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we put that before and i'm not hearing that too much. >> let's talk about lululemon. they had the famous product issues with the pants that were too sheer. today they sacked apparently the product -- the chief product officer out there. is that an example of a company that is doing the right things and moving swiftly to hold someone accountable and to make the changes that are called? >> yes, it is. and they had some problems before about -- >> it's not the first. >> it's not the first. so they toughed it out for the first. but then seeing this, then she moves, christine day, and i think she did the right thing. >> i want to ask you going back to carnival, you think of companies that have a product problem. in this case it's a huge ship. do they do a recall? >> well, they surely do a refit. and they surely compensate people a little bit better than they have done. i think they have to show that they're on the passengers' side a little bit more than they've been showing it. because eventually it's going to come back and bite them. >> because you're talking about a safe
we put that before and i'm not hearing that too much. >> let's talk about lululemon. they had the famous product issues with the pants that were too sheer. today they sacked apparently the product -- the chief product officer out there. is that an example of a company that is doing the right things and moving swiftly to hold someone accountable and to make the changes that are called? >> yes, it is. and they had some problems before about -- >> it's not the first. >>...
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. >>> plus, we'll tell you about new fallout at lululemon. could those see-through yoga pants be the reason a top exec is out of a job? >>> an australian pilot is lucky to be back on safe ground this morning. take a look at this landing that was caught on camera yesterday. you can see the front wheel of his twin engine just dangling there. for some reason, it wasn't able to lock into place. the pilot was able to touch down on the runway nosedown. the plane slid for several hundred feet before stopping. no one was hurt. the cause of the accident is being investigated. it's like sliding into home plate there. >>> governor brown will soon be heading to china looking to attract billions in new investments for california. he'll be joined next week by a delegation of business leaders who will help him open the first of at least two state trade offices in china. during the six-day visit, the governor will promote tourism and clean energy. and sign a series of agreements with chinese officials. california is china's number three trading partner. >>>
. >>> plus, we'll tell you about new fallout at lululemon. could those see-through yoga pants be the reason a top exec is out of a job? >>> an australian pilot is lucky to be back on safe ground this morning. take a look at this landing that was caught on camera yesterday. you can see the front wheel of his twin engine just dangling there. for some reason, it wasn't able to lock into place. the pilot was able to touch down on the runway nosedown. the plane slid for several...
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. >>> the lululemon executive responsible for those revealing workout pants is out of a job. sheree waterson, the chief product officer, will leave following the overly sheer stretchy pants incident last month. lululemon warns that pulling these pants off the shelves would cost the company about $40 million. >>> big announcement expected today from facebook and facebook phone. ceo mark zuckerberg says it will be a moderately priced phone made by htc and powered by google's android operating system, however, sales of the phone will be focused outside of the u.s. >>> and apple may be close to selling its own tv. no official release date yet from ceo tim cook, but already it's being dubbed the itv. it is expected to feature a 60-inch screen. it will come with a ring that you wear. you put it on your finger. it turns into a remote. its starting price, a cool 1500 bucks. >> i'd give it a try. >> would you feel like wearing a ring? what do you think? it's kind of interesting. >> i don't know. i feel like one of these days our brains will be our remote control. >> yeah, you're right
. >>> the lululemon executive responsible for those revealing workout pants is out of a job. sheree waterson, the chief product officer, will leave following the overly sheer stretchy pants incident last month. lululemon warns that pulling these pants off the shelves would cost the company about $40 million. >>> big announcement expected today from facebook and facebook phone. ceo mark zuckerberg says it will be a moderately priced phone made by htc and powered by google's...
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reince priebus has his work cut out for him, because america's moral fabric is thinner than a pair of lululemon yoga pants. [laughter] the gay swarm descended on the supreme court which today and tomorrow are hearing arguments-- no surprise they're oral-- in two cases which will decide whether gay marriage is a constitutional right. i shudder to think the unnatural coupling of same-sex partners may be put on the same legal footing as my loving relationship with my gun. you complete me. [ laughter ] what is that? i'll put you in my holster. [ laughter ] folks, if we lose either of these cases, it is gay-ma-geddon america: lost in sea of hedonism. it's already started. don't believe me? brace yourself. a duck has fathered a chicken. [laughter] that is terrifying and delicious news! [laughter] sorry, but the bible says, marriage is between one man, and that man's rib. nothing gay. [laughter] but try telling that to the secular progressives out there. support for gay marriage is surging like ryan gosling in my dreams. knock it off! i will -- i'm flattered but i don't want to spot you. [laughter] a
reince priebus has his work cut out for him, because america's moral fabric is thinner than a pair of lululemon yoga pants. [laughter] the gay swarm descended on the supreme court which today and tomorrow are hearing arguments-- no surprise they're oral-- in two cases which will decide whether gay marriage is a constitutional right. i shudder to think the unnatural coupling of same-sex partners may be put on the same legal footing as my loving relationship with my gun. you complete me. [...
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. >>> an executive is ousted over an embarrassing recall for lululemon. >>> meteorologist mark is monitoringin a matter of hours. he's back with an updated forecast and what to expect in the days ahead. >>> up first, more criticism aimed at rutgers university tonight even after an apology that the coach made for physically and verbally abusing his players. >>> in new jersey the president of rutgers university and the school's athletic director are both under fire tonight over their disciplinary handling of the men's basketball coach. coach mike rice was fired after a video showed him grabbing, hitting, and shoving his players. he's also seen throwing basket balls at his player and using anti-gay slurs. >> there's no explanation for what's on those films because there is no excuse for it. i was wrong. >> rice was suspended and fined in december when the university first learned about the video. at the time the school did not explain the reason for his suspension. the critics now say the coach's behavior was so deplorable that the university should have fired him then. >>> a fashion fallout ov
. >>> an executive is ousted over an embarrassing recall for lululemon. >>> meteorologist mark is monitoringin a matter of hours. he's back with an updated forecast and what to expect in the days ahead. >>> up first, more criticism aimed at rutgers university tonight even after an apology that the coach made for physically and verbally abusing his players. >>> in new jersey the president of rutgers university and the school's athletic director are both under...
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. >>> an executive is ousted over an embarrassing recall for lululemon. >>> meteorologist mark is monitoringvy rain in a matter of hours. he's back with an updated forecast and what to expect in the days ahead. >>> up first, more criticism aimed at rutgers university >>> in new jersey the president of rutgers university and the school's athletic director are both under fire tonight over their disciplinary handling of the men's basketball coach. coach mike rice was fired after a video showed him grabbing, hitting, and shoving his players. he's also seen throwing basket balls at his player and using anti-gay slurs. >> there's no explanation for what's on those films because there is no excuse for it. i was wrong. >> rice was suspended and fined in december when the university first learned about the video. at the time the school did not explain the reason for his suspension. the critics now say the coach's behavior was so deplorable that the university should have fired him then. >>> a fashion fallout over risque yoga pants is costing the chief product officer at lululemon her job. the fabric
. >>> an executive is ousted over an embarrassing recall for lululemon. >>> meteorologist mark is monitoringvy rain in a matter of hours. he's back with an updated forecast and what to expect in the days ahead. >>> up first, more criticism aimed at rutgers university >>> in new jersey the president of rutgers university and the school's athletic director are both under fire tonight over their disciplinary handling of the men's basketball coach. coach mike...
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. >>> at lululemon is leaving, following a mistake in the yoga pants.he fabric turned out to be too sheer. the company estimates the production flaw will cut revenue by 12 to $17 million. the fabric passed but testing protocols were incomplete. >>> the rolling stones are coming back to the bay area next month. they have concertings planned in two venues -- concerts planned in two venues but fans can dig deep for tickets. >>> the 50th anniversary niversary store is coming in town. >> may 8th at hp pavilion. prices range from one$172 to $166 to the oakland show, includinger is vils chargeing service charges. >> in campbell, the stones visit clad. he says she was at the last concert and is planning on seeing them again whatever the cost. >> that's okay. i think it's worth it. they were supposed to be done touring, right, so this is a huge opportunity. >> thanks for the heads up. now i can save up. >> many tickets will end up on an online ticket web site such as stub hub. >> we know concerts, especially high profile tours will demand on stub hub without que
. >>> at lululemon is leaving, following a mistake in the yoga pants.he fabric turned out to be too sheer. the company estimates the production flaw will cut revenue by 12 to $17 million. the fabric passed but testing protocols were incomplete. >>> the rolling stones are coming back to the bay area next month. they have concertings planned in two venues -- concerts planned in two venues but fans can dig deep for tickets. >>> the 50th anniversary niversary store is...
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and watch it live on lululemon be, or on news channel eight. >> it's been a busy weekend.have the storm moving over northern california producing not only showers but under storms. and here's the future cast for the monday morning commute. 7:00a.m., the green dots are showers though the forecast, the wet and dry for the morning. >> all right, be safe out there everybody, good night.
and watch it live on lululemon be, or on news channel eight. >> it's been a busy weekend.have the storm moving over northern california producing not only showers but under storms. and here's the future cast for the monday morning commute. 7:00a.m., the green dots are showers though the forecast, the wet and dry for the morning. >> all right, be safe out there everybody, good night.
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that see through scandal at lululemon.he company's chief product officer, sheree waterson will leave this company in two weeks after the yoga pantmaker had to recall 17% of all of its pants for being simply too sheer. lu lulu lem lululemon did not comment on it. >>> arthur frommer has now reacquired the rights to public the book from google. google executives brought the brand last summer but they decided to pull the plug on it. some of the frommer travel content will still remain on google's web services, google plus >>> wikileaks founder, julian s essange may have found an ally. they were critical against him. he said it was a mess. he questioned the legality of extradition. he has been holed up in ecuador's london embassy since last june. he is trying to avoid extradition to sweden to face sex charge allegations. he believed they are a ploy to ship him to the united states to face charges of exposing thousands of classified government documents >>> starting next week, governor jerry brown will be heading overseas to chi
that see through scandal at lululemon.he company's chief product officer, sheree waterson will leave this company in two weeks after the yoga pantmaker had to recall 17% of all of its pants for being simply too sheer. lu lulu lem lululemon did not comment on it. >>> arthur frommer has now reacquired the rights to public the book from google. google executives brought the brand last summer but they decided to pull the plug on it. some of the frommer travel content will still remain on...
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meanwhile, heads rolling at lululemon, the company's chief officer is leaving after the company was forced to pull a line of black pants because they were a bit see-through. >>> facebook taking another leap into the mobile market. the site is expecting to unveil a smartphone today that will promptly feature users' home pages on it. 680 million people currently access facebook on their phones each month. richard back to you. >>> on the retail front, samsung announced its setting up mini shops inside best buy stores in the comes months. meanwhile, rumors are swirling that apple has its own tv in the works, 50 or 60-inch sets that you control with your hand movements costs between $1500 and $2,000. >>> hyundai and kia with air and brake switches. a new report finds 700 million federal dollars to help katrina victims is unaccounted for. according to the report more than 24,000 louisiana homeowners who received up to $30,000 had not carried out the necessary work or did not provide proof it was done. >>> and the nfl is giving ticket buyers a little more bang for their buck. beginning this fall
meanwhile, heads rolling at lululemon, the company's chief officer is leaving after the company was forced to pull a line of black pants because they were a bit see-through. >>> facebook taking another leap into the mobile market. the site is expecting to unveil a smartphone today that will promptly feature users' home pages on it. 680 million people currently access facebook on their phones each month. richard back to you. >>> on the retail front, samsung announced its...
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heads are rolling at lululemon. officer is leaving after they were forced to pull a pair of black pants because they were too see through. face book is expected to unveil is smartphone today. 8 million people access facebook on their phones each month. >> great, there's so many already. >>> on the retail front, samsung is setting up minishops inside best buy stores. rumors are swirling that apple has its own tv in the works, a 50-inch set you control with hand movements. hyundai and kia are recalling almost the million vehicles to fix problems with air bags and brake light switches. a disturbing report finds $700 million federal dollars is unaccounted for to help people from the flood. louisiana homeowners have not carried out the necessary work or did not provide proof it was done. the nfl is giving ticket buyers a little more bang for their buck. they will install cameras in the locker rooms to give fans a behind-the-scenes peek. for all your tailgaters, you are going to miss out on the extra footage. >>> moms bon
heads are rolling at lululemon. officer is leaving after they were forced to pull a pair of black pants because they were too see through. face book is expected to unveil is smartphone today. 8 million people access facebook on their phones each month. >> great, there's so many already. >>> on the retail front, samsung is setting up minishops inside best buy stores. rumors are swirling that apple has its own tv in the works, a 50-inch set you control with hand movements. hyundai...
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. >>> the see-through scandal at lululemon has prompted the designer to step down, after the recalls of the pants that were said to be too sheer. the chief executive had been with the company since 2008. >>> and president obama scheduled to arrive at sfo, coming to town for multiple fundraisers tonight and tomorrow night. he is expected to arrive on the tarmac literally within minutes. in the last minute, sfo has been closed down to commercial traffic, which is the sign that air force one is to arrive. president obama coming in from denver, colorado, where he spent much of the afternoon. right when he arrives at air force one he will be shuttled into san francisco for two fundraising parties tonight. one from the billionaire banker, and then to the getty mansion for a fundraiser dinner. again, president obama scheduled to touch down. >> he will have a brunch tomorrow. and we want to know how much you will pay to dine with the president? text one for 500 to a thousand bucks, text two, for a thousand to 1500, three for more, or you can text 4, for wouldn't pay at all. >> tonight's fund
. >>> the see-through scandal at lululemon has prompted the designer to step down, after the recalls of the pants that were said to be too sheer. the chief executive had been with the company since 2008. >>> and president obama scheduled to arrive at sfo, coming to town for multiple fundraisers tonight and tomorrow night. he is expected to arrive on the tarmac literally within minutes. in the last minute, sfo has been closed down to commercial traffic, which is the sign that...
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cabelas is the stock to own. >> you can wear your lululemon while hunting. it is a known fact. >> thanks, guys. great arguments on both sides. we'll see you soon. wee appreciate the time. tonight, don't miss the premiere of "america's gun: the rise of the ar-15." brian sullivan will explore the nation's most popular and feared firearm, which is at the center of the ongoing gun debate. that's tonight, 10:00 p.m. eastern, on cnbc. >>> we're really losing altitude here. >> yeah, we are. >> look at this. >> market up 14 points. the market has been selling off going into the close. we are way off of the highs of the afternoon with just a gain of 12 points on the industrial average. >> we will look at that as we go on. in the meantime, show us the dunkin's glazed donut breakfast sandwich. >> wow! >> two glazed donuts -- is that egg white? >> i don't think that's egg white. i don't think so. and you recognize the bacon as well. it's all there, a lot of moving parts and pieces there for you. maria bartiromo. we'll look at that, the recent decline in coffee bean pric
cabelas is the stock to own. >> you can wear your lululemon while hunting. it is a known fact. >> thanks, guys. great arguments on both sides. we'll see you soon. wee appreciate the time. tonight, don't miss the premiere of "america's gun: the rise of the ar-15." brian sullivan will explore the nation's most popular and feared firearm, which is at the center of the ongoing gun debate. that's tonight, 10:00 p.m. eastern, on cnbc. >>> we're really losing altitude...
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here and reporting a 10% stake in lululemon. pull some of its yoga pants that were a little too see-through. >> air bus turning up the heat on rival, boeing. phil lebeau is live in abbe goldstein. >> the manufacturing boom continues here in the deep south. this time it's air bus breaking ground on a final assembly plant. how much will it help the european play maker? we will talk about that when we return. >> thank you >> thank you very much. boeing's arch rival, air bus, breaking ground with a new assembly plant, and there is a lot at stake. phil lebeau taking flight in mobile, abbe goldstein. >> when air bus made this decision, after it lost the competition for a military refuelling tanker plane, that was a huge competition they thought they would win. then they said maybe we should build commercial planes in the united states. 3700 will be connected with that plant here. and alabama's air bus plant and potentially military planes. >> no comparison. up 85% compared to boeing. >> all right. thank you very much. >> mike rice ber
here and reporting a 10% stake in lululemon. pull some of its yoga pants that were a little too see-through. >> air bus turning up the heat on rival, boeing. phil lebeau is live in abbe goldstein. >> the manufacturing boom continues here in the deep south. this time it's air bus breaking ground on a final assembly plant. how much will it help the european play maker? we will talk about that when we return. >> thank you >> thank you very much. boeing's arch rival, air...
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the chief product officer will leave her job at lululemon as a result.ling the pants could cost the retailer $40 million. >> two cousins who have the same birthday all most off to the minute thanks to a brotherly bond. >> they became fathers the very same time and the very same day at the very same hospital. david pierre and his wife went into labor and rushed to the hospital. he texted his brother to see how his wife was doing. >> it turns out that nicholas and his wife were already there. both babies were early. one by a day. the other by nine days. coincidentally, the doctor delivered babies for a set of sisters earlier in the week. >> should be a lot of fun on their birthday parties. you know? barbecues. going to be a blast. >> yeah. >> they're going to have a bond that is closer to brothers than cousin. i'm sure they'll grow up together. very cool. >> convenient to do the hospital visit. basically down the hall from each other. imagine if aunts, uncles, come, walk there, there. get the whole thing done. >> take one bouquet of flowers. let's take a p
the chief product officer will leave her job at lululemon as a result.ling the pants could cost the retailer $40 million. >> two cousins who have the same birthday all most off to the minute thanks to a brotherly bond. >> they became fathers the very same time and the very same day at the very same hospital. david pierre and his wife went into labor and rushed to the hospital. he texted his brother to see how his wife was doing. >> it turns out that nicholas and his wife were...
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lululemon's product officer is leaving the pant.tandards, just at the low end of the threshold. >> the not being see through threshold? >> it turns out they were threshold. lululemon found the testing protocols were incomplete. you think so? >>> okay. how much would you pay for a baseball card? you know, me, maybe a quarter if it came with gum. what about $1.6 million? that's how high the bidding has reached for the honus wagner baseball card. could hit 2 $1/2 million for a baseball card? pretty wear. only 50 wagner cards in existence. this one is in good condition. wagner made the american tobacco company recall it because he didn't want kids to buy cigarettes. so he didn't want his image to be used on something that was pushing cigarettes so he had them recall. there are only like 50 left. >> legendary card. >> bidding ends tomorrow. legendary investment, apparently. >>> big announcement for facebook today. it's expected to unveil a phone, facebook phone this afternoon. rumor is the phone will be made by htg and powered by the and
lululemon's product officer is leaving the pant.tandards, just at the low end of the threshold. >> the not being see through threshold? >> it turns out they were threshold. lululemon found the testing protocols were incomplete. you think so? >>> okay. how much would you pay for a baseball card? you know, me, maybe a quarter if it came with gum. what about $1.6 million? that's how high the bidding has reached for the honus wagner baseball card. could hit 2 $1/2 million for a...
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lululemon, what's going on there? we know what's going on with the pants. >> it's interesting.which he believe is going to be great for the men's business. >> and it's not just me. fay landry said it's a blip on the radar screen. >> we notice there have been a string of shorts on lululemon, some of which became before this latest news. much is driven on just valuations. this is a stock that trades somewhere between 30 and 40 times earnings. at least with the most recent, a lot of new stores they're introducing are not generating sales per square foot they're used to seeing. historically on the 2,000 sales per square foot range. >> there's always some variance. we had five shorts come out the last couple of months. >> it's very straightforward. we have this reciprocity. you have to share research of your own. >> so not just paying to get access. >> we leave the choice whether they were to pay or share research. we can track returns. it allows us to rank our members. it's kind of neat. >> this guy has had good ideas in the past. >> members can review each other's ideas. part of t
lululemon, what's going on there? we know what's going on with the pants. >> it's interesting.which he believe is going to be great for the men's business. >> and it's not just me. fay landry said it's a blip on the radar screen. >> we notice there have been a string of shorts on lululemon, some of which became before this latest news. much is driven on just valuations. this is a stock that trades somewhere between 30 and 40 times earnings. at least with the most recent, a lot...
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lululemon trees growing. more than 30,000 children and parents showed up to enjoy the music, food and a reading of the book chick ka chick kaboom-boom by the president himself. >> all right. chick ka chick ka boom-boom. a told b and b told c i'll meet you at the top of the coconut tree. why said d to e, f, g i'll beat you to the top of the coconut tree. life is meaningless and everyone you love is going to die some day. okay get off my lawn i need a drink. >> jimmy: he's been under a lot of stress lately. understandable. you know, the easter bunny got into trouble this weekend. highway patrol in san diego pulled over a man in a bunny suit for riding a motorcycle without a helmet. what do you say when you pull over the easter bunny? the man said he was on his way to a charity event and late for a very important date and the cop let him go with a verbal warn coming is the right thing to do. it's his day. you can't arrest the easter bunny on easter. what are you supposed to do with that head? you can't use the e
lululemon trees growing. more than 30,000 children and parents showed up to enjoy the music, food and a reading of the book chick ka chick kaboom-boom by the president himself. >> all right. chick ka chick ka boom-boom. a told b and b told c i'll meet you at the top of the coconut tree. why said d to e, f, g i'll beat you to the top of the coconut tree. life is meaningless and everyone you love is going to die some day. okay get off my lawn i need a drink. >> jimmy: he's been under...
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. >> lululemon. why not. >> that does it for us. >> we have breaking news in washington, boston and apple falling below $400. ty is off. >> the markets are really taking it on a chin. take a look at the nasdaq really getting beaten up. just above 400 bucks a share. before we dive into that, let's get right to amonday jabbers on capital hill. >> they have given the all clear from the suspicious package incident incidents. they have that office and that hall way closed down for a little while. they had that area closed off and gave an alert to staffers not to go there. a granular substance that tested positive for rice and also down at the white house they have confirmed that they received a letter at the white house mail processing facilities. >> there was a letter sent to addressed to the president that at a off site mail facility. it was noted to have contained a suspicious substance and tests were undertaken. the fbi has a lead in that investigation, of course. and has said in its statement that th
. >> lululemon. why not. >> that does it for us. >> we have breaking news in washington, boston and apple falling below $400. ty is off. >> the markets are really taking it on a chin. take a look at the nasdaq really getting beaten up. just above 400 bucks a share. before we dive into that, let's get right to amonday jabbers on capital hill. >> they have given the all clear from the suspicious package incident incidents. they have that office and that hall way...
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. >> i understand there's a follow up to lululemon? >> yes, chief officer is out of a job today.y were too transparent. >> lululemon is announcing other changes. including stricter testing. the company is taking some of the responsibility saying that the faulty fabric did meet standards but just at the low end of the threshold. they will place employees to monitor manufacture standards and educate them. >>> coming up in the newsroom, we started with 68 teams and now we're down to the final four. the ncaa finals are here saturday in atlanta. we'll talk about it. white marks or worries. saturday in atlanta. [ female announcer ] it works as hard as you do... to outlast your day. [ man ] action! wow! [ female announcer ] secret outlast clear gel is better than the next leading invisible solid on white marks. secret outlast clear gel. is better than the next leading invistrust your instinctsmarks. to make the call. to treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiro
. >> i understand there's a follow up to lululemon? >> yes, chief officer is out of a job today.y were too transparent. >> lululemon is announcing other changes. including stricter testing. the company is taking some of the responsibility saying that the faulty fabric did meet standards but just at the low end of the threshold. they will place employees to monitor manufacture standards and educate them. >>> coming up in the newsroom, we started with 68 teams and now...
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with some of the higher value in stocks such as lululemon comes down. >> 10% to 13% refer knew growth and 7% square footage. kind of hard to pay. >> this is the best player in a not so great industry. longer term, the other supermarkets figure out the whole foods formula, more packaged brands, nicer stores. the advantage shrinks. >> i guess my point is you guys are notal out worried when you see a 52-week low on a stock like this, as this has anything negative to say about the high end consumer. i would come back at you and say, well, look, williams-sonoma what knocked the ball out of the park. >> right. >> okay. >> you've got the high end continuing to survive. purely a case of value yation. the story is starting to ebb a little bit. >> aspect of law of numbers. it's been growing for years and years and years. >> if you want to talk about high-end consumer look at the high-end auto companies. last week all of them posted double digit growth. i don't think it's a high end issue at all. >>> macy's and jcpenney's back in court today after the martha stewart line fight. courtney reagan h
with some of the higher value in stocks such as lululemon comes down. >> 10% to 13% refer knew growth and 7% square footage. kind of hard to pay. >> this is the best player in a not so great industry. longer term, the other supermarkets figure out the whole foods formula, more packaged brands, nicer stores. the advantage shrinks. >> i guess my point is you guys are notal out worried when you see a 52-week low on a stock like this, as this has anything negative to say about the...
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best buy and the fallout from see-througho ba pants at lululemon, the retail drama of the first quarterl carry into the second quarter. courtney reagan has been checking out the circular and looking ahead. >> in the retail sector in the quarter ahead, it does start later than many other sectors, but looking ahead, deutsche bank expects continued economic improvement for target, macy's and nordstrom. wall street st waiting to see if jp penny will turn around. and while analysts believe normally colder weather has made for a challenging start of spring, retailers may made up sales lost to the influence of mother nature. that's your channel check. for cnbc, i'm courtney reagan. >>> jeffrey durat wants to remain private longer. toys r us has pulled its ipo citing unfavorable market conditions and a leadership position. the retailer, which first postponed its ipo in 2011 continues to struggle with weak sales. jackie deang his has be anan ad tracking this market. >> before we look at where we're going, sometimes it helps us to look at where we've been. we saw 31 ipo deals. that was according
best buy and the fallout from see-througho ba pants at lululemon, the retail drama of the first quarterl carry into the second quarter. courtney reagan has been checking out the circular and looking ahead. >> in the retail sector in the quarter ahead, it does start later than many other sectors, but looking ahead, deutsche bank expects continued economic improvement for target, macy's and nordstrom. wall street st waiting to see if jp penny will turn around. and while analysts believe...
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lululemon is dropping. >> it's a high valuation name.was growing at higher than usual growth rates, but now growth is accelerating. they've had this sheerness problem with their pants. so technical basis, the think the stock got rejected at the breakdown level. >> give me the read on cgate. >> i'm a big fan of the sheer. up 11% today. 2% pullback. related to f5. concerns in the technology base. this name is cheap and gives you great yield. >> yum brands is dropping. >> because of the concerns of bird flu over in china. as it was the last time when yum gets hit it presents a buying ton. they announced today, judge, kentucky fried chicken, boneless chicken coming out. >> cnx. dr. j.? >> along with caterpillar, gold miners, silver miners. gold trade taking off today. up 3.5%. i think it continues because people are picking up the trash today. >>> coming up on the "half" from post nine, who's in the hot seat today? calling out one of our own for their losing trade. >>> lessons from grandma. mike santoli tells us why grandma's portfolio may b
lululemon is dropping. >> it's a high valuation name.was growing at higher than usual growth rates, but now growth is accelerating. they've had this sheerness problem with their pants. so technical basis, the think the stock got rejected at the breakdown level. >> give me the read on cgate. >> i'm a big fan of the sheer. up 11% today. 2% pullback. related to f5. concerns in the technology base. this name is cheap and gives you great yield. >> yum brands is dropping....
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stuart: i'm going to talk about lululemon's chief products officers leaving the company about the see-throughren still there. where did it open. >> down 1.5% and rbc cutting the price target, 270 from 80, and also because that chief product officer has been with the company since 2008. she's resigning, we don't know exactly why. speculation is that sheer pants problem is a very big problem. stuart: and i just don't know whether that's good pr or bad pr from the consumer's point of view. it's probably bad news for profits down the road, but i'm not sure about the look of the see-through pants. hold on a second, let me do this. facebook has got a big announcement today coming up at 1 p.m. eastern to be precise. here is the speculation, what exactly is facebook going to do? many courses point to a new home screen on an android smartphone. in other words, you turn on your smart phone and up pops facebook. do you want that? the announcement comes at one o'clock eastern. netflix, big loser yesterday. time warner is going to start its own streaming service. the direct competitor to netflix, and it's
stuart: i'm going to talk about lululemon's chief products officers leaving the company about the see-throughren still there. where did it open. >> down 1.5% and rbc cutting the price target, 270 from 80, and also because that chief product officer has been with the company since 2008. she's resigning, we don't know exactly why. speculation is that sheer pants problem is a very big problem. stuart: and i just don't know whether that's good pr or bad pr from the consumer's point of view....
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no, he's right though... . >>> want to take you to shares of lululemon.pany as they gave an update on a march announcement that it was recalling the pants that were unacceptably sheer. shares up a little more than a percent. not the best levels of the session. interesting to watch. rbc did cut them to sector perform. their price target is now $70. speaking of retail. it's been a rough road for jcpenney zins rod johnson took over. they are hoping diamonds and pearls can change all of that. one of the designers for the new jewelry line will join us after the break. plus the bell is about to sound across europe. we'll talk about what their close may mean for us this afternoon. back in a second. >>> about 40 seconds until we close europe here. shares falling sharply in the afternoon trade after those comments from mario draghi, curbing investor sentiment. the uk market falling the most today. the ecb keeping the benchmark interest rate unchanged. draghi telling a press conference the ecb cannot replace the lack of capital in europe's banking system and cannot
no, he's right though... . >>> want to take you to shares of lululemon.pany as they gave an update on a march announcement that it was recalling the pants that were unacceptably sheer. shares up a little more than a percent. not the best levels of the session. interesting to watch. rbc did cut them to sector perform. their price target is now $70. speaking of retail. it's been a rough road for jcpenney zins rod johnson took over. they are hoping diamonds and pearls can change all of...
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cheryl: one of your picks, you talk about lululemon, amazon. thank you very much.nue to watch your ppcks. >> thank you, cheryl. cheryl: and 97% discount, that is what macy's was accidentally offering on a necklace. the company sent out a catalog offering $1500 necklace for $47. customers flocked in to the store and were able to buy the necklaces before the retailers realized they made a mistake. take a look at the stocks, $41.48 for macy's. coming up, i will go one-on-one with california pizza kitchen ceo. how the landscape has changed and taking a pizza chain private that was just a year ago. and going after the $8 billion dairy industry. taking a look at the california cows in my west coast minutes. and a look at the 10-year treasury. we will be right back. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year l
cheryl: one of your picks, you talk about lululemon, amazon. thank you very much.nue to watch your ppcks. >> thank you, cheryl. cheryl: and 97% discount, that is what macy's was accidentally offering on a necklace. the company sent out a catalog offering $1500 necklace for $47. customers flocked in to the store and were able to buy the necklaces before the retailers realized they made a mistake. take a look at the stocks, $41.48 for macy's. coming up, i will go one-on-one with california...
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sherry walston, a particulars temperature of the company's conference calls has been with lululemon says 2008. it's stationing employees at its supply factory to test and monitor its product. frankly, the writing there is a little too opaque for me to read. >> and i'm surprised you didn't change the terminology because i know we need to go with trousers when we're on this side of the atlantic. >> well, yes, because sheer pants are sheer underwear. >> learned that one the hard way, as well. >>> trouble seems to keep on finding carnival cruise lines. high winds have caused the crippled triumph carnival ship to break free yesterday morning. the ship was brought there after a fire. it has since been moved to a terminal, but more troubles for the company. >> not great. >>> u.s. futures are point to go a rebound a day after stocks suffer their worst hit in a month. we'll preview when we come back. >>> the ecb delivers its policy decision today against a back drop of renewed fierce in the eurozone. jules is at the station in frankfurt. jules, take the french composite pmi today, jurp just under
sherry walston, a particulars temperature of the company's conference calls has been with lululemon says 2008. it's stationing employees at its supply factory to test and monitor its product. frankly, the writing there is a little too opaque for me to read. >> and i'm surprised you didn't change the terminology because i know we need to go with trousers when we're on this side of the atlantic. >> well, yes, because sheer pants are sheer underwear. >> learned that one the hard...
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the chief product officer will leave her job at lululemon as a result.>> two cousins who have the same birthday almost to the minute thanks to a very unusual brotherly bond. >> they became fathers the very same time and the very same day at the very same hospital. david pierre's wife went into labor and was rushed to the hospital. he texted his brother to see how his wife was doing. >> it turns out that nicholas herrera and his wife were already there. both babies were early. one by a day. the other by nine days. coincidentally, the doctor delivered babies for a set of sisters earlier in the week. >> should be a lot of fun on their birthday parties. you know? barbecues. going to be a blast. >> yeah. they're probably going to have a bond that's closer to brothers than to cousins because i'm sure they're going to grow up together. that's very cool. >> convenient to do the hospital visit. basically down the hall from each other. imagine if the aunts and uncles have to come, just walk right there and there, get the whole thing done. >> take one bouquet of fl
the chief product officer will leave her job at lululemon as a result.>> two cousins who have the same birthday almost to the minute thanks to a very unusual brotherly bond. >> they became fathers the very same time and the very same day at the very same hospital. david pierre's wife went into labor and was rushed to the hospital. he texted his brother to see how his wife was doing. >> it turns out that nicholas herrera and his wife were already there. both babies were early....
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but lululemon says its chief product officer will leave the company, the announcement coming as the firm gave an update on the march announcement that it was recalling yoga pants that were unacceptably sheer to some people, apparently. the shares, whoa, whoa, lebeau. the shares were down. >> good morning. >> look, he's got sheer yoga pants on, too, to drive the -- oh, man. whoa. whoa. you been doing squats? you've been working out. you look good. >> you chase people away from the sets. >> looking pretty good in these jeans. >> phil is going to be with us on set today. he's joining us on the set from 7:00 to 8:00 a.m. eastern time. >>> in washington news, the gao is expected to release its report in political intelligence on that industry today. the front page story in the "wall street journal" says the political intelligence agency drove the jump in health insurance stocks on monday. height securities predicted that the obama administration would eliminate planned cuts in payments to insurers running medicare plans. now, that policy change was announced 35 minutes later pap height execut
but lululemon says its chief product officer will leave the company, the announcement coming as the firm gave an update on the march announcement that it was recalling yoga pants that were unacceptably sheer to some people, apparently. the shares, whoa, whoa, lebeau. the shares were down. >> good morning. >> look, he's got sheer yoga pants on, too, to drive the -- oh, man. whoa. whoa. you been doing squats? you've been working out. you look good. >> you chase people away from...
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the consumer seems to like the fact that netflix and lululemon care about them. reid hastings at netflix switched gears and they said they don't like me right now. i want love. >> love! >> and he got love and love means higher stock price. >> let's talk a bit about a lower stock price which has been apple for the last seven months or so. wall street bracing for the big earnings event of the day and that will be the after the bell results from apple. shares of the company are down 43% since the september highs. that's what a loss of $290 billion in market value. analysts do expect the iphone maker to post its year over year quarterly earnings decline in a decade in the wake of the competition from the like of samsung. for both fiscal q2, current quarter, do we get any word about future products? so many questions. >> i think it's the latter. >> it's going to be ten, but it's going to be 9 and we have to get away from this quarterly analysis of apple. what we need is them to say we have a killer new device. you'll never look at samsung again. that's not going to ha
the consumer seems to like the fact that netflix and lululemon care about them. reid hastings at netflix switched gears and they said they don't like me right now. i want love. >> love! >> and he got love and love means higher stock price. >> let's talk a bit about a lower stock price which has been apple for the last seven months or so. wall street bracing for the big earnings event of the day and that will be the after the bell results from apple. shares of the company are...
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. >> monique lululemon?an usual with a sheer lace panel over other dell dell -- her banks are long enough to be swid swept. to be side swept. >> i like the original blunt fringe. >> stephanie: i do not. i think they look better now. they're a little -- a little sweepy. not like a bad comb-over. like a sexy swid swipe, side sweep. >> did you just call the first lady sexy? >> stephanie: yes! she is. she's hot. the president. at the white house correspondents' dinner again. >> obama: i'm also hard at work on plans for the obama library and some have suggested that we put it in my birthplace but i would rather keep it in the united states. >> stephanie: she how he takes what they do and makes it funny. uh-oh. >> i'm guessing dennis miller isn't writing for him. >> obama: cnn has taken some knocks lately. the fact is i admire their commitment to cover all sides of the story, just in case one of them happens to be accurate. >> stephanie: oh! ouch! snap! >> no one laughed at the cnn table. >> stephanie: i'll probab
. >> monique lululemon?an usual with a sheer lace panel over other dell dell -- her banks are long enough to be swid swept. to be side swept. >> i like the original blunt fringe. >> stephanie: i do not. i think they look better now. they're a little -- a little sweepy. not like a bad comb-over. like a sexy swid swipe, side sweep. >> did you just call the first lady sexy? >> stephanie: yes! she is. she's hot. the president. at the white house correspondents' dinner...