you said michael kors, i'm not a fan, i think they're on the downside now. but i like coach's resurgence require like them. i also like things that i would call amazon-proof. that's not going to be forever. but things like bali beauty, alta, i like things like that as well. >> lots of ideas, jan, thank you so much, have a great weekend. >> thank you. >> jan nissen, j.r. nissen worldwide present surprises. >>> our market monitor has retail names she says are worth owning three to five years. >>> down day on wall street. stocks dropped sharply pressured by consumer companies and energy shares which followed oil lower. the dow jones industrial average dropped 185 points to 17,535. the nasdaq off 19. the s&p 500 was down 17. all the major indexes were lower for the week. the dow and the s&p 500 registered their third straight week of losses. the nasdaq its fourth. >>> a closely followed gauge of inflation rose slightly last month. producer prices, the prices businesses receive for goods and services, increased .2% in april. that was a little less than expected b

>> i'm long michael kors. i think this stock has been hit three times already. it was down on nordstrom and fossil. i think there's a miss already built in here. it is cheaper by a ridiculous amount than ralph and coach. >> and still got it in your view strategically? >> with that balance sheet, close enough. i mean, close enough. my worst case scenario is 40. >> for more "options action," check out the full show 5:30 eastern friday with dan and the rest of the crew. i'm here at the td ameritrade trader offices. steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim. td ameritrade. it's more than a nit's reliable uptime. and multi-layered security. it's how you stay connected to each other and to your customers. with centurylink you get advanced technolog

michael kors shares are down. they might dump kors handbags, for instance. bradley also reports tomorrow morning before opening bell. the company stock has held better than rivals thanks the fiscal first-quarter results. shares are up almost 14% in the past year. tv recording service is out after the close today. wall street is anticipating the company to report earnings about the same as last year. revenue expect today decline year over year. the deal is expect today close in the third quarter, shares are down about 5% in the past year. nicole: here is a look at the headlines of today's edition of wall street. how big bank makes money. tracking citigroup. citigroup's evolution track shortcomings of the bank. banks in spirited battle. big money clash arises over who gets havana club brand here in the united states. prepares for fight with redstone. gearing up for a legal battle to keep their seats. lauren: coming up attorney general eric holder says hard to believe but holder now says what snowden did was actually a good thing. >> more rain on the way, we ar

on the right, the real michael kors purse.u can buy the little ornament on alibaba and hang it on any purse you want to. >> the thing is, once you get a purse in your hands and feel the quality of the leather or what not, you can tell or the stitching. >> yes. you can tell. >> it's easier to fake online when you don't have that experience? >> $10. >> your first clue. >> walk really fast so no one can see it. thanks a lot. >>> these baby owls are now safe and sound after a few scary weeks. they look happy there. rangers had to rescue them from a marin county wildlife preserve. the group says the trio of owls have fallen from their nests. probably because of strong winds. they are now back in the wild with their owl parents. >>> a father and son were fined for putting a baby bison in the back of their suv. they say they wanted to rescue it from the cold. >> the tourists drove that bison to park rangers thinking they were doing the animal a service. rangers ordered the father and son to release the bison right now. they gave them

ok, cool. >>> michael kors is caught in the retail wreck, and shares are down 20% in the last month.ur next guest is sticking with that name, saying that the now is the time to buy it, and the concerns are likely ooverblown. aaron murphy is the analyst at piper jaffray and joining ounce the phone, and it is the call of the day, and erin, it is a big one. >> thank you for having me on the show. >> and you know, you will hear a apparel retailer get upgraded and you say, how is this stock going to be performled in an environment where so many others are hammered? well, it is a fair question, and when you take a step back, and you look to your point, it is a tough environment. coming back to look at the brand, itself, and michael kors is a global brand and there is a lot more stability in the brand and not what we are seeing here in the united states, because there is a much bigger growth story in europe and asia, and there is a number of new categories across the lifestyle offering this fall. so we think that despite the challenges that we have seen, and particularly domestically, we th

. >>> it looks like nordstrom is giving michael kors the boot.he stores have stopped selling his hand bags. this is to phase out the brand by the end of the year this is from sources telling only lifts that michael kors is the store's number one returned handbag. >> you there go. i usually keep the ones i bought. other people return theirs. >>> still to come in today's "must reads" including a memo to democrats to stop panicking over polls. >>> and this day in 1977, "star wars" opened in theaters. the third highest grossing movie of all time i'd "avatar" and "gone with the wind." >> that's all we needed another "star wars" holiday. we'll be right back. ...in her k yup, she's gone noseblind. she thinks it smells fine, but her guests smell this. ding, flies, meow febreze air effects heavy duty has up to... ...two times the odor-eliminating power to... ...remove odors you've done noseblind to [inhales] mmm. use febreze air effects, till it's fresh and try febreze small spaces... ...to continuously eliminate up to two times the odors... ...for 30 day

michael kors, brooks brother, and cameo water wear signed on. the outlets opened in august. more than 90 designer and name-brand stores. >>> the hunt is on for a pizza sh shop burglar. the woman broke the glass and walked away with cash left in the register. there's video posted on social media, viewed several thousand times since the may 12th heist. >>> septa and uber teaming up to ease parking problems this summer. septa announced details of a new partnership with the ride sharing service. riders taking uber to or from 11 regional rail stations throughout the summer. they'll get 40% cost off the uber ride, hoping to cut down on the parking crunch in the busiest septa stations in the area. >>> next on "nbc 10 news at 6:00," big announcement and the first for the wawa welcome america events on the fourth of july. >> jersey shore beaches under construction, just days before the unofficial start of summer. >> we're surprised when we came up. we didn't expect it. >> which spots are a work in progress. >>> breaking news here. we received new surveillance video of a hit-and-run a

g3 apparel down 10%, and michael kors down the most by 4%. -- 12%.t, getting some weakness from fossil earnings for the computing watch sales. i want to see how macy's gets its sales numbers. you can see the orange is accessories, which is under 40%. buy. s a quarter of the women's apparel is 23% and men's is the least. if you add accessories, which is mostly women's, you get 61%, roughly two thirds of the sales coming from the retail sector, which is seeing that women are not going back to stores. still ahead, s&p growth. dell is planning a big sale. this could be the top of the corporate bond boom. ♪ ♪ dell is planning to raise $19.2 billion in the bond market to pay for their $67 billion bond buyouts. as of make the sale for the computer maker the biggest of the year. the corporate bond boom signaling the top. we have the reporter from within the fixed global income team at goldman sachs. comment on the size of that and where we are in the cycle as you see it. seeing many signs of late stages in the credit cycle. also of issuance, mna, and the inc

i'm it should michael cores being down, we had a three-year run in handbags -- i mentioned michael kors down. they are a very high price point with a high margin. i think there is weakness in the department stores that sparked this trend. >> there is not a big replacement cycle in handbags. >> that's true. handbags are becoming smaller, because the need for handbags comes less. i think there are a lot of moving parts in retail. >> i am struck by what you said about nordstrom. aam wondering if that is larger phenomenon, that the internet allows price comparisons that squeeze margins. is that a broad phenomenon in retail? ] >> absolutely. macy's called out how the price transparency on the internet is hurting gross margins. you dovetail that with what nordstrom said, if you give the customer what they want, they will pay for it. however, once it becomes commoditized to any degree, they can buy it cheaply on the internet and they will. shopalways struck when i on amazon, the same item across the board will be starting at five dollars, going up to $25. that is remarkable. askl: and jim, i w

several members including michael kors and tiffany quit in april. e e commerce giant has pledged to fight fake goods. the company says president michael evans will be speaking at the conference instead. some picks of jack ma meeting with president obama at the white house, though it wasn't publicly on the schedule. >>> when we come back, hillary clinton gets closer to the party's nomination. meanwhile, donald trump and the gop finalize a fund-raising deal. all today top political stories, straight ahead. oney. find out if you're dealing with a registered investment professional at investor.gov. before you invest, investor.gov. what aremaking a cake!ht now? ayla reminds me of like a master chef and emiana reminds me of like a monster chef. uh oh. i don't see cake, i just see mess. it's like awful. it feels like i am not actually cleaning it up what's that make mommy do? (doorbell) what's that? swiffer wetjet. so much stuff coming up. this is amazing woah. wow. now i feel more like making a mess is part of growing up. stop cleaning. start swiffering. c

are now open and a job -- and the job fair will happen to both olympic among those hiring, gap, michael kors, saks fifth avenue. it's from 10 am-at 2:00 this afternoon. >>> bike to shelf day at valley fair mall what you can get discounts for putting the brakes on driving and pedal and. there will be valet bike parking and giveaways for bike -- kicking off from 10:30 am from downtown san jose to the valley fair mall. >> they may want to grab up bite to eat at the new restaurant they will need a new reservation. it's so popular now -- reservations on sale at craigslist it seller asking $50 for reservation during memorial day weekends. it can be 3-4 hour wait to get in that hot new restaurant. >>> the sierra is getting spring snow this weekend. how much more on the way and problems caused for drivers. >>> golden state warriors fans, a new store where you can stock up on the latest warrior gear. ,, ,,,,,,,,,, ,,,,,,,, hold practice be welcome back now to the court, the warriors are waking up in oklahoma city this morning where they will hold practice before tomorrow's playoff game against the th

stocks that have fallen a long way down, a lot of retailers on this side of the coin, kohl's, and michael kors and gap. there are those who say the trend is your friend. either way, melissa, stocks like these could present opportunities for potential profits. they're watching them pretty closely. back over to you guys. >> thank you, dom chu. dom's so cool. going to billy joel. >> with all due respect -- no. i'm just kidding. >> it's not rhetorical. >> the concert, he's all excited about it. that's cool. >> billy joel in 8th grade was cool. interesting points. dom is very, very cool. but i think what's interesting to point out about that whole trend is the 50-day, the thing about the retailers, they're below the 50-day, because they had a big rally to start the year, now the emmeremmerer -- er has no clothes. they haven't had that positioning move. retailers struggling with the whole amazon effect here. i think that's where you have extremes. i talk about this all the time, relative strength indicators, at least short-term measures of momentum. you're at a 7 on the gap. this is extreme extreme.

michael kors another example. certainly higher end brand. it has got the brand.inue to sell in that market which is far more stable than selling to millenials or walmart sales. liz: i'm absolutely with you. i think you should absolutely be the one buying a good company going through a bad time. macy's is perfect toward that. but as you broaden the aperture we lost all our gains. what is going on in market psychology? >> i think all the fear of the fed. quite frankly the ladies on the fed that have the spine. my guess they're more hawkish than the men are dovish. we could very well see the one person who really counts, the lady that counts, janet yellen, go ahead and make a nod for june or july. liz: you're talking about esther george rather and loretta messter of cleveland. >> that's correct. >> liz: we'll be watching. you could argue that is what kept a cap on markets. our thanks to chris bert tell son. >> thank you. liz: we're a month, couple weeks away from the fed meeting and we're losing all the gains at the moment. markets close the day lower on light volum

in south carolina, michael kors sandals. and then in new jersey, fitness trackers are popular.inspiration, check out the list on google. >>> and it is college graduation speeches. here are a sample of the a-listering sending off the class. shery rice. president obama giving three commencement speeches. i gave the one last year at my alma mater at wofford. >> what did you say? climb every mountain? >> i tried to get through it fast. do you remember? >> i don't remember. i remember the next year was tom brokaw and i went back. crazy. >>> on the flip side, high school seniors are deciding where they will head to college in the fall. some decisions are a lot harder than others. that is entirely true for two new york teens who got accepted to all eight ivy league schools. we told you about kelli and oma. both ladies are here with us this morning. congratulations. >> that's a big deal. >> you got accepted into all of the schools. i was reading about your stories. your mom is working l and your parents working like crazy. how did they feel and what did they say? >> i was in shock. i t

huge bump in volume, a lot of this in terms of cells because some of the worst macy's,rs include michael kors. 10 of the worst performers are in retail. let's look at the s&p intraday. we are at the mercy of earnings, and earlier earnings we can see this drop off when the markets opened. we are also at the mercy of oil. we saw oil headlights cross when we saw that unexpected decline in oil and we saw oil rise, bringing up the energy prices. here we are back down. basically retail is the main theme of the day. alix: following those pretty disastrous macy's results and outlook. mark crumpton is in the newsroom. : house speaker paul ryan is scheduled to meet in washington with the presumptive presidential nominee, donald trump. stunned the gop when he said he was not ready to endorse mr. trump. here is what he had to say. >> this election is too important to go into the election at half strength. that means we need a real unification of our party. mark: he was then asked about his interactions with donald trump. >> i let him once in person and 2012. we had a good conversation in -- and i would r

other big retailers taking a hit, michael kors is down 2 1/2%. tiffany down 2.4%.s figure being up had to do with people buying new cars and people shopping online. we'll go back to "cavuto: coast to coast" right after this. ♪ in new york state, we believe tomorrow starts today. all across the state, the economy is growing, with creative new business incentives, and the lowest taxes in decades, attracting the talent and companies of tomorrow. like in buffalo, where the largest solar gigafactory in the western hemisphere will soon energize the world. and in syracuse, where imagination is in production. let us help grow your company's tomorrow - today - at business.ny.gov neil: we're down the lows, down 116, 117 points on the dow. retailers among the worst-performing sectors. walmart component within the dow is really a big contributor to that falloff today on slowing sales. walmart is trying to speed things up with its online delivery service, offering in some cases same day service as is amazon. you really got to be in a rush for something if you want it same day,

a bearish note, cutting estimates and cutting the price target to $57 michael kors.ows increased handbag discounting at the department stores, lower spend intent by consumers for accessories and lower core handbag prices versus piers around the world. also, pricing is trending 8% below fourth quarter levels. >> i read an article last night. i can't remember where it came from or who wrote it or anything about it. how is that for confidence? >> you remember what you read? >> yes. it was -- no, it was that of all the major retailers, kors has the highest return rate of any handbag manufacturer. they buy it, don't like it or maybe they wear it and return it. i never used it. who would do that? >> i don't know. stock five. fleet matics. this is. >> narrator: radar name of the day. we'll bring you to the old country, lads. this san irish based company. software is a services firm, pacific crest. coming to the defense of the beaten down name. i say that because the stock came down from $60 back in december. upgrading to an overweight from sector weight. analyst says they h

income spectrum and do a lot of work with people who don't spend it at places like nordstrom, michael korsy items. >> they spoke at walmart. is this a dead cat bounce? >> it's interesting. i would say this. i would say if you have a walmart situation, you're not only looking at just to cost side of the equation but also perhaps what's going to happen with consumer wallets as well. you have gasoline prices on the rise, mark edly so and people taking the purchasing power away. walmart has to see whether they can navigate through that where perhaps the buying power of its core base is not going to be as strong as it was say this time last year. >> quickly, we had a strong dollar anyway this month being reinforced with talk of rate hikes. how important is oil strength to keep equities going? >> the correlation is still there. we'll see if it starts to break down in the coming days. >> that's the closing bell for you. down .5% or 93 points on the dow. that's it for this hour of "closing bell." the bell rang there by hormel foods. >>> welcome to the closing bell. i'm kelly evans. we were in nega

look at kate spade, they're taking market share from michael kors and coach. they put up a great quarter. another winner here. pvh has strong brands. consumers are willing to spend. nobody is buying ten pairs of jeans but they'll buy. two you have to make sure you're making the right ones. whether you look at an oxford or vista or pvh, i think the consumer discretionary spending -- when you think about the drivers behind that, we have -- we're creating north of 200,000 jobs, not just. that we still have a pretty cheap gasoline. so to me, consumer confidence is playing into. this and if you have the right brands, i think the consumer discretionary is heading back. can i answer the question about dividends and utilities? i agree with the thesis. but we're only talking about 25 basis points. >> what do you mean? >> we're going to 50 basis points. >> i'm not asking that specifically to day's move. i'm asking about a move in general. we see a move higher because people are seeking yield. >> yes, but when you say rates are going higher, it's like we're going from an

michael kors holdings also down about 14% through the make the bags that tom brady carries. all these retail suppliers down. i'm only kidding about tom brady. amanda: he just carries the bags. matt: i'm poking fun at tom brady because he went to michigan. david: he was a great quarterback. not hard to be a great quarterback for michigan. nordstrom has a big menswear sales. settled a patent case with under armour. 3%, the retail sale, no matter where you look, down. sales are the retail problem extends to landlords as well. lower rents when context for new, department stores turned in the worst sales growth since the recession. general growth, properties as well. -- the retaillege problems going far beyond stores. david: i have to say, you are right, michigan has had trouble with quarterbacks because we have an academic partner institution unlike the play south of us. -- the place south of us. win footballdo is games. david: let's go now we'll do little live from the nasdaq looking at -- abigail doolittle. abigail: hitting a record high for intel, they beat first-quarter esti

the gap, michael kors, nordstrom they have to get on the stick and they are trying to appeal to the peopletuart: if you're price competitive you can sell well? liz: that's correct. stuart: if you're old line big box store -- liz: tiffany. stuart: you have competition from online from nordstrom and macy's you have a problem. liz: watch out. stuart: rough rule of thumb. >>> disney ceo bob iger has harsh words for senator bernie sanders after bernie claimed disney creates income inequality. liz: so here is what is happening. top executives at disney confirming to me that, yes, bob iger went on his personal facebook page and blasted bernie sanders. bernie sanders was in anaheim, california near disneyland saying that disney is responsible for a culture of greed, for income inequality, for rigged economy. here you go. here is bob iger to bernie sanders. we create 11,000 new jobs at disneyland and anaheim in the past decade. our company created 18,000 in the u.s. this last five years. how many jobs, have you, bernie sanders created? what have you contributed to the u.s. economy? so bernie sander

michael kors, all of them, read a rose.demand, but the bricks and mortar problem. buying stuff online, not bricks and mortar pit look at it go down. that percentage losses across the board. then we have a new plan to make a high-speed billet traveled from l.a. to san francisco in 30 minutes. the organization behind this idea has gotten some new partners. who is backing it now? liz: ge ventures. also the guy who founded sun microsystems pushing on 100 million financing. ge's big on high-speed rails in europe and china. so they are basically pushing for this product to be out on the market within less than a decades time. stuart: but back to his credibility. ge is in there. you say that word in its got some credibility. so are we to believe within 10 years you might actually get this? liz: that's what they're talking about. 750 miles an hour cuts to san francisco and l.a. stuart: would have been to bullet train? hillary clinton losing some of the bernie sanders west virginia probably because the comments on coal. roll that ta

taylor to watch, michael kors put them company struggling some retailers pulling a signature handbagsres. the retail environment has been pressured. and listening to your cannibalizing. the latest s&p case shiller home price indexes out a man and this morning. economists looking for the index to be a five tenths of 1% in march, up slightly from two tenths of 1% in february. back to the first-rate commission investors be worried about disney and the "star wars" movie? this has to be upsetting you. we shares. dagen: a days because i'm really looking forward to this movie. the plot line is somewhere between episodes three and four about some members of the resistance to try and steal the plans for the death star. it looks great. cheryl and i are completely obsessed with ben mendelsohn, one of the stars two stars unplugged mind and just came out on friday. they starred in hannibal. so i will go see it. >> what's the problem with the movie? dagen: the executives essentially sits executives essentially said donna watched the first cut in pay this doesn't make sense coming in to fill the sam

. >> is it true michael kors asked you why are you putting your hand back in the blender?ay we announced we were starting frances valentine. he said, congratulations, but why would you put your hand back in the blender? i started laughing, that's perfect. oh, no, why did i? we're thrilled. it's great. >> andy, part of the reason you left or sold the business to begin with was you sat down and realized you had made 300 decisions in a day that wasn't even a very busy day. >> we were in eight categories, sunglasses, home wear, table top, they call it, i think, bed toppings. there are 18 categories and one day we had to go through all the categories. i was counting, all right, we've created a brand. we have a model for something, created stores in every country in the world and every category and i felt creatively we had completed our task. i wanted a new challenge. we just had our child and i think to your question earlier what i thought was important i wanted to go back and create another thing. i felt starting something new is really interesting to me. >> maintaining an exi

i guess it was michael kors she was wearing. cindy crawford, did you see her?e. i said yesterday to our team, i really believe this was the day that models struck back. all the magazine covers have celebrities and actresses. these were the models. fabulous. they looked amazing. i thought it was the night of the models, including the greatest of all, cindy crawford. >> what about you, dylan? >> i liked alicia vikander. she looked like wonder woman. >> very cute. >> the combat boot look, that was everywhere. you saw it on everyone. the combat boot thing was huge. we'll be kicking some butt. >> she's the new tomb raider. >> i didn't know that. >> today is the 50th anniversary of twist e. i don't kn -- twister. >> i've never played twister. >> i never did either. >> tamron really has to play. >> the original was king footsie. in 19milton bradley's version, was twister. >> i hear the college kids do it naked. >> we're not doing that. >> are you sure? >> okay. >> doing it in heels? >> i'll spin. i guess we take turns spinning. >> tamron, this one is for you. left han

for leaving the international anti-counterfeiting coalition following the departure of guchi and michael korsdue to the admission of alibaba. >>> apple denied the report that it would phase out downloads of music and emphasize the streaming music. >>> the electric daisy canivern. pascal rotella started to host raves as a los angeles teenager in the '90s and has turnede the parties in a global festival. he joins us now. the qu. i keep wanting to say pasqual. convince me this is a big business. i am a skeptic. >> it's a huge business. i have been doing it over 20 years. los angele las vegas has produced -- brought in over a billion dollars over the five years that we've been in las veg as. >> live events are great in the internet age. people want to go to them. you can charge for it. >> as opposed to downloading free music. >> there is nothing like being at an event. the 360 audio-visual experience. nothing like it. >> if i go to citifield this weekend how much does it cost? >> about $75 a day depending on the ticket you get. and what -- what was the other question? >> what do i get? what happe

kor rob baited their story. they arrested 25-year-old michael shue, planning to charge him with two felony counts. >> i'm completely we were able to help another woman out. >> reporter: according to the cdc, 1 in 10 women have been victims of rape and nearly ha >> what inspired you to post this on facebook? >> if they say something it can make a difference. >> she said they are close friends. >>> amy over to you >>> now to our series, weight loss win, this morning the hidden medical conditions that may be keeping you from losing weight. one woman struggling for 15 years with countless diet until a doctor finally discovered what was wrong. >> reporter: they're a picture of perfection. behind the smile, a 15-year battle with weight loss. >> back when i was in middle school, i started gaining weight rapidly. i would work out. i was on several sports teams and i was still gaining weight. and i didn't understand why. i just thought it was puberty or >> reporter: she did everything right. eating a healthy diet and staying active, yet no one could diagnose why she couldn't lose the pounds. >> i would go to the doctor once