the road forin yahoo! as the company plans to spin off its ali baba holdings. have the internal revenue service could stand in its way. ♪ olivia: walking back to the bloomberg market day. i'm olivia sterns. pimm: i'm pimm fox. olivia: a look at what is happening in the markets now. .ulie: staples a bunch of retailers with earnings recently and staples reported this morning. the company says second quarter earnings will be $.11 to $.15. it says second-quarter sales will be down versus a year earlier. shares are off by 1.4%. american eagle outfitters. doingtailers have been dismally over the past several years. american eagle beat estimates and said second quarter comparable sales will be in the high single digits. those chairs are giving a boost of 5.7%. tumbling.s are they touched below the ipo price of $16. etsy intraday is $16 where the shares came public. 22%es are up by more than after it came out with its first earnings report as a public company and said it lost widened. olivia: thank you so much. top stories crossing the bloomberg terminal. senator eliza