he called it 30 year than -- it dirtier than herbalife.e spoke with our own julie hyman in an exclusive interview. andrew: a provider of e-commerce solutions to small-and -- small- and medium-size businesses. has 500,000 it businesses. merchants probably really enjoying the platform, to give them credit. let's say another 25,000 are shopify advance. who are the other 470,000 shopify users? that is what has never been discussed on wall street forehand. as i show and i proved, these are people who have bought into become a millionaire at home, get rich quick, and promises that completely violate every ftc rule imaginable. it's all in the report. the correlations and the parallels to herbalife. it's amazing that this has gone on. julie: when you talk about these ftc rules they are violating, what specifically -- because you allege illegality in your report, what law is the company breaking with its actresses, allegedly -- its practices, allegedly? andrew: the business opportunities act. they are not providing websites to stores. they are tell

with herbalife, they had distributors who were making bold claims.ith shopify, on the shopify website itself, are you ready to be a millionaire, how many millionaires were created today, a sample resignation letter to give to your boss once you make enough money on shopify to quit. just amazing that this would be an $11 billion company. these are all ftc-based violations. lastly, shopify is able to support this business through what they call their partner program. these partners are bloggers, influencers, and they are compensated by shopify. it's not disclosed anywhere. that also is a major ftc violation. so, it's not just one, it's many. julie: let's take that last point first, because i spoke to an analyst today who likened that practice to a practice of a lot of sort of online retail companies or companies that are trying to sell a product and have various spokespeople or celebrities who are posting on instagram and what have you, who don't necessarily disclose their financial relationships. how is this different from something like that? andrew:

with herbalife, they have distributors that were making bold claims.he shopify, on the shopify website itself, are you ready to be a millionaire? how many millionaires were created today? a sample resignation letter to get your boss once you make enough money on shopify to quit. amazing that this would be $11 billion company. those are all ftc violations. lastly, shopify is able to support this business through what they call their partner program. these partners are bloggers, influencers, and they are also compensated by shopify. it's not disclosed anywhere. that also is a major ftc violation. it's not just one, it's many. julie: let's take the last point first. i spoke to an analyst who likened to that practice to the practice of a lot of online retail companies or companies who are trying to sell a product and have various spokespeople who are celebrities or posting on instagram and what have you, and don't necessarily disclose their financial relationship. how is this different from something like that? left: you have to. the ftc has very clear rul

shopifyerbalife come a itself -- herbalife was very careful to have their promoters do this for themt a line , whereas he alleges shopify itself makes some of these claims on its own facebook page. he says that is really the making here, they are promises they cannot deliver on and the customers are not "real." we reached out to shopify for comment and have not yet heard back from the company. vonnie: we will bring you any comments as soon as they come. we do have and your list from citroen -- andrew list from citroen to discuss his stance on shopify as the stock tumbles. that's that at 12:00 p.m. eastern, 5:00 p.m. london time. mark: tesco showing signs of slower growth in the latest quarter due to the effects of brexit. the hard line on prices conflicted with an inflationary squeeze from the weak pound. the company restored its dividend for the first time in three years. officials remain confident they can meet a 3.5% to 4% marketing target by 2025. i sat down with alan stewart. in the u.k.e seen and number of different competitive forces over the last years. at tesco, they're very

reflected to become much more of a stock picker's matter al taba, that's the alibaba spin-off, and herbalifeone stock where big ackman has been off of the -- that one is down about 25% over the last 12 months act visit really underformed the strategies and it's up 3.1% for the year, but still underperforming. >> too me there's no question that it's going to be passive. a miracle run for the s&p, because the conditions are right. >> leslie, thank you. >>> up next, your final trades we have a question about your brokerage fees. fees? what did you have in mind? i don't know. $4.95 per trade? uhhh and i was wondering if your brokerage offers some sort of guarantee? guarantee? where we can get our fees and commissions back if we're not happy. so can you offer me what schwab is offering? what's with all the questions? ask your broker if they're offering $4.95 online equity trades and a satisfaction guarantee. if you don't like their answer, ask again at schwab. ♪ can i kick it? ♪ yes you can ♪ can i kick it? ♪ yes you can ♪ can i kick it? ♪ yes you can ♪ well i'm gone and her new mobile wedding bu

. >>> shares of herbalife are higher carl icahn has increased his stake in the company to about 26% upm 24.5% in february. >>> juniper networks is cutting third quarter profit and revenue outlook. the networking company citing lore than expected revenue from the cloud business. >>> and shares of j. jill look at this one. down nearly 40% this morning the women's clothing retailer recent ipo cutting third quarter outlook, seeing same-store sales falling p% 3% to 5% previous estimates had sales rising in the single digits. the company blaming product and marketing calendar issues for the guidance j. jill's market cap below 500 million. >>> still to come, the must-reads first let's check in on where europe is trading coming off the back of strong industrial production data. up nearly 4% expectation was 2.6, and we got 3.8. we're seeing slight gains for germany, uk, but frae ncis down. you won't see these folks they have businesses to run. they have passions to pursue. how do they avoid trips to the post office? stamps.com mail letters, ship packages, all the services of the post office rig

one of them and basically i was -- after i made my speech, someone asked me if i was involved in herbalife and did i have an opinion and i knew bill was in the audience. i'm not involved but i do have an opinion number one, i want to make it very clear that bill is bright and capable and generous and a good human being but anyone who gets up in front of 500 people to tell him he's short 20% of the market cap of a company is allowing his arrogance to get in front of his intellect and that's what i said four or five years ago and icahn and george soros went after him and he was very wrong bob wilson, a famous short seller, deceased now, said no one ever got rich publicizing their shorts, and similarly he could have approached the company in a quiet manner, the company would have listened fanned there was merit to his suggestions believe me of they would implement it the. >> maybe there's an opportunity for the three of us to set down and have this conversation on television and figure out what happened from here. >> i know what happened. bill called me before all this was public i'm not invo

this will be before they are caught red-handed by the ftc they are like herbalife. >> shopify >> you, you should read the video link he's got there n there. it's amazing about someone who is a spokesperson -- well, one of the people operating shopify, he's saying this is mid-level markets, small medium size business, i'm not using the word scam but he is saying listen, this is going to be a tu road if you own this the stock is up gigantically we said it was too expensive on "mad money," we didn't know what he was saying. >> in general you're a fan of his work >> i just like to bring both sides. i didn't like his way fair call, i said yes and no, i thought his call on value yabt was one of the single grease test calls ofy lifeti lifetime you don't want to own shopify anyway his call on another company that i don't want to talk about which is a company that may not be playing by the rules when it comes -- ubiquity. i'm not going to mention. >> there's other good work done in ubiquity but the company won't -- >> got it. >> i tried to reach out to the company. >> just go to @citronresear

next to it was herbalife. both of them were my tenants. there was another -- next to it there was a -- a sports guy. tran01 where do you go from here? be back just i am waiting until the fire goes down and then i will go home. tran01 have you heard anything about the house? we have heard that the fountain grove area -- >> not yet. when i was leaving the house, i saw that some houses were burned out already and i did not go back to the house. tran01 good luck. we are sorry that this is happening. >> thank you so much. tran01 thank you for your time. we did just speak with the lieutenant jonathan cosby, one of the fire spokespeople and what he told us so far is that this is nowhere near contained. actually, if you would not mind the battalion chief coming over and giving us an update. what are we looking at in terms of the action that is going on? >> you are looking at the commercial structure that was ignited through the north part of santa rosa. the firefighters have taken -- they are trying to hold the roadway. this is the tactic that the