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May 12, 2020
05/20
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sara >>>at let ache particlemaker under armour reported wider than expected loss in its quarter withresults on sales dropping 23% as covid-19 is hampering the company's turn-around plans. joining us now the ceo of under armour patrick frisk thank you for taking the time. >> great to see you again. >> so you painted kind of a rough picture of what's going on for you and across retailers just talk about what you're expecting at this point for the second half of the year. >> well, i think what you're going to see now, if china is any indication is a slow gradual opening again of stores. we'll start opening some stores this week, and then we're going to continue to open stores here in front of memorial day and continue into june that's also what's happening with most of our customers right now. so we're going to see a gradual opening, and i think there's going to be a few ups and downs in terms of potentially shutting down stores, reopening stores, but it will be gradual, we believe, and if china is any indication, and we've had a gradual comeback in china, feel good about that, and i th
sara >>>at let ache particlemaker under armour reported wider than expected loss in its quarter withresults on sales dropping 23% as covid-19 is hampering the company's turn-around plans. joining us now the ceo of under armour patrick frisk thank you for taking the time. >> great to see you again. >> so you painted kind of a rough picture of what's going on for you and across retailers just talk about what you're expecting at this point for the second half of the year....
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May 9, 2020
05/20
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BBCNEWS
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it was armoured's family who had sent him away to work.felt it was their only option. do you regret ever sending him away to work? what's the first thing you'll do when you first get home? it's hard to keep children like ahmed from being sent back to work. at the centre's ensured that his parents receive state support and has a stone morning for the future. ahmed's story has come to a happy ending — for now. police tried to track sunita down in delhi, they believe she may be working overseas for a family. as traffickers continue to exploit vulnerable families is hard to see a way out of this trade. for the vast majority of india's missing children rescue 00:03:14,977 --> 4294966103:13:29,430 remains a distant dream. hello. there are lots of weather changes on the way as we go through the rest of this weekend. still some warmth in the day ahead, but it will be turning colder in northern scotland and much colder elsewhere across the uk by sunday. and windier as well. now, what's going on? cold air lurking close to northern scotland saturday
it was armoured's family who had sent him away to work.felt it was their only option. do you regret ever sending him away to work? what's the first thing you'll do when you first get home? it's hard to keep children like ahmed from being sent back to work. at the centre's ensured that his parents receive state support and has a stone morning for the future. ahmed's story has come to a happy ending — for now. police tried to track sunita down in delhi, they believe she may be working overseas...
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May 11, 2020
05/20
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CNBC
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two of the companies you cover under armour with weak sales down 23. at the same time general foods raising their organic guide to 2 to 4 from prior 1 to 2 >> if you're in the cereal business, you can raise your guidance all the packaged food companies are doing better, because the initial pantry loading that some analysts were worried would decline after that initial burst that we saw at the beginning of the crisis has led to increased sales steadily we continue to hear from the ceos, so much so that now the companies are able to revise their guidance for this quarter and often case raise it as we're seeing with general mills today. consumer staples different than consumer discretionaries i spoke to the ceo of under armour it's going to be a slow reopening of retail. in the meantime, most of the stores are closed. under armour doesn't have a ton of international exposure and not as much e-commerce exposure. as far as the overall markets, david, not surprising, perhaps, to see the markets start lower this morning after some of the news flow from the we
two of the companies you cover under armour with weak sales down 23. at the same time general foods raising their organic guide to 2 to 4 from prior 1 to 2 >> if you're in the cereal business, you can raise your guidance all the packaged food companies are doing better, because the initial pantry loading that some analysts were worried would decline after that initial burst that we saw at the beginning of the crisis has led to increased sales steadily we continue to hear from the ceos, so...
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May 1, 2020
05/20
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KPIX
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just six weeks ago he was sending heavy armour to europe for one of the largest exercises since the cold war. >> the toughest decision we had to make was to cancel defender 20. >> reporter: defender 20 meant sending an entire division-size force and its equipment to europe just as the virus was assaulting the continent. >> we just started war gaming. what would happen if we had 15 or 20,000 soldiers in a very close environment and, you know, the virus broke out, how would we take care of them? and did we want to put our soldiers at that much risk for c d we chose not to. >> reporter: you have to curtail training. you have to postpone major exercises. that's got to take a toll on the readiness of the army. >> from where i sit, i'm looking at the long game. and the long game is that we have to protect the force to protect the nation. >> reporter: how big a price have you paid so far? >> i don't think we paid a huge price yet. am i concerned long term? absolutely. >> i'll be honest. it's been a little bit intimidating thinking about it. you train in your career to fight an enemy you can see
just six weeks ago he was sending heavy armour to europe for one of the largest exercises since the cold war. >> the toughest decision we had to make was to cancel defender 20. >> reporter: defender 20 meant sending an entire division-size force and its equipment to europe just as the virus was assaulting the continent. >> we just started war gaming. what would happen if we had 15 or 20,000 soldiers in a very close environment and, you know, the virus broke out, how would we...
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May 4, 2020
05/20
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CNBC
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what do you think of under armour >> as i trade i like it. was in options but didn't work out but trading vehicle i like under armour but in terms of a holder i prefer lululemon. >> bryn to you from ray in los angeles. is new residential investment hope a buy, hold or sell >> it's a buy. i bought it in the mid 6s. it's a mortgage servicing company. the ceo is an excellent ceo. but obviously they're a mortgage servicer company and people are not required to pay the mortgage they have to pay the dividend or yield. it's a flier i they survivor here a great company before all of this and i think we need the mortgage servicers for a long time to be healthy. >> do you worry that the dividend could be at risk? >> it has been it was, you know, prior to this it was a $15 stock with probably a 15% dividend they have already cut it they have a strong company the c-suite has done the right thing. they sold a lot of their mortgages but the government didn't step in and help in general which is a little bit peculiar and we'll see what happens but we can't
what do you think of under armour >> as i trade i like it. was in options but didn't work out but trading vehicle i like under armour but in terms of a holder i prefer lululemon. >> bryn to you from ray in los angeles. is new residential investment hope a buy, hold or sell >> it's a buy. i bought it in the mid 6s. it's a mortgage servicing company. the ceo is an excellent ceo. but obviously they're a mortgage servicer company and people are not required to pay the mortgage...
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May 11, 2020
05/20
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FBC
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just as retail slowly reopens, under armour losing its shirt. at least at this hour, shares of the athletic wear maker are dropping 10%. first quarter sales plunged 23% as thousands and thousands of stores that carry under armour shuttered during the pandemic. the company also warned that the second quarter looks weak as well. >>> let's check out gnc shares right now. even with massive demand for things like zinc and vitamin c during the pandemic, the vitamin giant could not catch lightning in a bottle. today with the stock down 10.7%, gnc warns it may be headed for bankruptcy with looming debt payments. the health retailer also said it's had to withhold rent and other payments to the tune of $16 million this month. >>> even mega-reality star kim kardashian's new game cannot rescue shares right now. morgan stanley cutting the gaming stock which gives celebrities their own game and a portion of the money from it to equal weight, saying that all the benefits of people sheltering in place during the covid-19 lockdown who turned to mobile games now
just as retail slowly reopens, under armour losing its shirt. at least at this hour, shares of the athletic wear maker are dropping 10%. first quarter sales plunged 23% as thousands and thousands of stores that carry under armour shuttered during the pandemic. the company also warned that the second quarter looks weak as well. >>> let's check out gnc shares right now. even with massive demand for things like zinc and vitamin c during the pandemic, the vitamin giant could not catch...
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May 11, 2020
05/20
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BLOOMBERG
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under armour out with earnings as well. let's get right to it. their adjusted loss coming in $0.34 a share, almost double what we had been expected. net revenue for the first quarter coming in at $930 million. that also came in light. they see a significant decline in revenue since mid-march, so no surprise there. marriott coming out with their numbers as well. as you can tell, it is going to be bad. marriott international looks at first court or revenue coming in of$4.68 billion, a decline 6.6% year on year. a really ugly number. they say they had liquidity about $4.3 billion as of may 8, so obviously sustainability and solvency these kind of companies , especially hospitality, as well as airlines, really front and center. all of this really winds up depending on when the world can reopen. let's get to all of our market movie news from new york. in london, u.k. promised her boris johnson announced the first careful steps to easing lockdown rules. he's expected to publish details and a 50 page document today. pm johnson: it is not time to simply
under armour out with earnings as well. let's get right to it. their adjusted loss coming in $0.34 a share, almost double what we had been expected. net revenue for the first quarter coming in at $930 million. that also came in light. they see a significant decline in revenue since mid-march, so no surprise there. marriott coming out with their numbers as well. as you can tell, it is going to be bad. marriott international looks at first court or revenue coming in of$4.68 billion, a decline...
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May 30, 2020
05/20
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KNTV
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team armoured sweekd there co vehicle, we can hear the police officers. let's listen in for a second and see if we can hear what they're saying. >> and jessica. >> maybe my estimate, the police officers who are out here was low. there are a lot of officers, both on this line and on a line that is east of them. block ping people from coming towards this line from that direction. so there are a couple hundred police officers from what it appears, they all have technical gear for obvious reasons and for the most part, it has been -- i don't want to say it's violent. aside from the projectiles, it has been peaceful but that can change. >> i see a disturbance here. >> damian, i don't know if you can see it. but we are looking -- >> the sky ranger. it looks liking a fire extinguisher of sorts. be there were people in a fenced in earlier. we are seeing five or six or ten people with a little flare-up on the side. it seems to be contained by san jose police. this is their concern there are different areas they can go to. there it is, the chopper there on the left
team armoured sweekd there co vehicle, we can hear the police officers. let's listen in for a second and see if we can hear what they're saying. >> and jessica. >> maybe my estimate, the police officers who are out here was low. there are a lot of officers, both on this line and on a line that is east of them. block ping people from coming towards this line from that direction. so there are a couple hundred police officers from what it appears, they all have technical gear for...
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May 8, 2020
05/20
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KRON
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i know that they will be working around the clock to thirdly independently investigate mister armour's death to find the truth. >>officials in georgia are expected to hold a press conference tomorrow morning to explain that they have arrested and charged 64 year-old gregory mcmichael and the 34 year-old travis mcmichael they've been now been booked into jail and the atlanta n double acp says plans are in place for a massive rally and protest tomorrow. demanding justice for the our furry family. ahead tonight in sports. the forty-niners their 2020 schedule is now art out our carpet or breaks down the road for the niners says they want to get back into the super bowl. and coming up traffic has been nearly nonexistent in the bay area find out what a new study says we will take a live look now at the san mateo bridge and traffic that has been virtually nonexistent for so long no issues there on 82 going in either direction right now what would be sort of the tail end of the crush of the evening rush hour. but during this pandemic there has been basically no traffic in the bay area because
i know that they will be working around the clock to thirdly independently investigate mister armour's death to find the truth. >>officials in georgia are expected to hold a press conference tomorrow morning to explain that they have arrested and charged 64 year-old gregory mcmichael and the 34 year-old travis mcmichael they've been now been booked into jail and the atlanta n double acp says plans are in place for a massive rally and protest tomorrow. demanding justice for the our furry...
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May 11, 2020
05/20
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CNBC
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under armour shares are down after the company is out with its quarterly results.our losing an adjusted 34 cents a share that was double what the street had been anticipating. i think the street was looking for a loss of 19 cents revenue also below what wall street was forecasting the company had withdrawn its 2020 outlook in early april because of the virus related uncertainty. the company was tracking well to plan through early march then they experienced a decline. they have 80% of the global locations where under armour is being sold are currently closed since mid march. the company is preparing, they say, to open a handful of stores in north america it is a bumpy return for normalization as they hope consumers return to stores they have a significant increase in digital sales the stock is down by 4%. >> yes we're at some of the lows of the session that we're seeing, beck. i'm seeing some of the headlines. the headlines i told you earlier. stock market called higher adding to friday's gains on reopening the economy. now stock market on jitters of reopening the
under armour shares are down after the company is out with its quarterly results.our losing an adjusted 34 cents a share that was double what the street had been anticipating. i think the street was looking for a loss of 19 cents revenue also below what wall street was forecasting the company had withdrawn its 2020 outlook in early april because of the virus related uncertainty. the company was tracking well to plan through early march then they experienced a decline. they have 80% of the...
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May 8, 2020
05/20
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BBCNEWS
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thank you from myself and from everybody at the royal armour corps and the nhs for everything you'reand we realised very quickly that the numbers were dramatically going up. then i think we even had a discussion, it had been quite quiet that weekend and in fact what happened is we ended up on the michael ball show on sunday, the radio show. i think we were on for two or three minutes. we were talking earlier to tom moore, who's walking 100 lengths of his back garden before his 100th birthday on 30th april. and he hoped he would raise about £1,000. that went up to about £5,000. when we spoke to him and his lovely daughter hannah, in the first half of the show, they had just over £200,000. well, since we talked to him, another £45,000 had gone into hisjust giving page. the target had gone up to £100,000. let's make it £300,000, can we? can we do that? we then went i believe back on bbc breakfast on the bank holiday monday and i think the rest is chartered in history. i'm not sure we will ever forget it, but it's really hard for us to even rationalise it, to understand what truly happen
thank you from myself and from everybody at the royal armour corps and the nhs for everything you'reand we realised very quickly that the numbers were dramatically going up. then i think we even had a discussion, it had been quite quiet that weekend and in fact what happened is we ended up on the michael ball show on sunday, the radio show. i think we were on for two or three minutes. we were talking earlier to tom moore, who's walking 100 lengths of his back garden before his 100th birthday on...
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May 8, 2020
05/20
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BBCNEWS
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thank you from myself and from everybody at the royal armour corps and the nhs for everything you'reou captain tom! and we realised very quickly that the numbers were dramatically going up. then i think we even had a discussion, it had been quite quiet that weekend and in fact what happened is we ended up on the michael ball show on sunday, the radio show. i think we were on for two or three minutes. we were talking earlier to tom moore, who's walking 100 lengths of his back garden before his 100th birthday on 30th april. and he hoped he would raise about £1,000. that went up to about £5,000. when we spoke to him and his lovely daughter hannah, in the first half of the show, they had just over £200,000. well, since we talked to him, another £45,000 had gone into hisjust giving page. the target had gone up to £100,000. let's make it £300,000, can we? can we do that? we then went i believe back on bbc breakfast on the bank holiday monday and i think the rest is chartered in history. i'm not sure we will ever forget it, but it's really hard for us to even rationalise it, to understand w
thank you from myself and from everybody at the royal armour corps and the nhs for everything you'reou captain tom! and we realised very quickly that the numbers were dramatically going up. then i think we even had a discussion, it had been quite quiet that weekend and in fact what happened is we ended up on the michael ball show on sunday, the radio show. i think we were on for two or three minutes. we were talking earlier to tom moore, who's walking 100 lengths of his back garden before his...
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May 23, 2020
05/20
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BBCNEWS
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a time of body armour and facemasks. trying to protect themselves against a new enemy.poken to doctors across the country. there is not enough of this ppe to keep them safe. a doctor in kabul, back at work after recovering from covid—19, did not want to be identified. there is a big crisis at the moment. we have lost three good doctors this week because of covid—19. they were in contact with the patients suspected of having it. they did not have good enough ppe. sadly they are not amongst us today. there is a corona crisis now in afghanistan. a house in mourning. this man lost his brother, faisal, a businessman. a sister, and his brother, yousef, a doctor, the first to be tested for covid—19 by a system which failed the entire family. i told the doctor that if my brother's test was positive, why didn't you call us? they told me they made a mistake. then they tested all of us, but after 13 days of waiting, my first brother died. then another brother and sister died, and we still haven't got our test results after one and a half months. he took to facebook to vent his fur
a time of body armour and facemasks. trying to protect themselves against a new enemy.poken to doctors across the country. there is not enough of this ppe to keep them safe. a doctor in kabul, back at work after recovering from covid—19, did not want to be identified. there is a big crisis at the moment. we have lost three good doctors this week because of covid—19. they were in contact with the patients suspected of having it. they did not have good enough ppe. sadly they are not amongst...
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May 11, 2020
05/20
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CNBC
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under armour is sharply lower today though off the worst levels of the session.issing earnings estimates, reporting a loss of 34 cents, worse than expected. and revenues fell 23%, breaking that down footwear saw stronger double digit declines. the company warning this current quarter could have revenues down 50% to 60% as most of their stores are closed. i talked earlier with the ceo, this was a company struggling going into the pandemic, was in the middle of a turnaround, it was already in cost-cutting mode it has a new ceo in there, they were trying to get back to growth days under kevin plank, and was just missing it when it came to the consumer now with most of the stores closed, under armour finds itself well behind big competitors who have been in the market and in this game for longer like nike and adidas. the stock is down 60%. they are growing fast with e-commerce but it doesn't make up a big enough chunk of their business to make up for lost sales in the stores. they're trying to grow their fitness apps, again unclear whether that's a needle mover for t
under armour is sharply lower today though off the worst levels of the session.issing earnings estimates, reporting a loss of 34 cents, worse than expected. and revenues fell 23%, breaking that down footwear saw stronger double digit declines. the company warning this current quarter could have revenues down 50% to 60% as most of their stores are closed. i talked earlier with the ceo, this was a company struggling going into the pandemic, was in the middle of a turnaround, it was already in...
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May 8, 2020
05/20
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CNBC
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those and also from the earnings reports and the conference calls next week, i'll be watching under armour on friday >> to everyone watching, a happy mother's day to sara in particular, happy mother's day and melissa lee who picks up now. >>> "fast money" starts right now. tonight's trader lineup, guy adami, tim seymour, brian kelly and when technology permits, hidden figures, the one thing missing from today's record jobs report that could have a huge impact on your money and something happened in china that's a bullish sign for disney what it is and how the traders are playing it and later, get ready for the having sounds like a horror film, but it's not everything you need ton about the major event about to take place in the cryptocurrency world. we start with the historic jobs report more than half a million people put out of work. the market rallied with the dollar ending higher and the volatility index dropping below its 1 hun-d00-day moving averag. when unemployment skyrockets to nearly 15%, do you think the stock market would be down but it didn't. so guy adami, what do you make of
those and also from the earnings reports and the conference calls next week, i'll be watching under armour on friday >> to everyone watching, a happy mother's day to sara in particular, happy mother's day and melissa lee who picks up now. >>> "fast money" starts right now. tonight's trader lineup, guy adami, tim seymour, brian kelly and when technology permits, hidden figures, the one thing missing from today's record jobs report that could have a huge impact on your...
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May 18, 2020
05/20
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CNBC
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under armour clothing are you wearing under armour anywhere on your person? under armour socks on and i'll wear more as soon as i get off and take off my tie, yes. >> do you still have time for this are you able to come on cnbc you're lead inindependent director. >> i've been on the board for two years, joe i've loved it. great company. amazing teammates and i'm looking forward to continuing to work with them. >> all right great. tactful. so tell me about what jay powell said and what you think. >> so there wasn't anything new in terms of him saying the fed can do more. it certainly can if it wants what was new is he put specific numbers to a couple of things. one is the death of the contraction this quarter he talked about 30% and, secondly, the unemployment rate. when he talked about 20 to 25% you know, that shows convergence now as to how bad this quarter's going to be, where there remains disagreement is how quickly the recovery thereafter and how sustained. and his point was that you need things to go well on the health side and the policy side in order
under armour clothing are you wearing under armour anywhere on your person? under armour socks on and i'll wear more as soon as i get off and take off my tie, yes. >> do you still have time for this are you able to come on cnbc you're lead inindependent director. >> i've been on the board for two years, joe i've loved it. great company. amazing teammates and i'm looking forward to continuing to work with them. >> all right great. tactful. so tell me about what jay powell said...
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May 31, 2020
05/20
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BBCNEWS
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used to seeing officers and almost military gear, but he made a conscious decision not to have body armouru told them their batons were down and the impact of that is quite powerful. not only did i take my helmet off and we lowered our pathans, debts helmet off and we lowered our patha ns, debts of helmet off and we lowered our pathans, debts of the message that we are not here to create an enemy oi’ we are not here to create an enemy ora we are not here to create an enemy or a fight. that is why they're there in the first place. and when they saw that actions, especially with the crowd that is so passionate, that was a turning point. so, yes. it was probably the worst tactical decision i could ever make, but the risk was not one that i was going to even think about. the benefit far outweighed that and it turned out to be a historic evening by that one action. what are your thoughts of what happened use of those pictures of george floyd.|j could tell you, any good police officer in the world does not need to look at any more than eight minutes and 46 seconds to come to a conclusion that th
used to seeing officers and almost military gear, but he made a conscious decision not to have body armouru told them their batons were down and the impact of that is quite powerful. not only did i take my helmet off and we lowered our pathans, debts helmet off and we lowered our patha ns, debts of helmet off and we lowered our pathans, debts of the message that we are not here to create an enemy oi’ we are not here to create an enemy ora we are not here to create an enemy or a fight. that is...
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May 29, 2020
05/20
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BBCNEWS
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and to keep it very plain and very clear, it is basically a suit of armour that companies in the socialrn for decades that provides certain powers granted to them by congress to decide how to manage content on their platforms as basically, if you will, a public poster board without being deemed to be the publishers or managers of that content. it provides them from liability, and that's a very important shield. what the president tried to do today, by signing an executive order, is to try to use the power of his office to blast a hole in that protection in a way that may have a very devastating impact on the way the social media business is conducted in the united states. and what do you make of the president's action, trying to do that in this way? well, i think that the president is aiming at an issue that really has frustrated a number of people here in the united dates on both sides of the political aisle. these internet companies are much more powerful and bigger than they were from the early ‘90s, when this act from the congress was promulgated. the problem is that there are issue
and to keep it very plain and very clear, it is basically a suit of armour that companies in the socialrn for decades that provides certain powers granted to them by congress to decide how to manage content on their platforms as basically, if you will, a public poster board without being deemed to be the publishers or managers of that content. it provides them from liability, and that's a very important shield. what the president tried to do today, by signing an executive order, is to try to...
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May 31, 2020
05/20
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KPIX
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>> reporter: university of southern california law professor jody armour says what we are seeing is bigger than what happened to george floyd. >> there was a convergence of a lot of different cases at this moment, and i think that's raised a lot of public awareness and made the public especially sensitive at this point in time. >> reporter: and he says the unrest could continue. los angeles police are hoping to avoid another incident like this one, where the crowd was seen attacking an officer. after a night of vandalism and looting, more than 500 people were arrested and six officers injured. across los angeles, demonstrations like this one are scheduled. the police chief says he hopes they remain peaceful. samantha? >> jones: danya, thank you. president trump today called george floyd's death a "grave tragedy." at the same time, he issued new warnings for authorities to crack down on protesters. nikole killion is at the white house. >> healing, not hatred. jstice, not chaos are the missions at hand. >> reporter: president trump urged restraint as more protests broke out around the countr
>> reporter: university of southern california law professor jody armour says what we are seeing is bigger than what happened to george floyd. >> there was a convergence of a lot of different cases at this moment, and i think that's raised a lot of public awareness and made the public especially sensitive at this point in time. >> reporter: and he says the unrest could continue. los angeles police are hoping to avoid another incident like this one, where the crowd was seen...
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May 19, 2020
05/20
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BBCNEWS
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people cosmic e—mails can be used for armoured scamming, fishing attacks, things like that, but the bitcredit cards because what we saw today in the announcement to the stock exchange was they simply said 2,000 credit ca rd was they simply said 2,000 credit card details have been stolen, but thatis card details have been stolen, but that is all they said. there is evidence if you look online, people have been posting e—mails from easyj et have been posting e—mails from easyjet back in april where they were alerted to the fact that credit ca rd were alerted to the fact that credit card details, including the number on the back, had also been stolen. if that is true, then there is probably only one where they could have happened, which is the so—called magic art attacks, which is where the hackers managed to get a little bit of script, the code come onto the payments page. you don't normally store that number. that is the only place they could have got that from. we were told they first were made aware of this attack back injanuary, so what have they been doing since? that is a very good
people cosmic e—mails can be used for armoured scamming, fishing attacks, things like that, but the bitcredit cards because what we saw today in the announcement to the stock exchange was they simply said 2,000 credit ca rd was they simply said 2,000 credit card details have been stolen, but thatis card details have been stolen, but that is all they said. there is evidence if you look online, people have been posting e—mails from easyj et have been posting e—mails from easyjet back in...
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May 21, 2020
05/20
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BBCNEWS
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a time of body armour and facemasks. trying to protect themselves against a new enemy.s not enough of this ppe to keep them safe. a doctor in kabul, back at work after recovering from covid—i9 did not want to be identified. translation: there is a big crisis at the moment. we have lost three good doctors this week because of covid—i9. they were in contact with the patients suspected of having it. they did not have good enough ppe. sadly, they are not amongst us today. there is a corona crisis now in afghanistan. a house in morning. this man lost his brother, faisal, a businessman. a sister, and his brother, yousef, a doctor, the first to be tested for covid—i9 by a system which failed the entire family. translation: i told the doctor that if my brother's test was positive, why didn't you call us? they told us they made a mistake. then they tested all of us, but after 13 days of waiting, my first brother died. then another brother and sister died, and we still haven't got our test results after one and a half months. he took to facebook to vent his fury. shaming senior o
a time of body armour and facemasks. trying to protect themselves against a new enemy.s not enough of this ppe to keep them safe. a doctor in kabul, back at work after recovering from covid—i9 did not want to be identified. translation: there is a big crisis at the moment. we have lost three good doctors this week because of covid—i9. they were in contact with the patients suspected of having it. they did not have good enough ppe. sadly, they are not amongst us today. there is a corona...
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May 13, 2020
05/20
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BLOOMBERG
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under armour is off now more than 9%. this is after adobe found out prices fell 12% in april. it is the biggest decline for the month going back in five years. it really highlights a lot of the turnaround and challenges all these companies are facing. other competitors like nike could be better positioned. you are seeing apparel companies at a low here as retail sales fell over by about 12% in april. the lowest going back in five years. vonnie: taylor, thank you so much. taylor riggs there. now back to the fed chair. jay powell adding the attention of economists with these comments. the economic response has been both timely and appropriately large, but it may not be the final chapter given the path ahead exposes highly uncertain and is subject to significant downside risks. economic forecasts are uncertain and the best of times and this raises a new set of questions. vonnie: joining us is constance hunter. what did you take away from the fed chairs conversation. the market seems to be a little depressed by it but there was a little light in it as well. constance: thank you fo
under armour is off now more than 9%. this is after adobe found out prices fell 12% in april. it is the biggest decline for the month going back in five years. it really highlights a lot of the turnaround and challenges all these companies are facing. other competitors like nike could be better positioned. you are seeing apparel companies at a low here as retail sales fell over by about 12% in april. the lowest going back in five years. vonnie: taylor, thank you so much. taylor riggs there. now...
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May 11, 2020
05/20
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BLOOMBERG
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under armour continues the guidance story, not giving any indication of what it is expecting, but says the current quarter will be the most impacted by the coronavirus. shares are down about 11%. the yen we getting today. stronger dollar once again. food is unchanged -- crude is unchanged, $24 a barrel. guy: interesting to see that spread between brent and wti widening out. let's figure out what is happening in the markets and what is going on in terms of portfolio construction. riserto gallo from algeb investments is joining us on the line. we are trying to figure out how we reopen an economy in the united states. we've got the u.k. starting to think about reopening its economy, or at least the english part of the u.k. economy. france, germany, italy, spain, everyone is trying to figure out how to do this, but they are all trying to do it at different rates. i am just wondering, from a portfolio point of view, the global asset allocation point of view, you allocate extra money to economies moving a little quicker in terms of the reopening, or to economies made to playing it safe, and
under armour continues the guidance story, not giving any indication of what it is expecting, but says the current quarter will be the most impacted by the coronavirus. shares are down about 11%. the yen we getting today. stronger dollar once again. food is unchanged -- crude is unchanged, $24 a barrel. guy: interesting to see that spread between brent and wti widening out. let's figure out what is happening in the markets and what is going on in terms of portfolio construction. riserto gallo...
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May 22, 2020
05/20
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BLOOMBERG
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under armour is not having the best season at all as most apparel manufacturers aren't.h place to be. let's talk about another particular stock in the united states, ali baba falling more than 4% today in u.s. trading. its worst day in more than two months. investors are concerned about the company's revenue growth, understandably, as well as the potential for the u.s.-china tension to disrupt the business. joining us now to discuss all of this, let's start to talk about the numbers. we don't get a lot of what many people call accra data in terms of the chinese economy, but alibaba is probably a neutral indicator as to what is happening. what can we deduce from the data from the earnings we delivered -- that was delivered by baba today in terms of what is actually happening in china? >> sure, a couple of things to note here. so the first thing is that alibaba reported its slowest , acrossgrowth on record the marketplace. but they continue to forecast sales growth for the year even though it is down from its revious estimates. so what they said was we got a in hit, but th
under armour is not having the best season at all as most apparel manufacturers aren't.h place to be. let's talk about another particular stock in the united states, ali baba falling more than 4% today in u.s. trading. its worst day in more than two months. investors are concerned about the company's revenue growth, understandably, as well as the potential for the u.s.-china tension to disrupt the business. joining us now to discuss all of this, let's start to talk about the numbers. we don't...
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May 14, 2020
05/20
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CNBC
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really at the top of its game when it came to innovations and connecting with the consumer under armournk this really just further emphasizes that still going strong at least when it comes to digital despite the challenges of having to keep so many stores closed and having no customers coming in through the doors. >> i'm amazing that africa is 40% reopened particularly as it relates to europe, which i imagine is a a large portion of that emea footprint. relative to the u.s. at 5% i mean outside of germany, it's not like there's been drastic economic reopenings there, so that's quite a surprising and stark number i don't know if they just got fewer stores there, but maybe an encouraging sign of europe that we haven't quite got our finger on the pulse of yet. >> yeah, no, i think i don't know exactly, but i think it encompasses a broader region and specifically in the release, germany, france, a number of the big countries were mentioned as far as the united states, why it's been so slow just following the regular laces here state by state. i would mention to that point, they go to some d
really at the top of its game when it came to innovations and connecting with the consumer under armournk this really just further emphasizes that still going strong at least when it comes to digital despite the challenges of having to keep so many stores closed and having no customers coming in through the doors. >> i'm amazing that africa is 40% reopened particularly as it relates to europe, which i imagine is a a large portion of that emea footprint. relative to the u.s. at 5% i mean...
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May 11, 2020
05/20
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CNBC
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shares of under armour hit they reported disappointing financial results as the pandemic shut storeslowed sales. it will embark on a cost cutting campaign and autonation shares higher by nearly 5%. it saw some sales trends improve throughout the month of april so the stocks on the move back over to you. >> we appreciate it. >>> let's turn to the rhetoric of u.s. and china heating up here's secretary of state mike pompeo explaining why china's attempts to cover up details of the virus led to elevated tensions >> authoritarian regimes go to ground they cover they deceive they put out disinformation, deny the people individual liberties. we have dealt with commune itself regimes before. we are seeing it now again and president trump is working diligently to make sure we secure freedom for the american people and do the things to do with respect to china to make sure that this next century is one where america can continue to thrive. >>> now the department of justice warning that china poses a serious cyber threat to pharma companies. eam eam eam eamon javers here. >> reporter: as you sa
shares of under armour hit they reported disappointing financial results as the pandemic shut storeslowed sales. it will embark on a cost cutting campaign and autonation shares higher by nearly 5%. it saw some sales trends improve throughout the month of april so the stocks on the move back over to you. >> we appreciate it. >>> let's turn to the rhetoric of u.s. and china heating up here's secretary of state mike pompeo explaining why china's attempts to cover up details of the...
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lobbyist, the american apparel and footwear association whose members include 3m, gap, target and under armourbring up these names because they have actually shifted their assembly lines to create personal protection equipment. well, they have joined forces with other fashion associations in sending a letter to congress on friday filled with requests to keep the industry alive. one of the authors of that letter, steve lamar, joins us now. steve, the recommendation in your letter that jumped out at me involved tariffs and what you said was quote, we recommend the extension of the freeze on tariffs to cover imports made during may and june, and possibly additional months if the crisis persists, and expand the program to defer the due dates for all duties and fees. how damaging are the tariffs right now? >> well, they are very damaging, liz. thank you for having me on the show. you know, we are trying to save american lives and american livelihoods and it's hard to do that when we face this crushing tariff burden. last month, we paid about $1.5 billion of tariffs and it's really hard for companie
lobbyist, the american apparel and footwear association whose members include 3m, gap, target and under armourbring up these names because they have actually shifted their assembly lines to create personal protection equipment. well, they have joined forces with other fashion associations in sending a letter to congress on friday filled with requests to keep the industry alive. one of the authors of that letter, steve lamar, joins us now. steve, the recommendation in your letter that jumped out...
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May 29, 2020
05/20
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CNBC
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exactly right a lot of the people that tried to compete against lulu whether it's athleta or under armour and nike unfortunately, they didn't get the idea that it can't look as much like sweat pants. if it's translating over spoo the male populous. there are new customers coming into this brand because of being more casual at home and when you go back to the office if it's socially distanced that maybe it won't be as buttoned up with suits and ties that just plays more into their strength that right in between the dress and those sweat pants is that lulu area for men. >> let's take a quick break. you can reach us at cnbc.com/halftime. we're back after this on the half machin ever since we've gone mobile on the now platform, something's gotten into the office. i hear you. feels like there's no barriers between departments now. servicenow. the smarter way to workflow. but a slice is just right. that's why fidelity offers dollar-based trading. buy what you want based upon how much you want to spend, even if it's just a slice of a share. and wells fargo employees aren assisting millions of cu
exactly right a lot of the people that tried to compete against lulu whether it's athleta or under armour and nike unfortunately, they didn't get the idea that it can't look as much like sweat pants. if it's translating over spoo the male populous. there are new customers coming into this brand because of being more casual at home and when you go back to the office if it's socially distanced that maybe it won't be as buttoned up with suits and ties that just plays more into their strength that...
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May 11, 2020
05/20
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CNBC
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what are your thoughts long-term of under armour? >> nike, just go with nike you don't want to bottom fish, you want to go with the best and nike is the best plain and simple >>> how about cody in illinois cody >> caller: booyah, jimmy chill >> what's going on >> caller: chat at my girlfriend sam. i wonder if you think they're poised for a lot of growth because of the need -- >> the thermal imaging i think thermal i maging is real and i think it's a good stock. the move has been pretty exaggerated, though. >>> all right. it's as simple as looking under the hood and finding what's working. these rallies aren't irrational. the stay-at-home names are the right stocks for this difficult moment there's $11.5 trillion of them jobless claims the past five weeks have totaled over $26 million. as covid-19 continues to i have pact the economy, how are freelance workers managing during the pandemic? i'm asking the c.e.o. of a new company to the show. then as states begin to reopen their economies, which companies could come out the winners i'm
what are your thoughts long-term of under armour? >> nike, just go with nike you don't want to bottom fish, you want to go with the best and nike is the best plain and simple >>> how about cody in illinois cody >> caller: booyah, jimmy chill >> what's going on >> caller: chat at my girlfriend sam. i wonder if you think they're poised for a lot of growth because of the need -- >> the thermal imaging i think thermal i maging is real and i think it's a good...
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May 28, 2020
05/20
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FBC
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under armour, meanwhile, reopening half of its stores tomorrow. jc penney which filed for bankruptcy during the lockdown will open 500 stores by june 3rd and i don't know, is it capri? parent of michael kors and coach will open most of its locations by july. so is ugly data in the rear view mirror and the promise of better news just over and around the next bend? what's the investment play in the space in between? let's get to our floor show and we have our traders, sarge guilfoyle is on the phone and phil flynn via skype. sarge, what do you think? on the phone: lets l's look at t data. initial jobless claims were pretty bad, but more than four million people went back to work which means there was a net increase last week. so for the first time we actually have that ball rolling the right direction. we go to the initial durable goods orders, capital goods orders were a lot better than expected. there is some positive. to give you three names that haven't rebounded yet that might just rebound, okay, the first is pfizer. they are testing four diffe
under armour, meanwhile, reopening half of its stores tomorrow. jc penney which filed for bankruptcy during the lockdown will open 500 stores by june 3rd and i don't know, is it capri? parent of michael kors and coach will open most of its locations by july. so is ugly data in the rear view mirror and the promise of better news just over and around the next bend? what's the investment play in the space in between? let's get to our floor show and we have our traders, sarge guilfoyle is on the...
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May 9, 2020
05/20
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KQED
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they'd made a holen the fence with an armoured vehicle and we were shuttered.manned the watchtowers we were shut in there and there was no mention of v.e. day. >> reporter: the squadron leader's heroism was supposed to be recognized with a low pass over his house by a spitfire, the great british wartime fighr plane. >> the heroes are those lads we left behind. we are the survivors. we are the lucky ones. but to represent them i feel very honored ifjust hope they don't have as muchculty finding us as we used to have during the war when we used to fly our bombers home. >> reporter: booker lined up ont the desi flight path, but the spitfire pilot strayed off course. no navigatorn board, complained the old airman.s joe cattini so in germany 75 years ago, in the northern >> in germany on vy we were still fighting. >> reporter:an youal rl >> we had a pocket of s.s., who wouldn surrender. with the war over, as far as they were concerned it was death for them. we had to shell their barracks and eventually they did surrender. >> reporter: cattini landed in normandy on d
they'd made a holen the fence with an armoured vehicle and we were shuttered.manned the watchtowers we were shut in there and there was no mention of v.e. day. >> reporter: the squadron leader's heroism was supposed to be recognized with a low pass over his house by a spitfire, the great british wartime fighr plane. >> the heroes are those lads we left behind. we are the survivors. we are the lucky ones. but to represent them i feel very honored ifjust hope they don't have as...
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May 21, 2020
05/20
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BBCNEWS
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a hospital under fire in kabul last week as they battle against the deadly virus, a time of body armourhemselves against this new enemy. we have spoken to doctors across the country. there is not enough of ppe to keep them safe. a doctor in kabul, back at work after recovering from covid—19, did not want to be identified. translation: there is a big crisis at the moment. we have lost three good doctors this week because of covid—19 and they were in contact with the patients suspected of having it. the reason they died? they did not have good enough ppe and sadly they are not amongst us and sadly they are not amongst us today. there is a coronavirus crisis now in afghanistan. a house in morning. this man lost his brother, a businessman, a sister and his brother, a doctor, the first to be tested for covid—19 by a system which felt the entire family. translation: i told the doctor that if my brother ‘s test was positive, why didn't you call us? they told me they made a mistake. then they tested all of us but after 13 days of waiting, my first brother died. then another brother and sister d
a hospital under fire in kabul last week as they battle against the deadly virus, a time of body armourhemselves against this new enemy. we have spoken to doctors across the country. there is not enough of ppe to keep them safe. a doctor in kabul, back at work after recovering from covid—19, did not want to be identified. translation: there is a big crisis at the moment. we have lost three good doctors this week because of covid—19 and they were in contact with the patients suspected of...
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May 11, 2020
05/20
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FBC
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. >>> under armour, they make athletic clothing.f their executives now says their revenue in the second quarter will be down between 50% and 60%. the stock is off 10%. >>> other side of the coin, marriott. their ceo says that negative trends for their business have bottomed out worldwide. they have seen occupancy in america tick up over the past few weeks. people want to get out and about so they are booking hotels against. doesn't help the stock, though. still down 4% this morning. >>> back to up apple. i feel there will be pent-up demand for people needing repairs on the phones. we discussed this before. are you with me or opposed to me? susan: i agree. i think if you look at the stock, the record high was 3.6. by the way, we are just 20 bucks away from that right now. this is part of america reopening after coronavirus. a handful of stores will reopen in america since we know they have been shut since mid-march because of covid. apple is opening boise, idaho, first store to reopen here in the u.s. today. later on it will be south
. >>> under armour, they make athletic clothing.f their executives now says their revenue in the second quarter will be down between 50% and 60%. the stock is off 10%. >>> other side of the coin, marriott. their ceo says that negative trends for their business have bottomed out worldwide. they have seen occupancy in america tick up over the past few weeks. people want to get out and about so they are booking hotels against. doesn't help the stock, though. still down 4% this...
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May 19, 2020
05/20
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KTVU
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the test campuses armour and dale school and brain committees: san jose middle school in novato.s a school year one stone, we also highlighting all the teachers out there making a difference right here in the bay area. this morning we are honoring mrs. flack. a special education teacher at kenyon middle school in castro valley. your student, mrs. fleck, kaylee, says you are her hero. because you always believe in me and support me. it is because of you i like math again. you met me in my struggle and helped me out. i am forever thankful. you are great and strong teacher . mrs. fleck, thank you for what you do and kaylee thank you for that message. to nominate a teacher to send us an email and tell us why they deserve to be recognized. also send photos or video to my hero at fox tv.com. >> uc berkeley's 2020 graduating classes made up mostly with people all in their mid to early 20s and one woman who is a great grandmother. she is a 67-year-old great- grandmother graduated from cal with a degree in sociology. she says she has had a lifetime of challenges from having a baby in high
the test campuses armour and dale school and brain committees: san jose middle school in novato.s a school year one stone, we also highlighting all the teachers out there making a difference right here in the bay area. this morning we are honoring mrs. flack. a special education teacher at kenyon middle school in castro valley. your student, mrs. fleck, kaylee, says you are her hero. because you always believe in me and support me. it is because of you i like math again. you met me in my...
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May 8, 2020
05/20
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CNBC
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those and also from the earnings reports and the conference calls next week, i'll be watching under armour> to everyone watching, a happy mother's day to sara in particular, happy mother's day and melissa lee who picks up now. >>> "fast money" starts right now. tonight's trader lineup, guy adami, tim seymour, brian kelly and when technology permits, hidden figures, the one thing missing from today's record jobs report that could have a huge impact on your money and something happened in china that's a bullish sign for disney what it is and how the traders are playin
those and also from the earnings reports and the conference calls next week, i'll be watching under armour> to everyone watching, a happy mother's day to sara in particular, happy mother's day and melissa lee who picks up now. >>> "fast money" starts right now. tonight's trader lineup, guy adami, tim seymour, brian kelly and when technology permits, hidden figures, the one thing missing from today's record jobs report that could have a huge impact on your money and...
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607
May 25, 2020
05/20
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FOXNEWSW
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one big shot to help his team but other than that, he was in the water, he split his parents under armour, has a big deal, there's going to be an ad about this or something. >> sandra: tweeting who's going to tell him? and then eli manning joined twitter yesterday to then cheer on his brother and that was really something to watch as well. was a fun day. >> you've got to love that too. all for a good cause. >> ed: meanwhile, now urging the president to ensure that national guard troops receive benefits after serving on the front lines of the pandemic. new york congressman max rose who deployed with the national guard during the peak of the states outbreak joins us with his thoughts on that straight ahead. plus, american stepping up for the holiday weekend as parks and beaches across america reopen for the unofficial start of summer. health experts have some stern warnings for those venturing outside, that is next. >> we know being outside does help. we know son does help him killing the virus, but that doesn't change the fact that people need to be responsible and maintain that distance.
one big shot to help his team but other than that, he was in the water, he split his parents under armour, has a big deal, there's going to be an ad about this or something. >> sandra: tweeting who's going to tell him? and then eli manning joined twitter yesterday to then cheer on his brother and that was really something to watch as well. was a fun day. >> you've got to love that too. all for a good cause. >> ed: meanwhile, now urging the president to ensure that national...