eastern only on "mad money" up next we will break down the charts. >>> and marc randolph will weigh inr peacock as comcast enters the streaming wars a reminder, you can always watch you live on the cnbc go app. we're back in a couple minutes . >>> we have breaking news on gap. hey, court. >> there's a lot of information here, but i think the biggest headline is gap inc. will no longer spin out old navy that was previously planned. shares higher by about 9%. a newspaper better of leadership change that i'll get to in a succeed. we just have this fine quarter left here. remember we are still without a named ceo of they're still looking for that permanent replacement. however, mark breitbart, the ceo and president of currently some of the divisions will now by leading basically a group of the divisions altogether that's gap, banana remust be, ebe, athletica and the ceo running old navy will remain running that >>> no longer spins out old navy they say the cost and complexity, combined with the softer business performance limits the ability to create an appropriate value from a separation,

marc randolph. >> watching earnings with all of us. it will be a interesting quarter. we hope you are watching fox business. we're covering 4:00 this afternoon, the netflix earning on this network. >>> i see the president, that is the president of the swiss federation is sitting with. let's listen in. >> we're working on other matters that are interesting. today we'll discuss largely trade with switzerland. they would like to do an agreement. we'll see what we can do. thank you all for being with us, thank you very much. >> thank you, very much, mr. president. welcome to your delegation. glad to have you here. glad to continue our contact. contact with my predecessor last year. >> that's right. that's right. >> and we know that switzerlandpresident is only for one year. >> right. >> so you can see the diversity of swiss presidents. we have different languages. he will be the president next year. >> oh, good. >> talking french to him. german. afterwards mr.-- italian speaking. we have a female. male president. different cultures that makes part of switzerland. very glad