, and every fitch i know. >> dickerson: what do the fitchs say about you running for president? >> they're not talking about it because of some great speech. we have taken real action and real reforms i'm not the only one out there. you look at governors across the country whether it's chris christie, rick perry, there are people talking about each of them as well. why? because in each and everyone of those statesman 'others like them they are leaders in the republican party who are chief executives getting big, bold things done. i think that is what people are hungry for not only in the states but across the country. >> dickerson: last question, governor, are you running? >> i'm regioning for governor. i'll make that announcement in 2014. we'll see what happens after that. ultimately my decision will be made not just by myself and my family but i've got to look at my state. my state has gone through a lot, there's a part of me just like to stay focused on helping the state move forward. we'll see what the future holds. for now i'm focused on being governor. >> dickerson: thanks

robert fitch. >> hello. thank you for having me here. i am with the city college disabled students programs and services and i know you are aware of all of the stuff involved with a creditation but even on a statewide level as it relates to seniors and people with disabilities. trying to redefine the purpose of community colleges narrowly pretty much wiping out all of the people who go for a class or two the classes for disabled students and older adults programs particularly the ones that are offered out in the community places like the arc and senior center etc.. one of the members of that task force went on to write a state law that got through the senate and luckily stalled in the assembly rationing classes specifically nutrition and exercise classes foreseen i , seniors because it wasn't academic enough so there's an ugly force going on in the state to really really cut back on services for our aging population which is pretty ironic since we're probably all going to age. >> thank you mr. fitch. >> next item on the agenda is -- do w

three winners abercrombie fitch, activist investor pushing. abbey vi and ownok. >> that will it for "power lunch." "street signs" begins right now. ♪ got to get up ♪ listen to me >> stomp going on in stocks. we're going to get to that in a second. what is apple up to? now buying a data analysis company? apple's former ceo thinks he knows what they're doing and he is here. hello, welcome to "street signs." melissa riding shotgun all week. welcome back. stocks are down more on that in a second, but your other top stories at this hour, how the detroit bankruptcy ruling may impact your city and state. tough day, perhaps some very good news for detroit and the auto industry and another story that will make you wonder, are we headed for a largely and humanless and jobless economy. we call it a pick me up. >> talk about the stomping in stocks, rally interrupted the dow and s&p 500 suffering their biggest one day drop. the dow on verge of its first three day losing streak since september as it dips to its lowest level in three weeks after saturday str

fitch and moody's have said the charges are without merit. and finally do you know how safe your big queens are inputs dot io a digital wallet company was hacked last month now the bandits made off with more than four thousand bitcoin in other words one point two million dollars yeah one point two million now the founder of inputs dot aioe released this statement saying quote people are getting refunded but inputs doesn't have enough points to pay everyone fully i don't recommend storing any accessible on computers connected to the internet. now here's the thing keeping your big quote away from a computer connected to an internet maze seem a little bit like a paradox and realize heavily on networks of computers across the web but with crypto currency pirates who work it all over the net there may be very few options for safeguarding your big so be on the lookout well there you have it will be charging these stories and keeping you posted on all the latest as always. we have seen an unprecedented expansion in the monetary base over the past de

stearns during the two thousand and seven financial collapse the claim accuses standard and poor's fitch and moody's of assigning artificially high credit ratings to mortgage bonds now when those bonds collapse the funds failed resulting in more than one billion dollars in losses for investors in the complaints liquidator say e-mails which they say prove the agency knew full well that their high quality ratings of these mortgage bonds were bogus representatives for s. and p. fitch and moody's have said the charges are without merit and finally do you know how safe your big queens are inputs dot io a digital bitcoin wallet company was hacked last month now the bandits made off with more than four thousand bitcoin in other words one point two million dollars one point two million and now the founder of inputs dot aioe released this statement saying quote people are getting refunded but inputs doesn't have enough points to pay everyone fully i don't recommend storing any accessible on computers connected to the internet. now here's the thing keeping your big quote away from a computer conne

in the meantime, do you remember the abercrombie and fitch ads making comments, disparaging commentstheir circulation by her close. and it turns out that back i could be on the verge of losing his job. and i will give you the complete skinny on it. coming up next [ male announcer] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools iroduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everythin so everyone goes home happy. you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... davidivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] fedex one rate. stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. re shopping. mo dining out. and a with it, more identity theft

i want to point out you were at fitch. you say people should not be too upset? should moody's or fitch downgrade porter regard to junk status. >> pr is important to the market and is when we held, that being said what happened in puerto rico doesn't tell us about what is happening in municipal credit more broadly. and a positive outlook and therefore any extra market volatility caused by puerto rico downgrade creates more buying opportunity and sell signal. >> that comes much later and a good time after the downgrade. we are watching the outflows from municipal-bond funds and u.s. households, mom and dads who hold municipal-bonds down to $1.64 trillion in the third quarter so the retail investor doesn't want to buy these things. when would the opportunity to buy come? >> in general for the muni market the best opportunity is to wade through the expected interest rate rides we see over the next couple quarters and outside sensitivity, but rising rates in this environment and debates over the course of 2014, we go through a couple quarters of interest ratings befo

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in the meantime, abercrombie & fitch is open. they obviously want to bring value to the company, they committed to creating value to this company, and they replied to this letter seeking the change in ceo and the possible even sale of the company. so this is a story that has just begun today, and surely will unfold over the next few months. let's see what happens. but you do have the ceo now after 16 years probably a little nervous today. and gauge capital, by the way, owns about 400,000 shares of abercrombie. liz: sometimes people compare them to american eagle, jumping up 1.5% as well. very interesting to see these names, very sensitive to the tastes of fickle teenagers too. with stocks taking another dive today, how long will they stay down? is this the way of the future perhaps that people have been waiting for? let's get to the floor show, traders at the new york stock exchange, cme group and the nymex. teddy, you and i have been very sanguine about this, as long as the central banking system is completely friendly to low in

and then there's abercrombie & fitch, a story we have followed all year long. they've been under pressure. the ceo has been criticized for some of his comments and also the performance of the company overall. right now it's down 25%. ceo mike jeffreys getting his contract resigned, it was due to expire in february, but now he gets another year onboard. but at this time it would be a more simple contract, a contract that will be more based with incentives on the performance of the company. so a more closely tied to the company's performance overall, so that's good news for shareholders. you did have engage capital very voc saying he should be out -- vocal saying he should be out, he's a roadblock, he's been there since 1992, but nobody listens. and right now you see it's to the downside. cheryl: and just in time to sign your contract in the middle of the holiday shopping season. all right, investors are anxiously waiting for the fed's taper to begin perhaps next week. stocks though continuing to climb today, in fact. let's get right to our floor show, traders at

and for other stores that are not doing as well as they hoped like abercrombie and fitch they're offering half off on everything in their stores, and kohl's and toys "r" us will be staying open. is that a smart strategy? >> if the market is not growing fast you're trying to take more share than your competition. if that means being open more hours, that's what they're going to do. they have to balance that against making their employees happy, burning out their people. it's a balancing act but generally the dollar is going to win. >> he doesn't think it is necessarily a good idea with all the costs involved to keep a store open and overtime costs you may gain an extra in market share but he doesn't think over all that it might not help as much as they hoped this holiday season. >> and you might have frustrated employees as well. before i let you go, andy, let's talk about internet sales. is that pulling away from the brick and mortar stores? do they compliment each other? >> increasingly it's pulling away. internet sales are three times faster than brick and mortar stores. and now interne

three winners abercrombie fitch, activist investor pushing.ownok. >> that will it for "power lunch." "street signs" begins right now. ♪ got to get up ♪ listen to me >> stomp going on in stocks. we're going to get to that in a second. what is apple up to? now buying a data analysis company? apple's former ceo thinks he knows what they're doing and he is here. hello, welcome to "street signs." melissa riding shotgun all week. welcome back. stocks are down more on that in a second, but your other top stories at this hour, how the detroit bankruptcy ruling may impact your city and state. tough day, perhaps some very good news for detroit and the

. >> now she is critical of those teen retailers american eagle, air row postal and abercrombie & fitch have been offering deep discounts as teens move away from that merchandise. the big question, how much of a loser target will be. after its massive credit card breach. america's research group says target has not been dramatically affected but retail consultantsy growth partners said transactions slipped 3% to 4% last year the same weekend and target's brand perception has dropped more dramatically than others. so in the meantime target is offering discounts to rerecruit its core shoppers, we will see other retailers like walmart benefit from this down time. back over to you guys. >> thank you so much. still ahead we're going to bring you last-minute holiday stocking stuffers. two market masters will be joining us with their top stock picks before the end of the year. >> later, wake up and smell the profits people. java giants enjoying a jolt thanks to super low coffee prices but consumers are getting roasted. bringing a caffeinated debate when "street signs" returns after this 2014 b

abercrombie and fitch may not be looking to replace mike jeffires but engaged capital think it should. even though it may be expensive for the company to cut ties with jeffreys. it's about matching need to skill. the trick is finding the right combination of those skills and a strong track record, whether a turn around expert with financial acrements or former merchandising manage we are a strong understanding of a core consumer. >> some retailers may see themself on a fast growth pass and find a ceo who can prove he or she has made that happen for other retailers in the past. >> reporter: who is on the possibility list? andrew jennings, out going ceo of car stat is someone whose both desirable and available. ron sacks former president and chief merchant is available but question whether he's ceo material and the wish list, highly desirable but unavaila e unavailable, ken hicks, footlocker ceo, glen murphy, gap ceo and macy's chief merchandising officer. he says to move into education, it's hard to consider him working for anyone else, but if he would be willing, he would be a big get

. >>> the activist investor engaged capital is engaged in shaking things up at abercrombie and fitch. the letter says selling the struggling chain may be the best option. they responded to the suggest saying it welcomes in put. shares popped nearly 6% to $35.99. >>> the oreo cookie maker boosted the stock buy back by $1.7 billion. that's a lot of cookies. the increase is part of the plan to use the proceeds from the legal dispute with starbucks. back in november starbucks was ordered to repay for the early termination of a grocery store deal. the announcement sent shares up more than 1% to $33.90. >>> potash will cut 20% of the work force or about 1,000 jobs, the world's largest producer has been struggling to keep up demand for two key fertilizer ingredients. potash and phosphate slumped. it will take place in canada, the u.s. and trinidad. shares were a fraction higher today to $39.79. >>> a bad report card on american education. test scores show american students continue to lag in international rankings. according to results from the program for international student assessment, u

. >>> just last week, we told you an activist hedge fund was pressing abercrombie and fitch. they're trying the compensation more closely to the performance in the new agreement. the stock was off 2% to $34.10. >>> and mosaic will buy back about 10% of its outstanding stock from cargo trust, the world's largest fertilizer maker said the move will wind down ties between mosaic and carter. it will be final in the next eight months, the mosaic shares were down to $46. >>> and more trouble for the world's largest bank, now the u.s. government is investigating the hiring practices of j.p. morgan chase outside the united states. so far federal authorities have unveiled e-mails that linked the hiring of a top chinese company official's son and efforts to yield business sales with that government-owned company. and j.p. morgan is not along, the securities and exchange commission is investigating similar deals among goldman sachs, among other. >>> and one of the most protected divisions is here, the so-called volcker rule. the u.s. regulators are expected to vote tomorrow on a final v

thanksgiving day but stores that are not doing quite as well this holiday season like abercrombie and fitch they're offering 50% off in everything in the store, holes department store and toys "r" us say they'll keep their doors open nonstop until christmas. the question is that a good strategy? >> if the market is not growing fast you're trying to take more share than your competition. if that means being open more hours that's what they're trying to do, they have to balance that against making their employees happy. burning out their people. so it is a balancing act, but generally the dollars are going to win, and if i can get more dollars i'll keep my stores open. >> when it's all said and done he thinks the shopping center will amount to 3% to 4% increase over last year. nationwide that would an modest increase this year. >> andy, how do internet sales figure in all this? >> retail sails are growing three times as fast a rate as store brick and mortar shopping. so it's still on the rise, and internet sales can go on 24/7, which is why a lot of stores feel the pressure to keep their door

abercrombie & fitch, a & f is probably going to be down on this news.hat just as a trader on this. >> why? >> just as a trade. when you look at it. what happens when they get pulled out of the index they generally overreact to the downside. >> actually some statistic data backing that where they tend to outperform the s&p on average. >> so would you buy teradyne? >> i don't know teradyne well. i don't love capital equipment siegel is not yet come around in chips. i have no idea when that will materialize. not a bad idea to look for names that could be aggressively sold on an index. you'll be surprised. >> the chart of the day. forget the jobs report, forget the taper time line. all in the garbage. this is the only chart you need to see to forecast the economy. take a look at the yield spread between the ten-year yield and two-year yield and this is at a two-year high. we'll bring in the man who thinks this is the way to go when it comes to forecasting the economy after this break. stay tuned. my mantra? family first. but with less energy, moodiness, and

nicole: i'm looking at abercrombie and fitch. said it was time for mike jeffries to step down, maybe even a potential sale for the company. basically saying, listen, he has been there since the early '90s, he ha is actually in the way. his contract is up in february and they just renewed it for a year. the stock down 2.5%, so looks like shareholders are selling off at the moment. it has not had a good year this year. this new contrrct is contingent upon the company's performance, so that is something a little bit more simplistic and a little bit more based on the performance of the company. so that should be one thing to make the shareholders a little more happy. in the meantime he gets to stay on with abercrombie at least one more year. back to you. tracy: if he cleaned up the ads, mothers like me would bring their kids in. until then, we keep on walking by it. breaking news for you, it powerful lawmaker opposing cell phones on airplanes. rich edson has the details from inside the beltway. >> this is the fcc considering whether

stocks have had big moves, but there are stocks that have pullbacks that look ugly---abercrombie & fitch, whole foods. those are stocks that have had pullbacks that from a risk-reward standpoint might be at a level to buy and lean on some support levels. > >thank you for helping us out all year long, alan. it was also an impressive year for ipos. popular restaurants and hot spots debuted stock in the market. and in some cases shares more than doubled in the opening day of trade including:potbelly,the container store, and twitter.2013 goes down in the books among the busiest for initial public offerings since the year 2000.and now, the show gears up with chuck coppolla taking us to the streets for some tasty american ingenuity. from coast to coast street vendors popped up with food a- la-carte.you can count on a few things with food trucks.you'll never be asked, "is it for here or to go?" but getting started on the ground floor of this business does come at cost. dan salls says most people will need about 60-thousand dollars..for the truck, outfitting it for cooking and all of the permits

despite a shareholder protest-- abercrombie and fitch is re- newing the contract of its controversial ceo. the new agreement extended for 1 year-- ties compensation for ceo mike jeffries to the company's performance. last week, hedge fund firm engaged capital-- launched a campaign to have jeffries replaced due to "many years of mismanagement" sales have declined 7 months in a row. the stock closed down 2% yesterday eight major tech companies in the u.s. signed an open letter urging the government to make sweeping changes to its surveillance laws. writing that people won't use technology they can't trust, the letter urges the government to be more transparent and accountable about its practices. the letter was published on the website reformgovernmentsurveillance.com . senior executives including some ceos from companies such as aol, facebook, google , linkedin, microsoft, twitter and yahoo signed the letter. a new sympathy button is said to be in the works at facebook. for now facebook users have two choices on the website: a thumbs up if they like a post or thumbs down if they don't.

and, some abercrombie and fitch shareholders are making a pitch for the retailer to consider a ceo change as the store loses popularity. larry shover of sfg alternatives joins us now for a closer look at today's trading action. good morning to you larry. > >good morning. > >the market is now in a steep slide. how are traders reading that? > >differently than they were before. i think it was prerogative for traders to think that we're just gonna rally because every december we do that. but on the other hand, traders also are recognizing that we have had 8 consecutive weeks on the upside. so maybe just some healthy consolidation is in order here. > >how much of this has to do with the possibility of the fed tapering? we had that big jobs number everybody's focused on. what do you think is happening? > >i don't think a whole lot has to do with tapering. right now people understand that tapering isn't tightening. and the market has priced in the fact that we're going to taper. whether it's december, january, or march. i think it makes little difference to the equity markets. > >what about the

>> michael jeffries of abercrombie & fitch.dy, nobody who is more -- who is more deserving than he is. when we went back and looked, we look at a variety of metrics, abercrombie is the only nonmining, non-natural resource stock that's been in the bottom 25 stocks of the s&p 500 over the past one and three years. if you look at the performance, it's been horrible. you have a board that all they could basically do is extend his contract for a year because you know that he's long for the world. i don't think he will be in this job a year from now. i would be surprised if he's in this job. >> is it true that if he was replaced -- and i know there was shareholder activism to try to get him out of the company, but if the board did replace him at the end of his contract, he would get something like $100 million? is that true? >> well, what i can tell you is, i'm surprised when i look at his compensation what his compensation is, even with this very bad performance, if you go back to last year. i also want to point out somebody who is

abercrombie & fitch is falling out of favor with investors about dropping 30% since january.abercrombie & fitch at your best -- definitely laying the stock. >> i love distressed stocks in strong sectors. there got up 300% in the last five years, it is up 40% year- to-date. if you look at it, hasn't drunk to your support if you can put up a two-year chart. ares a risk free play, we at about 34 right now, and we also have bullish divergence, which means that the stock may be low, but the military -- the volatility will make new highs. >> walk us through this call. >> it gives you the right to belong from $20 which is below these multi-year lows, so that option is going to cost about $6.50, so it is six dollars and the money. it is worth six dollars of intrinsic value right now, if the sense of time value. it is going to act like this stock on the upside. it is a stock substitution strategy, so your raking about $.50 higher ready of nearly five months for good thing to happen -- good things to happen with absolutely zero risk. stock on the call -- the for profit? >> not at all.

us assistant secretary of state for tony noan has met with president janet fitch catherine ashton the eu foreign policy chief also held talks with the ukrainian leader. yanukovich has not ruled out increasing sometimes to the eu into germany's foreign minister the relationship needs to be a pokies of. isn't it about sewing with it and people are demonstrating on independence square steering wheel for you human rights. in the stands these are just some of these demonstrations. it's not to be honest it's one in unison new peace sign. demonstrators are demanding a panel. they want new elections. in addition to strong links to western europe. if you or that and we're definitely going to fight for that everything depends on the people and what they want to show containing it's not i'll go to sleep on it as a means to achieve change. take these storms. holland was already being conducted ahead of the possible election results indicate pitch to his neck and neck with incumbent president and a cosy the opposition succeed in forcing her to stop compete with the countertop would take place. so

let's take a look at abercrombie and fitch. the stock needs a new chief.at news yesterday, down 2% today. other retailers down, sears and ebay, both of them losing the big one. we will be back momentarily. we will bring you the story of microsoft and why it is another new high. commitment to america. bp supports nearly 250,000 jobs he. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've iested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. stuart: ladies and gentlemen, let's go to nicole because microsoft is at a new high-end nicole will tell me why. nicole: all the microsoft shareholders out there, probably some fund or whatever. of course selling the debt, you can see that on the banner, they continue to do well with the xbox one outpacing the sale of the playstation at least on black friday. i was reprimanded by my family. my husband and boys s you cannot compare the sales of xbox one and playstation on blac

to julie's point, abercrombie & fitch, aeropostale are losers. >> people are willing to spend if you give them a reason to spend on certain items. you look at the gap. winners are eight mar-- a m arket share dollar game. urban outfitters, you have the tail,pt in teen re anthropologie is selling at full price. there is an element of boredom. >> quality boredom? is no reason to go and buy something new because there is no makeshift. shift in what people are wearing. no colored jeans. >> teens feel most pressure. >> do you think the idea that there has been a shift -- not just because of what people are up against. even for those that found jobs and are doing better, do they expect to get a better bargain right now? it, theubt about consumer is more price aware. they have more ability to compare prices. affect 40% of purchases. this is huge. it is only 7% of the business but it affects 40% of decisions. >> because they are researching before -- >> researching before they buy. they are able to do it. >> i had not thought of it. people go online and compare prices. they say where can i ge

a bit harder we also have a lister abercrombie and fitch is michael us geoffrey's he bausch plus size customers a few years ago nestle's chairman peter brock back let math he's just hates everyone and talk about water not being human right wow wow chick fil a president and c.e.o. dan cathy made his anti-gay marriage feelings very well known now rachel begs the question if the words you say are bad for your business and you can't help yourself from saying them are you bad at business well that's the question because the question is whether someone is a jerk you could still be a really good business person we've talked a lot about people like lloyd blankfein who great the fact that they are kind of a jerk to other people actually makes people think that they're more legitimate business people it depends entirely on the industry and we talked about steve jobs someone who i think the best thing he did was brand himself screw the i pod the best thing he ever did was show himself as this titan of genius right and the fact that he was an seemed to show that he really knew what he was talking

. >> personal branding. .e have seen some examples , abercrombie & fitch. you go back to the dixie chicks. might things that we misinterpret sometimes are we say things that are inappropriate or sometimes we'd say things that we believe. the impact that those have on our personal brand and the impact that they have on business, i don't think we have ever seen the full extent of it. especially with social media. people are being turned down for scholarships because they are seen on facebook drinking. we have got to watch out for these kind of things. versatile branding will be very important for this upcoming year. this notion that in fact what might happen is kind of the opposite. once we can see everyone's works. everyone has the kickstand pitchers, we become more of first or have that kind of reaction. the business impact is that it doesn't have the same kind of impact because it would not be as rare. >> that could be but what we will be finding that a brand is a promise. i've said this consistently. if you are making comments on politics, or pat robertso

before we show you the names, jcpenney, newmont, abercrombie & fitch fitch, et cetera. are only five losers. there are only 35 other losers in the s&p 500 this year. 40 stocks with a red arrow for the year. one of the reasons you see peabody and newmont on there, coal and mining stocks took a hit this year. obviously gold down substantially. lori, back to you. lori: lauren, we'll see you soon. adam: rolling out 2014 by rolling a doobie. does anyone call it a buby? lori: shoe is on the left-hand side. adam: doing the marijuana story. introduced legalization of recreational marijuana use. mark is a marijuana consultant for the state of washington and ucla professor of public policy. he has details what the new legislation means. how much money it could bring in for the states. the entire nation is watching this. thank you for joining us. start real quick why this is in some way as experiment the entire nation is watching. does this open the door 10 years from now we have a discussion about marijuana the way we talk about adult beverages and alcohol? >> i think that is as

. >> abercrombie & fitch. >> stock. >> definitely. it's not done really well. exercise gear, you want to get ready and get in shape. dick's sporting goods. dick's sporting goods. >> they're huge out in l.a. i'm going to say stock. >> the stock has gone up over the last six months. it's not done quite as well as the overall market. a lot folks are saying the economy is getting better so maybe the stock will continue to get better. it is definitely stock. >> what's next? >> macy's. >> what do you think? >> i'm going with stock. >> you're going with stock and you're right, it's up over the last six months. good for you, you did well. >> it's 2-2. >> that's my second one. >> i don't think so. you were wrong on abercrombie. >> i was right on abercrombie. >> here's the next one. trip adviser. trying to figure out whether you want to go to this hotel this restaurant, this location. what do you think? stop and stuff. >> what do you mean, stuff the trip? >> you could buy a trip. >> i say book the trip. >> you say book the trip. well, you're not right, hoda. no, the stoc

of navy admiral aubrey fitch, employment of these men has resulted in accurate transmission of messagesrequired hours. from the start, the service rendered by these men has received favorable comment, i praise him navy language. these men contribute it not only in battle, the fundamentally to military intelligence committees work in cryptology, and dollar museum highlights the code talkers -- our museum highlights the code talkers as pioneers of their specialty. here, once again, we learned that one of the greatest strengths of our nation is diversity, and your u.s. military, in particular, has always found great strength in this diversity. you may wonder why this is so. when the chips are down and the bullets are flying, and the only way out is to win, it does not take long to recognize on the one hand that one's heritage is not matter much anymore, and at the same time if you can bring something special to the fight through your own diversity, well, so much the better. your military has always lied our way out of the cultural challenges that sometimes accompany -- led our way out of t

. >> we have seen many examples of this -- pat robertson on doug dynasty, abercrombie & fitch -- go all back to the dixie chicks where we say things that we might get misinterpreted sometimes were that are inappropriate or sometimes we say things we believe in the impact that does have on our personal brand and the impact they have on business. i don't think we'll ever see the full extent, especially with social media. people being turned down for scholarships because they are seen on facebook drinking. we have to watch out for these kinds of things. your personal branding will be very poor to for this upcoming year. -- will be very important for this upcoming year. kind ofmight happen is the opposite, once we can see everyone's warts, which everyone has the cake stand pictures, we become more entered to that and don't have that kind of reaction. the business impact of the technological sharing doesn't have the same impact as it would because it would guess where? could be, but i think what we will be finding is a brand is a promise. i've said this consistently on this show and other bl

dagen: abercrombie and fitch not doing well. and over 21 -- dagen: >> they want to save money with their parents can feel they are contributing household. dagen: agent them much more fashionable. and remaking them. connell: thank you, good to see you. dagen: you need to look to shop at 8 and am and make of the clothes do. connell: thank you. dagen: she always -- connell: we know. dagen: develops what she says on her clothing. dagen: nothing but and admire..o connell: the pope turning to wall street to string out the vatican accounting problems. markets now, keep it where it is. dagen: a big change made, you cannot highlight this is enough, to obamacare. there is a delay in part of the individual mandate that you have to buy insurance. does this open the door to a bigger changes? connell: wayne rogers as a matter of fact and the new technology infinity is bringing to market. they changed the way you drive your car, that is coming up as well. connell: oracle boosting its marketing business. nicole petallides back from the stock ex