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kohl's under pressure.y both posted a beat on the top of the bottom lines, you've owned both names >> i have. i sold tj and added to. >> collis: kohl's, it was up a little bit today i get why kohl's was initially down, it's up 20% from last quarter alone. this is the fourth straight year of comps i still like tj. like an estee story. at 21 times forward, i think a loft good news is in there >> hp intersurprise falling tod today. >> they cut today, their target. last week around this time, it was 15.75. it ran into the 16s on the news about doing a deal with baba yesterday. gives all of that up today falls wii about 70, 75 cents >> they raised their full year guidance are you a believer, joe? >> i am. i'll try to do this quickly as we get close to your 73 number in the s&p 4e9 care is the leading sector we don't spend enough time on health care. they clearly delivered this quarter. diabetes, insulin revenue. far above the consensus. i like medical devices my way to play it is pki >> somebody needs invent a f

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plus - get kohl's cash! save 25% on our biggest active brands! right now - only at kohl's.nday morning to you. it is 6:26, here a live look outside. clear over downtown san jose. i believe, if i'm seeing correctly. sometimes i can't trust the monitor or my own eyes. thank you for joining us. i'm kira klapper. meteorologist rob mayeda is in with a look at our micro climate forecast. yesterday was hazy. >> we had smoke in the atmosphere. we had winds clear some of it out. but we did have -- >> fog. >> fog is back this morning. san francisco right now 54 degrees. for the coast and inner bay plan on cooling today. san jose, a mild start, 63. yesterday we saw upper 60s for the morning. temperatures trending lower. 50s and '60 right now. in the afternoon temps climbing into the mid to upper 80s around san jose. further inland still 90s in reach. and bottom line though is that today will likely be the coolest day of the next seven days u. see san francisco is not warming up a whole lot. look at the valleys mid week. it's going to be a tough stlech. we will see air quality and heat

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plus, get kohl's cash! saturday - at kohl's!e's a look at >>> here's a look at today's forecast in some cities around the country. >> don't do it. come here. come on. >> ft. worth police released dramatic video of officers trying to talk a woman from jumping off of a 150 foot highway overpass. the woman in her mid 20s suffers from depression. after a tense 80 seconds the officers brought her down to safety. she was taken to a hospital and is said to be recovering. the national suicide prevention hotline is open 24 hours for anyone that needs help. >> on the cbs money watch now the world central bankers need to weigh in on the threats to the global economy and attention shoppers, the nations biggest grocery store chain phasing out. wendy gillette is at the new york stock exchange and more with that. >> good morning, today fed chairman jerome powell speaks to a gathering of central bankers around the world at a meeting in jackson hole wyoming. investors will be listening to what he says about the threat president trump's tariffs p

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nordstrom, kohl's, and macy all delivered at her than expected.ne: talk a bit about tjx again. it hasn't posted a drop in same-store sales going back to 2009. i want to know what this branch, what its brands are doing so well to continue that growth streak. >> it is not just tjx come burlington, ross, what is appealing is the treasure hunt concept. consumers love going to the stores and finding that deal, something exciting and something new. that is really what has been fueling the growth across all of those prices, including tjx. we think that will continue to be a trend for the future and the long-term. >> trade is bound to affect retailers to come up with a source their materials, they are discounters to. >> they are discounters but it is different because they buy inventory. there will always be excess inventory, especially today when online is growing and the returns there have trouble finding a new home. >> does online, can any of the kohl's and what with their strategy online? >> online continues to be a strength for retailers, penetration

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i waha to note you also ike kohl's and you also like walmar >> yeah, we're excited about kohl's because they have a nice active assortment. what's happening in the consumer is a focus on health and wellness, the casualization of america, and thinking about clothes that outfit that lifestyle. kohl's is doing very well. they ao have al an industry-leading loyalty program. we think loyalty programs and using data is the future of retail. and they're shrinking their stores, such that they're contributing floor space to other people. that's a nice story for kohl's in terms of what we see for the back half. >> oliver, nice to talk to you, as always. thanks so much for joining us. >> thank you foraving me. >> oliver chen with keown and company. >>> it's time to take a look at some of toda as upgrad downgrades. applied materials was cut to neutral from buy at bank of america, merrill lynch. the analyst cites concerns over chip-making equipment growth. $49.price target is the stock fell a fraction to $43.40. fellowship chip makers xilinx was upgraded from outperform to neutral. the analyst tesre

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>> yes we have an interview tomorrow with brian cornell kohls have been sourced to china.ou can pull out we know from many -- manny tirico talked about the ability to shift relatively quickly from where you're getting materials you're right relatively quickly means there's a period where you're going to pay more and will the consumer feel it? david, the consumer are going to feel it, why are the numbers going up buyers are saying don't worry. yesterday there were furious buyers in the drug stocks. people say you should worry. but the group is underweighted the cross currents of the ancient bull market, it morphs into something new every day and we can sit here and we can say china is the big concern, but there's many investors who don't seem to care. >> no. you're right and you have at least been somewhat outspoken in your belief we should continue to take into china and try to actually extract real confessions. >> my view since 2001 when i disagreed with larry kudlow. >> i wonder and i think i'm not alone from many people who allocate assets for a living there's a risk we

kohl's raising its full-year outlook.ed its full-year outlook by 5 cents on both the low end and the high end. it beat by 12 cents, so i guess that has people kind of wondering what happened. and take a look at that chart, it has been a very strong year for the stock. shares are under a little pressure this morning, down by about 2% that stock has doubled over the last 12 months, and is now up more than 40% for the year >>> we're also expecting earnings a little bit later from another retailer, tjx, the parent of marshall's and t.j. maxx the company is expected to post profit of $1.09 a share on revenue of about $9 billion with comparable store sales rising by 2.2% right now ahead of those numbers, that stock up by 1.25%. >>> and 22 states and the district of columbia have asked an appeals court to reinstate net neutrality rules the fcc voted in december to reverse those rules and allow internet service providers to charge for faster internet transmission the new rules took effect in early june >>> despite a slowing econo

kohl's is a sharp contrast.estimates but the stock is falling in premarket trading. perhaps expectations were running even higher. david: a quick review suggests they were up across the board. julie: tjx. david: they also took their full-year forecast up, second-quarter net sales beat highest estimates. they got every single one of them green. right now, premarket, almost 5%. we areese reports, coming to the end of the retail reports in terms of earnings. it has been a mixed bag. walmart and nordstrom doing well. jcpenney doing poorly. a range in between. , former ceo of saks. good to have you. steve: good morning. david: i will put up a chart that shows retail sales. it has been bumping around, the growth level. it is around the same level for some time. give us your sense of where they are? steve: the consumer is in great shape. retail sales, first half of the year, north of 5%. that would come out of the mastercard numbers. you are seeing a consumer that is seeing best results since 2012. it is a healthy cons

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plus, get kohl's cash! get ready for back-to-school... at kohl's.u. it is 6:26. a live look outside. a little bit of fog but not the worst we have ever seen. we have a look at our forecast. >> we have a marine layer. it will help keep the coastline cool again. it will be similar to the coastline as it was yesterday. as far as inland temperatures go right now we are in the 60s. it is upper 60s for livermore. the temperatures, no major changes in terms of the 24 hour temperature change. if you check out temperatures like sunnyvale. as we head into the afternoon for today we will notice it will be slightly cooler. yesterday san jose topped out at 89 degrees. today expecting low to mid-80s. we'll see 90s further inland. expect to see hot temperatures. we'll see a slight cooling. we are also tracking tropical moisture. i'll have more coming up at 7:00 a. >> okay. thanks. >>> now to a pilot not familiar with the bay area, landing a plane on a major highway. >> we have an engine issue here. the pilot headed for the airport said the plane was losing altitud

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