michael kors originally would not settle then settled without admitting wrongdoing. >> at michael kors it no longer says msrp with a strike through that. they have a much clearer model that is an outlet. >> reporter: michael kors has agreed to replace the msrp with the word "value." >> knowledge is the greatest weapon. the more consumers have this knowledge the better they can equip themselves to shop in a responsible way. >> reporter: erika gonzalez, news4. >>> facebook wants to help ease the burn of a breakup. new tools rolled out today on the facebook mobile app helping you to see less of your ex-s. now, when you change your facebook status to single, facebook will ask if you want to take a break from seeing his or her pictures and posts it's an alternative to blocking them or unfollowing them. the other person will never know. you can also choose to limit what your ex-sees on your facebook page so you don't look too happy or too miserable. >> modern love is complicated, isn't it? >> why didn't they have that for us? they didn't even have facebook. >> good. >> very good point. >> wh

>> i think the difference between kate and kors, it's off a smaller base.more extensive product offering. it doesn't have as much exposure to the department stores as what both coach and kors have, and their comps are running positive because it is such a smaller base. i'm anxious to see kate's results tomorrow. >> i have a quick one for you. how about something like nordstrom's. i look at the name. you have an $80 target on it, but you also have a hold on it. is there a noint time use do you wait until you hear for the earnings in terms of any kind of a shift on whether or not it's a buy at this point? >>. >> when the este lauder reported its earnings, and obviously the talk was about the department stores doing well, who is the prestige department store? that's nordstrom's. it's been the vanitieser in the move towards mill enwrals and omni channel. >> as far as the gross margins shrinking going under 61 and going down to almost 58.7 or something like that, that and guidance were the two reasons that i kind of backed off because the guidance seemed like it

japan that he does not lose out in china and south kor and promote the agenda's. it's the information on japan and then we will analyze the political situations. p japanese officials are going from rivals from around the world and they're promoting the bullet trained technology for the job. trans per minister made a visit and he visited with the chairman and that ley say that the line d connect the cities in about 90 minutes. japanese officials are talking about the safety of the rail technology and saying that there are prepared to offer a financial report. they're competing with with bidders, south carolina and january pa.

i would, and i would imagine you would go into a macy's, you go into a kors store or the kors online. >> well i wouldn't go to the online site because i'm a tactile person. i need to feel the bag. with that said, i would go to the kors store in the mall. the department stores are suffering. pete makes a good point about nordstrom. the last quarter was excellent. we'll find out tomorrow. i thought it was priced into macy's. dead wrong today. but inventory is up 4.6% year-over-year over sales growth negative 6%. margins decreasing. operating margins below 5% now. that is a wicked brew right now in macy's. the only good thing is they traded at eight times normal volume today. >> so guy mentioned inventory which is basically supply. and this whole thing reminds me very much of what happened in the oil market. you had a structural change. and the structural change that you're having is people are not going to department stores any more. they are buying online. inventories are building up. at the same time, you are seeing some demand declining there. so you have a really bad situation for

. >> reporter: he is a class action lawyer who filed lawsuits against major retailers, michael kors, kenneth cole, nordstrom rack, columbia, guess, levi's and joseph a. bank with deceptive savings on price tags. >> it's a total fabrication. >> the price tags look like this,a i compare at or manufacturers suggested retail price followed by a substantial savings and since it was never sold at the retail store and made specifically for the outlet they are getting a better deal than they are. >> people get excited about the discounts that they get and these manufacturers and these retailers understand that very well and so the bigger discount you think you're getting the more likely you are to buy thingses. >> in court documents the retailers have denied allegations against them so we reached out. most said they will not talk us to about pending litigation. nordstrom did tell us the allegations have no merit. the retailer admits in court documents it manufacturers products to be sold only at nordstrom rack, but told news 4 it's items offered for sale at nordstrom rack with compare at pri

the lawsuit accuses kors, nordstrom rack, columbia, guess, levis and joseph a. bank of fraud, displaying deceptive pricing. >> they made up this compare at price. >> reporter: the price tags look like this. a compare at or manufacturer's suggested retail price followed bay substantial savings, but since the item may have never sold at a retail store and made specifically to be sold at the outlet, consumers think they're getting a better deal than they are. >> people get excited about the discounts they get. these manufacturers and these retailers understand that well. so the bigger the discount you think you're getting, the more likely you are to buy things. >> reporter: in court documents retailers have denied the allegations against them. so we reached out. most said they would not talk about pending litigation. nordstrom tells us the allegations have no merit. the retailer admits that it manufacturers products doing sold only at nordstrom rack, but told new 4 that items offered for sale at nordstrom rack with compare prices are not lesser quality versions of

it is an outlet -- >> as part of the agreement michael kors has agreed to replace the.am srp with the words value. >> knowledge is the greatest weapon. the more consumers have this knowledge the better they can equip themselves to really shop in a responsible way? er erika gonzalez, news 4. >>> let's look live outside right now, union station in the background there, in the foreground the american flag waving in the wind. it is a chilly start to this morning, really kind of a winter blast, tom kierein timing out your forecast coming up at 9:00. >> that's right. and we are also going to take a closer look at what investigators got wrong about a woman suspected in a suicide bombing related to the paris attacks. >>> is the cost of college already through the roof for one school in our area making it i a little price yer, >>> at 9:00 we're following some of this morning's top stories for you.

michael kors initially denied the allegations. it later settled, agreeing to pay $5 million but without admitting any wrongdoing. >> in our settlement with michael kors, it no longer says msrp with a line through it. they've eliminated that and we believe they've moved to a much more clear model so that it is an outlet r they've agreed to replace the word mfrp with the word "value." >> knowledge is a great weapon. the more the consumer has the knowledge the more they can shop in a responsible way. >>> meanwhile black friday is the kickoff of the holiday shopping season and this year there will be more security. the sheriff's office says they'll be out in full force in the walmart parking lot. you'll also see an increased presence on roadways and neighboring communities. >>> a police car crashed during a chase. this in fairfax county. we're going to head to >>> right now we're following a police chase in northern virginia. it started in spring sfooeld, continueded on 395 and ended in alexandria a little while ago where the suspect

you'll look fabulous. >> i want michael kors. i want ralph lauren. >> well, you're going to come see me for michael kors. >> this is you! >> thank you so much. [applause] >> thank you so much. >> thank you. >> thank you. >> at least put on the tie. >> take this away. [laughter] oh, thank you. all right. >> the tie. dyla if you struggle with type 2 diabetes, you're certainly not alone. fortunately, many have found a different kind of medicine that lowers blood sugar. rimagine what it would be like to love your numbers. . it's the #1 prescribed in the newest class p of medicines that work with the kidneys to lower a1c. rinvokana is used along with diet and exercise tto significantly lower blood sugar t in adults with type 2 diabetes. p it's a once-daily pill that works around the clock. here's how: p the kidneys allow sugar to be absorbed back into the body. p invokana reduces the amount of sugar allowed back in rand sends some sugar out t through the process of urination. r and while it's not for weight loss, it may help you lose

let's talk about kors. you mentioned kors.ll you what is good, they beat on the top and bottom line. guidance was cut but not cut as much as people expected. the good news is that the concern that the handbag business is in a complete freefall did not happen in this report. and the guidance was not cut as much as expected. i'm not trying to guild the lily. you know, you guys are right, it's down 40% on the year. so, it is certainly a disastrous year this could have been worse and it wasn't. good news. remember all that volatility in august? remember when the vix went to 50 on china fears and we all blew up? you know who did well on that? virtu. reported excellent numbers. much better than anticipated. they noted that the u.s. trading division, a big marketmaker, high frequency trader, did much better than expected. when the vix blows up, people who are active traders, volatility helps out those kinds of active traders. that was born out in a good virtu report. a winner in the ipo business, they went public at 19 on april 15th,

the average sector 17, and kors 10. the average ebidta, 8.2, kors under 6. it is ridiculous.s it. >> grasso. >> i hate buying stocks that are cheap because i think they are cheap for a reason. but if i have to go with one, i'll go with apple. it trades at 12 times. it depends on who you compare it to. but no matter who you compare it to, it is always cheaper than peers. i would say apple. but it is a consensus thing but you never know. >>> weight loss drug companies are dropping serious weight ahead of thanksgiving, are patients throwing in the towel or losing weight or is something else at play. it is time for much-needed stock therapy. meg, terrell, it is good to see you. what is going on. >> we were thinking of thanksgiving stock therapies but we are all eating tomorrow so why not look at weight loss stocks. these are companies that the stocks are smaller than we normally might talk about because they have fallen in the last year. oebs is a big problem in the united states. the cdc said 35% of americans are obese and it links to heart disease and diabetes and a huge cost t

they say that it's important in japan that he does not lose out in china and south kor and promote the agenda's. it's the information on japan and then we will analyze the political situations. p japanese officials are going from rivals from around the world and they're promoting the bullet trained technology for the job. trans per minister made a visit and he visited with the chairman and that ley say that the line d connect the cities in about 90 minutes. japanese officials are talking about the safety of the rail technology and saying that there are prepared to offer a financial report. they're competing with with bidders, south carolina and january pa. >>> here is a look at the other business stories that we're following. >>> they say that personal spending remained weak. >> executives at the firm are expecting solid earnings for the business year. in march they have kept the foefr cast about $2.7 billion. that's it for business news. i will leave you with the markets. >>> the nuclear regulation authority concluded in the assessment that the number two of the preif he can chur stan

. >> kors. today it was -- it was trading like it was the end of kors. absolutely not.s of their death greatliage rated. think it is better today. >> wait a second. hold on. >> ohhhh. >> a little birthday. mel's birthday. >> happy birthday to you. happy birthday to you. cha cha cha happy birthday dear melissa lee, happy birthday to you. >> guys are so great. thank you. thank you. that is why you had to leave. that was a ruse. final wish, pete. >> to a good friend of mine fred mcneal who passed away. but go with gilead for the final trade. >> happy birthday, mel. after a move from 130 to 200, i'm taking profits in this blue chip chinese adr. >> and ourbob. i'm melissa lee. thanks for watching. "mad money's" up next! >> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. >> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you a little money. my job is not just

shopping season broadway plaza in walnut creek unvailed new renovations a fully renovated macy's, michael kors and j. crew are open now going on for two years and by next year there will be 315,000 square feet of extra space including 40 new stores and a new garage. >>> trying to track down a convicted sex offender who was just released from prison. why officials say they are having such a hard time figuring out where he is going to live. and rosemary will be here with what you can expect for your weekend forecast. ♪ [ music ] >>> he just got out of jail but now a convicted sex offender has been evicted and back on the streets sleeping in his car. fox 2 news deborah has his story. >> this is 51-year-old frazier smith in a photo taken wednesday when he came to the police department to register. >> i consider him a threat. anybody they call a violent sexual predator is not a title given lightly. >> the designation sexual violent predator too dangerous to release and confined to a state hospital which now he says he's ready. >> if he's not someone will be hurt right? not good. >> smith's path to

i think the opposition party can change their stance towards the kor korea/china fta. >>> on japan's supplementary story, nearly $5 trillion. we said $5 billion. we apologize for that error. that's it for business news. i'm going to leave you with the markets. >>> french and russianed from francois holland and vladimir putin have met in moscow and discussed two issues deepening cooperation in the fight against islamic militants and tension after turkey shot down a russian war plane this week. it was part of the hollande's worldwide push to bolster the fight against islamic state group in the wake of the terrorist attacks. >> translator: we must create a grand coalition to combat television. >> the leaders announced they will help to improve the effectiveness of air strikes and agreed to limit them to islamic state militants. some believe russia was bombing anti-government rebels not allied with the extremists. >> translator: what we agreed and this is important, is to strike only terrorists and the islamic state militants and not to strike forces that are fighting terrorism. >> but t

i went into the gap right away, maybe i waited go months on line, i went into michael kors, same thing, they had 40% off, an extra 20% off. we're not expecting -- they were expecting, black friday you hear of crowds, people pushing each other, that's not what we saw here. it was crowds at one point, we saw them at midnight until about 4:00, then it slowed down, now it's picking up again. it's really nice out, so we are seeing a lot more bags than we did earlier this morning. we spoke to one man who was standing online at burberry, that had a huge line. he was there for one hour waiting to get in. hear what he has to say. in. >> yes. >> how long have you been standing on line? >> it's been an hour, i think. >> an hour. >> yeah. >> and it's cold. >> yes, it is cold. >> so what are you trying to get in there? >> i mean, i'm trying to get the best deals for myself, so we'll see. waiting? >> so overall it wasn't crazy. nice and calm. i guess because people were going out yesterday morning, yesterday night, through the night. so to come out today and shop, i mean, i think it's the perfect da

your smart phone is also a valuable tool kor retailers. they yoon to the learn more about what products you like. figuring out which search terms, ads or videos are driving you to get into their stores. >> next, kids and karate. we'll explain how martial arts is helping children take on life's battles. this is more than just a town. this is our home. and small business saturday... is more than just a day. it's our day... to shop small at the places we love... with the people we love. for stuff we can't get anywhere else. and food that tastes like home. because the money we spend here... can help keep our town growing. tomorrow is small business saturday, let's all shop small. for the neighborhood, the town, the home we love. shop small tomorrow. >> helping kids learn by teaching self defense, a lot of children take martial arts classes. in allentown there is a different class, one in which the challenge is met with a special kind of determination. matt delucia gives us a look. >> how are you? ready? >> reporter: in a classroom in allentown

a month on we catch up with kor korean families divided by war > >>> british p.m. is in discussing with francois hollande who is trying to gather international support for military response after paris attacks. here is what the british p.m. had to say >> today we've agreed to step up our efforts even further and to work with more chosely with our european neighbours. there is required a pan european effort, a stronger e.u. border to protect our border more effectively with screening, security checks and greater sharing of data amongst member states >>> our correspondent andrew simmons for us now in paris. it was a strong display of unity between the two countries. >> reporter: yes, and a very touching moment before the breakfast meeting between the two leaders when necessity went to the bataclan theatre-- when they went to the bataclan theatre, the dismall scene of the attack last friday when hostages were held and there was a blood bath with 90 deaths. they laid a single rose in homage to the victims before they started talking. they were talking war. they can't d

. >>> a big beat for michael kors is where we begin tonight's "market focus." the handbag maker trumped estimates as new products helped the company's bottom line. same-store sales did fall, but that was mostly due to the impact of a stronger dollar. shares moved up more than 8% to $42.58, making the company the second best performer in the s&p 500 index. >>> 21st century fox reported a decline in revenue, hurt by th timing of movie releases and disappointing results from the movie "the fantastic four." the dollar also weighed on international revenue. shares tumbled 5% to $29.65. >>> time warner posted a beat on both the top and bottom lines, helped by its warner brothers and its hbo units, but that was overshadowed by a warning. the company saying ratings for its key domestic entertainment networks have dropped more than expected. shares tumbled more than 6% to $72.19. >>> qualcomm reporting late earnings that beat on both the top and bottom line. still, the maker of mobile phone chips saw profits fall nearly 50% from last year on weaker sales. shares were lo

all of this could be very well stage managed and incredibly well kor choreographed. and in recent years, india has somewhat overlooked the british trade. favoring other countries like france, and now there's the chance for the uk government to make up for lost time. david cameron has been over here three times in the last years, and now there's the term, he's coming to the uk to cement what's behind closed doors. >> and obviously, the stadium is filled with modi's supporters, but he's not without his detractors as well. >> yes, he has faced quite a large group of protesters, gathering in the places where he has been speaking or appearing. the largest demonstration was on thursday at downing street, where thousands of people gathered to protest his arrival and what they feel are human rights abuses. a hindu as a national politician, and some minority groups in india feel that he's not representing their needs and offering them the independence and the security that they need within india and the state. and he's accused of -- back in 2002, who he was the minister of th

michael kors the best-performing stock in the s&p 500 today.n new retail locations outside of the unite states. they opened new retail locations outside of the united states. the company over saturated the market with its merchandise. the shares today recovering, up 7%. same-store sales that ball in the quarter by a smaller margin than it had been estimated. avon products falling sharply today. down 20% now. the company posted in an expected third-quarter loss. -- unexpected third-quarter loss. avon has been struggling for several years. three years of losses and the ceo has been trying to snap that string successfully. dsw, the discount shoe retailer cutting is forecast, down almost 10%. it named a new ceo. there's concerns about the company's performance here. we've had other shoemakers are sluggish numbers this report we've hadumbers -- other shoemakers report sluggish numbers. about beingtalking cautious on these two companies theseesult of these -- shoe companies as a result of this dsw news. skechers is in good shape. marco rubio is pushi

. >> the kor doesn't look like a complete portion of your face.how hulk transforms you look like the little of (growling) >> i look like mid hulk. it's not a pleasant look, isn't it? >> what about the inside of the book? >> you like it? >> tfsz very interesting. it was a lot -- it was really unconventional for a chiengd. it was challenging for someone my age. it was deeper in politics than just a presidential candidate b debate for who is getting elected. >> tuz it make you want to write a book? >> looks like a lot of pages. >> how about a booklet? >> i don't know what that is? >> a brochure. >> too many pages. >> joelle you are a fan of the man bun aren't you? >> okay. so i guess you could say i am a fan of making fun of the people who have man buns. what did you feel about the chapter i gave you? >> i like how you gave information for the debate tors about how to refute the opponent's point while agreeing with them and destroying them. >> exactly. you sneak up on them. >> would you say my book is better than bill o'reilly's book? >> yes. >> than

michael kors, j. crew, which i just figured out how to pronounce earlier this year.macy's, several people are waiting in line and that these people, they will be getting a $10 gift card and one lucky person will be getting a $500 gift card to go shopping and we'll see who wins that later on. >> all right. it will be a lot. just so you know. >>> spectre is theth film in the series, doing very well. i spoke to daniel craig once again about becoming the super spy. >> what were you doing there? >> i was taking some holiday. >> you have tremendous energy, the job that i love doing, but that i get to work with incredible people. >> magnificent. just beautiful. i saw them when they were driving that wonderful car. do you get to drive that car? also perform some of your own stunts in this movie? >> yes, i do. and that someone could do it better than me, then they get to do it, but i try to do it as much as i can, it's unusual for me. >> what is next for you? >> the best word to describe it is if i was running a marathon and they came up to me, asking me what i wanted to do,

kor korea. >> the medium sized metal chop stick that you find here is the perfect compromise. some find them a little bit slippery. back in the hall it's the final of the team event. after the days practicing, victory is sweet. >> i'm so happy by body could fly away. we put in the work and practiced hard. and the prize money of nearly $1,000 they can afford to eat well as well as skillfully. >> that's it for the news hour. got more news in just a couple of minutes. bye for now. >> i've been asked to keep my voice down cause we are so close to the isil position >> who is in charge, and are they going to be held to accout? >> but know we're following the research team into the fire >> they're learning how to practice democracy... >> ...just seen tear gas being thrown... >> ...glad sombody care about us man... >> several human workers were kidnapped... >> this is what's left of the hospital >> is a crime that's under reported... >> what do you think... >> we're making history right now... >> al jazeera america >> it's the biggest question out there. >> go inside the groundbreakin

many companies that supply department stores are also down, like coach and ralph , and annd michael korsnalyst over at one company who covers retail, in his may see notes, they say they are getting increasingly concerned that real consumer spending is on the cusp of a major reset. yes, macy's can talk about the weather issue and some other issues. concerneding more that it is a broader problem and not a macy's-specific problem. david: julie, thank you very much. that is julie hyman at the markets desk. and now, let's get a check with mark crumpton. suspected bombing of a issian airline in egypt raising concerns about loopholes in the united states with many not subject to security searches. andr a series of drug weapons charges at u.s. airports, lawmakers are looking to expand screening and background checks. on this veterans day, president obama took part in ceremonies at arlington national cemetery. go --inded people that we the veterans and that they are due the benefits they have earned. and a complaint that some associates were among 9 people killed in tuesday's crash of a small bus

macy's, keels, michael kors, j. crew just some of the shops getting a makeover.oing on for two years and everyone is hoping that it will mean more business. >> we have been waiting for this day for two years now. and that they will be welcoming the customers. >> and at the vatican, the holiday spirit is well underway, setting up the christmas tree that visitors from around the world will see this year. the giant spruce was brought in from germany and that it will be decorated with 1,200 or notments, all handmade suffering from cancer. >> and gifts handmade by the holy father. and created by the human activity. and they say that they are throwing the balance of nature on out of whack and that it will be a real problem. >> i see them progress rapidly at the high latitudes in the northern hemisphere. on the campaign trail. see how donald trump followed up on the comments called for the data base to track muslims. >>> and this kid is incredible. the junior runningback that overcame some really tough obstacles, one of the top college recruits in the country. >>> we ar

and michael kors pocket books. >> you went to limericks. >> yes. >> was it worth it?> yes, it was. >> and records. vinyl records. >> reporter: you can see that security guards are here assisting shoppers, also righting on the sek way bikes. if you are heading to some of the 400 stores today go to nbc 10.com for a list of black friday deals at kop. we'll continue to talk with more of the shoppers making sure they don't miss a sale. >> before you go on line or hit the stores for holiday shopping check out nbc 10's gift guide. it has gift ideas, shopping trends and tips to get you ready for the holidays. you can find it on nbc10.com and on the nbc 10 app. >>> clergy members and protesters want to shut down black friday in chicago today to protest police ruetalty there. they will march to protest the deadly shooting of 17-year-old laquan mcdonald. new cash cam shows -- van dyke is charged with murder. clergy members ask why it took 13 months to file charges. >> officer van dyke was just as guilty last year in october. >> police say they will continue to support peaceful d

as thousands gathered on the streets of the uc berkeley campus lined with damaged vehicles, emptily korans. three people were arrested. one person was taken to the hospital after a fight broke out near change way and piedmont avenue. police responded to the area around 12:30 this morning and found. they monitored that area until the crowd eventually left. >>> a fire at a home in danville last night was intentionally set. firefighters arrived at the house on west linda mesa avenue just before 8:30. it took them about half an hour to contain that fire. now, witnesses tell police that they saw someone throw an object at the home. no reports of any injure -- no reports of nigiris. >>> from the egyptian desert where no one on board the flight survived. live in the newsroom with the investigation and reaction from the local russian american community. it is a time of sadness. >> and anything that i could do is pray. >> 50 years old the holy bridge and their russian orthodox cathedral would sit in their sunset district. but the evening prayer and their thoughts were far away. >> i'm just so sh

but right now we're here by michael michael kors but slower. and people shopping with affiliate bags and they say it is worth it because they're even you heard stories who were traveling from a drchght different country to be here. we're listening to what shoppers had to say to us this morning. how long have you been here? since midnight. >> how is it? >> we got good sales. a lot of stuff. all of our christmas presents. >> rush thanksgiving dinner to get here? >> we came really it's a. >> kids and i want to get toys for christmas and just amazing here. >> so excited. like a little girl. i can't wait to get in there. >> absolutely. >> a kid in a candy store. [laughter] >> yeah, that woman came from ireland people traveling purposely planned trip are to be here specifically for black tons of bags i haven't seep her. but again here's the theme right now. yowx you can see people wag in, and probably a rush now after 7:00 in the morning see another rush. those people who actually slept through the night. and will be ready to start shopping again. bu

both have to pay court kors costs and fees. the eagles confirm the incident happened but don't want to comment on specific protocol. >> 21 before 7:00. nice and clear and cold. this is a beautiful view from sky fours 10. a lot of people planning on hitting the roads today. if you're getting ready to head out the door, like yesterday, skru to bundle up. the difference is our skies are clear. so we'll see brilliant sunshine during the day. temperatures below freezing for most of the area and most drop independent the 20s. with clear skies, bright sunshine and we'll wind up warmer. it's a trend that continues. right now 20s for mount pocono, trenton and wilmington, 29 degrees. they are making snow again, that's blue mountain, a ways to go. but making some progress. to be able to make snow for the next couple hours, then the temperatures will warm up with bright sunshine. into the thirsts, calm for most of the area. that's part of why it's cold with clear skies, dry air and light to no wind. it is mainly clear. a few high clouds sh

al qaeda here in their response to the paris attacks, and maybe another response, because this is a kor wor -- worrying competition between the two groups. when you look at the attack, the idea that they were separating muslims from nonmuslims is also the al qaeda m.o. right now, and in 2013, the leader of al qaeda sent out guidelines saying that the group should not kill muslims, and do everything possible not to kill muslims, but isis has not put out that same guidance, so it may have been a group reacting to the guidelines put out by al qaeda, and chilling guidelines put out by a al qaeda, ashleigh. >> and also, a reporter cited in "the new york times," and we still don't know if for sure it was happening, but we will continue to watch it, and in the meantime, our erin burnett was a able to speak to someone inside of the hotel saying that the one attacker who burst in with the ak was dressed in western clothing, jeans and a plaid shirt and hat, and the person was speaking in a local language and not arabic or would this tell you that it is a local group jockeying por position or not?

here's a look at michael kors.etter than expected earnings and rising demand for accessible luxury goods overseas. the news overshadowing the handbag and clothing maker's cut to 2016 profit guidance because of currency headwinds. david iron horn recently revealed a stock that's had a tough stretch earlier. getting some momentum back. >> we have an eclectic collection of reports due up after the bell. julia boorstin will be covering facebook for us. jane wells on whole foods. and john fort with qualcomm, telling us what to expect. kick it off for us. >> facebook is so big, its growth is inevitably slowing. investors are sure to focus on its new sources of revenue, including instagram ads, video ads and plans to use messenger and what's app. the company's revenue is expected to grow to $4.4 billion on 21% higher eps of 52 cents per share. we'll have to see what happens in that valuation when they report. >> the same with amazon after i checked it last. jane wells has whole foods for us. >> hi, kelly. we'll get guidan

they don't believe that the kor aurks n contains infidel, if you don't agree with islamic law. >> oh,they believe that. absolutely. bud when it comes to proef sills of the n times, there are other scriptured they look to. they like to quote the harsher verses of the koran to justify. >> is it his vision? >> yes, he's definite not just a figure head. >> this is taught. they're teaching the children this, right? >> that's right. and the kind of islam that they prak sis is not very different from what they teach in saudi arabia. it's a very ultraconservative, rough form of islam. >> it has a very day dichotom dichotomyist view. >> that's a new terror tactic. >> it is. they have recently shifted to attacking the terrorists. much of their propaganda was calling on muslims to come join them and build in state. they ae calling on a lot of their would-be recruits. >> is it working? are they actually gaining numbers by these prop began that individuals? >> they do. and the way that they recruit is different than al-qaida. isis is trying to win over a small sliver of society. >> do they believe

patrick harker and fisher. 21st century fox, time warner, michael kors all with results before the open. the big one, facebook and qualcomm come out with numbers after the close. still to come on the program, we're going to take a breather here on worldwide exchange but groupon grilled in after hours as they discount the 2016 forecast. we'll bring you the details after this break. >>> good wednesday morning. here are your headlines today. u.s. futures are suggesting a positive start to the session and the positive start in november to continue. this is after the nasdaq 100 closed at a record high during yesterday's session. the plot chickens at vw as petrol cars are being dragged into the scandal for the very first time and it's a tough deal at groupon with shares plummeting in after hours in a weak forecast for 2016. okay. let's stay with commerce. target has gone global with the u.s. retailer teaming up to launch an international website to attract shoppers in europe and in asia. the launch opens up target's products to consumers in over 200 new markets ahead of the all important holi

glen kor is a totally different business model. you saw the psychological reaction. they are starting to climb back. it may be possible for management to take these incremental steps to regain trust. >> kate, thank you. here on the desk, we talked about sun edison as well. it's a hedge fund favorite. had a precipitous decline. the common thread is a hedge fund favorite and down a lot, but people didn't know how to evaluate stock but they didn't understand the business model. valeant, the business model changed since the initial investment, in many cases. now they don't know how to value a business where you can't do as much steep drug price hikes. you're not going to do as many acquisitions. you're going to spend more on r&d. >> it has changed. the reason you bought it a year ago is not the reason why you own it today. you might get a pop if you get incremental positive news out of here. they find out there is no fraud. yes. could you get a pop? absolutely. to think the stock is going to go back up another 50% is far fetched because you have a completely different in

and my next guest is the man who did the investigation, the kor more who got the case, and he said thatknew right away something wasn't right. he will explain how he knew. he is going to join me live next. ♪jake reese, "day to feel alive"♪ ♪jake reese, "day to feel alive"♪ ♪jake reese, "day to feel alive"♪ don't even think about it. cough if you can hear me. i took mucinex dm for my phlegmy cough. yeah...but what about mike? it works on his cough too. cough! it works on his cough too. mucinex dm relieves wet and dry coughs for 12 hours. let's end this. 11,000 local activities right from our app. it's even harder to believe it took you this long to come here. expedia. technology that connects you to the people and places that matter. only glucerna has carbsteady, diabetes, steady is exciting. clinically proven to help minimize blood sugar spikes. so you stay steady ahead. tcount on someone's kid mistaking me for santa. i'm so sorry. come on sweetie. it's okay. and knowing right when my packages arrive. introducing real-time delivery notifications. one more reason this is our season. mari

. >> yes, macy's for michael kors.e got a coat, gloves, and a scarf for all under $200. >> and for some, it's an early tradition. it's a yearly tradition, as well. spend the day after thanksgiving looking for that perfect christmas tree. there were many trees for sale today in south philadelphia. some people came to get their trees in long sleeve shirts, some jackets out there, too. experts say one of the most popular times to buy a tree for the holidays is next weekend. >>> talk about a great start to the weekend. here's a live look right now at eighth and market streets in center city, philadelphia, where it's warmer than usual on this friday night with record and near record temperatures in many parts of our area, but we could, we could see the return of some wet weather later this weekend. let's check in with sheena parveen. sheena, what's the timing on all this? >> well, keith, some areas might see as early as tomorrow morning, the rest of us late afternoon and tomorrow evening. we have a big temperature differenc

. >> so retail space had a lot of news by i like michael kors, better than macy's. >> jump around, tone. >> that is cole pain. he is funky cole medina. >> three final trades. >>lee. thanks for watching. stay tuned, "mad money" is up next. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. my job is to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. and

does that mean he wants to expand that particular program to kor all of medicare?s a doctor, i think he has a responsibility to be much more specific on that question, which impacts so many seniors. >> weekends are big, apparently, for finding out the sources of china and he say ths that he believess sources are better than theirs. >> and his sources wear tin hats apparently. >> thank you, paul begala and amanda carpenter. >>> we have new breaking news about the man who is the face of isis, jihadi john and is he really dead? we have new information from the u.s. military. stay with us. you can worry about them. you can even choose a car for them. (mom) honey, are you ok? (child) i'm ok. (announcer vo) love. (mom) we're ok. (announcer vo) it's what makes a subaru, a subaru. if yand you're talking toevere rheumyour rheumatologiste me, about a biologic... this is humira. this is humira helping to relieve my pain and protect my joints from further damage. this is humira giving me new perspective. doctors have been prescribing humira for ten years. humira works for many

four or five years ago which was a coroner's race where they actually acted out a horror movie where a korf selling body parts. >> i wanted to fact check it. he chose prostitutes after. >> i have to leave it there. >> astonishing. >> we'll be back next week because if it's sunday, it's "meet the press." >>> viral videos. >> oh, my god, what happened -- what happened to that guy? >> uploaded daily. >> everybody want to see stuff that goes slightly awry. >> viewed by millions. >> how could this not go viral. >> looks can be deceiving. >> people are debating, is this real or fake? >> you're my wife? >> yeah. >> holy [ bleep ] -- >> how could he not remember who his wife is? >> oh! my god! >> like, yeah. i caught a bird. >> we'll let you in on the truth. >> big -- that's my impression of everyone on youtube. fake. >> 21 seconds.

michael kors is 4% of overall sales. >> that's a function of. >> change in buying habit.e had a long cycle in handbags. about 4 or 5 years and nordstrom called out boots. high price point. so you have handbags are high price point. >> that make mess think there is an issue with the consumer. the high price point items they're concerned about. >> but jcpenney and kohl's put up good sales. they're offering are more basic. >> jcpenney was coming off of terrible numbers in declines. so putting up good comps off of bad comps is not as tricky. >> that's fair. >> but you're also saying the high end is going to start to suffer and the low end is going to do better? >> i don't think it's a high end low end thing. it's just a shift in cob assumer preferences. >> we talked about it high end but the high end he was arguing to some degree was the foreign buyer who is coming to the united states hanging out here at the stores. how much of that is a piece of that? >> not necessarily for in ord nordstrom. >> the bigger idea that the luxury buyer is just not buying? >> they're moving away

michael kors having a positive reaction stock wise to the company's earnings report come up 11.5%.econd quarter profit was above what analysts had been anticipating. it is adding new retail locations internationally at a quicker pace than it did in north america. that has been helping the company, its revenue managed to increase 7% given the stronger dollar. happen beense would 12%. same-store sales defaul -- did fall. has been better this year could you have to put again in context. avon products down sharply. the company had posted an unexpected third-quarter loss. it was hurt by the stronger dollar, getting most of its sales internationally. those shares down by 16%. the ceo has been trying to snap a three-year string of losses. dsw shares down by 9.8%. a discount shoe retailer, not so much in her -- ,he company cut its forecast named a new chief executive officer. there's concerns been expressed about the company's performance. very different situation at lavrov liquidators, the company also announcing a new ceo, pointing the chairman john presley as its new ceo. those shares a

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coming up next on the cyber ea steppeduth kor up its defenses for 21st century threats.e are live in seoul after the short break. ♪ south korea strengthening its forces for 21st century threats. the government is recruiting student program is to shore up cyber dispensaries. our east asia government reporter has been tracking the story for us. tell us more about what the government is doing. well, over the last 5-6 years, south korea has come under a series of attacks that it blames on north korea. 2013articular attack in cost the country so much by paralyzing thousands of computer servers and cash machines that paralyzinglso broadcasting by some major broadcasting outlets here. so south korea is basically trying to catch up to defend against the threats by cultivating an army of young hackers. because these are the kinds of skills you can learn better when you are young. and south korea is basically funding a scholarship program that would allow very young, talented programmers to receive education in hacking. is south korea paying attention to this issue now? well, sout

i think what is new about this even though george tenet has written about it in his book, kor black saysre. the attacks could have been here in the u.s. but as adrena bennett said, what do you do? do you shut down the airports? george tenet says he does not feel for the record the white house ignored his warnings. what he says is it was probably, you know, you would have to button down the airport, button down the wild building, a change of visa policies, at this point two of the hijackers were already here a as we now know. >> there is a clear line coming from the cia in this documentary as well as books they have published. this was not a failure of intelligence september 11th. the details months and months of pdbs, the daily briefings the president gets. this july meeting that you so dramatically described with kofur black telling condoleeza rice they are coming for us. why wasn't something done? and why didn't the cia go back to the white house after something wasn't done and say, come on, let's do something? >> i think the cia felt they did come back again and again. at the end of t