they decided to revamp the calvin kline brand and acquired warnico which brought calvin kline licenses back. this turn didn't happen overnight, it took forever. the integration was long and rocky and took years to pull off. if you were patient eventually the ceo delivered and calvin kline started putting up much better numbers. hence why the stock has roblngted up more than 0% year to date. that's one of the few out performers in retail. how about coach, another high quality brand going out of style. with a stock that seemed to be in free-fall ever since it peaked in 2012. a new ceo has overhauled the brand, brought in new talent, renovated the stores and made a smart foot ware acquisition. let me give you the bottom line. ralph lauren's turn around plan might cause some near term pain. that is without a doubt. as stechb larson rips off the band said and makes systemic changes. eventually i think he can deliver. i believe in this. even if those turn around do tend to take time. ultimately why do i have faith? because in the end the brand is as iconic as ever. it was just too ubiquitous

calvin kline and tommy hilfiger. the ceo says their department store sales are doing well.ooking at these over one year and their performance. turns out nordstrom down 51%. close on 44%. s&p down 2%. retailers getting hit hard. this is a big story here as the two could not come together and make a collaboration. we can enable a banker to travel to the most remote locations with nothing but a phone and a tablet. everywhere where there's a phone, you have a bank. now a person is able to start a business, and employ somebody for the first time. the microsoft cloud helped us to bring banking to ten million people in just two years. it's transforming our world. charles: beijing demanding apple halt iphone. still selling those funds mean it is appealing that decision. risk and reward host deirdre bolton. >> it is the biggest market outside of the u.s. this is really worrying for apple. i think some of these fears have been building since the first quarter results we spoke about. you remember back in april the company reported its first revenue decline in 13 years. the reason for