it's more likely you shop at abercrombie than i do. defer to you for that more youthful -- >> i do, actually. i knew that was coming. it is far from true, i will say. >> you ain't talbots. >> let's say i'm in between the abercrombie and talbots. >> we know it's not chico's. >> i think those plays are a fad play. not only is the price point very high at abercrombie, no teen can pay that for themselves unless their parents are buying. they're relying on someone else's pocketbook. but also the trends change so quickly that you can't pay that much for something that might go out of style. >> yeah. abercrombie beat by a penny. sales did miss. they talk about challenges in europe. jim, fossil -- >> europe was the king. >> fossil was so important. fossil killed itself by indicating that things are going to get worse before they get better in europe. abercrombie, american eagle, hot topic, pacific sun wear, these are graveyards for people. people lost more money trying to figure out what the teen is going to buy than almost any other portion o

abercrombie & fitch getting a pop today. citi is bullish on that retailer adding the stock to its top pick list and raising its earnings estimates ahead of abercrombie's may 16th report. shares have been traded on the upside all session. they're up almost 3 bucks on the day. citi expecting abercrombie's inventory and margins to improve. the stock has been slammed overall. it is down 25% in the past year. citigroup also upgrading the u.s. solar sector to buy from sell saying demand from asia and the u.s. will offset the softness in europe in q-3. lower subsidies in europe which is a key solar market hurt demand for solar panels last year leading to a 50% plunge in prices. as for the sector check, almost all of them are in the green with the exception of ldk solar which is down better than 3%. ty? >>> check out shares of p.f. chang's. the chinese food chain is up big after news broke that it was being bought out by center bridge partners for $1.09 billion. and all the chinese food you can eat. so who could be next in the never

abercrombie & fitch, era positive sell, or hot topic? the dividend pays off after the break. break.cart. my mother said, "well, maybe we ought to buy this hot dog cart and set it up someplace." so my parents went to bank of america. they met with the branch manager and they said, "look, we've got this little hot dog cart, and it's on a really good corner. let's see if we can buy the property." and the branch manager said, "all right, i will take a chance with the two of you." and we've been loyal to bank of america for the last 71 years. i bathed it in miracles. director: [ sighs ] cut! sorry to interrupt. when's the show? well, if we don't find an audience, all we'll ever do is rehearse. maybe you should try every door direct mail. just select the zip codes where you want your message to be seen. print it yourself or find a local partner. and you find the customers that matter most. brilliant! clifton, show us overjoyed. no! too much! jennessa? ahh! a round of applause! [ applause ] [ male announcer ] go online to reach every home, ever

why not have one of the brooks brothers talking to abercrombie or fitch. (laughter) >> this is... believe it or not, this is not about where they're from but about an aesthetic and it's a conversation between their beliefs, their similarities, and their differences and we were so lucky to have the great australian director because lure man film a short film that opens the exhibition which shows the real prada talking to judy davis, the great australian actress playing scaparelli. >> stephen: we have a clip of that. >> that's very smart of you. >> if we live together at the same time would we be friends or foes? >> i think friends. >> so maybe now we can agree that designers are artists? >> no, never! i think you have to do your job and who cares about the title. sal lewd. (applause). >> stephen: is there ever a time when you can not care about fashion? do you ever just say to yourself to hell with this, put on your zebra striped sweat pants and go to long john silvers and just lose yourself in a pile of batter-fried shrimp? (laughter) >> well, i haven't done it recently but maybe

. >> the worse was abercrombie, i worked there for three years, got paid $8 an hour. working at a restaurant in napa. too many people and it was gross and dirty. i didn't like it. >> to be honest i didn't think i've had a bad job. i've worked for my family for my dad's construction business. >> always a bunch of kids taking care of them. the campus pregnancy support team made an effort to let students know there are resources available to students who might find themselves dealing with an unplanned pregnancy. the campus pregnancy support team let people know there's resources the club members were out to discuss the options and provide support. the director handed out free pregnancy tests because it's important to be aware. >> i think that knowledge is the answer to everything. knowledge is your best tool for making a choice. and that's why we're here. >> young women tend the shy away. the group's goal is to meet the needs of all students. >> the regional competition of the international economic game. this is the fourth year. 10 high school from southern california,

abercrombie, aeropostale. i know about them other than the fact i paid them a lot of money because somebody visited them from my family. in other words, tom, it's your call. don't be greedy. how about peter in ohio? >> caller: hey, jim, thanks for taking my call today. i wanted to ask you a little bit about sotheby's, symbol b.i.d. i specifically started buying around 39 bucks a share. and have been adding to it on 5% pullbacks. and it seems like we've seen a lot of those recently. my objective was to capitalize upon the fine art market that we've heard a lot about here over the last year or two. so i wanted just to get your general thoughts on b.i.d. should i be concerned about the correlation to europe? >> that's an inflationary play and we don't have a lot of inflation. when i think of masterworks i think of hyperinflation. if anything, if europe keeps imploezing we've got deplace and naenz sotheby's is just going to be an okay, not great stock. sorry. ron johnson and jcpenney, you should mind the gap. gap

>> or abercrombie & fitch, that type of a name is what you want to look at.n the retail space, the earnings have been so lumpy that it's hard to really get a handle on them. i think the one big trend in retail, heard it all over the place, is that retailers are going online. they are spending an awful lot of money online. that's the place to be, so there's two ways to play it, play one via oracle or two via fedex and ups. >> also going international, and the gap almost has more iconic brand value in asia than it does here. gone from 4% of sales in asia five years ago to now 9%, and i think there's a lot more to go, and i think they need to continue that because it's trading at a multiple now that it's not relatively cheap compared to its history. 15 times earnings. this is a company that needs to be growing, and i think that they are, and i think they are making the move because that brand actually has more value i think across borders than it does here. >> can't have a retail discussion without noting today the big moves we saw in tiffany, on worse than expe

revenues of about $5.5 billion, qvc ranks higher than abercrombie and fitch, williams sonoma, and nieman marcus. >> qvc is a funny business. it's television and it's retail. and television is about selling emotion. and if you can connect with the host and like them, it's a far more personalized experience. >> reporter: viewers also like getting exclusive merchandise from celebrity designers like the kardashians, rachel zoe and isaac mizrahi. model camila alves sells handbags. she loves the immediate feedback from viewers customers. >> you have an instant gratification with them. they let you know what they love, what they don't love, what colors they want to see. >> reporter: qvc is also differentiating itself from rival hsn by offering more live programming at exclusive events like fashion week. given that 83% qvc customers are female, we wondered what c.e.o. mike george likes to buy. >> i just bought a new keurig coffee maker, which is probably the third or fourth i've bought from qvc for friends and family. >> reporter: and you can be sure that as he made thate,urasch plenty of eyebal

teen retailer, abercrombie & fitch posted weak but slight revenue. weakness in europe is from pressure and cannibalization. the first negative quarterly comp since the fourth quarter of '09. shares trading at 18-month lows. and target is the sector standsout. eps easily beating the street by a dime reporting stronger than expected revenue and upping its four-year guidance. analysts continue to monitor the cost in progress of the retai r er's expansion into canada. simon. >> courtney, thank you very much. we've set out the menu. matt cheslock joins us. how do you play gold, retail and housing on the rise? >> i love gold. i think, you know, we traded down low today. we traded down to 1520 level. we're back up towards 1550. i think we're back up, maybe see 1700. we saw it go to 1900 when greece first had problems. i foresee a pretty good rise here. i do like gold. i do look newmonn in that space. housing, not so positive. we have higher starts. i'm not sure how to play it. very cautious on housing. i like beazer homes and jc penney, that's the story tod

teenage clothing seller abercrombie and fitch fell 13% to a new 52-week low. the company blamed europe for revenues coming in short of expectations in the first quarter and for dropping its sales outlook for the year. an in-home test for h.i.v. is one step closer to drug store shelves. a u.s. food and drug administration advisory panel okayed the test kit made by orasure. it's using a swab of your mouth, and it's already used by health care professionals. if it gets final okay, this would be the first at-home h.i.v. test. >> it's a significant opportunity both for the company as well as for public health. the opportunity for the company, obviously, is being the first test and the only test available. we can raise awareness and en current people to buy the product for that purpose that will be grit. we have our operations in place, manufacturing is in place. we've met with the retailers, we believe that we're going to have broad distribution upon launch. >> tom: michels, the c.e.o., says they're targeting 65% margins, in what could be a $500 million a year mark

. >> abercrombie is down today. >> every retailer in the world is going online and spending money to

the chains include toys 'r' us, jcpenney, barnes and noble, abercrombie & fitch, and office depot.me depot began accepting paypal as a form of payment at about 2,000 stores. that's what we're watchinged to. beau. >> thank you. >>> starting today expect to see the streets of the district packed with motorcyclists. each memorial day weekend rolling thunder rides to show support for the military. tonight they will hold a candlelight vigil at the vietnam veterans memorial. the big event comes sunday when thousands gather at the north pentagon parking lot starting at 8:00 in the morning. at noon the group will ride to the vietnam memorial. motorist should be prepared for rolling street closures on sundays. >>> it is a sight that will make a lot of drivers' hearts skip a beat. the sight of flashing lights in the rearview mirror. and where are you most likely to see those flashing lights? apparently the national motorists association is out with the list of the most ticket-happy states and metro areas. maryland makes the top five states for tickets with nevada at the top of that list. the

including toys r us, jc penney, alaba abercrombie and fitch. >>> in other news, let's take a look athe markets right now, futures are trading higher after stocks stage another late-day rebound yesterday. investors just about how committed european leaders were to keeping greece in the euro zone. markets seized on comments from italy's prime minister who says he believes greece should stay in the euro. in terms of global markets, asia and european markets trading higher. we get data today here in the united states on consumer sentiment. the bond market, though, closes an hour early. that's ahead of the memorial day weekend. in terms of how the markets closed last night, the dow snapping up a gain of 33 points to close at 12,529, the nasdaq slipping ten. let's see if we can pull off a third consecutive day of gains. back to you. >> thank you. have a good weekend. seema talks about greece, i talk about greece an awful lot. i try to show you how problems in athens have an effect here. the 30-year fixed fell to the lowest rate because mortgage rates are related to treasury bonds. and they

it was just hitting on the shirtless 18-year-olds outside abercrombie and fitch. [ laughter ] somethingma'am? [ applause ] listen to this. a recent survey found that more men are finding work in fields that are historically dominated by women. yeah. i heard it from that nun at my church, sister gary. [ laughter ] [ applause ] no, no, i'm sorry. don't, don't, don't, don't, don't. stop, please. it wasn't that great. i don't want -- i don't feel like i earned that one. did you guys see this? a restaurant in texas is rewarding customers who place their order in spanish with a free pizza. while the restaurant in arizona is rewarding customers who do that with a free trip back to mexico. [ cheers ] isn't that nice? so nice. [ applause ] some sad news this week. the man who invented the tv remote passed away at the age of 96. [ audience aws ] i was actually going to attend the funeral but it was all the way over there. [ laughter ] get into this "law and order," i guess. check this out. this week, the man who invented super mario brothers was honored for creating a social revolution. of course

but i really think abercrombie & fitch has pulled back about seven points. >> we'll go around the hornf how a shipping giant can befriend a forest may seem like the stuff of fairy tales. but if you take away the faces on the trees... take away the pixie dust. take away the singing animals, and the storybook narrator... [ man ] you're left with more electric trucks. more recycled shipping materials... and a growing number of lower emissions planes... which still makes for a pretty enchanted tale. ♪ la la la [ man ] whoops, forgot one... [ male announcer ] sustainable solutions. fedex. solutions that matter. not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time with my wife and my kids. it's my world. that's my world. ♪ that's my world. if you made a list of countries from around the world... ...with the best math scores. ...the united states would be on that

. >>> take a look at the biggest losers, game stop, pulte, abercrombie, down more than 3% each. on the halftime report, why some big board traders aren't buying into the facebook hype. and robert savage, ceo of track.com has three reasons why he won't be buying facebook tomorrow. looking for a better place to put your cash? here's one you may not have thought of: fidelity. now you don't have to go to a bank to get the things you want from a bank. like no-fee atms -- all over the world. free checkwriting and mobile deposits. now, depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity. ♪ why do you whisper, green grass? ♪ [ all ] shh! ♪ why tell the trees what ain't so? ♪ [ male announcer ] dow solutions use vibration reduction technology to help reduce track noise so trains move quieter through urban areas all over the world. together, the elements of science and the hu

target, abercrombie, deere, staples, limited brands will also report. >> we're going to hear from theay. they may give us windows as to whether we have a chance. >> and that inflation report out of the uk -- i'm sorry -- or the unemployment report gives us a stronger sense. doesn't make it harder for the bank of england to do the kind of measures that some members want to do. >> we had them on last week. they said they should be buying government bonds. they should be buying packaging of bad debts. >> you heard that about the fed as well that. will be very interesting. greek political leaders meanwhile are meeting after last-ditch talks with former government failed. lawmakers will now try to form a caretaker government to take the country into fresh elections next month. carolyn schober is in athens shef. she joins us now with the latest. what are the steps they can take toward meeting the austerity measures likely to get its next round of fund. >> reporter: well, the problem is over the next couple of weeks, kelly, we're going to see a power volume in greece, and with that power vol

talk to the governor of hawaii neil abercrombie, a friend of barack obama's parents who visited her inhospital. what what does trump know? here the real question is: what is mitt romney doing hang out with this guy? you are known by the company you keep. i repeat it. and you are. and of all of the people, he could have been with last night to celebrate his winning the republican nomination, he is with donald trump. um, i agree with what george will said the other day. we will play the clip a little bit later. what george will said this week on sunday. does he really think, does romney really think he is going to get one vote, one freaking vote by hanging out with donald trump? yeah, he might get trump's vote. he would get that anyway. it's crazy. what does this say? what does this say about rom energy? >> my question to you. what does this say about romney? that he can't say no to donald trump, that he can't stand up to donald trump, that he can't say: you know what, trump? you are so crazy on this issue that i really don't want anything to do with you because you are not who i am. wha

even guys like abercrombie in the middle end of the chain in the clothing end on the down side.or. >> ralph lauren, the second worst performer on the s&p 500. let's get to the cme group. rick santelli joins us with the tuesday edition of the santelli exchange. hey, rick. >> good morning, carl. sometimes the math just doesn't add up, but even more than the math, the lessons from europe and the elections this weekend is simple. nobody's going to volunteer for austerity, and austerity is definitely about past due bills. in this country, the minute you're born, according to the debt clock, you have about a $50,000 debt the minute you're born. now, that's per individual. if you just look for taxpayer, it's closer to $138,000 per head. let's look at what everybody wants to talk about. we want to talk about growth, and that's definitely something out of the windshield where austerity is something in the rear view mirror. when it comes to growth, it's all about trying to hook in, of course, future capital and create more jobs. now, what did we learn this weekend? this weekend, we learne