investors are going to want change coming from dave lewis. is down 20% since we knew he was coming on board. people are going to want to see what he can an -- what he can enact. they have a new cfo coming on from marks & spencer. >> as euro zone inflation slows, what can the ecb chief to get growth going? when we come back. ♪ you areme back, watching "the pulse." breaking news on euro zone inflation. coming through at 0.3%, 0.9% read on the core number might be a reason we have seen a spark in the euro. effect, a month end keep that in mind. as data came out and was digested, the initial response was to buy the single currency. it has since come back down to on the dayhanged and and reality in terms of the levels over the last few days. paul donovan is a global economist at ubs. thoughts on what we saw this morning? >> what we have got are two factors i european inflation. import prices, legacy of the stronger euro, and food prices. they are pushing us into the low area of inflation. there's a low inflation problem in the eurozone, not a defl

the struggling grocer has slashed its interim dividend by 75% and announced that incoming deal, dave lewis will take up his post next monday. that is one month earlier than expected and that's obviously weighing on some of the our uk retailerses, including rival sainsbury. morrison off by 3.4% and ocado seeing some decline of 2.4%. helia, tell me exactly why we're seeing this partnership tuesday fall in shares today? what is the shock announcement? >> it is a shock announcement. and that wall of red you're looking at is red because this is the biggest share slide move with tess coy in 3 1/2 years. why is that? another profits warning. this is quite a serious profits warning. if we look at the numbers, they're saying they're expecting the first half bigger. now 1.1 million. that's about three or four billion less than it was last year. for the full year, they're now expecting 2.3 billion, 2.4 billion, 2013, the full year with 3.3 billion. this is a massive falldown for tesco. after a really torrid time, remember their chief executive has only just phillip clark resigned after shareholders e

one of the most humble men i have met, dave lewis and mr. guber so generous with their time. for more go to kpix.com. frank and michelle? >> it's pretty amazing. coach lad, you know, actually nfl coaches and other coaches have watched coach ladoucer's practices and read his book and amazed at the success and what a great guy he is for the kids. >> seems like a good movie, roberta. all right.thank you so much. have a great weekend. >>> good news for two dozen cats abandoned in marin county. coming up at 6:30, an update on the effort to find them good homes. ,, hey pal? you ready? can you pick me up at 6:30? ah... (boy) i'm here! i'm here! (cop) too late. i was gone for five minutes! ugh! move it. you're killing me. you know what, dad? i'm good. (dad) it may be quite a while before he's ready, but our subaru legacy will be waiting for him. (vo) the longest-lasting midsize sedan in its class. introducing the all-new subaru legacy. it's not just a sedan. it's a subaru. >>> good morning? >> everyone. the last five times a team won a protest, they went 0-5 in the resumed games. wel

. >> reporter: during the trials and tribulations, dave lewis, professional bear sportscaster, called many play-by-play -- bay area sportscaster called many play-by-plays for the spartan team and witnessed coach ladoucer in action. >> to get people to sacrifice is an artform and if everybody could do it everybody would win 151 games in a row. >> reporter: peter guber, coexecutive. golden state warriors and ceo -- of the golden state warriors and ceo of mandalay entertainment tells the story. >> the heart of the story is the narrative of this man's journey with his team, with his school, and with his family and these players' journey and how they had to overcome adversity in the face of all that. that combination is what drove us to feel there was a real powerful narrative. >> i thought they did a really good job of trying to capture the heart of what we do and the spirit of our program so i was happy with it. >> reporter: i'm not sure the lead actor is as handsome as you. >> oh, yes, he is, way. >> turned the corner lungs for the flag lunges for the end zone! >> after meeting them, i

we need a grandiose change from dave lewis. he needs to rebrand. >> thanks very much.ors, the news comes in september as the start date. i was inking, is that the new date? a month early? >> they are cutting the interim dividend. it is about being able to generate cash flows. that doesn't require cutting the dividend. i think we will expect a much more substantial structural review. time between now and april, that is actually useful. youif you are looking back see them thinking affect the plea this morning. the stop down seven and a half percent. you like costco? >> in order to turn bullish on tesco we need a resolution. format thatgacy of are not attracting the customers. that needs to be changed. we can change that. we just need time. the first factor, i think we need to see some upturn in the long-term consumers bending. -- spending. i worry there is a gap emerged between what is being spent in the highest rate. -- high street. i worry there will be a lot down in spending. but that think it is worth underlining as well. you have market shares under 30%. going forwa