macy's, macy's bought 3.4% ahead. macy's bought back a lot of stock. and terry was on the show, saying, hey, look things are good. people pretty much ignored him. i like his comments. >> they're very optimistic. so optimistic on the call said that he's entering a fall season with optimism about the about to grow sales and capture markets. also, mentioned the holiday season, they're talking about the thanksgiving parade in august. they're already talking about thanksgiving. of course, black friday and the beginning of the holiday shopping season. >> i liked everything that he had to say. i think he's a little bit defensive on the stock. he's buying back stock, i think that matters. priceline is very european. mcdonald's, again, i didn't like the number. i thought that the stock was too high. i do see that there is a trade going on, again, which is -- after a few days of where the domestic security really didn't matter, i suddenly believe, watch first jenergy of all companies. i think that will be okay. multiple downgrade. it will be okay. >> hp, headlin

a judge has ruled against macy's. macy's had filed a lawsuit to jcpenneys.e general motors is using so- called stairstep programs to get awards to dealers who failed to reach thresholds'. edmonds is forecasting strong sales. heavy campaigns running during the olympics. a boost to retailers gap and macy's but not enough to pull stocks higher. the bloomberg maryland index fell on heavy losses for cnn corp.na most colleges and universities are not prepared for the heavy internet traffic expected at their network as students and faculty often have a competing needs. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> 6:22. maybe the ravens should have ended the preseason last week. we have highlights from the exhibition finale. >> here is a look at last night's winning maryland lottery numbers. but it'll become so much more. a new world-class resort casino in maryland. two thousand construction jobs to build it. four thousand permanent, good-paying jobs when it's done. hundreds of millio

i also caught up with grammy award winning artist macy gray, distinctive voice, distinctive look.all right. she just keeps proving that there is more to her than just the label musician as if that were like, you know, something small. anyway, you'll hear what's next for her in our one-on-one. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. ntgomery and abigail higgins had... ...a tree that bore the most rare and magical fruit. which provided for their every financial need. and then, in one blinding blink of an eye, their tree had given its last. but with their raymond james financial advisor, they had prepared for even the unthinkable. and they danced. see what a raymond james advisor can do for you. >>> you probably recognize her one

macy's, terry is doing a great job. m is one of my favorites. i do like nordstrom more.ionalertsplus.com has aig. it's been a major league tear. ♪ hallelujah insurance, apple. come on. what can i say that i haven't said already tonight? bank of america, i'll say this. it's a bank. scott's miracle-gro are on my bad list. they came on, blew up, blew up, blew up. i may have to switch what i use on my tomato plants. that said, it is a company involved with gardening. gardening, bank, retail, insurance, tech. if someone had another stuff to put on the tomato plants i would take it. that's the problem. in the end maybe i'm the only guy still using it. okay, there. we do that, bingo. now to tyson. no relation to tyson foods. tyson! >> caller: boo-yah, jimmy. i love you on the morning show "squawk on the street." >> what's not to like? i have pointers, too. that's what i call an ensemble. >> caller: i would love to be on that show someday. i bought your book "getting back to even." the only thing i don't have is a signed copy of the book. my five stocks are google, boeing, starb

and it's not -- you can't look at it in a vacuum, because you have macy's, kohls, tjx, gap, everybody else trying to attack and do as much as they can. and stealing their market share. and they're not going to give it back easily next year or the year after. so i think there's a lot of work. to pursue ron johnson's vision, it's real radical and, you know, whether or not the 10% chance of success, five years from now, that's probably how i would categorize it. >> scott, i'm sorry, my ear phone went out. can you just repeat everything he said? >> no, it sounds like a longer way of answering my question with a no. i mean, you're not -- you don't really believe in a strategy, but that's here nor there. brine kelly, you have a question? >> you know where the market share is going to. where is it coming from? what don't you like in this market and what would you short here? >> i think the biggest market share contributor is really the likes of the jcpenney. it's -- they are giving up $4 billion in sales which is a huge number. when you look at $4 billion, you have really got to look at urba

. >> from high end luxury to household names like macy's, we've seen macy's and kohl's report better than expected for their quarters. what about the back to school season. >> the national federation is predicting a strong back to school. but we have to temper the optdimism with the fact that consumers are looking for value, promotions and sales. >> thank you for joining us. >> thank you, ruben. >> tom: while the nation's retailers focus on back to school sales, investors will be looking to see if changes at j.c. penney are making the grade. the embattled retailer reports quarterly results tomorrow, we'll see how its doing with its latest strategy: "shops within a store", similar to what you'd find at higher-end department stores. j.c. penney is expected to post a loss of $0.25 a share, that's down from a profit of $0.07 a share in the same period last year. >> susie: and now an update on housing, and issues facing homebuyers. a string of fresh reports today, gives a mixed picture on housing: mortgage delinquencies rose in the second quarter: 7.5% of all mortgages are past due. mortg

it's different from what you saw from macy's. clearly online sales are moving higher but yet the price performance is different. it's moving lower. in the case of gap, urban outfitters, these are names you want to stay in. >> i missed gap completely. i'm not going to get there now. it's a retail. stick with the bones of the retailer rather than trying to remake it completely. nordstrom, i do own norm strom and i think it's great story. they've got their own niche in the store and saks has 40%. that's going to add to the story. >> i had din were a college student who said, i love the gap. i haven't heard in in so long. stephanie, you're the only other female. i walked by the store and thought, wow, more khakis and t-shirts. they look hipper. >> a lot of companies are getting very right we have been playing coach which didn't get it right. but i think they're going to. they have a new legacy line. you've got to take a look at it and they're focusing on the men'ses by and they're going to grow that business. if you can get the merch

you have the bed bath & beyonds, macy's at 10%. adulent. with four to $5 billion in cash on the balance sheet. >> okay. macy's and bed bath & beyond exposed to the consumer. we talk about the fiscal cliff a lot here. you don't sound like you're concerned about the consumer or the likelihood of a recession. >> i'm concerned about the consumer slowdown but the market is a discounting mechanism. you could not buy these companies for 10% free cash flow yields and 9% free cash yooelds, grow 5% unless there's concern so what usually happens if that concern comes true, you lose less money than in an amazon. >> bob, we are all about full disclosure here on cnbc. are you shorting amazon right now? do you own any of the stocks you mentioned like adulent? >> we own all three. owned bed bath and macy's for a while and did it on cnbc last year at 19 and basically we are not short amazon. i don't get in the way of a snowball but it eventually stops. >> what makes it attractive? >> cisco is doing what they're supposed to do. spending the money in the righ

my question pertains to macy's. how do you view momentum going forth from this point and compared to nordstroms? >> yeah. i don't know. you kind of lost me with that phillies thing. nordstroms had a good quarter after the bell. it was better than the phillies. more like grace. but i got to tell you i think macy's is cheaper than nordstroms and i want to buy macy's on any weakness. you know, did you have to hit me with the phillies? bad enough. haters are going to hate. but why would people hate this rally? i mean look. it's not some team that you hate because they beat your team. it's a team that maybe you want to think about joining. "mad money" right back. >>> coming up, power position? american electric has surged over 20% in the past year. tonight cramer sits down with the ceo to find out if this play of the domestic electric grid could keep you fully charged in the event of a european induced blackout. and later, fueling the recovery? energy prices have been on a rollercoaster ride in 2012. tonight cramer is lo

i still like macy's better and kohl's and walmart and nordstrom's.utting my money in, i put it there but do i think they're going out of business? no, i don't. >> they're still very high short interest in the stock. >> very high. >> would you say? >> i don't think that's going to change because i think there are enough people concerned about liquidity they think it could be a $15 stock and when it's at 22 they're playing that game. i personally thought at 19 it was down to where you ought to just 23figure to sit and see wh happens. then make a decision when i see the results. >> okay, jan. stay right there. we want the look at the oil import and back to school season for retailers. courtney reagan has it for us. my kids won't be back for another month and i have to buy stuff for them? >> others are putting it off. there are a few undeniable truths, kids growing is one of them. this year retailers are trying to win back to school shoppers on or offline and this year especially challenging for the specialty retailers. citi analyst expects the softest b

. >> nordstroms, i would even put macy's in that category. that's top 10% of the customers, top 10% of the population. that customer has been very little effected by the economy. if you look at the broad base of consumers, if you have a college education or better, you're probably -- we're probably adding jobs there. if you have high school or less, that's where the big, big problem is. so that's -- and i really worry about how we get those people back into the workforce. but thersan enormous -- you see kids getting out of college now even, they can't get a job like we used to get them in the past. if you're 29 under, i think that segment of the population is hard hit. if you're middle income, $50,000, which is around the penneys average family income, you have to work very hard to get value to that customer or new product that entices her in to shop. she's shopping -- she's shopping more for need, not for want. >> put your ceo hat on again, if you would, for me. would you be hiring today, and if not, why? >> well, i think you would be hiring

as evidenced by lauren sales and macy sales. you mention priceline, people are not traveling. we see evidence that the consumer, these are all companies that republic the american and the global consumers and they are cutting back. even when we are supposed to be in a recovery. >>stuart: can you make a value judgment and say we are on track to recession? or simply more evidence of slowing down? >>guest: we are a consumer-oriented society. the retail industry

macy's and gap did. is there any concern that perhaps the economy is not as good a reason for some as others for the slow down? >> we are not a company that will blame outside sources typically. we don't like talking about the economy. it looks like it is a general slow down. the beauty of our model, though, a lot of examples you gave are companies that charge higher prices. the beauty of chipotle is we source these much higher quality ingredients. we have the ability to charge higher prices but we don't. we charge about the same as other restaurant companies in the fast casual arena. the reason we do that is we want to be accessible to everybody. we want people to be able to enjoy a meal at chipotle. our prices are quite affordable. we have moved into secondary trade areas and markets that are smaller or medium sized and moved some of our open restaurants in smaller towns where the incomes are average or maybe a little bit below average. we have customers that are sensitive to the economy. so we think t

macy's strong cost cuts, but a disappointed outlook for ral oflauren. it closed 1.1%. >> thank you, we'll take a short break, stay with us on this packed edition of the "closing bell." ♪ >>> coming up, what's all this. the brits are in a snit over the latest banging scandal saying the u.s. is conspireing to make their banks look ghastly. and is the merge between u.s. air and american a good thing or are passengers in for a bumpy ride? and looming disaster. retailers warning if the fiscal cliff is not promptly addressed it could be curtains for the industry. this is $100,000. we asked total strangers to watch it for us. thank you so much, i appreciate it, i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money ? if your bank takes more money than a stranger, you need an ally. ally bank. no nonsense. just people sense. >>> welcome back, who is getting more heat, standard charter for hiding hundreds of billions of dollars in illegal deals with iran, or new york's banking regulator. steve leisman with this inter

macy's a good number. no one ever thinks dillard is back. they have tahari.y had doing some really special things. they have upgraded. those who remember the dillard's of old like i do, it's not your father's dillard's. >> retail is been confounding lately because of the mix of good and bad. >>> get ready for another big day of trading. "squawk on the street" back in just a moment. [ "the odd couplee playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where if you total your new car, we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. [ tires squeal ] and if you get into an accident and use one of our certified repair shops, your repairs are guaranteed for life. call... to switch, and you could save hundreds

kohl's versus macy's. sometimes there isn't pin action which is why i keep my pin sounds on. you can't extrapolate from one company to the rest of the industry. that's frequently the case when they are one of the losers. [ booing ] it happens in every industry. it's not just tech stocks that ride behind others in the sector when the ball drops. when avon faltered even when herbalife and tupperware flourished they said it was the business model. they were hitting the ball out of the park and avon was stinking it up. procter & gamble said the world was rebelled from high priced products when colgate was running circles around it. we saw it in fast food. wendy's saying the consumer can't afford a hamburger today but it could tomorrow when mcdonald's said it was selling them by the billions. supermarkets, safeway and super value say the consumer was moribund. costco stole shoppers away. when a company with a bad track record blames poor performance on a tough environment, it's probably just making excuses. not telling you something that applies to stronger competitors which are l

macy's nortstrom, or walmart?t usaa, we believe honor is not exclusive to the military, and commitment is not limited to one's military oath. the same set of values that drive our nation's military are the ones we used to build usaa bank. with our award winning apps that allow you to transfer funds, pay bills or manage your finances anywhere, anytime. so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. >>> just before the break, we asked which company's stock has risen the most this year. now the payoff. macy's, which has advanced about 25% year to date. >> we have certainly been highlighting that friday could be a big day, all eyes focus on ben bernanke and his speech in wyoming. ahead of that the baig book data did little to motivate investors. >> is it really all about qe 3 and the odds of another bailout. it is all about tried and whether or not they say anything. >> the job less claims are near postrecession flow, and the dat is is coming i

macy's claims they have an contract that goes through 2018. j.c. penney has commented on the case. firefighters out west are intensifying their efforts to a series of devastating fires. from california to washington state. tonight they allow for a attacks against the fires. they had restricted operations, just a light for safety reasons. >> that was on fire. was on fire. we literally were running for our lives. tammy thomas cannot believe quickly flames raced across her neighborhood. was bared but her neighbors lost everything. was really about making did not get anybody killed. >> more evaluations were ordered monday night. houseant to know, is my still standing? scenario is playing out all out west. it is the worst fire season in 10 years. 60 large fires have burned more than 1.4 million acres in 12 western states. is a lot of potential for fires. be hot today. >> extreme heat and drought have t difficult for fire crews to their limits. >> we have to stretch our assets the priority.n clucks military helicopters have fight in san diego been more homes have evacuated. >> that is a

you being very loyal to the macy gray that first came on to the scene.ry of hollywood whether it's music or movies. is there a secret behind how you're able to hold on to that? >> i really don't know any other way. that's the first time i ever even thought about it. you know, i just -- i love what i do. and i really don't know how to be anyone else. you know what i mean? >> we're glad she is just who she is. besides working in music and film, she's also an activist. she recently performed at st. jude research hospital. that's going to do it for me. have a great week. much more of the newsroom straight ahead. straight ahead. have a good evening -- captions by vitac -- www.vitac.com . a mighty machine, and plain old ingenuity to go where no fifth grader had gone before. ♪ and she flew and she flew, into the sky and beyond. my name is annie and i'm the girl who dreamed she could fly. powered by intel core processors. ♪ powered by intel core processors. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite

the magazine wants folks to support starbucks and other businesses including delta and macy's. >>> legendary composer marvin hamlisch passed away. he had a long list of hits. he also contributed songs to broadway shows. before his death he had been working on a new musical and was tapped to write the musical for the upcoming film about lib ber rach which i. he was 68ed is survived by his -- 68 and survived by his wife. >>> does your ride make the list of top five popular cars to avoid? lost baggage by your airline can ruin a trip. how airlines are step being up their game to get you your bag on time. >>> extreme heat and drought are affecting people all across the country. find out the impact it's having right here in maryland. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-actin

macy's says it has an exclusive agreement for that product line.hey say jc penny's is trying to take millions of dollars in sales. >>> facebook stock is selling at an all-time low. it has sole for $38 -- it has sold for $38 a share when it went public back there in may. it is costing facebook ceo mark zuckerberg a lot of money. yesterday his total worth was down $600 million because of the lower stock price. but again don't feel too bad for him. he's still worth $10.2 billion. >> oh really? >> so you know. probably doesn't have to cut back on the vacation. >> probably not. >>> time now 5:51. a bay area family stunned by an attack on a very unusual family pet. the search on who would hurt this animal and why. >> dozens of riot police take over the streets of tampa, florida. the big event they are gearing up for. >>> good morning, to you. happy friday. partly to mostly cloudy skies expected for your afternoon. and temperatures slightly cooler than yesterday. 50s to low 60s right now. 60s at the coast. low 90s for some of our hottest spots inland. >>>

everybody likes to ask about cliniq u e if you go into a macies, you'll see the lab white coats and scientifically presented. it is the same set of chemicals packaged with a different marketing program. disturbing some of the women of color are among the most toxic. women are bombarded with light skinned looking models. every product claims to have a whitening benefit. here is an example of one of the ads that you'll see in china, procter and gamble, high end line sk 2, hugely poplar, this product was the cause of near riots in china in 2006 after the government reported it contained, band heavy metal. hundreds of women demanding refunds lined up down the block. here is an example of them busting down the headquarters in shanghai. women do not want toxic bad metals. in their $100 skin cream. unfortunately, the government and procter and gamble was freaked out about this. then it was announceable, just a little bit of toxic metals, don't worry. they put the products back on the shelf and back on the market. china is the no. 1 growth market for procter and gamble. have quotes where she says china is

in addition to starbucks, delta, macy's, southwest airlines and target were included in this. >>> we landed on mars, and now we have a medical story to tell you. you can put on a helmet to shrink your brain tumor. this is an amazing story from our linda so. >> there's an hart to savings -- art to savings when it comes to school supplies. >> on the weather front 87 at bri. 86 is -- bwi. 86 is normal. congrats, christopher. you're going to get an abc2 storm umbrella. when we talk about, we'll see if the rains will stay south. you clan look at them by -- can look at them by downloading our app. we're back in a couple moments. >>> we're keeping you updated on the breaking news, ritchie highway. we had a tractor-trailer overturned and it's causing a big traffic headache. recount recount police said the trail -- anne arundel police said the trailer separated from its load and spilled. it's shut down between east and west between jumpers hold road. you got to be very careful. stay away from the area if you can tonight. >>> listen. you may not know this but your brain works a lot like tv's a

macy's may be suing j.c. penney over the right to use martha stewart products.this has mainly to do with cook where. j.c. penney is seeking to revive sales, and has a 17% stake in martha stewart's company. how many are anticipating the release of the iphone 5? in china, you can eat one. i will explain, coming up. >> are right. thank you. we will see you shortly. 72 degrees on this friday. >> still to come, learn what the district is doing in hopes of preventing widespread outages [ male announcer ] do you support work forelfare? barack obama has a long history of opposing work for welfare. "i was not a wild, huge supporter of the federal plan that was signed in 1996." [ male announcer ] on july 12th obama quietly ended work requirements for welfare. you wouldn't have to work and wouldn't have to train for a job. mitt romneyey strongly believes work must bmue part of welfare. the romney plan for a stronger middle class: it'll put work back in welfare. [ romney ] i'm mitt romney and i approve this message. >> in the aftermath of storm- related power outages a new

the famous enorm olympics macy's building. we do believe it to be a man, eight other people have been injured in and around the building itself. we have nbc's lester hold. we do know that the police presence in this area was quick to respond, and they've also been convict to corden off the area. jeff rossen was reporting multiple crime scenes, but obviously a lot of witnesses to talk to. >> reporter: and getting the witnesses together will be difficult. obviously you hear -- and then i got here shortly after, and police were pushing back, you know, creating a barrier, if you will, around the scenes. they're out there now with their measuring tape, beginning to collect the evidence together, because this is a sprawling crime scene. they wanted to push everybody back and get a hand on it. some are xwashl wanting to get to work, but they're told it will be a while. word has certainly spread through the crowd there shalls some sort of shooting. fbi, atf is on the scene. anytime involving a building like this, that is a prime terro

kohl's, it's only raining on their side of the street versus macy's.ou can't assume all companies in the same industry are equivalent. sometimes there isn't any pen action, which is why i keep my pen sounds. you can't extrapolate one company's results to the rest of the industry. that was frequently the case when that company is one of the losers. hey, it happens in every industry. it's not just tech stocks that hide behind other sectors when the ball drops. avon, when its business faltered, even direct sellers flourished, they were talking about the business model not being any good. that's great tupperware and her ba -- herbalife hitting it out of the park. we saw this phenomenon pay out in fast food. wendy's saying the consumers can't afford a hamburger today, but it could tomorrow, the day when mcdonald's told us they were selling them by the billions. safeway and super value keep complaining the consumer was moribund while costco stole food shoppers away from traditional supermarkets. when a company with a bad track record blames poor performance

if you holding out for macy's family friend sale, you're out of luck. don't waste your money. >>> i guess you can say it was a homecoming of sorts for the baltimore ravens. >> steve machado decided to bring his club. >> reporter: the aarons were making dreams come -- ravens were making dreams come true. this practice was the next best thing. the seats may say go navy but these people are here to see somebody else. and jenny obviously isn't the only one. ravens fans like her, packed the stands to see the players up close and personal at a free public practice. >> maybe not as big as some people. i think it's fantastic. you're closer than you ever imagine. >> reporter: things like the prize 6-year-old alexis is leaving with. alexis may not know but her dad walter, a ravens fan who drove in from york, pennsylvania certainly does. >> just exciting to get a football. chance of a lifetime. she'll know in a couple years. >> reporter: realize that the man who owns the team she already loved, gave her a gift even better than the one these fans are getting. they

if you are downtown in an office building or shopping at macy's, do you run in the middle of the street? no. you stay where you are. how much time do you have? seconds. you have to make a decision within seconds. if you run to the street what will happen? >> get hit by a car. you have windows, glass to fall on you. high rise. if you know where you are, stay there than to go somewhere you don't know what's there. once it's shaking between 30 seconds to a minute and once it's over, things will fall and tip over. give it time to move around. of course, if there is danger coming to you, you want to move. so, picture these buildings. against the wall. will i go behind this wall? lean against it, cover my head? no. the pictures frames. if they come off and hit me on the top of the head, more injuries. be aware of that target. look behind you before you lean against the wall. sometimes wrong place at the wrong time there is no way to get down this way. try to find a [inaudible] place if you can. get next to something that's sturdy that will block up against you. how much time do you have? shor

continuing spending in august, with better than expected sales at ranges of outlets, including target, macy's as well. >>> and still, stocks fell regarding gas prices, sears fell almost 8% after the company learned it will be removed from the s&p 500 index. and chemicals maker replacing sears rose almost 4%. pandora media search, raising 4%, elsewhere, the world bank says that drought in the united states and eastern europe pushed food prices around the globe up 10% in july. >>> and finally, marking his 82nd birthday thursday, warren buffet pledged half of his shares to his three children's charities. >>> and in health news, a new study showing that a low calorie diet may boost health but doesn't necessarily prolong life. in a study, monkeys who ate fewer calories lived the same amount as those who ate 30% more. that study looks into the monkeys on restricted diets. and for other news, you can check out the health page on msnbcnews.com. and gang green finally seeing the goal line, and a surprised retirement for a tennis great. plus, baseball's giants, and you're watching "first look" on msnbc

so, macy philip homeless went interesting is, to be to find out all the ways that is different.this mission is showing a difference in assets and the pocket protectors of early missions john back makes nasa videos. the coolest and smartest people that i know. i've seen the blood sweat and tears. i've seen the night of the landing and his stars and stripes small hawk had made him an internet start complete with the marry me bill that twitter page. i want to get a divorce and mary them all hot dude reads one. a fun kid comes up to me and says it is not meant to be an immediate threat to be a part of nasa to that would be the most rewarding experience for me as a curiosity in assets promises a color photo and the next few days. bill whitaker cbs news pasadena. a pet co. and starbucks could make payments cashing of the pass. the latest in consumer convenience. the democrat credit card and home starbucks is aiming to make your daily copy break-even cracker and all you need is your smart phone. >>> stevens has work to the son of some embarcaderos since it opened around five months ago

macy's says the deal is a breech of contract, because it has a deal with options to exclusively sell the line through 2018. the lawsuit seeks to block the store deal and seeking unspecified damages. >>> if you need to buy a magic spell or find a witch, you can put a hex on somebody, e bay is putting a new policy in place, banning the sale of magic services. that means you are not going to be able to buy blessings, potions or spells on the website. unfortunately, psychic readings and healing sessions are among the categories shutdown. e bay says it's making the move to build trust in the marketplace. >>> that's the dream of any surfer, how they help some kids live out their own dreams coming up on abc2 news at 6:00 which starts right now. >>> tonight you will see them live, the first chance to see them on the field, the ravens take on the detroit lions in their first open preseason game. look at the crowd out there. >>> another batch of speed cameras gets the green light and another vandal takes out his frus station. >>> new video of the deadly truck crash and fire on i-95s south of b

macy's still sells izod. it will be different merchandise. but pvh in general is the play here.se we have tommy ask calvin klein and sold all over the place, i don't think it can pull it down. it could benefit if they execute it well. and if the merchandise is good. the shop is well presented. and, again, a shop in jcpenney could fare better more square footage than the overall play. that's still possible or the other way around, too. >> courtney, thanks so much. take a look at pvh. moving sharply higher here. >> they take this on a day, blue monday otherwise. >> game changer or one off. deutsche bank revising the rules on bonuses. listen to this. it is allowing claw backs of stocks award employees but from previous employers. not issued by deutsche bank. we are going to discuss the merits of the new policy, what it could mean for financial companies in your portfolio. >> later find out if you are a member of the so-called 1%. robert frank breaks down what it takes to get there and the numbers may surprise you, michelle. >> plus, me thinks we ought to scrap the tax code altogeth

. >> macy's was good., i don't know the most recent reports been a disappointment if i recall correctly. what name stands out to you in your universe as the best? >> right now we recommend nordstrom over the rest of them right now. they had a low number, the plus one in the month due to noise of the big sale that shifted in to august. the underlying trends are running in the single high digits for those guys right now. macy's very good, as well. 1% in june to about 4% in july so that was a pretty good acceleration. >> thank you so much. >> thanks. >> steph? >> yeah. we took profits in t.j. we continue to like the offprice retailers. mailing in it and a great month of ross and t.j. and we're buying nike especially in the low 90s. bad news is they're already out. >> bought it on the pullback? >> we did. i think 90 or below it's attractive. >> okay. >>> coming up, now knight capital may have made its own situation worse. era detergent once clobbered a stain made by a meatball. that meatball now lives in hidin