adidas is trading higher after second quarter shares are up 10%. the german company reiterated its full-year guidance but acknowledged persistent problems at reebok. sales at the subsidiary fell 3% and the division was forced to add a one-time impairment charge kas tcaspekasper rorsted told c concerns about weakness. >> adidas in north america grew 17%.

but still this didn't affect adidas too much. mi mind you, i think market expectations were not overly optimistic that's something which we also saw in the first quarter, the last time the shares rose so violently or positively was when they presented their last quarterly results. overall market expectations have not been positive. also to add is what kasper rorsted was saying, that reebok, we see a silver lining we see a turnaround, and we see reebok sales in the united states are going up, which is a positive surprise in a way because some people are still thinking that this turnaround story will never be successful, but it looks like they are actually making ends meet here so bottom line is adidas is doing strong in the states, in asia, especially china but there is a weakness. and this is western europe there it seems adidas is losing market shares to their competitors such as nike with that, back to you >> all right thank you for that you know what's interesting? just looking at the stock price, up 8% today, still only up 6%

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save 25% on nike, under armour, adidas, and converse!e tees under armour backpacks adidas shoes and converse sneakers! plus - get kohl's cash! save 25% on our biggest active brands! right now - only at kohl's. >>> good sunday morning to you. it is 6:26, here a live look outside. clear over downtown san jose. i believe, if i'm seeing correctly. sometimes i can't trust the monitor or my own eyes. thank you for joining us. i'm kira klapper. meteorologist rob mayeda is in with a look at our micro climate forecast. yesterday was hazy. >> we had smoke in the atmosphere. we had winds clear some of it out. but we did have -- >> fog. >> fog is back this morning. san francisco right now 54 degrees. for the coast and inner bay plan on cooling today. san jose, a mild start, 63. yesterday we saw upper 60s for the morning. temperatures trending lower. 50s and '60 right now. in the afternoon temps climbing into the mid to upper 80s around san jose. further inland still 90s in reach. and bottom line though is that today will likely be the coolest day of

save 25% on nike, under armour, adidas, and converse!ike tees der armour backpacks adidas shoes and converse sneakers! plus - get kohl's cash! save 25% on our biggest active brands! right now - only at kohl's. >>> good morning, 8:26 on this sunday. we begin with a developing story in prince george's county, a man was killed after being hit by a car on route 202. this happened just before 11:00 last night. police say the man wasroing the road at the time. the driver of the car stayed on the scene to cooperate with responding officers, the victim's name has not yet been released. >>> metro' board has decided against a controversial idea to us special trains to takehe people to unite the right rally. and metro was facing backlash after beingaccused -- >>> today is the last weday of x free weekend in d.c. find a full list ofuafying items in our nbc washington app. we're goingo take t a >>> hot y hon tap today, right, bring pret brittany? >> even by 11:00 a.m., we'll be in the mid 80s. we're talking about temperatures pushing into the mid 90

adidas for your family - kohl's cash for you! and only at kohl's. ( band playing ) ( cheers and applause ) >> stephen: hey, everybody! welcome back to "the late show"! ( cheers and applause ) you're in for a treat, ladies and gentlemen, because my first guest tonight is a two-time academy award winner you know from "malcolm x," "training day," and "fences." please welcome, denzel washington! ( cheers and applause ) ( band playing ) ( cheers and applause ) >> where's the trumpet? >> stephen: no trumpet player. >> they have no trumpet player! >> stephen: he's out of town. >> he's out of town? ( laughs ) thank you! thank you very much. >> stephen: thank you for being here. >> thank you for having me. >> stephen: i have wanted to talk to you for a long time. >> what took you so long? >> stephen: i don't know, i don't know, i don't know. i think you're a busy man is the problem. welcome back to the ed sullivan theater. i know you came here many times with dave. but also, this theater meant something to you as a child, because i unders

by the way, kokou, do you know why adidas is called adidas? kokou: i think i'm about to know.ughter] matt: the world cup is where adidas started. inventeddolf dassler the removable cleat for the german team so they could play in different grass, different feel positions. they won the world cup. there's a great movie about it. adi-das, named after adolf dassler, became very famous. his brother rudolf started puma. i like these little pieces of sneaker trivia. it's a sport shoe day. let's talk about currencies. the biggest movers of the morning. the lira just hit a record low. the new zealand dollar weakens after the dovish tilt from the central reserve bank of new zealand. we have of course been talking about the ruble, still dropping after the u.s. imposed sanctions following a nerve agent attack in the u.k.. kokou agbo-bloua is the global head of flow strategy and solution at socgen. fx trading has been fascinating this morning. what do you think about the moves we have seen in the turkish lira? an ongoing story, a slump they must want to turn around, but for some reason the

tracee: adidas is racing past competition nike, adidas sales in north america grew compare today nikeich also owns reebok is gaining market share in north america which is the largest sneaker market in the world. lauren: rebook ultra boost is one of the popular sneakers. cheryl: interesting. let's say with shoes and talk about crocs. lauren: i love. tracee: you might be one of the few. crocss is closing last of manufacturing plants, the company closed plant in mÉxico and italy will close soon but not sure how it will continue producing product. lauren: in my defense, you can put them in dishwasher to clean them and kids love them because they can get wet and they can put it on themselves. cheryl: people that work on both, people that work -- tracee: you're not wearing crocs. lauren: mcdonalds offering free promotion for life? tracee: something they rarely due. tracee: one lucky winner which means free mcdonalds for life only a handful of people have ever gotten this card, there it is on the screen, bill gates, warren buffet who don't need the freebies but first time mcdonalds are give

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america and china adidas is backing its 2018 guidance and the ceo says the company remains on tracko meet its long-term targets until 2020 >>> also watch yelp. its latest earnings boat forecast thanks to a 21% rise in ad revenue they are raising their profit outlook for the year >> and roku swung to a slight profit in the second quarter as revenue rose 57% roku added 22 million active accounts, and viewers spent more time watching content. back over to you >> thank you very much >>> we are just getting started on a thursday. up next, two of the biggest oil producers locked in a fight. what the rift between canada and saudi arabia means for you and the market >>> and later on, uber's big blow to the big apple. new york city cracking down on ride hail iing activities more "worldwide exchange" rolls on my digestive system used to make me feel sluggish but now, i take metamucil every day. it traps and removes the waste that weighs me down, so i feel lighter. try metamucil, and begin to feel what lighter feels like. this is moving day with the best in-home wifi experience and millions of

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we saw that adidas was gaining share.his year we've seen adidas popularity decline slightly on a year-to-year basis more notedly, however, the styles that are popular from adidas are the same that were a year ago we think it's lacking newness. consumers in the environment are demanding newness and nike appears to be well positioned with the pipeline. >> i guess the question is, to what degree, you know, the stock built it in. and really, kind of extrapolating a lot of good news it's basically as high as the multiple has been in 20 years. relative to the overall market basically the high for the cycle. how much room is there for future estimates, i guess, to go up to meet that? >> yeah. it's a great question. we continue to like the stock. one of the reasons we're seeing the structure shift, consumers are shopping with strong brands. we're seeing a higher return business we think it's deserving of a higher multiple. >> there are better performing stocks in the space this year, under armour, for one. lululemon are strong ev

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save 25% on nike, under armour, adidas, and converse!our backpacks adidas shoes and converse sneakers! plus - get kohl's cash! save 25% on our biggest active brands! right now - only at kohl's. happy anni oh yeah bott has the grease cleaning potheliquid. a drop of dawn and grease is gone. >>> welcome back. ooh, another big sink hole. the massive problem has been looming for five years in one north carolina town. the sink hole opened up when a drainage pipe beneath it wore out after a thunderstorm. residents have been anxiously watching it cave in deeper and deeper. also triggering flooding fears with more rain. lo to get it fixed. yeah, it's saying closed for repairs. we're heading out west where they would love a drop of rain. it's not going to happen. some are under fire weather watches. it's not just california. we have problems through many areas of the interior west. the biggest fires are in california, but the firefighters are plenty busy in other states especially like colorado and oregon. we are going to see a change in the west.

adidas for your family - kohl's cash for you!ries" available on itunes. please welcome the very funny mark normand, everybody! mark! [ cheers and applause ]. ♪ ♪ [ cheers ] >> hey, hey. good to be here. good to be back. i just flew in from the west coast. man, i hate flying. you know, they let you pick your seat on a plane. i think i would rather pick the person i'm sitting next to, you know? [ light laughter ] i don't really care where i am on the plane. it's like a six-hour relationship. make it more like a dating app. [ laughter ] obese nazi with the service dog, swipe left. [ laughter ] tiny asian lady with a surgical mask, that's my gal. [ laughter ] yes. she is not a talker. right? [ laughter ] but just like a dating app, she shows up with a baby. i'm like, i got catfished. [ laughter ] yeah. i'm not good with small talk. you know, two things i can't do, small talk and eye contact. how sad is that, you know? [ light laughter ] i basically have all the traits of a serial killer, just without the ambition. [ laughter ] i'm wo

and a german sportswear giant adidas says it will no longer work with the iranian football federation just a month after rival nike did the same. are broadcasting live from our studios in moscow this is our international seans on this truly glad to have you with us. u.s. security and intelligence chiefs have put on a united front at the white house reasserting their suspicions that russia is currently meddling in the upcoming midterm elections artie's killam up and his commentary one by one the various security chiefs took to the podium at the white house we heard from general paul neka soane of the u.s. cyber command christopher ray the head of the f.b.i. dan coats the. actor of national intelligence as well as kirsten nielsen who is the secretary of homeland security now one by one they spoke with they all kind of seem to repeat the same kind of message this is the security chiefs making their allegations our democracy itself is in the crosshairs made by russia to try to weaken and divide united states threat is not going away to prevent foreign interference in our elections to prev

the bill and german sportswear giant adidas says it will no longer work with the iranian football federation just a month after rival mike you did the say. a very warm welcome to the program from all of us here at r t h q in moscow thanks for joining us this hour the u.s. senate intelligence committee met on wednesday to talk about the threats posed by misinformation campaigns on by foreign states and one issue of particular concern seemed to be the supposed invasion of social media by russian memes russia's foreign minister reacted by dismissing the discussions as absurd. it's just hilarious when i hear that funny pictures can undermine american democracy i think that it's just paranoia that goes off the scale it's not respectable for american lawmakers to make a sensation out of nothing we're the ones who invented social media when all the ones who insisted on making social media open to everybody so those who are sitting there and do you see talking russian meddling over and over are certain that the russians are carrying on with their attempts to undermine u.s. democracy and they're sayi

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and german sportswear giant adidas says it will no longer work with the rainy and football federation just a month after rival nike did the same. a very warm welcome to the program from all of us here at r t h q in moscow thanks for joining us this hour. first nato has come up with its own way of teaching media literacy to youngsters they alliance has released a facebook game called the news hero players are supposed to learn how to separate truthful stories from fake ones and associates try her hand up it. welcome to nato's new online weapon against misinformation it's the news here oh i promised myself to report only the truth join me on my quest to filter the news some of the headlines about the game might imply that its developers have a bone to pick with russia but on closer inspection it seems it doesn't have that much russian fake news to decipher you might have thought that needle's lot fear based strategic communications center of excellence could dig up something better especially given the lengths it went to last year trying to prove that russian t.v. comedy was really an u

the german sportswear giant adidas says its finances have taken a big hit over its acquisition of usival reebok in 2005. regulators weren't happy with the way the brand was valued so adidas says it is amending its books by an amount in "mid—triple—digit million euro range". meanwhile the world cup helped boost profits to about $686 million in the three months to the end ofjune. films such as deadpool 2 and the shape of water have helped us media giant 21st century fox increase its profits in the three months to the end ofjune. the company made $920 million as sales rose i7% to almost $8 billion. lower taxes in the us also helped the firm which is led by rupert murdoch and is in the midst of selling its film and television divisions to walt disney. new york has become the first major us city to approve a cap on the number of cars available through ride—hailing apps. it's also agreed to set minimum pay conditions for drivers. ride—hailing apps uber and lyft have criticised the move as bad for consumers but mayor bill de blasio said it would help ease congestion. three japanese carmaker

and the german sportswear giant adidas says it's finances have taken a big hit over its acquistion ofbrand was valued, so adidas says it is amending its books by an amount in "mid—triple—digit million euro range". meanwhile, the world cup helped boost profits to about £531 million in the three months to the end ofjune. a quick look at the markets now. much of the story has been about currencies. much of the story has been about currencies. sterling is just about hanging onto gains its made in the past couple of hours against the dollar, up 0.05% at $1.2888. the pound has also lost a little ground against the euro but is still ahead 0.17% of the single currency at ?1.1115. the pound earlier reversed a dramatic fall against the dollar — dropping to its lowest in nearly a year against both the greenback and the euro. its latest losses are largely due to growing concern that britain might suffer a chaotic exit from the european union. across europe — shares are dipping today but particularly weighing on the british blue—chip ftse 100 index is holiday firm tui, the shares of which fell clo

. >> i'm calling trouble >> fair enough >> a lot of executive departures adid adidas, stan smith nike, not in trouble, but it wasn't hot. >> right like any other great company, it had a period where it was. but what i'm talking about is something else you referred to which is that they so much their senior management. they lost the heir apparent in you know, they lost so many members of management but yet they keep going through, put up great numbers each quarter and to me, it's a very, very narrow market adidas is doing quite well nike is doing quite well under armour the coming back still not convinced it's worth the valuation. i know it's not. and lulu, a separate segment that neither company touch, none of the three, the just killing it so i think there's room and it speaks more to the consumer appetite to continue to spend. >> i think the direct consumer model has worked for nike over the last couple of years i also believe there's a little bit of inherent belief they have low risk as it relates to amazon being able to cannibalize them i think that's partially true. north america

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as more companies move in this sustainable direction analysts say even if adidas meets its goal of eleven million recycled pair of shoes next year that still only accounts for just three percent of its annual footwear production now adidas the world's second largest sportswear line is no stranger to sustainable products last year it launched the first mass produced running shoe made from recycled water bottles and twenty six team the german company is projection an increase in those early trainers from one million and twenty seven thousand to five million this year other clothing lines including patagonia and h. and m. are already utilizing recycled polyester and to him full of items so mccartney has promised to stop using the virgin island by twenty twenty five or critics say that clothing items made from recycled plastic have issues of their own one of the biggest complaints after washing the garment microfiber. global use of plastic has increased twenty fold over the past fifty years experts predict it's used to double again in twenty years so experts say across the globe only fourteen

terry, you brought up adidas. whether adidas would make that shirt for players. did they end up doing that? glad you, but i am came back to that. they were not asked. i don't want to make this the company, ie, or any want to be truthful and fair in this. had we asked, i think they would have said it makes sense to us, why not? >> when you say we, you mean that league, or the pa? >> i was -- terry: i was using league universally. we as the players association did not, although i was really close. that would have been stepping out of my lane. they are not my corporate sponsor, i do not have that relationship with them. i'm respectful of that. i did think of really great slogans, topics, or catchy phrases that the t-shirt could upset. i'm a socially engaged athlete. there it is not even linked to one particular cause. it could have been something they rolled out at any time, at any opportunity where it was appropriate. for thet ask, but i am league to ask. i thought we could get there. i thought it was a reasonable request, i thought it made sense. >> the reason i a

he was commissioned by businesses like coca-cola and adidas to analyze consumer reactions to advertisements. emotions are. quite complex and we s people don't really understand them very well by now so that's why that's where computers are actually getting better because there's more intelligence on the back and then the single person with the aid of artificial intelligence his company wants to precisely evaluate the expressions of users test subjects are shown advertisements. even the slightest movement and the software recognizes emotions like excitement and in comprehension. his company is a market leader in. motion analysis in the future the tech can be integrated into various apps but who has. discussed. to be more aware and more. is filling this gap he's working to integrate emotion research machine learning and high paying business. online gambling addiction betting companies are open around the clock on the net allowing serial gamblers to easily slide into a compulsion exports are calling for more regulation which could harm profits and tax revenue. the first bet you placed on a gam

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adidas got a boost from stock. posting second-quarter revenue and profits.e driven by growth in america and asia plus adidas sold a record number of soccer jerseys even of the national teams it sponsors lost out in the world cup by those back to bite nike. deutsche telekom is posting higher for your earnings. that underscores the importance of the deal for its u.s. units in t-mobile. bush telecom is the market leader in germany and elsewhere where growth is hard to come by. that's the latest bloomberg business flash. >> one of the biggest movers, our stock of the hour. the company reported earnings last night. you see the transaction fell by 81% but you should negate that. the key is at the key is at. ad revenue was up. strong momentum. what happened with it, yellow was contracts. stop tying them into long-term contracts. here's a look at the bloomberg here. this boosted the number of ad accounts and what we have seen is more spending per account. that is all what it comes to local clients for advertising. >> i wanted to ask you -- percent above the average.

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it seems to me with nike it's much more relevant because it's so core to their being than maybe adidasathletes and it has all the biggest ones in the world and it would tout its performance and who knew you could play tennis in a tutu >> there you go. we'll see it probably in a week in queens. >> meantime we have some breaking news on trade >> mike, some more headlines coming out of that reuters interview they conducted with president trump, this time on trade. where the president told reuters that he does not anticipate much coming out of china talks this week in washington and that he has no time frame for ending the trade dispute with china of course those comments are against the backdrop of a new delegation of vice ministers from china that will be in washington this week negotiating with treasury under the secretary about the trade tensions that have been bubbling over for the last several months there was an expectation that the meeting between president trump and president xi that would take place at apec and the g-20 meetings was sort of a loose deadline to work out these tens

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adidas broadcast friday night games from september 7th through november 9th. twitter has spent the last few years although it is facing growing competition. it lost out to streaming rights back in april. over to you. >> i'm sure a lot of people will be excited about that. you can see your grand kids and cousins and stuff play. >> what were you? >> okay. >> prepare to watch more tv on your smart phone. google and apple will be video streaming when the broad band service arrives later this year. it will be in four cities. a subscription.gn up for 5g c you'll be able to access content and news from verizon's media. >>> a look at weather for today. >> yeah. it was nice and cool. really comfortable yesterday afternoon. as we go to palo alto we will be in the low 60s as you head out the door. only low 70s by 2:00 this afternoon. we'll get a look at the micro climates and the rest of the week coming up next. >>> and we are tracking a deadly crash on the peninsula. 101 jams up but we do have two lanes open. i'll take you through the back up and give you an idea of wha

and german sportswear giant adidas says it will no longer work with the iranian football federation just a month.

and a german sportswear giant adidas the.

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