>> i think that nike back about three years ago, when adidas started to show their stuff, they didn'think that was sustainable, and was complacent in a modest way. given the speed of information picking up, that left them somewhat flat footed now they're coming back and trying to come back strong i think adidas was starting at a lower base, but i don't think they have the breadth nike has i think nike just let their guard down a bit a few years ago. >> sam, lay out the playbook for 2018 you have big players like nike, also adidas, under armour. let's talk about the north american market which seems to be the concern how do these companies stack up? who will come out ahead in 2018 given what you know now? >> i think it's going to be a real battle. i don't think we'll get clarity until the middle of '18. i think some of the retailers could be the winners in this more so than the brands, at least from what we've seen right now. it's become a law of scenarios adidas has to be more innovative, broaden their offering under armour has to make decisions about distribution or they'll probably

great that's great for adidas. that is, that's fantastic. i love adidas, what i wear, but it doesn't mean nike is not going to win even more so because of the international growth. >> hand here's the other reason. >> it's a good thing i provoked you because that's a good answer, man. >> another reap. the corporate tax rate in germany, even though it was cut from '06 when it was up around where ours was is 29.something in germany when you look at that tax rate versus nike's new tax rate, 21 and a 14 repatriation rate, jim, i think those are two other reasons you want to buy nike over adidas. >> last point. >> asia is where you want -- i mean, that's where you want to see growth there's a much bigger market there, so, yes, they missed on north america, but i think the asian part has been so downplayed on that earnings. >> pete, stay with us. we're just getting warmed up on "the halftime report." >> next up, shake it up. one analyst's call has investors thinking twice about shake shack. also today, the call of the yea

>> adidas, whatever.s a nice story but a bit egregious showing everyone how much he bought but anyway >> you can tweet about it because the library of congress is changing its way. the federal institution says it's no longer adding every public tweet to its ar kooarchis it cites the larger volume of tweets being generated these days to double its character limit. this one makes sense they were getting a billion tweets a day back in 2013. can you only imagine what they are now? >> i agree i think it's a sensible change landon, thank you very much. >> thanks. >>> still ahead on "worldwide exchange," just three more trading days this year we're breaking down how to get the most from your money plus looking forward to 2018 the deep dive into financials. great reporter brings you that data for 2018. to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in j

nike does have a lot of fashion products adidas has been fun with its significant shoes from back in day, stan smith, superstar, models like that, the samba, nike has the same thing. there's a lot of iconic shoes in nike saes catalog that they can reiterate. the air force one is a very good example that continues to perform extremely well for them. don't forget about brand jordan. a brand that has so much opportunity and for the all-star game coming up next year, they are going to launch the very first russell westbrook shoe very first model of that at the allstar game that's going to be a brand jordan event you'll see that coming back in a meaningful way. >> i'm happy you'll see what price action looks like after the bell thanks. >> good to see you >> when we come back, the opening bell just a few minutes away don't go away. ♪ ♪ ♪ ♪ what we do every night is like something out of a strange dream. except that the next morning... it all makes sense. fedex powers global commerce with vast, far-reaching networks... deep knowledge of industries... and, yes... maybe a little magic. ♪ some

inside was a gift card to netflix and amazon, some adidas socks and pair of apple phones and a mickeypurchased $100,000 gifting them all to his wife. must be nice to have a millionaire. >> doesn't adidas make the yeezys. >> all those stocks are up. >> that's not a bad thing. coming up turn down for what? >> rapper littlejohn. >> not how he says it. >> spokesman for papa john? 5 at 6:30 after the break >> according to a new poll americans have very different views on what exactly constitutes sexual harassment which of course makes it difficult to actually police the workplace. age race and gender can make all the difference in perspective. a lot of adult agreed intentional groping or kissing without your consent qualifies but they disagreed about things like unwanted compliments about appearance. your hair looks great. >> i'm sure that's not appearance they're talking about. >> 40 percent of adults say comments doesn't amount to harassment. 52 percent of people from they considered nonconsentual hugging to be harassment compared with 35 percent of whites. >> nonconsensual hugging. >> i

david: so when you started your company nike, the dominant companies were german, adidas and puma.they happy with you coming along and did they try to get you out of business? phil: they didn't worry too much about us until it was too late. we kind of snuck up on them. david: in basketball, you have somebody named michael jordan. that's a basketball player you have heard of, right? phil: i've heard of him. when we started making shoes, we made them really dramatic. david stern did us a huge favor. he banned it in the nba. we ran a big ad that said banned in the nba, and every kid wanted them. [laughter] david: when you wear his shoes, do you jump higher. if i wore those shoes, i wouldn't be jumping higher, right? phil: you might. david: really? i might go get some. ♪ ♪ david: there was a university of oregon runner, steve prefontaine, a legendary track star, and you became close to him. how did you get him to wear your shoes? phil: well, we worked at it and worked at it and worked at it. obviously, that he had worn adidas his whole life, but he was right there in eugene, and we had

for various reasons they've struggled a little bit, some of that the competition from adidas you gotayside that has hurt under armo rrur a lot. >> remember technology, you can now make sneakers with computer code don't need that many humans to do it. you can make sneakers anywhere in the world the ability to move in, become competitive in the sneaker industry, getting smaller and smaller and adeed decemb deedid them a run for the money >> no records. plus signs nonetheless we are waiting for the vote in congress on the spending bill. that could happen this next hour as well on the second hour of the "closing bell" with kelly evans and company. see you tomorrow, kell >>> thank you, bill. welcome to the "closing bell," everybody, i'm kelly evans dow is up 124 points at the highs of the session today we lost a lot of that on the close. added 57 own the bell there not record territory eight points shy of that closing at 24,784. s&p 500, meanwhile, up 5 1/2 points to 2,684, below its record close nasdaq today, actually i can't tell you russell 2000 up 7% to 1,547 for the small caps just s

apple, amazon netflix and adidas. hank smith is there to analyze that. bet you never thought you'd get that question. i absolutely did not. i hope it's starting a trend. i could not think of a better gift. just give me stocks. let's talk about this. i hundred five instagram followers. what did you make of the choices. did you like the technology names that he picked. i agree with you the blue chip companies let's start out with the fact that they are high-quality companies they are not speculative companies. the odds are that she could be a long-term shareholder. it's really concentrated in technology in consumer x score discretionary. it is very hard to get a lot of diversification when you're just giving a hand full of stocks i would so give him high marks. what you think is missing. there is nothing in what you would call the defensive areas of consumer staples or healthcare they are all companies that do better in an economy that is rising they are probably not going to do as well with an economy that stalls or even contracts a little bit i don't thi

and adidas up by 30% or so.pening across the closing -- clothing apparel line, sportswear. china the biggest growth factor. they still have room to grow. yvonne: absolutely. given the fact you see sneakers very much a fashion statement like boots and pumps in hong kong. remy inocencio, thank you. it has been a roller coaster ride when it comes to bitcoin. the first four days of this week it fell 20% from monday, entering what could be defined as a bear market. market,considered a when a big doubled 1500% for the year? ceo spokeerica's about the cryptocurrency's merit. >> we talk about digital movement of money. one half of the money for bank of america move digitally. it is nothing new. anonymous currency, that is a different question. it is a policy question. that is what you see people struggle with. i don't think we want to. the reason why the $100 bill was the largest in nomination was to make money more difficult to move, other than through a verifiable system. that is a lesson a lot of economies learned ov

know anybody who wears adidas since run dmc.nd to that to me is insane. that's what i got out of that story. required got a did he today's stock. >> for him to buy it. >> he's also -- wayne. isn't his yeezy line tied to like adidas somehow. >> got to be a connection. >> no way yeezy is out selling nike. >> it's not. i'm telling you they know something. >> you're right. the stock way up there. something is going on. if there's a connect. something is going on. >> i look at it people way lost money like to make a lot of money. i'm keeping track of what he's buying. >> money makes money. >> that's why i asked steve if i can get some. i'm too late. let me know when it gets down to five dollars. five dollars i'll get two. >> half a share. >> explain to me bit coins in the commercial break. >> nbc struck gold with the will and grace reboot it's trying to cash in on the sitcom nostalgia. last week we heard office reboot, maybe in the works. >> no. >> another '90's comedy could be coming back as well. this time we're talking about mad a

. >> adidas. >> they're supposed to make i you really fast. >> remember that scene earlier in the yeard slime. all over me? >> no, i don't remember that at all. >> it's season of giving. i figure this time as a gift. >> you wouldn't. >> this is my thanks. >> you wouldn't. >> i don't want to get frank, but, here we go. >> merry christmas, everybody. >> there you go. merry christmas. >> frank will probably lick all this up. >> ooh. >> merry christmas. hd5 hd5 i'm joy bauer, and as a nutritionist i know probiotics can often help. try digestive advantage. it is tougher than your stomach's harsh environment, so it surivies a hundred times better than the leading probiotic. get the digestive advantage. that cough doesn't sound so good. take mucinex dm. i'll text you in 4 hours when your cough returns. one pill lasts 12 hours, so... looks like i'm good all night! why take 4-hour cough medicine? just one mucinex lasts 12 hours. let's end this. can this much love be cleaned by a little bit of dawn ultra? oh yeah one bottle has the grease cleaning power of three bottles of this other liquid. a d

adidas, amazon, apple, hundreds of thousands of dollars worth of stocks.e shared this on instagram with a banner that says ex-husband miller. one image showed the 920 shares of disney worth an estimated total of $100,000 right now. 995 shares of the divas by $169.40 which brings the total value of almost $170,000. but the gift that keeps on giving. lea: you can put it in a box that doesn't sparkle. >> is it just me or the apple at your bug, they don't say it. never have. lea: i've never been able to use those. they don't fit. adam: mr. cook, 320 million of us. can you mix of earbuds that said when you're running. >> that's another story. lea: we certainly will. keep our viewers wondered about that. adam: bitcoin features following a sharp selloff over last week. good morning to you. getting up early to talk about bitcoin. some people call it a bubble. other people call it a bubble. i think it is the pinup pops, and the legacy financial said the bubble. i think this thing has been the money has been printed excessively without any controls and 20 million mi

cam in high school. >> adidas he put one and four and three together and then wore the number 143. it was big across his chest and his back. >> is that true. >> yes. >> add it all together and we have eight. >> the number he wanted was 24 because he had played. >> we have a little numbers, so it all work out for him playing 20 fabulous years. >> my favorite number is 11, is what yours. >> eight. >> is it eight. >> yes, infinity. >> upside down, sideways and falling over. >> yes. >> or infinity uprighted. >> yes. >> right, sue. >> right, now we have number nine, number nine, number nine , it is today's number. we have green on radar but doesn't amount to anything we will tell but the fabulous 50 's in store for today and give you a preview of the weekend coming up, lauren. >>> good morning, sue, it is happening again amtrak dealing with another deadly derailment and we are hearing more about positive train control, all that coming u amtrak train was going more than twice the speed limit when it derailed near sat about this time. situation anotherly similar to what happened here in p

. >> adidas. >> they're supposed to make i you really fast. >> remember that scene earlier in the yeart scene? >> when you poured slime. all over he? >> no, i don't remember that at all. >> it's season of giving. i figure this time as a gift. >> you wouldn't. >> this is my thanks. >> you wouldn't. >> i don't want to get frank, but, here we go. >> merry christmas, everybody. >> there you go. merry christmas. >> frank will probably lick all this up. >> ooh. >> merry christmas. ♪ she's had a tiny cough. see you at 5! seriously? protection. lysol kills over 100 illness-causing germs and viruses, even those that may cause coughs. lysol. what it takes to protect. i'm joy bauer, and as a nutritionist i know probiotics can often help. try digestive advantage. it is tougher than your stomach's harsh environment, so it surivies a hundred times better than the leading probiotic. get the digestive advantage. >>> well, if you enjoyed the gift swap between kendis and diane, we have a greater gift for you this morning, kendis trying to join a boy band. >> i don't know if it's necessarily a gift. appa

cool headline to talk about if you didn't hear kanye christmas, disney, amazon, apple, netflix and adidasne report said they were valued at about $300,000. now, it got us thinking beyond the celebrity headline, about how this might inspire young people to invest in stocks whether or not it's a good idea, especially the idea of picking individual stocks like kanye did for kim versus funds that hold a variety of stocks. so, i spoke with a certified financial planner, mark avalone about this. take a listen. >> there always is a risk with owning one stock just because kanye owned apple that doesn't mean each person should go out and buy apple. investing is a custom decision and certain stocks can trail the market for a long time but overall this is a really good way for young people to see that their idols, the people that they follow are buying stocks and investing in america's best companies. >> so, there you go. he said overall it thing, maybe it gets young people talking about investing. but i had to at least bring up the point with him, i said what if young people who don't know anything

here in the united states, it's adidas who is winning. under armour can't get anywhere. allergan is interesting, brett saunders is an interesting ceo they've had one problem after the other for the entire year. if the pipeline -- >> what was that ugly chart? >> i like the pipeline if the pipeline can deliver, this is a company that i think can be over $200 very rapidly. >> i mean, look. as a technique thing, this is important, you spoke to momentum once you're in a ownward momentum slope, it's very hard to stop that the issue is, if you're going to dig around the dumpster, it's better to wait for something to at least start to bottom >> any of those have that look >> not so much >> do they have momentum to the downside >> sure. >> more losses to be incurred. >> when you think about it, it's either idiosyncratic, like chipotle or foot locker, or it's thematic most of the stocks have that that's not specific to the companies. >> ge is really interesting to me because the opening tick of the year on january 3rd was the high of the year the stock is down 45%. if you look at

ma: major companies like apple, like adidas, like walmart, before they sign a contract with local suppliers, they will compare that list with our list of violators, and motivate those violators to take corrective actions. reporter: using a specially developed app, anyone can upload photos of alleged environmental transgressions, which are then visible to all and sent directly to local authorities. it's been an effective tool. greenpeace has praised china for moving away from fossil fuels, but is still critical about the country's energy policies. collapsing markets at home have forced state enterprises to move abroad. lauri: chinese companies and chinese banks have become some of the biggest developers and financiers of coal-fired power plants abroad, ranging from vietnam to africa to indonesia. this is a very harmful development. reporter: domestically, there are still many problems to overcome, like feeding energy into the power grid. currently, large amounts of energy are wasted. zhang quan is aware of the contradictions. does he think china can play a leading role in climate protection?

nike, the world's biggest sports brand, is losing share in its home turf to germany-based adidas. world are around the scrabbling to finish off a flurry of deals today before bankers and executives break for the holidays, and the disease december in at least 12 years. companies have announced $361 billion of mergers and acquisitions this month alone. this according to data compiled by bloomberg. latest "business flash" update. still ahead, cvs has grand additions to change the face of health care. ♪ vonnie: this is "bloomberg markets." i am vonnie quinn. we have breaking news -- want to update you once again on this atz hasat michael novogr a shelved plans to start a crypto hedge fund, as became news a couple weeks ago, when the hedge fund manager said he was going to start a fund specifically dedicated to cryptocurrencies. "we didn't like market conditions." he said the galaxy hedge fund, as it was supposed to be called, was due to launch december 15, seven days ago. znce again, michael novograt shelving plans for the crypto fun, and he says bitcoin may drop as much as a thousand

i did buy a pair of adidas sneakers in december. when i get into it is out. the u.s. automobile industry crashing an eight year streak. sales ticking downward. what is driving it and what it means for auto sales? julia: did you buy them on sale, by the way? scarlet: i only buy them on sale. this is bloomberg. ♪ ♪ scarlet: what'd you miss? the u.s. automobile industry saw a decline in sales in the first time in eight years. there is reason to believe it will continue decline in 2018. joining us now to discuss is number intelligence senior analyst kevin tynan. clearly the numbers from 2017 show they are fairly late in the cycle of new cars. how different will 2018 look, rollover?nsider the kevin: keep in mind the decline from 2016 which was a record year to 2017 is a decline or a plateau. it is at a very high level. 17 million units in the u.s. is very sustainable in terms of profitability and getting auto makers off of incentives. while it is a decline, and that will be the headline, the fact of the matter is it is at a sustainable level. plus, you have a mix

two months ago there were people on this desk saying adidas was the best company in the world and it's gone the other way. >> i think -- i mean, nike had a couple of things to say, none of which were good for foot locker. north america being soft is one. the direct to customer is another. it does make you wonder, if north america is soft for nike, is it also soft for under armour as well. i don't know >> the tax rate issue. i'm going with an effective tax rate 38% going down to 21 >> guy >> i said nike was going to push up to 68 1/2, 69, from its all-time high in 2015. it didn't get that close tim mentions valuation i think this quarter forces people to look at valuation. earnings were down 9% year over year that is without question true. so that's not necessarily a good thing on the back of the run the stock has had. so i'm going to have to reevaluate and see how it trades tomorrow maybe that 68 1/2 was too optimistic >>> ahead, tax cuts are coming how should you manage your portfolio? our very own tim seymour will our very own tim seymour will breadok wn the tax cut playbook. lot of

she was wearing stone washed jeans and dark blue jacket with black and white adidas sneakers, they believe the shooter entered sunoco a-plus gas station, just before 10:00 . the they got into an argument with a man inside the gas station's mini mart. the argument spilled into the parking lot area and that's when the shooter took out a gun and let out a dozen shots. he shot the man he was arguing with, a 31 year old man, had the g him four times, twice in the chest, twice in the head. >> he is presently in extremely critical condition. he's in the operating room. >> the 31 year old man shot, he's still fighting for his life, his condition, so severe , that homicide detectives have been put on in the, that they may have to take over this investigation. outside philadelphia police headquarters, alicia, cbs-3, " eyewitness news." >>> in other news this noon, police are charging the man accused of the new york city subway bombing with supporting terrorism, making terroristic threats, and using weapons of mass destruction. officials say that ikea ullah stride a pipe bomb to himself and tried dea

there's the logo of the sponsors adidas it's the thirteenth time since one thousand nine hundred save the idea of sponsor the world cup full without the tango it's funny and ninety nine thousand say we've had the chapel on inside africa in two thousand and ten but this is going back to the beginning nine hundred seventy was the first on the sponsor local boards and they've gone back to the future with this design this is going to be what's kicking off the will cope in the business you studied in moscow right the wife or it's the end in the middle of july the one come out right. but i cite you on a whirlwind trip around the eleven cities starts with old crowd of old grabbed my father. let's go to a concert remembered hello catherine good let's go it's a good sign we were here for the confederations cup i thought if this. let's go to the drill. just play it's going to drill a hole where they got the full court rule on friday he's going to bring the players to get. that as you can hear over my shoulder the drill going the same as i would you start to want to keep it nice and simple for y

. >> when alex warren and brent opened runology, they didn't have nike or adidas or reebok on their shelves. large brands that people would expect to see at a running store. >> big players like the nikes of the world, they were just like, you guys are really, really tiny at this moment. we need to be cautious because the market is saturated. >> those initial nos could have resulted in disaster, but instead, they helped shape the success of the only independently owned running store in raleigh, north carolina. >> we've built a brand where people want to be a part of this community. people just really like our story. >> the owners got off to a solid start when they opened their business in 2014. the smaller brands of running shoes they were selling helped define their boutique shop experience. >> our core mission was small. we felt like that's where we should start and see what happens. it was treating the store as like an event place that people could come and hang out. >> the funny thing is once alex and brent developed a following, some big brands started to circle back and track their suc

nike stepping forward around the world, domestic sales have lost ground to rival adidas. eric

the jury ádidá find him guilty of being a felon in possession of a firearm. him guilty of first degree murder, second degree murder, or involuntary manslaughter our team coverage starts tonight with kron4's charles clifford.. charles you have the reaction from the defense tonight...

the jury ádidá find him guilty of being a felon in possession of a firearm.hey did ánotá find him guilty of first degree murder, second degree murder, or involuntary (robin)(boxes)the kate steinle murder case touched off a national immigration debate when she was killed in 2015. before the shooting, the san francisco sheriff's department had released garcia zarate from jail despite a federal immigration request to detain him for deportation.san francisco's "sanctuary city" law limits cooperation with u.s. immigration authorities. now ... following the not guilty verdict ... reaction is pouring in from all sides. first lets start with the defense.

weak sales in north america, and intense competition from adidas.t case, the democrats have launched aç year-long figt against the tax plan. house minority leader nancy pelosi tweeting, quote, republicans have spent all 2017 throwing gift-wrapped packages to their donors and special interests. now they do everything they can to avoid everyday -- needs of everyday americans. #do your job. you like this. you think this makes trump sisters look good right? >> she is right. exactly what the gop has been doing, working on their special interest group, the american people. this is something that the candidate trump had promised to do. he wanted to come here and drain the swamp and start to put things right. this is just the beginning. year one, stuart, we have the stock market surging, 401(k)s are going up, wages are going up. bonuses going to people who haven't had bonuses in years. so absolutely, nancy pelosi is right. i hope they continue this narrative because the special interests for president trump is the american people. stuart: but i suspect not

the jury ádidá find him guilty of being a felon in possession of a firearm.hey did ánotá find him guilty of first degree murder, second degree murder, or involuntary manslaughter our team coverage starts tonight with kron4's charles clifford.. charles you have the reaction from the defense tonight... (pam) the killing of kate steinle sparked passionate debate about immigration and sanctuary cities. here is a look back at some of the major developments in the case. july 1-st 2015.a night on san francisco's pier 14 ends in deadly gunfire.while on a walk with her father...bay area native kate steinle is shot in the back.. then collapses and dies in his arms.one hour later --- police arrest jose garcia zarate..he is later charged in her murder.then the case takes a twist....as we learn the gun that killed the 32 year old ---was stolen from a federal law enforcement officer.and the suspect --- had been deported five times. he was set to be deported again... but san francisco sheriff's released him under sanctuary city protections. that decision --- touched off a n

she showed a box with a pair of apple ear phones, a gift card to netflix and amazon pair of adidas socksnd a little mickey mouse toy from disney, then the next box, the stock certificates for all of these companies, she got about hundreds of thousands worth of stock. one shot you can see that it was about 920 shares of disney worth about $100,000, another shot you can see it was 995 shares of detoday's, worth almost $170,000 as of yesterday. this really is hopefully the gift that keeps on giving. >>> it's one thing to say, look, he's got a lot of money he can spend is a lot on his gifts. what i look, tracy is people who have a lot of investments, i'm keeping an eye on which particular stocks he was buying her >> he gave her good one, doing well. >> we'll see what happens in the markets today, how do we look? >> right now, it's been a very light week. yesterday it was pretty light in terms of volume. futures were of mixed let's hope we turn them around, and end off 2017 on a strong note >> we'll see how it goes and we'll be there with you the rest of the year, enjoy the rest of your day.

the presents included netflix, apple, adidas, adidas depending your wa i y to say it, and disn stock.tual certificates >> that's what i think they were doing. >> or just you own these stocks now? >> and i wonder if they were stocks that kanye personally picked out based on his brand loyalty or whether there were at the advice of a financial adviser. >> that i don't know the answer to adidas one i understand. because of the yeezys. >> i find it intrinsically wonderful. that's a great gift. >> it's the reason for the season capital appreciation. >> she'll get a gift every quarter too. >>> let's open up another playbook for 2018 while we're at it diana olick is getting us up to speed on the real estate market. >> 2017 saw a big slowdown in the housing market not in prices but in home sales because there was just nothing to buy 2018 will not be much better sales slow more. sales could become even more sluggish as the supply situation worsens. yes, home builders will continue to increase production, but slowly and mostly in the move up market not the entry level where millennial demand is

would you know if you're wearing nike versus adidas anymore you got the picture. in this void of boring, humdrum and, yes, lonely world, like the psychiatrist in me, millennials have started suddenly to embrace things that create experiences so they can document their lives so that they like can be humans, and they do it on facebook and instagram or twitter they started doing it on snap. you see that stock snap's up a dollar, they must be using it kids go on carnival, airlines take you where you need to go to document your vacations with photos, anything that makes you look younger is part of the package. i know i'm oversimplifying here, but i think the ho among anization is obvious the banks trade together, they're beholden to the fed. it's not like western savings, do you really bank at the bank because your parents banked there. open an account at city, my folks loved city materials trades, yeah, because they're all hostage to china health care traders, bound by etf. so many professionals say go buy an index fund, it's too hard to pick individual companies. i c

microsoft xbox, dyson, adidas. all of these things are available on ebay now.cutler, ebay senior vice president of the americas. thank you so much. happy holidays. sticking with shopping, if you have not already purchased apple airpods, you may be out of luck. the wireless earbuds seem to be in short supply everywhere. as of right now, apple's website says a pair can be delivered by january 5 at the earliest date. however, if you find yourself in desperate need of the wireless headphones, some sellers are offering the product for prices of $200 or more on ebay. coming up, hong kong is revamping its ipo rules in order to lure a new group of companies to its exchange. can it prevent another situation like alibaba on u.s. listings? this is bloomberg. ♪ emily: three years ago, alibaba famously chose to list its ipo in the u.s. on the new york stock exchange, abandoning its plans to list in hong kong. now the hong kong stock exchange is targeting the next alibaba by revamping its ipo rules. hk exchange ceo charles li sat down with bloomberg in an interview and expla

amazon where he got the gift cards, stock to netflix, stock to apple and the little head phones, adidastock and disney stock. >> that was kim kardashian outlining had a number of christmas gifts from her husband kanye west noep noticeably absent from there, twitter and facebook even though they are both huge social media gurus. >> i would have been happy with the first stocking and gift cards. >> that's it for us on "squawk alley. "halftime report" starts now sully? >> all right thanks, dave, morgan and mike. appreciate it. welcome. i'm brian sullivan in for scott wapner once again. your top trade this hour, the battleground for oil $60 a barrel we are there again crude oil has surged 14% in just 90 days, but is this time really for real, or are we in for another drop your halftime team today jon and pete najarian and jim lebenthal. energy the worst performing sector of the day,

a disney toy, apple headphones and adidas. the other had stock certificates for the companies worth hundreds of thousands of dollars. quote, best husband alert. >> winning. >> my mother-in-law would say, must be nice. >> exactly. >> landon, thanks. >>> as you finalize your plans for new year's eve, help is on the way. services with caltrains is being beefed up to accommodate parties. you don't have to pay fares from 5:00 new year's eve night 10:00 new year's morning. a reminder, on monday, caltrain will operate a standard sunday schedule. >>> three, two, one -- sorry, i had to. it might be the other way around, more like one, two, three. a lot of counting across san francisco. more than 100 birders will be out and about for the annual bird count. from before dawn to before dusk, the bird society will count birds throughout the wetlands and the bay. they hope to contribute to the understanding of bird population. >>> from the skies to the beaches, starfish are coming back after a syndrome killed millions of them. they developed

i have a muted adidas tracksuit on.ecomes pajamas, right? it becomes pajamas. >> jimmy: yeah. >> and then i wake up and it's like evening to daywear. >> no, but when he arrives on the plane, it's like he's greeting like a housewives reunion. like all the flight attendants love him of course. and then afterwards he like -- so he'll go, he'll like walk down the aisle, and be like, "hey, everybody, it's tv's andy cohen, hey, nice to see you." [ laughter ] and then -- and then he'll go to the separation between business class curtain and coach. and he'll go across and be like, "hey, everybody, tv's andy cohen. yeah, no, i'll come back later, we'll take some selfies. okay, no, i'll bring some things, okay, bye." [ laughter ] >> jimmy: he's a people person. >> yeah, yeah! >> jimmy: he's a man of the people! [ applause ] >> yeah, yeah, yeah. yeah, i'm fun. he is not. >> yeah, that's right. >> i'm reality. he's escape from reality. >> that's right. >> jimmy: i want to see -- did you ever think that you'd go on tour together and

gives me this little box with a disney mickey toy apple headphones, netflix, amazon gift cards, and adidasks. and i'm like, that's so sweet. but then i open the next box, and it is stock to amazon where he got the gift cards, stock to netflix, stock to apple. hence the little headphones. adidas stock and disney stock >> the amount of stock kim received totaled about $200,000. >> what's interesting is he gave her the stock certificates >> i looked at that. i had never seen that before >> you have to go through a lot of effort, you have to go through the treasury of the company. >> yeah. >> disney, i know, does a good business in physical stock certificates for the woman who has almost everything, although i would hesitate to draw implications for the stock. remember the mila kunis buys stocks scenario. she's up 80%, so don't think it's a contrarian sign >> it's a nice portfolio >> not bad >> all right, kanye. >> coming up, we'll look at the challenges facing new ceos in 2018 there's one man who's got a challenge on his hands flannery at ge, and a lot more after this you always pay your insu

she received stock certificates from netflix, amazon, adidas i think is in foreign market as well.is a look how they performed for her today. two up, two down. generally speaking a good investment. >> pretty good investment. david: not bad. lea: the challenges in the wings, new details on resist trump problem. in the g.o.p. next karl rove, former advisor to president george w. bush, sounds off on the republicans who might challenge the president in 2020. we'll be right back. ♪ cannot live without it. so if you can't live without it... why aren't you using this guy? it makes your wifi awesomely fast. no... still nope. now we're talking! it gets you wifi here, here, and here. it even lets you take a time out. no! no! yes! yes, indeed. amazing speed, coverage and control. all with an xfi gateway. find your awesome, and change the way you wifi. david: could fellow republicans actually challenge president trump in to 20? "the hill" newspaper releasing a potential list of contenders. we have senator jeff flake, ben sasse, ted cruz, and governor suzanna martinez and john kasich. here so r

>> one of my favorite names has been adidas over the years last quarter, when we watched what happened, you saw the growth triggered for me the opportunity. the stocks were down 3%. you look at where they're going internationally, whether in south america or europe or china, that growth is off the charts a mature company like nike i still think there's upside in there, because of that, and you look at the direct to the consumer, that's been a growth spot, we talk about it all the time, everybody has to have an e-commerce sort of a side to who they are and that's something that's growing very rapidly, particularly in the international markets right now for nike >> again, this is a tax plan i think nike's -- i'm long of that stock it's traded off the futures numbers, the china numbers i wouldn't go near the finish lines after those moves, i don't think you need to be there >> nike is set to report earnings after the bell this thursday the options markets implying big moves. dan, what are you seeing >> on friday afternoon, it's been about a 5% mover over the last four quarters call option

months you know, this is not the nike of three, four, five years ago there is a fierce competitor in adidas and that wasn't the case four years ago, it just wasn't it was nike and nobody else. so if you're going to have the multiple the analyst wants to put on nike, getting up to 75, you're going to be close to 28 times multiple i think that flies in the face of what the competitive environment looks for nike i own it but if it goes much higher, i have out of it. >> here's the most interesting thing from the note, we think retailers are turning to nike to increase customer traffic, increasing its bargaining power as a supplier. what argeus is saying the power has shifted from nike going to retailers to retailers going to nike that's a pretty good spot to be in if argeus is right. >> true, but i'll tell you what's very different and is missed here. these online numbers are so powerful >> nonstore. >> nonstore. have you tried to drive through new york city with the uberification, the amazonification and the earning people have different consumer preferences. >> that's what i was going to say.

of: in terms of the issue competition, and it was adidas last year and an under armour.erpret this, it will be some hot company for a while or is there a risk that may see -- nike loses permanently? >> i think the first part of what you said. 94% is nike. wall buttimes have a innovation, he put it out there and they are the first mover and they have the advantage over other companies. >> what about leisure, such a buzzword last year. hard to remember at this point. what happened to that? it seems as though that has fizzled to some extent. handbags threeth or four years ago. a lot of new players coming into the market and at some point, you get to where -- you have demand and it brings out -- it hurts your margin and you have to discover more and that is what you are seeing now on the apparel side. you will see them starting to rise again. >> it is not that the trend -- >> it is more of a mandatory issue than the trend getting weaker. joe: all of these articles about how millennials prefer experiences and no one likes shopping or paying for clothes is that overstated? >>

. >> like the exposure to adidas what do you think?at this point in time it makes sense on why they would decide that this is a buy with a $35 target when you look at the fundamental story right now and this is a good season, as you mentioned. part of that did include, hey, cold weather which means we get a little better margins. because of that, scott, the most difficult thing that they run into obviously inventory-wise and if they are efficient and doing things right, which i believe they probably are at this stage after going through a very difficult time and the stock getting absolutely hammered to the downside, i think that this is probably an opportunity. >> trades only ten times. >> yeah, but earnings are going to be down 20% in 2018. >> well, they say sales could be a surprise to the upside. >> only down 18% year over year. i think that earnings are really -- i think they will be spending a ton of money on investments so margins don't have an opportunity to go higher quite frankly they go lower, and on top that have you still h

kevin plank being able to run lulu and plank industries >> when you have companies like nike and adidasrow in north america, that's where the growth is, and underarmour, once you lose exposure and demand by the consumer, it takes a longer time to gain it back. >> is this a shoe story or everything story >> it's a little bit of an everything story i don't think of it as a shoe story because they were mainly clothes to begin with. >> there's a view among some that perhaps they stretch themselves by going too far in the shoe category, which was not their specialty, and had they focused just on clothes and maybe if they returned to that focus, they can fix this problem. >> still very much a work in progress it's the core business that's still weak in addition to the shoes. >> so in terms of what we've seen direct to consumer, are the likes of a footlocker and finish line, i mean -- is that a losing battle >> it's not a losing balgs because you have some areas of active that will are doing well. take a look at lululemon whose physical and digital is strong take a look at gap's threathlet, wh

adidas up roughly 12% year-to-date and underarmour got slammed.go in with effective tax rates with under armour and nike being much lower. is this an opportunity for underarmour in a rotation? >> well, yeah. underarmour should benefit more given the fact that they have less international exposure. they are almost 20% whereas nike is almost 6 positivers approximate. that alone will give them a better benefit however, you know, i do -- i would expect nike to be repatriate some cash that would be a benefit for them i think underarmour in a worse position they don't really have a huge footwear business. the apparel business has started to become very commo dot ized, and consumers have started to move away from athletic wear that's going to be tougher to turn around. also, under armour trades at a much higher multiple than nike i think investors continue to invest in nike because it's much more stable. it does have the international exposure, which has allowed it to diversify away from north america, whereas underarmour is exposed to the market that ha

it's a provider that works with hundreds of brands and retailer like adidas, niemaeiman marcus, many fulfillment centers in the country, and that puts it second largest behind amazon in terms of fulfillment center footprint in the u.s. but interestingly, it also does offer amazon sellers the opportunity to be prime certified, just leveraging radial fulfillment center network. the final hours for loirn shoppers to get gifts ordered in time for christmas makes this one of the busiest weeks of the year here at radial. they expect to ship 2.7 times the volume that is shipped on cyber monday, and we know what a record day that was for almost every retailer across the board. the facility here covers 1.3 million square feet. it packs orders for brands like arrow postal, world market, and others if you're one of those shoppers who needs to order in time for christmas, watch the shipping deadlines very closely for most cases, standard shipping options are behind you. radial tells me, in fact, that many retailers and brands have been paying behind the scenes for expedited shipping since about

a gift card to netflix and a amazon, adidas socks and apple headphones and mickey mouse toy.ou very much, i love it. in another box were stock certificates for all of those companies. >> that's how do you it. >> like $100,000 in stock from ample, another 100 grand from dee is that so. walt dizzy and amazon basically half a million dollar worth of stock he gifted to kim. >> gift that keeps on going. >> hopefully in positive direction. giving and growing. >> gift goals. christmas staple gets a hold dave its own. it's national fruit cake day. fruit cakes have a long history as holiday treat the first recipes believed to have come from ancient rome they were even available by mail order in the u.s. during the early 1900's. grab a slice of fruit cake to today. >> um-hmm. >> that you go. if you dare. >> you don't like it? >> they're different types of fruit cake. >> i know the kind that's good that you get in europe. >> yes. >> what we have here -- >> like the pasture arrived version. can i say that word. >> sorry boss. >> 7:42. >> they've been best friends for nearly 60 years now

she posted an instagram video showing gifts from disney, adidas, netflix, amazon and apple, and alsoertificates in all of those same companies >> i love that >> isn't that a good story >> that is fantastic we were just having this conversation over christmas. i was thinking, i want to start doing that more often, but then i wasn't sure about our rules for buying and, you know, and giving, you know, because we have all these -- we can't buy anything, morgan, as you know. so i was like, i don't know if a stock gift certificate could count. >> i guess we can live vicariously through kim kardashian it wasn't f.a.n.g., but media and tech in terms of the investment >> thank you very much i'll put my blue wig on now. morgan brennan >>> let's look at how we finished the day on wall street, shall we the dow was down 7, s&p down 2 and the nasdaq down 23 it was a weak performer after apple suppliers took a big hid hit. the russell 2000 eked out a one-point gain but let's get to the other stories on our "rapid recap. >> santa delightium is on this year, the company announcing its biggest ever ho