abercrombie and fitch did too. would you be a buyer? > >i think you have to be a seller basically across the board but especially in retail. as we continue to fight for jobs and we continue to see higher prices at the pump and higher prices in the food aisles, it's hard for people to be able to go out and spend that excess capital on retail goods so i think that i would be more of a seller than a buyer here. > >do you think jamie dimon is losing some of his luster on wall street? he's the head of jp morgan but he's talking about scaling back with the bank. what do you think? > >i think jamie dimon's a great guy. i think he's done a great job but everybody kind of runs their course and it ends up wearing out their welcome so to speak. i think he's probably on his way out and probably rightfully so. > >i noticed you're wearing black. is that a commentary on the stock market? > >i think that we're probably pretty close to the top. it looks like the last of the retail traders are getting in here and i think that the pros are giving it to th

shares of abercrombie & fitch teetering near double-digit gains. brian sossi of bellies capital got off conference calls with the several giants in the past he is here. start with target. what was the best question on that call? what did you learn that we wouldn't know if you weren't on the call? >> one of the first things i learned, melissa, target is bringing mannequins into their store. kind of goofy but very interesting. it might get people tight excited about buying clothe as target again. melissa: you think a massive data breach that is evidence the data beach is having bigger impact than people are thinking? if so why is the stock soaring right now? >> stock is soaring because they came out and told us same-store sales, is about plat. flat is lot better than negative in the quarter but still the company had a long way to improve their sales. i think over next couple months you will see target go on a marketing blitz and promotional blitz to get customers back in the store. they're worried about their profits. >> i want to talk about abercrom

the stock can go higher. >> abercrombie & fitch. this is the best day it's seen in a month. >> on the show, i got long on this name against the $30 support. the title of this article says, abercrombie buys back. >> everyone thought management was going to be the issue. for me, it was about an lbo possible. being taken private. i was buying it against technicals. >> i think more importantly, a lot of the names we talked about are stock-specific. abercrombie had its own situation. home depot, the last few days. it made new all-time highs. >> with the help of lowe's today. >> and lowe's had been underperforming the broad market and xrt, i think that price action is very important. and so, to me, you have a situation where karen started out saying, the retail space got really bad. heading into the reports, a lot of the stocks had not confirmed the new highs in the s&p, which we just saw earlier in the week. here you are. they look like they're poised to make a run at the previous highs. >> on the macro that could take all of the stocks

and on other hand abercrombie & fitch they did not do a good job of controlling their situation, andle mad with the meanness inside them, you see reaction, and in both situations. neil: it is remarkable you look at these examples how they were treated, and on social media, says a lot about the base of support they had or didn't have. what do you make of that? >> neil, we all know social media is here to say, companies need be proactive about a strag in tesla case, musk did a great job of minimizing the damage from battery fires it worked here, on other hand, if you have a potential pr disaster on your hand, you stay silent, the negative news festers, that could compound on itself, i think all companies need to be cognizant social media could be a great tool to get message out quickly to people you want to hear to. neil: they could explain recall or bad product that went wrong, i know that tesla did that. you know in over drive. after some of the incidents with cars on fire, that makes a giv difference, owning up being ahead of the problem. >> the general public they want honesty, tes

and on other hand abercrombie & fitch they did not do a good job of controlling their situation, ande meanness inside them, you see reaction, and in both situations. neil: it is remarkable you look at these examples how they were treated, and on social media, says a lot about the base of support they had or didn't have. what do you make of that? >>eil, we all know social media is here to say, companies need be proactive about a strag in tesla case, musk did a great job of minimizing the damage from battery fires it worked here, on other hand, if you have a potential pr disaster on your hand, you stay silent, the negative news festers, that could compound on itself, i think all companies need to be cognizant social media could be a great tool to get message out quickly to people you want to hear to. neil: they could explain recall or bad product that went wrong, i know that tesla did that. you know in over drive. after some of the incidents with cars on fire, that makes a giv differce, owning up being ahead of the problem. >> the general public they want honesty, tesla seems to do a g

d on other hand abercrombie & fitch theyid not do a good job ofontrolling their situation, and reallynness inside them, you see reaction, and in th situations. neil: it is remarkable you look at these examples how they w wee treate and on social media, says a lot about the base of support they had or didn't ha. what do you make of that? >> neil, we all know social media is here to say, companies need be proactive about a strag in tesla case, musk did a great job of minimizing the damage from battery fires it worked here, on other hand, if you have a potential pr disaster on your hand, you stay silent, the negative news festers, that could compound on itself, think all companies need to be cognizant social media could b a great tool to get message out quickly to people you want to hear to. neil: they could explain recall or bad product that went wrong, i know that tesla did that. you know in over drive. after some of the incidents with cars on fire, that makes a giv difference, owning up being ahead of the problem. >> the general public they want honesty, tesla seems to do a good job o

abercrombie is up today. looking at the s&p going for that closing high. haven't been able to do that for the last few days. that's raised red flags, if you will. >> i know you've got i've ivy zelman on. >> welcome to the qul halftime" show. here's what's in our game plan today. solid foundation, ivy zelman about what's going on in real estate and where to invest. >>> going to pot. harry smith with a special report on the big money back in colorado. smoking hot weed market and who is cashing in. >>> topping out or breaking out? the stocks that look tired and those who look ready to run. our traders are naming names. let's meet the starting lineup. pete, simon, joe, and josh are with us today. we begin with the real story on real estate with someone who knows the market better than most. ivy zelman is the ceo of zelman associates and called the top and bottom of housing. research in the industry is used by the biggest and best investors p live in cleveland today. it is a cnbc exclusive. cnbc's real estate reporter diana olick is also here today. ivy, welcom

. >> talk about abercrombie & fitch. , talk about the abercrombie & fitch brand. i think it is a recalibration of not only the number of stores and the customers that they are serving. this is a fairly fickle one. you have to really work hard to get that customer back. that is where there challenges. do you think that they are going to have an initial public offering for j. crew? >> that isn't offering for them. they're are doing well as a brand. this is brought privately. they are bringing some changes on their own. a little bit easier to do in a private company than a public company. they have had a turnaround. that is very difficult. i think they j. crew is going to come back stronger. >> i want to thank you very much. coming up, you will hear the .uture we will speak with william cohen next. onthis is "taking stock" bloomberg. for a look at the market moving headlines, i want to go to olivia sterns. >> purchases of new homes rose unexpectedly during the month of january. it increased 9.6% to the highest level in five years. this indicates strength in the indus

abercrombie is up today. looking at the s&p going for that closing high.t i've ivy zelman on. >> welcome to the qul halftime" show. here's what's in our game plan today. solid foundation, ivy zelman about what's going on in real estate and where to invest. >>> going to pot. harry smith with a special report on the big money b

next abercrombie, the ceo said fat people shouldn't wear their close.e analyst expecting, up nearly 10%. lows posted strong sales growth, all of the shovels, snowblowers and sold in the driveway, lows up $0.05. next up, target as if it doesn't have enough headaches with the fallout from the data breach now the company is not happy about a tax between procter & gamble and amazon. what is the story? nicole: apparently it has only recently been released target, procter & gamble and amazon have a story to tell here. procter & gamble allowed amazon to set up shop in some warehouse warehouses because procter & gamble and amazon can work together and sent out those bouncy products quicker, faster and all great for amazon and procter & gamble, not great for target. target is upset with this move saying basically how can you do this because you're putting amazon ahead of others. why should we give you a prominent placement in our store, why should we put you on the end cap of the isles? they put some products back, but obviously this is a sensitive topic among t

we'll talk about where you should invest if you like the way teenagers spend money story get abercrombie & fitch, we've got latest fix. right now the competition is asleep. we're working harder than ever here on "money." we have you covered with the biggest stories that will shape your week it is your cash on the line because even when they say it's not it is always about honey. adam: the competition in new jersey is taking a map but money is on the move today. jo ling kent has details what you need to know is happening in markets overseas which were trading, jo? >> european markets closed. look at dow futures. they were closed up 2points this morning. s&p up two points and nasdaq up six points. nice green arrows across the board. in terms of data tomorrow and today nothing today. very little data tomorrow. we're waiting for fomc meeting minutes from ben bernanke's last meeting that comes out at 2:00 p.m. wednesday. looking at commodities right now, oil is trading up .62%. gold was trading at .79%. nice green arrows there. in europe look at markets. ftse was up but the cac and dax were a

as well, we have abercrombie & fitch.out there. >> he does that. >> you were one of the models in the window? you look good. collects the catch is that you have assured on. -- a on. >> the positions that they are taking on result of their alignment with amazon, they are the p&go play down products, taking them off the end caps. it will be an interesting play to see what happens. people like those brands. >> speaking of brands that people used to like, abercrombie & fitch coming out with full year earnings results. for 233,were looking it is right around where they were looking for. cap x will be $200 billion or slightly higher. we are still trying to get a clean number. >> same-store sales appear to be pretty good. idea here isthe that this is a chain retailer. when you are out of favor, where do you go? >> i just go there to get the bag that says fierce. >> i have a hard time focusing on the shopping. >> crowded, dark, smells. pressi look to their release, no wonder there is confusion, they have three different versions

>> if you're just upset with abercrombie & fitch any long-range department store would really upset heru if you want to be spritzed. they ask you. >> i've been spritzed without being asked. >> if i get spritzed there's going to be trouble. i don't want any spritzing. >> and for the record i'm sitting in studio with bill and he does smell divine. >> i know. but if i want a spritz i'll spritz myself. leslie marshall, everybody. and if you are mad as hell we want to know about it. please write us. madashell@foxnews.com. when we come back miss megyn on another awful teachers union situation involving hard drugs. and a young girl says she is a serial killer. megyn is next. honestly? i wanted a smartphone that shoots great video. so i got the new nokia lumia icon. it's got 1080p video, three times zoom, and a twenty-megapixel sensor. it's got the brightest display, so i can see what i'm shooting -- even outdoors, and 4 mics that capture incredible sound. plus, it has apps like vine -- and free cloud storage. my new lumia icon is so great, even our wipeouts look amazing. ♪ honestly, i want to

>> if you're just upset with abercrombie & fitch any long-range department store would really upset heryou if you want to be spritzed. they ask you. >> i've been spritzed without being asked. >> if i get spritzed there's going to be trouble. i don't want any spritzing. >> and for the record i'm sitting in studio with bill and he does smell divine. >> i know. but if i want a spritz i'll spritz myself. leslie marshall, everybody. and if you are mad as hell we want to know about it. please write us. madashell@foxnews.com. when we come back miss megyn on another awful teachers union situation involving hard drugs. and a young girl says she is a serial killer. megyn is next. ♪ ♪ ♪ (announcer) the subaru forester. motor trend's two thousand fourteen sport utility of the year. when you get some recognition, you can't help feeling alit, and a little pro. love. it's what makea subaru, a subaru. . . are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens

abercrombie and fitch's product plunged by 58% but the struggling retailer relieved investors with eastean earnings. cost cuts helped. the board approved a $150 million share buy back program. that stock surged by 11% closing at $40.04. home goods and marshall's parent tjx reported an earnings miss, blamed it on the cold weather. the retailer's profit outlook fell sort of analyst estimates. tjx did announce a new $2 billion buy back program and said it plans to increase its quarterly dividend. but shares were off by 1% closing at $60.29. >>> also from the retail sector, barnes & noble reported a profit for the holiday quarter. that's despite a decline in revenue. but losses in its digital book business continue to weigh down the book seller. barnes & noble also dismissed the offer it received last week from an investment firm for 51% stake. shares rose 4% to $18.47. >>> noodles and company reporting earnings after the closing bell today. and the results were weaker than expected. both profits and revenue missed expectations, and that sent shares initially lower after the report, ending the

. >> let's turn our attention and add to the mix, abercrombie & fitch. >> some stores are still reporting. , the teen three a's retailers, everybody is struggling. the entire sector, which is about 70% female. >> why is it struggling? macro rotation out of discretionary to nondiscretionary. there is no income growth. >> no one has excess money to spend. >> very few people. >> then you jump down. whether it is 18 retailer or a women's retailer, they have reported slow growth. they were down. then you jump to the teens. they have very dated concept. the concept has been in the same place where they have been for the last 10 years. they all locked customers to fax fashion. -- lost customers to fax fashion. forever 21, h&m. >> they cannot get the inventory in the other stores? cyclea shorter leadtime that is why they call it fax fashion. you can see it on the runway and then you will see it at h&m 82 weeks later. -- a few weeks later. >> exactly. >> they are able to deliver fashion that is current. fashion is not about fabric. it is about newness. into thes newness game. they have been doing

walmart up 2%, abercrombie up 24%. what does that mean?with profit margins. stuart: we didn't buy much. all that stock stayed in stock. sandra: on their shells. stuart: now they got to sell it, discounted and we will get bargains. sandra: we all get bargains and to get hurt? the retailers. stuart: the cold weather makes you want to book a trip to someplace warm. jetset her.com says 30% more trips were booked to more destinations thanks to the polar for tax. how about you? going any place? nicole: i would love to see people trade frostbite for sunshine. that is what they are doing. priceline and orbits looking good, orbits up 2%, jet setter.com says bookings for warm places like the caribbean and mexico up 38%. let's talk about rates these hotels charge. the rates they are charging are up 20% because layoffs are sold out demand. mean time in places like chicago and new york close frigid areas the hotel rates have dropped 7%. stuart: i live in new york. thanks. we don't want to be a downer. we hate being a delaware especially when the market

fourth-quarter profits beating estimates at abercrombie, buying back one hundred $50 million in the fourth>> number three, arrow post all, gaining six percent, working with barclays to explore options on the sales of convertible notes and preferred stocks to a private equity firm. so, not improving the product offering. >> they are under pressure from shareholders, actually. cablevision, up four percent as revenue topped estimates, the company reported its operating cash flow was up 49%. cash flow is something that people buy these cable providers for. >> getting to our number one , barnes &he day noble, jumping four percent after posting $60.3 million in third-quarter profits. the company is cutting spending and its digital unit, with job cuts announced earlier. this all settles out. looks like right now we are not able to get to the new record on the s&p. just a few points shy of 1846. that looks like the level we are at right now. the dow jones industrial average closing out the day at 16,206. [closing bell] is the level. >> but we are close. about today is that retailers were doing rea

abercrombie & fitch also talked the analyst estimates.pany announced it would buy back $159 worth of shares in the current quarter. lowe's also announcing a buyback, supporting in-line earnings before your forecast is below the estimates. turning to airbus, record backlogs of 21% over last year in spite of over $1 billion in write-downs. i spoke with the cfo and this is what he told us about the challenges he faces. >> this is -- we had to take a charge in the 2013 numbers. we need to make sure the ramp-up in line with the schedule and the customer commitment remains on track will stop from today's point of view, we have our hands around it. we will focus our maximum attention in 2014. >> onto beer. anheuser-busch is the biggest brewer in the world. the rolled cap is this summer. and more expensive craft beers. bigger brewers are going smaller to get bigger. >> first, what is a craft beer? a lot of people think their beers are in small batches. a craft beer is any beer brewer that makes less than 6 million barrels a year. that is a heck o

maybe theme two 2013 that pleads to 2014, the right apology, lululemon offending a lot of pple, abercrombie right apology is part of the business model. you may have a chief apology officer soon? >> you maybutot just about saying you are sorry, this is a experience for end consumer, it hasn't to about the experience for home, right now it is not good. charles: you hear that music, you know tt means, time for the night cap. gary, tomorrow? ? >> charles issue gold, 2 1/2 year bear market over, you saw it last week, i think it continues in months ahead, i think you with buy goal or silver, and underlyingtocks here, i am not sure what it means for market, i'm focused on that area right now, i think it will be a great few months. charles: gary, does that infur we may see inflation? >> look, i think we have inflation already, the numbers coming out of the government are a joke, they changed how they rate inflation years ago, i think this is out there. the big key is, interest rates, if they stouter to back up big time then we'll know. charles: zach. tomorrow in. >> i don't want investor focused o

. >> abercrombie says today it will be closing 60-70 of its u.s. stores. >> over-retailed. julie hyman and mike mckee. moving and shaking this hour, j. crew ceo mickey drexler, whose company may go public this year. according to people familiar with the matter, that clothing chain is talking to banks about an ipo. pbg and leonard green and partners bought j. crew for $2.6 billion. since then, drexler has increased the number of stores and expanded to london and hong kong. j.crew might be valued at up to $5 million at a public offering. the timing might be right. the retail index is up 35% in just the last year alone. john paulson could be getting set to deepen his investment in retail. the hedge fund is in talks to buy a resort complex with more spending in the pipeline this year. the island struggles under the weight of a debt load. stephanie ruhle has more details on john getting into the resort business. he is good if you remember last year he took a big stake in a bahia resort could he was spending half $1 billion there. he has his checkbook out again, that he. -- check

five new board directors at abercrombie.tors have pushed for the company to put itself up for sale. >> another headline, something we have been watching closely, has been california. suffering some of the most severe droughts of its history. it is affecting many businesses throughout the state. erik schatzker has been traveling throughout the state to get a closer look. he joins us now from paso robles. what has been the most striking as you walk around? >> the most striking thing is quite simply the lack of water. you need to come to california to see how dry this place is. this is february. it is usually green in central and southern california. right now the state, at least this part, is brown. you will see very little green. the vines are dried up, but that is normal for this time of year. it is everything else not getting enough water. i came here to talk to these people about how the drought is affecting the wine business. the truth of the matter is other industries are affected throughout central and southern californ

i think both of them are in a tough position and would avoid both of them. >> yeah, and abercrombie you'reg has made shareholder friendly management tweaks. >> they have. over the last few weeks, there was a lot of controversy. should the ceo/chairman leave the company altogether because of all the publicity problems that have plagued the company. so they've separated the chairman and ceo role. so they're doing shareholder friendly things. >> they need to because the shares down 60%. >> yes, and if you look at the european business, about 30%, that's been sort of the biggest disaster, comps are still down double digits. you know, you look at those stores. i travel all around europe looking at stores, traffic. they're still under immense pressure and they're incredibly expensive real estate as you know. >> who's winning then, stacy? >> who's winning is macy's. offers the best value and also they offer the best omni channel experience. the retailers that can do everything in terms of online, in store and put all the pieces together are winning. >> you see that in uk. relatively speaking pret

maybe theme two 2013 that pleads to 2014, the right apology, lululemon offending a lot of people, abercrombieogy is part of the business model. you may have a chief apology officer soon? >> you may, but not just about saying you are sorry, this is a experience for end consumer, it hasn't to about the experience for home, right now it is not good. charles: you hear that music, you know that means, time for the night cap. gary, tomorrow? ? >> charles issue gold, 2 1/2 year bear market over, you saw it last week, i think it continues in months ahead, i think you with buy goal or silver, and underlying stocks here, i am not sure what it means for market, i'm focused on that area right now, i think it will be a great few months. charles: gary, does that infur we may see inflation? >> look, i think we have inflation already, the numbers coming out of the government are a joke, they changed how they rate inflation years ago, i think this is out there. the big key is, interest rates, if they stouter to back up big time then we'll know. charles: zach. tomorrow in. >> i don't want investor focused on n

should be shared among legislatures and the state's previous administration in addition to governor abercrombie's efforts in reaction to not calling for new taxes in the speech. he suggested a tax credit for the state's senior citizens. >> welcome to booktv on c-span2, 48 hours of nonfiction books and authors every weekend. this weekend the c i a former legal counsel discusses his 30 years at the agency. watch him discuss his follow-up book to a long way gone and watched programs on reconstruction and the relationship between the pope and missile the. this and more on booktv on c-span2 this weekend. the full schedule was available at booktv.org. >> the career of have arnold commanding general of the u.s. air force during world war ii. .. >> and thanks to willie for invitig me to come and talk. well, i'm here today to talk about my favorite children's book author, and that's a man named h.h. arnold. here are a couple of his books. we've got bill bruce and the pioneer iowauateers. we've got -- aviators. we've got bill bruce becomes an ace in world world war i. so, yes, hap arnold was a children's b

. >> now to honolulu, hawaii, for the state of the state address from democratic governor neil abercrombie, the state's seventh governor having been elected in 2010 after serving 29 years in the u.s. house. his address is half an hour. [applause] >> thank you, everybody. very kind. thank you very much. you are very kind. thank you. i felt like jay leno saying hello to jimmy kimmel. thank you very much. before i begin, can we have a big hand for our congressional delegation who were smart enough to be here rather than in washington where it is snowing? [applause] >> madam president, mr. speaker, members of the hawaii state legislature, former governors, distinguished justices of the courts, mayors, a congressional delegation and other elected officials and honored guests, family and friends, aloha. as we begin our session i asked you set aside our political preoccupations of the moment and reflect on the privilege we have to serve and the responsibility we have to look to the rise and beyond our own concerns. i ask the we begin with a moment of silence to honor hawaii national guard sergean

. >> retailers, abercrombie up 10% at one point. what is going on?ll ringing] >> they are came out with a great quarter. beating their buddies, american ebel and aeropostale. david: a bit of a mixed picture here. we see all in the green. that is good news. the s&p just barely eking out a gain although we may see it go negative as things settle. it is all in the green. a wait-and-see attitude on the part of the marketplace, particularly waiting on those jcpenney numbers. waiting on ideas what will happen with consumers. we should mention housing is a consumer market. consumers buy houses. they have been buying a lot of new houses. that has been helping those stocks tremendously today. individual sectors doing quite well on a day when the overall market is basically flat. liz: that lead us to the first of our front page headlines, the housing market, a surprise any wwy you slice it. new home sales did total opposite what existing home

surveillance images show one offender is wearing a maroon hoodie with the abercrombie logo. the other, wearing a black hoodie. police say both men are black... 17 to 22 years old... 5-foot-3 to 5-foot-5... and clean shaven. the getaway car is similar to this, a light-colored ford windstar. if you have any information, please call the police. a stolen 300 year old violin has been found in good condition. this violin, which is worth five million dollars, is now at milwaukee police headquarters. it was taken from northwestern lecturer frank almond. he was attacked with a stun gun after a concert in milwaukee more than a week ago. police arrested three people monday, but charges are pending. investigators say they found the violin in one of their apartments. the price of policing is getting high again. the chicago sun-times reports, the chicago police department spent more than a hundred million dollars on officer overtime last year. some officers collected more than 78 thousand dollars in o.t.... that's even more than their regular salaries. some aldermen argue, officers may bu

today's earnings reports, we'll hear from lowe's, dollar tree, sodastream, tgx the parent of tj max, abercrombieenney. >> if that's not enough also an the agenda target reports fourth quarter earnings before the open and what investors will be looking for is any update on the breach that saw over 100 million customers' data stolen. how much will the canadian expansion weigh on the bottom line and what kind of shadow the weather has cast over its fourth quarter results. we'll get the analyst's view on that in just over 30 minutes' time. >>> still to come will the crisis in ukraine create further tension between the kremlin and europe? stay tuned. save you fifteen percent or more on car insurance.d everybody knows that. well, did you know pinocchio was a bad motivational speaker? i look around this room and i see nothing but untapped potential. you have potential. you have...oh boy. geico. fifteen minutes could save you fifteen percent or more on car insurance. i'm spending too much time hiring and not enough time in my kitchen. [ female announcer ] need to hire fast? go to ziprecruiter.com and po

abercrombie and fitch reported $1.34 per share beat estimates of $1.03.>>> let's get more information on the target earnings. we dig into the earnings with chris korvers from jp morgan. >> i think you have to dig into the numbers. on the face of it it is not that shocking. the minus 2.5% comp. there are scary things in there. they reported a 4% gross margin in canada, lost a billion dollars in canada for the year. originally expected to lose about a third of that. what we don't know as you look forward is they guided to the street. it is very back half weighted guidance. they guided by about 10%. mathematically that suggests they are banking on a big rebound next year in the fourth quarter. they didn't tell us how much they expect to lose in canada. i think that is an important data point on the conference call that we need to get and how they think about the u.s. business currently. clearly as you know most retailers weather has been very bad and a slow start to the year. you could have negative catalysts hanging out for the conference call. >> from your

record territory and investors also been digesting earnings reports from retailers including lowe's, abercrombie fitch, and barnes & noble. >>> target also reporting earnings showing the massive data breach cut its profit by 46%. the retailer says sales fell nearly five 1/2% as the breach scared off customers. and as we mentioned before, delta making major changes to its frequent flyer program. it will reward those who buy its most expensive tickets as @pposed to those who fly the most miles. the program doesn't go into effect until 2015. those are some of the hot stories right now on foxbusiness.com. >>> coming up, the white house is claiming another obamacare victory. we'll have the real numbers. >>> next the va seems to have the solution to the growing backlog. just destroy the files. we'll tell you all about it coming up. ♪ ♪ we asked people a question, how much money do you think you'll need when you retire? $500,000. maybe half-million. say a million dollars. [ dan ] then we gave each person a ribbon to show how ma years that amount might last. ♪ i was tryingo like pull it a ltlfurther. yo

companies, maybe theme from 2013 to 2014, the right apology, lululemon offended a lot of people, abercrombie the right apolicy is now part of the account model. you may have a chief apology soon. >> it has to be product, above and beyond, about the experience for them, and right now it is not good. charles: you hear that music. you know what that means, time for the night cap. gary, tomorrow? >> charles, i think gold, 2 1/2 year bear market is over, you saw it last week, i think it continues in the months hey, i think you can buy goal or silver, and -- gold or silver, i am not sure what it means for the market, i'm focused on that area right now, i think it will be a great few months ahead. charles: gary, does that infer we say see inflation in. >> i think we have inflation already, i think that numbers out of the government are a joke. they change how they rate inflation years ago. it is already out there the big key, is interest rah rates, if they back up big time we'll know. charles: zach. >> i don't want investors focused on next 20%, no one knows whether it is up or down, focus on 200%,

at a lot, aaron's rent a centers, another public company we looked at, american eagan bell and abercrombie & fitch and aeropostale, competitors in spae struggling with getting styles right and getting them out to the market quickly. jay shot 10 stein is back as ceo. he ran the company from 1990 to 2000 two. there is no debt. 250 million in cash. there is 1000 stores. new stores are opening up and they have been very good to shareholders and dividends, buybacks and occasionally a special dividend. not sexy today but i think you could get a higher price if you're patient. liz: might be sexier than ryan's picks because that is why we love you as a pair. ryan going in completely different direction with names like ak steel. you like market vectors, gold miners. you are going in the direction where people ran from last year but ak steel, it is interesting, 23% of this float is shorted? why are bears so bearish about this and you're so positive about it? >> that's right, liz. we talk about steel. had a terrible year and really good fourth quarter. we compare it to solar what we saw last year. so

he's a legendary photographer and filmmaker best known with his work with top designers, like abercrombiend finch and calvin klein. he's used his passion to tell other less mainstream stories. he photographed 17 transgender models for barney's 2014 spring campaign. it is called brothers, sisters, sons and daughters. through stills and highlights the struggles and triumphs of trans people in our society. here's a look. >> i felt different. maybe when i was five or six. when you're really like starting to understand if there's a difference between girls and boys. and that you're not the same. and i did tell my parents, a parent. and it was met with a lot of anger and negativity. so i forgot about it and just let it alone. >> i just wanted to be a girl. and how i behaved was frowned upon. at home and outside home. so very early on, i was confused. >> in high school, i identified as gay. i never really wanted to use the word lesbian because i knew that i didn't identify fully as a girl. also that didn't feel appropriate. >> i am pleased to have bruce weber back at this table. welcome. >> than

i wouldn't be chasing the abercrombie and fitches of the world, if you will. there's a lot of broken stories out there. >> everyone is concerned about weather on the economy. guide down that is coming. how aggressive is it going to be because of weather? >> i think weather has a..ed another dimension. ford gave numbers, you know, the other day saying that they blamed weather for a big piece of it. so i think when you speak of most of the retailers january and february, relatively small immaterial months on the clal der. it comes to march and achpril. weather has been horrible. their sales are going to be sourced and retailers don't know if it's a economy or weather. when they give you their guidance at the end of february they're going to be extremely conservative. >> i bet the comments are going to be all over the weather. good to hear you against the -- we'll see you soon. >> okay. >>> coming up, oh, quickly, jcpenney. i wanted to hit you on that. >> sure. as far as under armour, i can't believe their quarter and i think that thing goes higher. jcpenney toda

target, dollar tree, tjx, abercrombie & fitch at the low end.ould think these stocks are not going to do very well today because stocks move on guidance. put up the major moves here. there you go. the bottom line is this. we see a lot of companies taking off shorts today. look at the other retailers. these guys didn't say anything, didn't have any news out but they're moving up because we are getting shorts being taken off. remember, every retailer talked about it was the coldest winter in 20 years so a lot of analysts went in dreading what was going on. now that we have the guidance we are getting, while it's disappointing, the amounts of the guidance below expectations is not tremendous. there's a little bit of sigh of relief. bottom line, it's not quite as bad as everyone had feared. that's why we are getting -- >> a lot of talk of a bounce-back as soon as the weather clears. for the moment, thank you very much. >>> we've got the s&p in record territory, the nasdaq hitting a new 14 year high. what does that say to you as an investor? welcome

abercrombie & fitch is doing $150 million.f trades at a much lower market cap, so that mean something to those investors. >> think about the product spectrum of lowe's. home sales are way up, and they had a good quarter. ofthis is just more evidence how little -- ♪ >> from bloomberg world headquarters in new york, this is "market makers" with stephanie ruhle and erik schatzker. revolutionize the stock photography industry. founder jon oringer started the company by taking thousands of his own pictures. he is back with us to talk about his own journey. how did it all got started? >> out of my own needs. theeded imagery for software companies. i was shooting them myself. >> the images were hard to find, or hard-to-find to find at a cost you were preparing to pay? >> they were hard to find at the right cost. myas into writing in apartment trying to figure out what software i can build -- >> how old were you? >> 22. >> did you ever have a job, working for someone else? >> may be a summer internship. >> so when you finished school,

. >> abercrombie & fitch rising more than 11% after profits topped estimates.bought back $150 million worth of shares. target rose by more than 7%. the biggest gain since 2009. it is beginning to bounce back from the data breach over the holidays. sears and jcpenney reported this morning. retail. a mixed bag on make easy to sit here and big pronouncements about retail and the american consumer. you have to dig down. what do we have on crimea? >> very much so. it little history lesson. it is a peninsula of 1.9 million people and extends out into the black sea. it is part of ukraine. overnight, 120 militants took over the parliament building and raised a russian flag. croft is with us. >> spy. >> geopolitical strategist. why has crimea become the latest flashpoint? >> this is something that everyone was very concerned about. a russian speaking population. the concern was that with yanukovych john, were you going to have the russian speaking population feel under siege and call for russia to come in on their behalf? some are saying they want to rejoin russia. big

charles: we sought with lulu live in, we saw with abercrombie and fitch, they paid a heavy, heavy tollrney's new time. that is next. ♪ with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because theyw i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. iwe don't back down. we only know one direction: up we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com (voseeker of the sublime.. you can separate runway diculousness... from fashionhat flies off the shelves. and you...rent fronati

that goes back to governor abercrombie's point on the training side. it takes resources to train these folks to make sure they're able to respond appropriately and make good decisions. the red cross volunteer hours are countable hours for you as governors in your state with regard to your 25% cost share on public assistance under the stafford act o. in superstorm sandy between new jerk and new jersey volunteer -- newotaled 184 plus york and new jersey, volunteer hours totaled 184 million dollars. some of the homeland security grants on the hospital preparedness side of the house, these red house contributions can help defray some of the cost that states would have to make. in summary, our job at is to support the field. after trying to do that 132 years of history and doing it in a slightly different way. i'm reminded of governor o'malley's comments that i echo off into our staff. best second, not second best. andle have found efficient effective ways of doing business and replicating that across the rest of our infrastructure, learning from ourselves

applause] now to honolulu hawaii for the state of the state address from democratic governor neil abercrombie of the state's seventh governor having been elected in 2010 after serving nine years in the u.s. house. his address is half an hour. [applause] [applause] >> thank you everybody. you are very kind. thank you very much. you are very kind. i felt like jay leno saying hello to jimmy kimmel. thank you very much but before i begin can we have a big hand for our congressional delegation that are smart enough to be here rather than a shinki and where it's snowing afoot right now. [applause] madam president, mr. speaker, members of the hawaii state legislature former governors, distinguished justices of the court's mayors representatives congressional delegations and other elected officials, honored guest family and friends, aloha. as we began our session i asked that we set aside our political preoccupations for a moment and reflect on the privilege we have to serve in the responsibility to look to horizons beyond their own concerns. i asked that we begin today with a moment of silence to ho

i really doubt you're going to feel like you're buying from abercrombie or buying from ralph lauren ifnd really this is supposed to be ebay's area and shop runner. so if amazon gets in here it's dangerous for those retailers but especially bad for ebay. you've got to bet john donahoe is picking up the phone trying to stop this from happening. >> so many shifting winds right now, jon. unbelievab unbelievable. >>> when we come back, taste tests involving one particular toothpaste brand. you might find the flavors to be somewhat outrageous. but first up, we'll go to the winter games going to the home stretch. i'm beth... and i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to focus on the things y