can. >> apple is right now working pretty much on all the cylinders. there is probably more good things that they will innovate and grow in the future. now pretty much everything they are doing is going well. top line is growing and margins are expanding. buyback has made a difference. it added about seven points in the quarter they announced. it seems likely they will continue doing these things. >> we will be speaking to another big apple shareholder a

little bit later on today likely in the 5:00 hour. carl icahn will join us. einhorn remains bullish on micron. sun edison, a solar company and then long bets on greek banks. clearly believing that the worst there is over. we shall see. >> long bet, maybe long shot but sometimes they can pay off in the right hands. scott, thank you very much. we look forward to see you chatting with carl icahn later. let's talk metals. let's look at where gold is up just about $7 on the trading session. others all basically in the green with palladium market with a very good gain. out to chicago where rick santelli is tracking bond

market. >> with the big gains in the equity markets you would think that the treasury complex would see bigger price drops but not the case. we are pretty much unchanged on most maturities. three weeks into october let's look at month to date charts quickly and you can see how the markets are so correlated. if we look at the ten year we can see we had a drop and recovered. look at the dollar index how it is tracking. look at the patterns. look at the dax. look at our s&p 500 index. last and certainly not least look at boon deals. we are all in this together and the markets have a distant memory of wednesday. something changed. that is the outlook for raising interest rates. many don't think 2015 is in the cards for any interest rate policy. we are up almost 190 points on the dow jones industrial average. the stock market is rallying. mcdonald's ibm and coke the big

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welcome back to "power lunch." a very good day for the tech sector on positive earnings news and on the likes of apple and texas instruments. the nasdaq up about 2% leading the nasdaq 100 higher. illume nuon strong earnings. a good day for technology stocks. over to mary thompson with breaking news on apple. >> apple saying it is aware of intermittent organized network attacks on users trying to sign into i cloud.com. apple says servers right now have not been compromised. the company saying that it is aware of intermittent attacks on users who are trying to sign in. additionally apple's statement makes no mention on china, some earlier reports said maybe the attacks were coming from china but the apple statement does not

indicate that. and so far it is not impacting the stock because it is still up 2.5%. with the dow up 185 points on the trading session the stock market is rallying despite disappointing earnings from the likes of mcdonald's and coca-cola. the dow seeing the triple digit gain while coca-cola having the biggest one day decline. is there a fundamental shift in consumer behavior? joining us now is david mcewen of american century investments and jack is back with us, executive vice president. thank you both for joining us. i appreciate it. >> david, let me start with you. will this be a drag on the big caps overall or is it simply company specific today? >> there is still good pockets of opportunity out there.

same store sales up over 15% year over year. for the ibms losing business to the cloud type companies we like google. there is definitely still opportunities in large caps. >> do you agree with that? we talked a lot this hour things taking place. >> i wrote about it this morning saying that not only are certain investors and companies like mcdonald's, like coca-cola really on the wrong side of these sensibility shifts as millennials take a bigger role in society, but i also think in many respects the federal reserve is, too, having enticed borrowing with low interest rates. what we find is that a lot of the millennials are selling

400,000 fewer homes than what economists would suggest and they are not taking on debt. i think they have seen what has happened with their parents' situation and don't want that to happen to them. just like with mcdonald's and coke i think it is permeating the financial markets, too. >> let's take a look at what you like in this market. if you were to put new money to work you like the new media. you like pepsi and chipotle. you mentioned chipotle a little bit earlier. what is it about the new media that attracts you? >> it says advertising moves from traditional sources to online. that is a huge shift in our economy driven in large part by the younger generations. that is having an enormous impact on companies like google and facebook can really capture that move. really how investors approach really depends on how much risk they are willing to take. i think that is something

investors need to think about. >> let's take a look at what sectors you like specifically finance and health care. you do not hold mcdonald's and coca-cola. why financials and health care? >> a lot of it is because health care and financials are cheap relative to their peers. i think the fed is going to be on the sidelines for as far as the eye can see. we do not see rising rates from the central bank because they are just so frustrated with the lack of takeup going on with debt and what we will call this organic recovery rather than debt induced recovery. that means perhaps reits and perhaps emerging market stocks. everyone hated emerging because when the fed starts raising rates liquidity will flow out. >> david, jack, thank you very much. appreciate it. take a look at these dates,

1929, 1999 and 2007 and right this very moment, this date. what do all of these years have in common? go to cnbc.com/vote right now to find out what we are talking about. join the conversation. "power lunch" will explain when we return. act i. scene 3. open port twenty-two-oh-one-seven on the firewall for customer db access. install version two-point-three of db connector and ensure verbose flag is set in case of problems. (clapping sound) isn't the cloud supposed to make business easier? get the one that can connect to the systems that you already have. today there's a new way to work. and it's made with ibm. in a we believe outshining the competition tomorrow quires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different -

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welcome back to "power lunch." a nice rebound for big oil companies. exxon mobil, conoco all moving nicely higher as a result of the stabilization. important dates in the market. 1929, 1999, 2007 and right now. they all have one thing in common, an alarming gap in the economy between the rich and the poor. is today's wealth gap a dangerous sign of potentially a bubble about to burst. go to cnbc.com/vote and let us

know what you think. robert frank here with some of the details on this. >> you have heard of the wealth gap. this is called the wealth to income gap. it is sending us a warning signal. the ratio of total wealth to income to the u.s. and went back to 1900. it is at the highest level since 1929. the normal ban for this is between four and five. there are about four periods over the last century where it spiked above six. those are 1929, 1999 and 2007 and today. all of those spikes were followed, of course, by big market falls. the question is whether this is the latest sign of a bubble. it says this is a worrying signal given that abnormalally ratios have signaled recessions. the good news is that americans are getting wealthier. household wealth is up 50% from the worst of the recession in 2008 because of the stock market. more than two-thirds of the

growth last year came from stocks and financials. income is basically flat. the other big signal is for inequality. you had a recovery where those who have had financial assets have seen wealth grow. this could play itself out. incomes could rise and we are fine. when you see this number above six that is a big warning sign. >> i was going to ask you on that graph where you said the warning sign is above six does that mean wealth is six times the median income? >> total wealth, total income usually between four and five. we are at 6.5. the last time we were at this level was 1929. >> robert, thank you very much. let's lock in the vote. is today's wealth gap a dangerous sign of a bubble about to burst. 69% say yes it is. 31% say no. >> something to watch for certainly. coming up, ready, jet set

go. phil lebeau is live in orlando in what is fuelling the boom in private planes, talking about income inequality, phil. >> reporter: some call it income inequality. if you have $16 million this might be the plane for you. this is the new citation latitude. what is the outcome when it comes to business jet market? we will talk with the head of the aviation division when "power lunch" returns. ing u.s. is now voya. changing the way you think of retirement. there's a difference when you trade with fidelity. one you won't find anywhere else. one-second trade execution. guaranteed. did you see it? in one second, he made a trade, we looked for the best price, and the trade went through. do the other guys guarantee that? didn't think so.

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to kate kelly with breaking news. >> thanks so much. the founder talking about amgen, they are long and bullish on. they disclosed having a relatively small position as of the second quarter but apparently built it substantially. stock up more than 4% on the news. that's the robin hood conference where dan lobe is in the middle of his presentation i understand. let's go to sue. >> amgen spiking up 4%.

illu illu illumenagetting up graded. the major airlines raising the average price of round trip fare by $4. six years after the business jet market imploded the market is flying high once again. what is fuelling it this time again? phil lebeau is live in orlando, florida. >> reporter: tyler, i want to bring in scott earnest who is the president and ceo of textron aviation. is it back? is it fair to say the market is back? >> i would say the market is coming back. we are starting to see incremental optimism and starting to look at oil and gas markets, real estate, auto. we are starting to feel traction and feeling good about the positive momentum.

>> $16.25 million. whenever you see people come off of there, these are legitimate buyers who are looking at this. >> absolutely. this is a phenomenal plane for us, flat floor, standup cabin. does 2,700 nautical miles. it is a true business productivity tool. >> there is a lot of talk about boom and bust and whether or not we are in the midst of a generational shift. does the younger buyer out there whether in business or extremely wealthy do they see the value in business jets as some of the older generation has over the years? >> i think we are starting to see that those individuals are starting to take traction with that. the face-to-face is a very important part of business and the ability to grow your individual items. we are seeing good traction there. >> scott earnest, president and ceo of textron aviation. what is the one segment you are seeing a lot of interest? autos, dealers.

they have money and want to visit dealerships. >> fascinating stuff. quick market flash. >> ocwen financial responding to charges of back dating borrower correspondence. it said the letters were inadvertently sent out due to software errors. the stock was halted three times for volatility down about 16% but their response. as we begin to wrap up this hour of "power lunch," sue, you have notes for us? >> the market is strongly higher in today's trading session. the dow jones industrial now up about 187 points better than a 1% move. the nasdaq is very strong with the composite trading up almost 90 points. it is the percentage leader so far in today's trading session. and the s&p is also trading on the strong side. we also see the transportation

average up better than 200 points. we are up 202 points on the trading session. a lot of people pointing to the recovery after the drubbing that we saw last week. and the ten year note the yield is just above the 2% mark. >> let's take alic at amgen on the news that kate kelly reported. you see it moving up about 5%. i should point out that our geovonny moreno told us the markets are up about 6% from lows last week. that will do it for "power lunch." >> "street signs" begins after a break. can you start tomorrow? yes sir. alright. let's share the news tomorrow. today we failrly busy. tomorrow we're booked solid. we close on the house tomorrow. i want one of these opened up. because tomorow we go live... it's a day full of promise. and often, that day arrives by train. big day today?

even bigger one tomorrow. when csx trains move forward, so does the rest of the economy. csx. how tomorrow moves.

what a difference one week makes. stocks soaring again as talk of europe printing money heats up. is it time to put your money into france? >> maybe but for the moment we are seeing money being put into the usa. we are witnessing the strongest four day winning streak since february. it is the second best day of the year for the