lulu lemon back in the news. first it was see through yoga pants window display. >> yes. >> bend over and you see underwear or whatever, or more. >> yeah. >> founder of the company a guy blaming woman for being too chub toy wear his clothing. >> that is why they were see through. >> it is your skin. >> yeah. >> now a new tote bag he is trying to selles get something backlash, kerry, what does it say on it. >> here's the deal. there is a message on the bag, it has customers up in arms. the company is being labeled as ignorant, irresponsible because of what specifically he said on the shopping bags. given to customers specifically critics are angry at a statement that seems to advise against wearing sun block. here's what it says, sun screen absorbed in the skin might be worse for you then sunshine. get the right amount of sunshine. once a picture of the bag was posted on social media there is an up close shot of that particular expression it prompted angry responses many accusing the retailer of promoting advice t

we're going to post our special after this hour with lulu on facebook and twitter.h ashleigh banfield" starts right now. >>> it is legal and it is lucrative. washington state starts selling pot for recreational use, and they expect to make millions in taxes and fees out there. >>> police are trying to figure out why a mom abandoned this adorable baby girl on a subway platform in new york no less. we have just learned the mom has been charged. a sleepy yankees fan gets called out by this nap for the sports announcers. and then thatit

let's talk about it, guy, look at the blowup, coach, whole foods, lulu, these are stocks trading at multi-year low, they've got everyone destroyed, so to me i don't think they're one off situations. i think we will look back at the end of this cycle and say it was a the end of the coal mine. >> i think one of the most important principles in the markets is mean inversion, let's look at two carts and put it into context. this is the xrt, which is very much a consumer discretionary item versus the sector in thestst. from the high in '3506 and '307. we have the '34r50u7b9ge and the rove. here is the market. we know the sector, consumer discretion outperformed the market by a double. these very discretionary names have outperform the sector. so it's now a question of do we have mean inversion. here's the s&p and one of its parts. ten parts, comprise the whole. this is consumer discretion, no sector. it outperformed the market for more than five years in a row going back to the 1980s and consumer discretion last year completed a record sixth year of outperforms. so this honored performance we belie

. >>> also lulu problem than back in the hot seat. they are always in the hot seat, for something. >> yes. >> see through pants, whatever it may be. first it was see through pants and then founder basically saying they are not see through it is just because you are too big to wear them. new is there a new bag for sale at the store getting backlash. the the message written on the bag that has a whole bunch of customers up in arms. we will have that coming up as well. >> sometimes i wonder fit is a marketing ploy. >> you know, kind of like urban outfitters because we fall for it hook, line, sinker every time. >> we're talking about them. that is certainly the truth. welshing happy friday. we have made it. hopefully you have good plans for the weekend or maybe you are planning on doing a whole nothing. that is always fun. anyway we have a couple stray showers around this morning, not too much, the good news about today is it won't be quite as humid as it has been. in fact we are calling it fine friday, in the only because we like to alit

lulu chen, thank you so much.s given that one of classp of the line s carson site is not for everyone. than $1 million. matt miller got a ride. >> bmw has a rolls-royce and audi has been late but what does have?her germany maker s classl bring back the plated with armor that cost over $1 million. twice the price of the most expensive rolls-royce. and as a royalty and the rich, the s class think of as a of seats with two rows and a show for's cabin. 's show for -- chaufferu cabin. the car is meant to invoke the 600 series. owned by celebrities like john lennon. the bmwying to overtake as the biggest luxury carmaker by the end of the decade. it requires mercedes to produce a much cheaper cars like about 29,000 cla. keephave to be careful to the luxury luster and they are doing the with high margin cars. maybe they needed to bounce out of the bottom with the unattainable luxury car will work its magic on may about. -- maybach. there are rumors. >> of more than $1 million, twice expensive as a rolls-royce. i am guessi

see what happens to find out if they are actually interested in purchasing lulu lemon.it all by myself. charles: subscribers pick up the stock too. if they get a deal, might be north of 50. i can't let you go without talking about the bank stocks. they are leading the way. >> goldman sachs has a positive reading, we see banks doing well today. not sure there's any particular type in between jobs numbers and any moves by the fed but you see the banks are leading away. they have been laggers despite we are at record highs today. you cannot say thank you to the banks for the record moves. many of them are still in negative territory for 2014 budget before the jobs number was strong enough. the ecb, maybe rates will go up sooner rather than a leader. we wanted to stay with the rally, at record levels. joining us from chicago, scott sees the numbers, you are our resident skeptic. what are you saying about this one? >> it would be disingenuous of me to poke a ton of holes in it. the economy is picking up a little bit. the only thing i would like to say is we lost half a milli

lulu lemon down hideously since last march. coach?od company with a stock crushed of late because the natural organic supermarket business has become ultracompetitive. then there is panera bread and ralph lauren, two stocks on the down swing lately. there were a couple of winners. toll brothers up somewhat. estee lauder is in the black, but not up nearly as much as the s&p. only five gatsby stocks gave you gains in excess of 20%. brunswick, maker of yachts and of course -- nordstrom. we met with them in seattle. we like them. terrific department store. starbucks. tiffany and the best performer in the group, michael kors. to understand the mistake i made with the gatsby index, yes, i acknowledge my mistakes. that's the only way to have credibility. we need a mad money made index that worked. talk about the danny meyer hospitality index. in february 2009 in the depths of the great recession, danny meyer, shake shack, came on the show with a bull claim. he said companies that treat their employees well and connect with customers would pe

ionin didn't show up at that hearing and he was taking over lulu wong's position and acting agent for mr. john rahaim. he knew about it all along so the order went to john rahaim. he was in receipt of it so to say he wasn't given notice or ability to be heard wasn't the case at all. he cheese people to hand. >> >> handle it and they didn't handle it at all. this is john rahaim. this is from the bay guardian of last year. planning in san francisco is a blood sport. he's talking about war here. the war was to push the project forward and deny me -- >> my question is what documents double haven't been produced to you at this time? >> well, the search terms weren't completed in their intriernity. the closest was the second cd i was given but put [inaudible] avenue in quotes which means has to be [inaudible] avenue and only return those documents but who spells out avenue. it was so minimal. if they returned the search terms in the entirety this would have been settled but now the project is approved. these are my records request to view files so it wasn't possible i missed anything. i was

we're going to post our special after this hour with lulu on facebook and twitter. that's it for us "at this hour" on tv. >> "legal view with ashleigh banfield" starts right now. >>> it is legal and it is lucrative. washington state starts selling pot for recreational use, and they expect to make millions in taxes and fees out there. >>> police are trying to figure out why a mom abandoned this adorable baby girl on a subway platform in new york no less. we have just learned the mom has been charged. a sleepy yankees fan gets called out by this nap for the sports announcers. and then that little bit of business shows up online. and now that napster is suing major league baseball. he's suing the yankees. he's suing espn. he wants $10 million. is he going to get it? all for sleeping? that's coming up. >>> hello, i'm ashleigh banfield, it is tuesday, july the 8th. welcome to "legal view." let's begin here, the battle over the border. it is front and center today. as the president prepares for a trip to texas. mr. obama is nearly doubling the amount of money that he is r

ionin didn't show up at that hearing and he was taking over lulu wong's position and acting agent for mr. john rahaim. he knew about it all al

more trouble for lulu lemon. advising them against using sun block. sunscreen absorber into the skin might be worse. sending customers a misleading message. a spokesperson for the cancer center says there is no solid proof to the belief that sunscreen is harmful. they responded to the latest controversy. a collection of statements that are intended to spark conversation that is relevant at the time. >> coming up in sports. it is official james is coming home. he is going back to coming home. he is going back to cleveland. a1 im time for sports. the biggest free agent is returning home to cleveland. he says he is ready to accept the challenge and bring a championship to cleveland. he says he has always believed he would finish his career with the cavaliers. compared his four years with the miami heat like going away to college. carmel and the man has yet to announce where he will go but it is reportedly down to the new york mixed the lakers and the bulls. >> first cup player to win it. he is going to his first all-star game. he led all votes with nearl

whole foods, lulu. after they blew up, the same sort of thing.tock started to rally, who knows what it was, restructuring recently. all of them are back down toward the lows here. i don't think you chase this sort of stuff. i'll make another point. family dollar has almost filled in that entire gap since carl icahn made that announcement. it's back down here. >> the eventually was not there. 6 million shares. >> that was in the options market. >> in the stock where fidelity's trading and wellington and big players, no volume, 6 million. plunged a week or so ago. there's no endorsement here. >> the point you have to make here is that people can't help themselves. when they think somebody's going to get involved, a big name, they think they can get ahead of it, you don't want to buy it after they get, in we saw what happened. this is the only way to do it. to dan's point, the probability of success on these trades is very low but at least you're going to be risking less when you make those bets. >> we did call bed, bath and beyond for a comment, th

ferociously commenting on dog videos and baby videos, saying things like every child could dance like this lulu'safter one week of practice. loser after one week of practice. to tell you, we went through hundreds of these comments, and in the samples we looked at, all of them were against the proposal. we do know at&t and comcast did file comments in support, but the vast, vast majority were opposing the plan to allow some internet lanes to be faster. >> there were some good ones, weren't there? >> they were very wide ranging. some people talked about how it would hurt small businesses and startups. some people gave shout outs to john oliver. this woman predicted a very dire future if this proposal goes forward. she said "you are obliged to uphold free access. failure to do so can lead us to a future depicted in science fiction, where mega courts hold all the power, government by the people is an outdated model and all restaurants are talk about." others like this one got personal, saying -- some threatening words. said this was a civil rights issue. one company threatened to move to canada. this

i'll give you two examples, whole foods and lulu. who knows what it was? restructuring coach, too.them are back down to the lows. and family dollar has almost filled in that entire gap since carl icahn made that accouncement. >> 6 million shares. >> look at the options market, though. >> well, no involve today. 6 million. a week ago, it was 19 million. >> well, the point, people can't help themselves. if a big name is going to get involved, and they think they can get ahead of it. the probability of success is low, but at least you're going to be risking less. >> we did call bed bath and beyond, but they didn't return our phone calls. >>> and on wednesday, we'll be at delivering alpha. i will sit down with none other than carl icahn. we'll talk about everything. >>> up next, which high-growth stock will be the next to fall? we'll discuss, when "options action" returns. time and sales data. split-second stats. ♪ its so close to the options floor, you'll bust your brain-box. all on thinkorswim, from td ameritrade. [ bell ringing, applause ] five tech stocks with more than a 10%... ch

the map comes from an app called lulu that allows with men to look up reviews about men. >> oh, no. >> written by other women. >> okay. >> i'm listening. >> okay. it uses hash tags to categorize these guys. they have created a map which quantifies and qualifies each man in each city. lets start in philadelphia. what do they say about men in philadelphia. that they smell good and that we are good cousins. >> okay. >> plus we're boring. >> caitlin agrees with the boring part. >> really. >> yes. >> caitlin are are we good cuddlers. >> yes. >> but a tad boring. >> how do we smell. >> cuddling is sexy. >> i don't know if any man smelled good this past week with all this humidity. horrible what do you think about guys in san francisco. evidently the men there where i have lived there, nerdy, they work hard and you have to work hard to pay the rent in san francisco and they have questionable search history. i found that interesting. in dallas, men in dallas, they have good manners. they are southerners, right. they opened doors, but here's the the problem with dudes in dallas. they hang out

one by one, this stuff taken to the wood shed as you said, it's whole foods, coach the list goes on, lulu and on and on so somebody saw something they don't like. to me, i think you avoid these, i think these things, people keep telling me are stock pacific or one offs. i think they're a part of a broader trend and the u.s. consumer is weak. >> i disagree, coor's is at a multiple. kors. i wonder why two firms the same day downgrade? is the company taking members down a bit? i don't know. we'll see in a few weeks when they report. i couldn't own it. eighth big write up in the high 20s where the multiple, what i couldn't own it. on the heels of this kors massacre, macy's has come in a lot. we bought a fair amount of stock today. is it the bottom? i don't know. i really want to own it here. this is about as cheap as it's been on a relative p.e. on a forward p.e. and maybe i don't know four years. >> i think over the weekend they were saying kors better be careful, they'll wind up like coach. any time you compare to coach that might not be a good thing. >> that might have set off the downgrad

tomorrow, lulu known for can the to sir with love" and "the man with the golden glove." graham nash. and on thursday, singer petula clark will join us. >> that is phenomenal. thank you for joining us. stick with us all week. legal view with ashleigh banfield starts right now. >>> police want to know more about the online habits of the man accused of leaving his toddler son inside that hot car. they also want a look at the chieldz child's medical records. what about the mother? the latest on the investigation straight ahead. >>> oscar pistorius re-enacts the moment of shot his girlfriend. it is all on videotape. we will show you this disturbing video. we will tell you if it

. >>> lulu lemon founder speaking to private equity firms to take the firm private according to "wall street journal," but there's there's no deal in the works, and the transition would be facing hurdles, but the stock is moving higher on the report, and that's why we mention it. we do seize these mentioned occasion occasionally. it's an idea on the part of the founder considering. back in my day -- >> back in your day? we're in that day. i can use that phrase, you have no right to it. i was there when they signed the declaration of independence. >> it's not that great, and covered it seven times as long as anybody else. you wouldn't have done a story like this, but that's what stories are like now. the stocks move's jim, i don't know what the numbers are, are not going up now. >> going down. >> leading buyoffs, a special committee, you know, you got a lot of things going on. he's x. >> right. this has a best buy feel to it,day, and if you recall r there was not an inflection. there's a lot of good ideas out there. what's the process? is he calling bankers, do you think? >> yes, he is

we saw it in lulu and the other patterns lagging the consumer names, within they broke those levels,uch lower. >> after the break, a deeper dive into why the charts are saying we could see more than 8% move lower in both the nasdaq and the russell 2,000. plus with the biotech well over 23% today wrerks looking at opportunities within the carnage. the three names that survived right now from the street's top ranked analysts later on in the show. . . >> welcome back to fast 340i7b. we are live in time's square t. nasdaq composite, the russell 23,000 were dropping more than a percent each. is this just the start of the sell-off? let's go off the charts with carter braxton. carter. what do you see? >> well, it's not so good. both of these indices have been poor year-to-date. you suffer a 130% draw down and nasdaq peak to trough and up only 5% on the year. let's look at charts what is important about this of course is at least the nasdaq was able to make a new high whereas the russell failed around is failing right at the high t. trajectory is the same, it's stronger being the, na. here's

when a cult stock, doc, goes bad, it can go bad hard and in a hurry and i throw out lulu as an example. the ultimate cult stock. when it went bad it went real bad. >> yeah. >> if invest with bezos or reid hastings at netflix, as pete said, hyper growth, you don't know when the bottom line is going to matter, you are like a vegetarian walking into a steak house if you decide to jump on these stocks as a normal investor. you're just wrong. you're not going to find what you want there. because in particular in this one, judge, look what they were supposed to lose. supposed to lose 15 cents. if they lost 15 cents, should we are cheering on the desk? that's a $70 million loss for the quarter versus $120 million loss? no. either way it's a loss, even though they've done a ton of revenue. betting on these kinds of stocks, the ones you name, then you're a different kind of investor than the people that invest in most of the stocks stephen weiss talks about. >> you're buying amazon? >> i bought by doing what we always talk about here on the desk. everybody says, like it, $5 cheaper. s 20$20 che

no lulu review. fantastic.nkie and kris, good to see you. >>> coming up on the show, did you celebrate america with the firework this is fourth of july in it turns out they are just war propaganda. and a liberal professor who wrote this all down you won't believe. >>> happy wife, happy life, right? things husbands aren't saying that wives really want to hear that could save your relationship. >>> good morning, everyone. it is sunday, the 6th of july. i'm anna kooiman. a great white shark on attack. >> hey, get out of the water! >> shark! >> get out of the water! >> shark! >> the chaos and the escape caught on camera. >>> and then hundreds of thousands of illegals have entered this country since april. and get this, the president isn't sending most of them back. instead he's using your tax dollars to deliver them to the relatives here in this country where they are going to remain. so is this really a fix to the border crisis? we'll report and you can decide. >>> and did you celebrate america by watching these t

. >> we were just talking to lulu yesterday, and she was talking about the fact that she grew up withence of american music. but when we think about music and the united states, we certainly think about the music that you've been part of. such an integral part of the '60s, you probably think about it from time to time, you've lived many adecade. when you think back on just sort of a one fad of the '60s, what stands outs? >> the kids of the day realize that they had a certain a. power. if they all came together and spoke with one voice. it started at woodstock to a sen extent. half a million people and three days with very little violence. and i think that's, i think the spirit and the hope of the times was what i remember from the sixties. >> we talks about the british invasion, you were a member of the hollys. but with the hollys, it's so interesting, listen to the music, it's poppy, sing songy, harmonies, by the end, especially the songs you were writing, very socially conscious. >> that was my, that was david and steven and neil young and mitchell's influence on me as a song writer

from a technical standpoint, lulu is looking weak. it is putting up against major resistance here.e's really not any support here for another five, six dollars. the option world is not indicating anything imminently happening to the upside here. >> either they know something we don't, or they are wrong. [laughter] >> exactly. >> let's talk about yahoo!. i know you have a trade on yahoo!. jaffray calliper earlier this week, saying yahoo! stake in ali baba was undervalued, which was a counterintuitive call. what are you looking at here? on the 15th,rnings and then we have the ali baba ipo shortly after that. yahoo! really hit recently a major support level has been hovering between the 50 and 200. they just broke the 200 day moving average. i really like an upside play here. the august 30 six call, selling the august 40 one call. five dollar call spread. i'm doing that for the range of the dollar 30, a dollar 40. 41 reason i'm taking the strike as my short strike is that is the area we saw yahoo! trade at an all-time high. i like the upside here. i don't want to just go in and buy th

. >> pero para lulu y lala, Éste sigue siendo su pasatiempo favorito. >> nos miran como si fuÉramos alienseste que estÁ aquÍ es un sacerdote. porque es un cerdo. >> grandote. >> tienen esas verruguitas los >> armÓ un zafarrancho en un aviÓn y ahora estÁ tras las rejas. la policÍa arrestÓ a una mujer que se emborrachÓ y actuó de manera alocada en un aviÓn que no me esperaba. cuando fue a la parte trasera del aviÓn, los asistentes del vuelo le dijeron que regresara a su asiento, tratÓ de resistir al arresto y patio a un agente e intentÓ patear a otro y ahÍ la demos pidiendo disculpas y muy arrepentida. pero hay que saber comportarse. y un fiscal de california decida si le formula cargos a un anciano de 80 aÑos que matÓ a una ladrona desarmada. el dueÑo de la casa dijo que la mujer estaba con otro hombre y crea que son las mismas personas que han robado su vivienda unas tres veces. dijo que disparÓ a la sospechosa dos veces por la espalda. el cÓmplice fue arrestado cerca de la escena. una inusual celebraciÓn de cumpleaÑos de una actriz mexicana estÁ dando mucho de quÉ hablar. la ex sobrina de

. >> pero para lulu y lala, Éste sigue siendo su pasatiempo favorito. >> nos miran como si fuÉramos aliensiÉn. >> seÑores, los autos que se manejan solos son una cuestiÓn de tiempo para que se puedan llevar al mercado e inunden las calles. una flota ha estado transportando a pasajeros y partidarios dicen que estos vehÍculos reducen el ruido urbano y tienen cero emisiones. una pequeÑa ciudad del noroeste de londres quiere ser la primera en el mundo en imponer estos vehÍculos. se conectan en una estaciÓn de tren de la ciudad, bajas, haces tus compras y lo entregas otra vez. >> aquÍ hay un servicio así, en miami. > pero es un intervalo de una milla quÉ futurÍstico se estÁn estos aparatos. >> aquÍ, en miami hay unos un poco mÁs grandes. son eco. tÚ los rentas. donde veas estacionado uno, lo puedes agarrar, lo estacionas, lo dejas. >> ah, ya sÉ. >> como las bicicletas. esto es muy chÉvere. para las personas que no necesitan un carro todo el tiempo, ellos pagan una mensualidad y puedes agarrar cualquier carro que te encuentras en el momento. por ejemplo, yo lleguÉ aquÍ, lo estacionÉ, se lo lleva

lulu lemon's founder is reportedly talking to private equity firms about a buyout of the yoga wear makerting that there is no deal in the works. and a buyout would face issues because of the premium that would be needed for the company's $6 billion market capitalization. but still that stock is up by over 3% today. also abbvie's ceo is in london today. he's trying to convince shire's shareholders that his takeover is in their best interest. >> boo. another inversion. boo. >> don't boo. just -- >> andrew wants to block it. need more shareholders. >> i want corporate tax reform. i think we have to boo -- >> that's the answer. then they'll keep their money here and invest in america. >> do you expect that to happen this year sfr >> actually not this year but after the election. there is surprisingly some bipartisan support -- >> i have heard in the senate of some bipartisan support. >> and the question is will it be the right kind, do we want to be competitive, need a 20% corporate tax rate -- >> 20%? you think you're really going to get 20? >> actually i want to go to zero joe is absolutel