frankly i think canada goose has barely begun to penetrate the u.s. have just 16% brand awareness versus 76% in canada. the company has been doing it's roll out here renal nally starting in the northeast and management sees plenty of room to expand. perhaps more important, the company's accelerating the rollout of its direct to consumer business where they use the website in a couple of stores to sell their outer wear straight to individuals. i've spent a lot of time talking about how traditional bricks and mortar retailers have cannibalized themselves by investing heavily in the web. but canada goose only has those two flagship stores. if their online stores cannib cannibalize anything, it's a positive. while this mostly a winter play, they've gotten aggressive about building its fall and spring collections by adding lightweight jackets. management is planning to expand beyond outer wear. i think these guys clearly know what they're doing. my one concern is this is yet another ipo with a private equity sponsor. this time it's bing capital. like i alwa

canada goose, ticker goos. .78, indications now show it could open significantly higher. bob pisani has more on the action on the floor. bob. >> significantly higher. our friends from canada are very happy. ceo with a big smile on his face right there. remember sara mentioned $12.78, that was the above the range. new indications now we were at 18.50 to 19.50, just a second ago as i turned around they upraised it $19 to $19.50. we're dealing with 50% above the price at this point. why? well, number one, most importantly it's profitable, revenues are growing 43% increase in revenues in the last nine months overall. now, here's the important thing too. families selling, bane retaining investment in the company here. important thing here this is a dual listing. it is listing in the new york stock exchange as well as in toronto, but this is the primary listing. so this is a little unusual. it's going to open here first and then seconds later it will also open at the toronto stock exchange. when will it open? the $24

canada goose getting a warm reception from investors. make or luxury jackets prices shares under $13 higher than expected and raises about $255 million for the company. as for the market continuing to rally after the fed decision, dow futures up 60 points, nasdaq up 16. that's a look at what's happening now. true to the federal reserve raising interest rates for second time in three months. decision comes after steady economic growth. strong job gains in confidence is rising to the central bank target. joining us now, peter murray g. glad he's here. he's a professor also at the university of maryland. we heard from janet yesterday signaling to more rate hikes have somewhat of a dovish tone. the sian plant with the two hikes? is that right? >> that's the right place you're going forward. the economy should continue to grow at 2% through this year and next. raising rates will push the facts are. low rates create a lot of distortions in capital markets. seniors can get money on cds and so forth. this is a very good decision. lauren: how man

canada. shares of candidate goose surging -- canada goose surging after the company went public.on is standing by with canada goose's ceo, dani reiss. david: thanks so much. dani, thanks for joining us. a terrific day for your ipo, surging 30%. that comes with a pretty high valuation compared to some of your peers. do you feel the need to fill those high expectations? dani: first of all things for having us. years as a consumer company -- it is a monumental day. market has responded well and investors are excited about our story. we are excited about it too. we are looking to build a long-term brand and company. that is the way we have approached it for years. we continue to do that. we will continue to do our thing. david: one of the reasons for the interest in your company has been the steady growth in revenue, up about 38% over the last couple years. should investors expect that pace to continue? dani: there has been a lot of opportunity for us to grow in markets all over the world, markets we are in and aren't already in. we believe that we continue to grow. part of your size

canada goose flies south to make its ipo debut.ou're watching "worldwide exchange" on cnbc. ♪ . good morning. welcome back to "worldwide exchange" on cnbc. i'm sara eisenment. >> i'm wilfred frost. good morning to you from me as well. let's check in on the global market action. we are bouncing back. we had declines yesterday of a third of a percent for the s&p and the nasdaq. the dow was down just 0.2%. as you can see, we're expected to open higher today. the dow by 55 points. the s&p by 7.5. the nasdaq by 12.5%. oil prices were front and center yesterday. they were down again around about 2%. that meant energy was the worst performing sector. down about 1% on s&p sectors. we saw the likes of chevron towards the bottom of the dow. oil prices rebounding a bit today. that's helping u.s. futures. asian trade for you was mixed for the large part. japan and hong kong slightly negative. shanghai fractionally higher. european markets as well for you, which are a bit higher today. a third of a percent of gains. that's slipped. we had a thi

we will be speaking with the ceo and cofounder of canada goose at 4:40.trump is proposing historical budget cuts to increase defense spending. we will have leon panetta. this is bloomberg. ♪ oliver: i am oliver renick. i am scarlet fu. welcome to "bloomberg markets." ♪ oliver: we are live from bloomberg world headquarters in new york for the next hour plus covering stories in moscow, washington, and paris. here are the top stories around the world. a pretty quiet day for u.s. markets with health care stocks posting the egg if losses in the s&p 500. we will talk about carl icahn emerging in the trump administration. his influence could shape regulations and policies that could impact of the portfolio. is proposingmp historic budget cuts. we will have reaction from the former cia director leon panetta. let's get a check on the markets with julie hyman. more of a downturn now than earlier. scarlet called a dovish raise for interest rates. we are seeing a little more movement. a pause than like anything else. take a look. health care is one of the underperfor

and today's ipo, canada goose, surging in early trade.on the stock and whether it opens up the ipo market any more. it is now trading higher by 30%. we'll be right back. >>> welcome back. let's get over to morgan brennan for a quick "market flash" on tyson. hey, morgan. >> the usda confirming a second case of bird flu in tennessee, two miles from the farm infected earlier this month. like the first case, this site supplies tyson. tyson says it's coordinating to euthanize the chicken. all of the chicken quarantined, being tested. the company doesn't expect disruptions to its chicken business, still plans to meet customers' needs. nonetheless, shares are down almost 2.5%. we're also seeing pressure on other chicken producers, pilgrim's pride, sanderson farms as well, and that is in part because, as we saw in 2015, contagious, lethal strains of bird flu have the potential to wreak havoc in the poultry industry and spur some trading partners to ban u.s. exports. i'll just note, we're talking about a chicken health issue. at least at this poin

plus, what do logos on uniforms virtual reality and canada goose jackets have in common?next guest, meet the man involved in all three ahead. plus, another huge cnbc interview ahead, ibm ceo and chairwoman ginni rometty will join us. some of the retail stocks also feeling the pain, bed, bath & beyond, macy's, target, under armour all down. everything is down. we're back after this. have a deal between two dow components, he said, but we have one today. ibm and at&t, linking up to bring ibm's watson to at&t's products. let's get right now to kelly evans live at the new york stock exchange with a special guest that is not a computer. kelly. >> thank you, brian. that's right. i am now joined by ibm ceo ginni rometty live from their cloud conference in las vegas. if i may, thank you for being here. >> thank you, kelly. >> i want to begin before we get into all of the flurry of announcements lately, including the announcement about at&t today, to ask you a little bit about what's happening in these markets. you were just with the white house on friday. we know you're on the pr

the luxury jacket maker canada goose published yesterday, here new york stock ex chance and also canada main stock exchange, shares topped 25% on day one of trading. peta protesting outside the exchange, because canada goose uses real fur. the group says it plans to buy enough shares to influence the company's policy. >> and can siri anal election a get along? amazon says it will bring alexa electronic voice assistant to the iphone. users will be able to call alexa by tapping the amazon app and asking alexa anything you would normally through an echo, like purchasing something or getting sports scores. little turf war here? >> i was going to say, like done as at this with joan collins and linda evans back in the day. >> i like that reference. >> rahel is looking at me like i'm crazy. >> i'll ask alexa and sewer what i that just meant. >> who those people are? thanks, jill. >> alexa, what is dynasty? >> thanks, jill. >> yikes. >> investigators trying to get some stollen jewelry back to the rightful owners on the main line. >> prosecutors showed off more than 50,000 pieces they allege wha

landon dowde edy has more on ho canada goose faired on its first public day. >> canada goose going publicesterday, soaring opening at $18 per share on the new york stock exchange. the stock closing with an increase of 25%. that performance making it the second best ipo of the year. goose priced its initial public offering of 20 million shares raising more than 2$255 million. co danny reese says he is excited about what's in store. >> our opportunity is in everything. we feel we have tremendous geographical expansion opportunities. i met with a lot of people while on the road, a lot of investors agree we can grow in the united states for sure. internationally, europe, asia and new products. >> what does the successful debut tell us about the health of initial public offerings? 21 ipos were priced this year raising 9$9.1 billion. of the 21 ipos to price this year, the only other firm that did better on the first day of trading was snap with a 44% gain. back over to you. >> landon, 1,005% from the money raised so far? huge. >> timing is everything. the winter storm was the perfect back drop,

stuart: canada goose. [laughter] >> i don't own a coat. stuart: i don't own a coat. h. [laughter] >> last one, you, scott. you're going to buy canada goes when it opens? >> no, i'd like to get brenburg in one of those and take a picture. ashley: he's up for it. >> the trouble is, they're a bit of a fad. you don't get them. sometimes it's 50 in june in chicago plays well to the brand, but they need to expand warld wide and there frankly isn't the demand given the climate situation. stuart: we don't like canada goose, we don't like-- thank you very much indeed, gentlemen. good stuff. check the big board, we did not hit 21,000, we're close, real close, up 32. senator ted cruz says the congress has a chance to be one of the most productive in history. as long as his fellow republicans don't, as he says, screw it up. we'll hear more about that in a moment. ♪ >> we're close for the benefit of our listeners on satellite ray radio, we're up 40 points. 9 points away from a return to 21,000. let me keep that up, maybe, while i reveal this to you. we've got a new poll, americans

now, you know we like canada goose. that's that newly public apparel company, and we're gratified that it rallied another 7% today after we recommended it last night. so how about the apparel company pvh? is it too hostage to the department stores and the mall or is it international enough to avoid the pitfalls? we're going to find out when the company reports on wednesday. the last quarter was a good one. stock shot up. till it's important to distinguish that canada goose's products are poor more expensive than those of pvh, actually much more like tiffany, which gave you a good number and an excellent forecast today and that drove that stock up 2.7%. but pvh is a terrific operator and has been able to make a lot of money even when many investors have counted it out. a lot of action thursday. in the morning we hear from accenture. this is one of my favorite information technology service providers. let's look for an opportunity here. an opportunity like the last time accenture reported when the company gave you a terri

shares of canada goose are soaring up 28%. could it go the way of newly public snap chat which just dropped below 20 bucks. >> new filing shows that wells fargo's ceo's compensation went up despite the sales scandal that shook the bank. we have more details on that controversial story coming up. >>> but we start with the budget blueprint the white house ingave this morning. you can see the percentages there. he's calling for cuts, meantime, at the environmental protection agency and the departments of state, labor, agriculture and commerce all in the range of 16 to 31%. we have full team coverage on which stocks stand to gain and lose the most from these proposed changes. kayla tausche taking a look at infrastructure. meg tirrell looking at pharma and health care. >> we got some glimmers of what the white house wants to do with infrastructure. it's proposing to end several projects. the government's proposing steep cuts to infrastructure heavy agencies and their programs at agricultu agriculture, cutting rural water program. a

. >>> canada goose expected to price their ipo any moment now.sis of this new offering coming up. >>> welcome back. with breaking news on tesla. seema mody has the details. >> tesla announcing a secondary offering of $250 million of common stock of which elon musk will buy 25 million. in addition to that, $750 million of convertible senior notes. the proceeds according to the press release will be used to strengthen its balance sheet and reduce the risks related to the rapid scaling up of the model 3 launch. we're looking at shares of tesla higher by around 2% on the news, kelly. >> thank you, seema. ordinarily if you are a public company who issues more the price should go down. equity is one of the more expensive. we're not talking about any company. we're talking about tesla who has for some time has been speculated they needed to raise money. they're doing it now on a relatively small basis. >> it's always a matter of when they'll choose to raise more capital. less than a quarter of it common equity. the convertibles is more of a play on appe

>> the luxury parka maker canada goose last week an enterprise softre company deal soft.what is happening with snap? we think it will be a wake-up call for issuers such as the consumer branch. we've been waiting to see soul cycles, getty coolers. we think if you're a private investor of those companies come you can't help but notice what happened with canada goose. but the technology space and energy software in particular, we think that will be a wake-up call for companies like talent to your common spot aside, possibly the firm dropbox. we think some of the larger unicorn will start that. dagen: that companies like canada goose and yeti coolers are so specific in terms of what they do and it's not much of a broad reach in terms of whether canada goose in terms of just selling code. >> that it's a very important point about how specific they are. when it comes to the consumer space, it's been a very difficult space to be in. the department stores are challenged. e-commerce is taking over. i think in terms of the ipo market when investors are interested, they will be the

canada goose has done well. got it. tiffany helped from asia and china and japan in particular. that offset weaker domestic sales for tiffany. the stock is up now 1%, 91 on tiffney. back to my editorial at the top of the hour. i'm saying the left is trying to make america ungovernable and i think they've had some success. i'm going to make myself unpopular, but i think the left's process of stop, block, get them to retreat, stop anything trump. they've got some successes to chalk up, i think, fred. >> well, they do have and they've had some successes not only in berkeley and i think they're going to have more. i think this is just the beginning. the democratic party now has taken the stance that we're going to apply total resistance to the trump administration and this is happening in places around the country. remember, at the environmental protection agency where the bureaucrats there rebelled in public and demanded that donald trump's choice to head epa, scott pruett, not be confirmed. i'd never seen anything like th

canada goose. costs up to $800 a piece. stock soaring 25% in the first day of trading.er the past few months, inn vefvestors like the rugged and luxury prices. the ipo is not without controversy. peta says it is filled with real fur and real down. the group says it plans to buy shares of canadas goose. >> you are skiing this weekend. >> yes. >> $800 is out of my league. >>> "early start" continues right now. >> you are mischaracterizing what happened today. where is your passion and concern when they said there is no connection to russia? >> a press briefing for the ages. defiant white house defends the president's wiretapping claims despite the bipartisan members say there is no evidence. >>> some of the white house budget proposals hitting the needy where it hurts. despite the backlash, the white house standing by its case. >>> and then there's the health care overhaul. a growing number of house republicans oppose the gop health plan. critical moment now for speaker ryan who may have already lost more support he can handle. 21? >> razor thin margin. >> welcome to "ear

canada goose is the maker of pricey jackets and parkas. they cost $800 a piece.t day of trading. investors like this company combo of rugged looks and prices. animal rights groups, peta protested outside the new york stock exchange. it is trimmed with real fur and real down which say causes pain and suffering to animals. the group says it plans to buy shares of canada goose to become an activist investor. >> what does peta like? >> not real fur. >> that is not stopping. you know where you donate? mar-a-lago. >> this is true. where they can afford. >>> the president is headed back there. >> i'm christine romans. >> i'm dave briggs. "new day" starts right now. >>> first of all, he stands by it. he was clear about that. >> when i say wiretap, those were in quotes. >> you are saying we don't know wiretap. that's not true. >> i have not seen any evidence this occurred. >> let's see if i prove it. >> the director will be asked to respond directly. >> this budget reallocates spending. >> i can't see how this budget can survive the light of day. >> meals on wheels sounds

as for canada goose, i would call that a very mixed open yesterday.ue $12.78, opens at $18 certainly looks like a success. but there were 2.3 million shares, carl, that traded at $18 and immediately went down towards $16. there were a lot of people who bought at that open who were losers on the day overall. even though the initial price was higher, the final trading price was higher than initial price, all of those millions of retail owners who bought at the open, they were under water by the end of the day. i call that a very mixed open for canada goose. right now the dow up 6.5. waiting indications for mulesoft. >> thank you very much. >> stick with it. don't sell canada goose. we recommended it hard last night on "mad money." i think there's many good things happening. the apparel stock of choice for growth managers. hold it. >> you've been kind of focused on have been these ipos, even retail. >> hard to get through right now. highest quality material is getting through this chut including mulesoft and canada goose. later on when bob says, seven, e

. >> reporter: no one knows when the first canada goose landed. now there are many and they're territorial. any formal complaints? >> no. >> reporter: that is gail vassar, the official spokesperson who told us that because canada xwe nin a geese endangered species status, the city can only take limited measures. >> they're getting ready to breed. >> reporter: and a.j. is clearly not their type. in fact he won't go near one now. >> can you give me a description of the gees. >> yeah, like any geese you would seed. but y cay height, long neck, grayish, brownish, whitish. >> reporter: call it cautionary tale of man and nature face-to-face in a suburban park. clearly the rules changed during mating season. >> this is a serious matter. these animals are dangerous, a threat to children and parents should be concerned. walnut creek, wake friedman, abc 7. >> they look so peaceful. >>> keep your umbrellas handy. that's right. it felt more like spring, but you will need the rain gear this weekend. >>> and snan chpchat xwoes publ. how items tu it's turning in

canada goose soaring 30% in the debut.any makes rather high end winter coats priced at $900, a limit less for some of them, but a big, big celebrity following, and a lot on the streets of the new york city these days. shares of williams-sonoma rallying 3%, beating profit estimate, revenue fell short. company saying the holiday season was one of the best, and announced a 5% dividend increase to 39 cents a share. check out the biggest gainers in the s&p right now. they include oracle, nucor and wynn resorts. those are the big winners now, up between 2-7%. >> the trump rally taking a breather today. big question on wall street, though, washington and board rooms across america right now wondering if the biggest driver when it comes to business and weeks and months ahead is administration's efforts to cut lots and lots of red tape. all right. all-star panel on this issue ready to break it down for us. our guests are from the corner office, gordon, former content thenal airline ceo, jimmy, american enterprise institute, and ins

. >>> the latest high flying ipo is canada goose.the parkas and other winter clothing went public on both the new york and toronto stock exchanges and shares quickly soared going on sale two days after the huge snowstorm in the northeast. probably didn't hurt. a canada goose parka else is for about $900. >> whoo. >> or about 60 shares of stock at this morning's opening price. >> goodness gracious. >>> to a consumer alert about the drugs in your medicine cabinet. >> yeah, how often do you really collect the expiration dates and are they still safe even after they've expired? abc mara schiavocampo checks it out. >> this family has no shortage of medicine, two fully stocked medicine cabinets with a mix of over the counter and prescription drugs for pretty much whatever ails them. >> anti-inflamt flamtories it, muscle relaxers. >> but like some of us, mom emily wonders when it's time to toss these drugs and replace them. joined by our chief health and medical editor dr. besser we visit their home in ridgewood, new jersey. >> hello. >> hi

toronto's canada goose making its public debut on the new york stock exchange.ou wear that in today? >> canada goose? absolutely. >> you did. >> you can do that, but can't wear green. the stock closing its first day of trade with an increase of 25% from the ipo price of $12.78 a share. but the first trade registered was 18. it was down from that. the performance made it the second best ipo of the year. goose priced its initial public offering of 20 million shares to raise more than 2$255 million. i saw something written where is snap now? >> snap is below $20. >> down, down, down. >> but not below 17. what did you think of peta? did you see this? buying in the canada goose -- >> so they have a say because there's some fur -- >> there's fur on yours? >> no, i actually zipped it off. >> you still bought it. >> the animal is still dead. i'm sorry. so you think that's okay, you zipped it off. do you think the animal is coming back to life? you can glue the fur back on it? you bought it. you were part of the problem. >> i am part of the problem. >> okay. as long as y

canada goose holdings in toronto having good timing with a big snowstorm back east and right now the stock is up 30%. checking in on the numbers they were up most of the morning but right now the dow jones is down 42 points still closer to that 21,000 mark with the nasdaq down a little bit and the s&p 500 2378 down as well. gopro stock is up with the camera company planning to cut another 270 jobs to cut costs in addition to the layoffs announced in november. they have been hurt likely by increased competition and a recall of the karma drone but it also predicts revenue will come in at the high-end of expectations and the stock is up this morning. the doll maker american girl is offering a unique job opportunity looking for a researcher to help with his turkey -- historically accurate dolls responsible for ensuring accuracy and the job is not for beginners. they are looking for someone with a bachelors degree or higher and research in nonfiction writing experience. >> american retailer hoping to see more green this st. patrick's day predicting st. patrick's day spending will reach $5

. >> nobody knows when the first canada goose landed here, and now there are many. >> have there been formal complaints? >> no, no formal complaints filed. >> and they enjoy the endanger species status, and what might provoke one? >> they are getting ready to breed. >> and he is clearly not their type, and he won't go near one now. >> can you give me a description of the geese? >> yeah, they look like any geese you would see, you know, about yea height, long neck and full buddy, and kind of grayish, brownish, whitish, you know. >> call it a cautionary tale of man and nature face-to-face in a suburban park, and clearly mating changes things. >> they are a threat to children and parents should be concerned. >> in walnut creek, wayne freeman, abc7 news. >>> hundreds of people came together last night to help firefighters put out cancer. abc7 news was in san francisco for the sold out art auction and gala for the firefighters cancer prevention foundation. three people were honored for their contribution to end cancer in the firefighter commuter. award-winning actor came out to support his

canada goose goes public. such a dire year for ipos. anybody have a canada goose jacket? don't, the clothing companies are like restaurants. they are hot and then just not. >> they are expensive those canada goose jackets. maria: a very quality products. a look at one of the jackets. when we come back, secretary tillerson with his first trip as secretary. he played in a sticky situation. an american airlines flight makes emergency landing over a split -- is spilled soda. they had to make an emergency landing as a result. details next. ta. but i found so much more. ( ♪ ) it's really a melting pot of activities and people. (applause, cheering) new york state is filled with bright minds like victoria's. to find the companies and talent of tomorrow, search for our page, jobsinnewyorkstate on linkedin. be overwhelming and complicated. that's why at cancer treatment centers of america, every patient gets their own care manager, to coordinate every aspect of their care. it's a long journey, its very complicated and we try to help them through that. we are available 24/7. if a ne

canada goose, you know the canada goose.y are making their debut today, going public in america and canada have been a successful launch there. actually the biggest ipo since snap, which continues to fall apart of those hanging above 20 at least for now. yesterday, tomorrow rate hikes coming this year. president trumps for the economy of the two bigger growth should the fed be prepared to step on the gas. the market watcher jason herzog. you think we are going to see more rate hikes this year. >> i think we have to be careful. europe has a lot of elections going on right now. they think we slow and steady move out -- move up the race. i do want to see a quick rise in rates. charles: here's the thing i thought was interesting yesterday. they are seeming to have a baby and different, but they are not giving donald trump a lot of credit. they are looking at 2.1% growth this year and 2.1% growth next year. seems like it would be a lot more than that. >> what you expect janet yellen to do? throw donald trump rocks? she wouldn't d

. >> luxury jacket maker canada goose went public here at the stock exchange yesterday also on canada's main stock exchange. shares topped 25% on day one of trading but peta protested because they use coyote fur. they plan to buy enough shares to influence company policy. >>> google hopes to improve the quality of search results by flagging offensive content with hate, violence and racial slurs. flagging it doesn't affect the search results but better and more trustworthy content will rank higher. >> fans of apple's assistant alexa will be able to access her in an unexpected place. >> reporter: yeah. amazon's bringing alexa to its electronic voice assistant to the iphone. users will be able to call her by tapping the app and basically ask her anything you would normally ask through an echo device. can siri and alexa get along? >> yeah. >> alexa order me an iphone with siri on it. >> exactly. [ laughter ] >> jill wagne r of cbsmoneywatch.com. thank you. >>> new york city a man stole an ambulance and killed a mother of five. police say it started when two emts learned a man was riding on

. >> reporter: no one knows when the first canada goose landed here, but now there are many. >> thereen no formal complaint. >> reporter: today gail told us that because they enjoy endangered species status, the city can take only limited measures. none have worked so far. >> the geese are the molting period which is when they are getting ready to breed. >> they look benign, but they're vicious. >> reporter: so rish issuviciou fell. >> it looks like any geese you would say. but yay height, long nerk fuck, body, grayish. >> reporter: man and nature face-to-face in a suburban park. clearly the rules changed during mating season. has anything like this ever happened to you before? >> oh, no. and i'm from new york. >> reporter: in walnut creek, wayne freedman, abc 7 news. >>> a long drive or bus ride to get to a full service supermarket is about to end for residents of one san francisco neighborhood. abc 7 was at fulton and octavia streets where a new seasons market will soon be built. our partners report this will be the oregon based chain's first store in san francisco. local leaders sa

. >> reporter: no one knows when the first canada goose landed and there are many and are territorial it appears. have there been formal complaints? >> no. >> reporter: she said because canada geese enjoy endangered species status the city can only take limited measures to leave. at might provoke one. >> geese are in the period getting ready to breed. >> reporter: he is clearly not their type, in fact, he won't go near one now. could you give me a description of the geese? >> well, yeah, they look just like any geese you would see, you know, about yay high, long neck, full body, grayest brownish whitish, you know. >> reporter: call it a cautionary tale of man and nature face-to-face in a suburban park. clearly, rules change during mating season. >> this is a serious matter. they are dangerous and a threat to children and parents should be concerned. >>> well, uber is changing the tune following state rules involving self-driving cars. uber will apply for a state permit to test itself driving cars on public roads. the decision comes weeks after the dmv shut down uber's program because

cramer, a recent public offering, good for the gander, goos, canada goose?, i know people feel like the stock is too hot, not for me, i like it. let's go to alberto in maryland. alberto. >> a big boo-yah, skee-daddy. >> i'm liking that, what's happening? >> i'm calling from colombia, maryland and i want youred ed a on cliff's national resources. >> i'm going to say that that trade has occurred and we're going to move on. ladies and gentlemen, that is the conclusion of "the lightning round." ed trying to figure out this complex trade so i brought in my comfort pony, warren, to help me deal. isn't that right warren? well, you could get support from thinkorswim's in-app chat. it lets you chat and share your screen directly with a live person right from the app, so you don't need a comfort pony. oh, so what about my motivational meerkat? in-app chat on thinkorswim. only at td ameritrade. gave us the power to turn this enemy into an ally? microsoft and its partners are using smart traps to capture mosquitoes and sequence their dna to fight disease. there are over

canada goose is going to be pricing next week. a down parka maker.e they get that deal done before the spring. >> thanks for being with us. >>> when we come back this morning, obviously a live shot of washington there. the white house unveiling an updated immigration and travel order. "squawk alley" is back after a break. a basketball costs $14. what's team spirit worth? (cheers) what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to create, not just wealth, but things that matter. morgan stanley >>> good morning once again. here is your cnbc news update. european foreign union ministers joining up for the start of the foreign affairs council meeting in brussels. it's set to improve military training missions. former penn state football coach jerry sandusky has been moved to a medium security facility in pennsylvania. no reason was given. he's serving 30 to 60 years in prison for his 2012 conviction for charges he molested several boys. >>> another snowstorm hitting higher elevations in california. >>

sharesch -- canada goose jumping almost 30% in the first moments of trading, still upper entrÉe 5%. - up around 25%. julie hyman is checking where things stand a

canada goose up 27% in its debut. >>> welcome back, gold rallying today to the highest level in over this following yesterday's fed announcement, 30 bucks in one day. are you a bull at these levels? >> i am. unequivocally, the dove's message was received, and it was a one-two punch, jackie. we saw that rhetoric from the fed, but look at the similar fashion that jeffrey talked about a lot of people being offsides on the treasury market, a lot of folks were caught offsides on the goal market. it took us up to 1233, more room to run. >> scott nations, you're a bear when it comes to the gold trade. do you take that position today? >> well, i think the rally makes a lot of sense, only if you are worried about inflation. if you think inflation is going to increase more than rates, and now seems like yellen is fine with that, buying gold makes all the sense in the world. from the high we saw last july, the downward trend line shows 1250 resistant, and above that is bullish, and above the recent high of 1260 an ounce, that's very bullish. >> all right. of course; we'll keep commodity discuss

with thee an interview executive of canada goose leader on bloomberg. shares up 30% already.cally deep cuts, what president trump proposes in his budget, his so-called skinny budget would touch almost every federal agency program. joining us from capitol hill with reaction from both sides, bloombergs washington correspondent kevin cirilli. what are the main takeaways of the skinny budget? kevin: they are a lot of republicans on capitol hill disappointed on what is in the budget. i spoke with one senior aide to a pro trump member of congress that says this is "awful." the impact would be devastating to world communities, the same that helped propel president trump to the white house. i spoke with a senior source within his political order and he said it would be devastating to big pharma. it is interesting to get that feedback. it would diminish trial studies, and that is going to impact pharma. this is facing opposition from democrats in washington and many republicans, who viewed this skinny budget as too few details and promising to do too much. another source of a committe

canada goose getting up pop. we will see how it goes.is open in the beginning of this year. jonathan: it is easy to build up a bearish scenario with some of the ipo's and valuations. do you look at those kind of things? >> when you follow the trends, you tend to see an initial spike. there is great growth among teens in our surveys. it is beating facebook and instant from among teens, really strong growth. but they do not necessarily have the treasure trove of user data that facebook has. companies,e of these they are taking the opportunity to cash out, and who can blame them? david: the data may well be coming. >> it could bp rebut a jacket company? i don't know. it could be. but a jacket company? i don't know. david: coming up, the general motors chairman will be talking to us about the border adjustment tax and job growth in the united states. ♪ david: this is bloomberg. president trump went to michigan, just outside of detroit, yesterday to talk to autoworkers about his plan to make america the global leader in automobile production

with the east coast blessed by a nor'easter seems like good timing for canada goose ipo, expected tor initial public offering after the bell today, the president expected to raise $227 million. canada goose shares will trade on the stock exchange and new york stock exchange, and then bain capital, 70% stake in 2013 and finally google publicly sharing users search history, google had to fix the glitches after search histories with friends were shared without permission, the virtual assistant did not work as intended in group chat so search history shared with friends, aloe has been criticized for privacy issues. those are your headlines. maria: imagine that each all your searches are out, not good. president trump just weed he is on fire this morning. this about his plan saying will be going to detroit, michigan, love today for a big meeting on bringing back car production to the state and the us, already happening. the president is headed to detroit and throughout the chicken to talk about bringing jobs back to america. we will talk about that when we come back and paul ryan coming u

canada goose, talking about them, trade here at the nyse tomorrow.s is going to list on the toronto stock exchange as well. a very high-end outerwear. mulsoft, that was an up great at 14 to $16 a share. it's a software business here. the one i'm most interested in, we're going to have an energy ipo. we're going to have propetro holdings, which is fracking services in the united states, 20 million shares, 16 to $19. you know what's going on, there are several energy ipos that are floating out there. three or four that were set up when oil prices were a lot better a short while ago. that's going to be a very interesting one to watch to see how it prices down here at the new york stock exchange. right now, the dow is up 43 points. carl, back to you. >> bob, thank you. >>> let's go to rick santelli at the cme. hey, rick. >> good morning, carl. it's pretty amazing when you consider the inflation data that we've had. granted, it has been hotter. when you look at the macro entirety, the year-over-year numbers are definitely on the luke warm side but yet the

canada goose holding which is a big maker of trendy outer wear, parkas, expensive parkas, should be goingn thursday. pricing wednesday for thursday. and mule soft business enterprise software company, trading for friday. three companies, all decent sizes. respectable companies. we're still waiting for a real explosion. i anticipate maybe the second week of april, somewhere around the easter holidays, i think the calendar is going to get a lot more crowded. we'll have at one point eight, nine, ten ipos. that's when i'll be able to say the ipo market has finally come back. still waiting for that one. right now the dow down 16 points. >> all right, bob, thanks a lot. check in with rick at the cme group. >> the dynamic of what's going on with rates not only treasury rates but rates in europe and to some extend other major sovereigns continue to creep and if they don't creep they hug. and it's kind of exactly what's going on. equities with a different perspective. stocks may not be going zoom, zoom, zoom every day but they've done a lot of zooming and they give very little back. so kind of the

cash,verything, go to load the boat, why did i buy canada goose? we do that with gabriela santos.oomberg realis yield. leverage has been building over the last year. broadly, yields are at multi-year lows. fedthan: even the way the to find that they are behind the curve. counterproductive. that is from a republican in kentucky. all will be taking budget 101. the chancellor will meet with the president. begins, brackets busted everywhere. princeton heartbreak, northwestern triumph it. the madness starts. michael bloomberg is doing better than me, what is that about? this is bloomberg surveillance. our worlde from headquarters in new york. francine lacqua with her bracket in london. it is lost in translation? francine: a little bit. as soon as you know celebrities are playing, that it is a fun it on the can do terminal and all the money goes to charity. almostbriela santos canceled on us because penn did not make it into the bracket. a terrific charity involved on the brackets. we need to get to briefing our first word news. here is emma. emma: a new twist to president trump's claim

. >> evan, i know you were in canada goose loving that ipo, $900 jackets. >> by the way, the only thingpany and the ipo is that i see too many people in new york already wearing it. >> exactly. >> for me that's a bad sign. you know, it's like -- >> but you have the rest of the country to adopt. >> i don't know. i just -- i think, you know, almost any retail or fashion apparel story over the past few years, they tend to have this trend. they get hot and then the wheels come off. it's like crocs years ago. >> what about uggs. >> i replaced my uggs every year. that trend is here to stay. walmart bought mod clog. that's interesting. in a way it reminds me of yahoo!'s tumblr. a company identifying what's cool in that space. not sure what it does to move the needle at walmart. after buying jet they're looking to bolt a bunch of stuff together in the online space. >> it seems not as much of moving the needle, it's importing a certain kind of energy to attack a different point in the retail. let's hope it works out better than yahoo! tumblr. >> my concern with the ip os, i doesn't feel like the

canada goose hopes to raise $237 million. volkswagen is in talks with banks.billion of bonds according to people familiar with the matter. it would be their first major offering since they were rocked by the omissions scandal. and a ceo may be fully his hand in las vegas. he has spent the past decade trying to expand his powerhouse. business shopping the around to gauge interest. it is said to be losing money. this is bloomberg. you. thank one topic i am following closely, what is happening with oil? stephen is here as well as the president of mark locke trading. you believe downside or upside? range since probably the beginning of the year. a big load up of loans from hedge funds. i was looking for a breakout but what happened was a group such -- psychiatric kind of clinic. all the big guys and ceos were wringing their hands about how we are going to stop and make sure opec continues production cuts in may, and how do we make sure we don't overproduce and rep the oil prices again. this is from guys who never had a problem with overproduction before. hamm, and

better-than-expected oubt for the rest of the year also had better-than-expected revenue growth, canada goosegest market debut of the year behind snap 44% gain in first day of trading the company raised more than 250 million dollars in the offeringxtended gains this morning up another 5%. take a short break when we come back minutes wayi from health and human services secretary tom price press conference talking about that, take you there live we will be back. >> berkeley city council report voted to divest from any company associated with building a wall at border stuart varney host of "varney & company" before he goes live. >> fast question, maria okay to berkeley city council not invest in companies is that have anything to do with building wall i presume wouldn't touch a defend stock pooin tobacco stock i got it do you think that berkeley city council would allow investment in alcohol company or marijuana i suspect would jump with both feet not sure. maria: i am not either you make a good point. >> trying to make america ungofrable more campus lunacy my opinion i am full of opinions. mari

canada goose will debut today on both the new york and toronto stock exchanges. maker pricing its ipo at 17 canadian dollars per share. that's above the expected range. >>> the blueprint budget is out, as we mentioned. hot off the presses. john harwood now joins us in d.c. with the details. john? >> andrew, this is what they call the skinny budget that any new administration does. it's not as full as we'll see next year from the trump administration. but there's a very clear message here. donald trump has it in the opening of this document. he says a budget that puts america first must make safety of our people the number one priority because without safety, there's no prosperity. so how does he translate that? the core transaction in this budget is a $54 billion increase in spending on defense and a corresponding decrease in domestic spending. how does that translate? well, look, the pentagon budget goes up 10%. you've got increases in homeland security and veterans affairs. the losers in this budget are all the other domestic agencies, the traditional functions

the snowstorm that blasted the northeast may be picture perfect in terms of a back drop for canada goosempany is set to go public. this is the maker of trendy winter coats that is expected to price its ipo this afternoon and trade on the new york and toronto exchanges tomorrow under the symbol goos. the company is majority owned by bane capital. >> quick comment because i own one of these things. i proudab ablly bought them bef they were fashionable. now you walk around new york city, everybody in new york city has one. they're so unfashionable you can't wear them anymore. how is this going to work? >> it has a distinttive loctive that could go out of style. >> the parka. >> yeah. >> do you remember cb sports? everybody had to wear a cb sports coat? the hottest thing in the world, then you couldn't wear one because everyone else had one. >> my favorite is members only. >> members only. >> people see that, they think, wow, he's -- >> he's a member of a club. >> he's a member of a club. >> it's so popular that nobody goes there anymore. too crowded. >>> when we return, it may not look like