since the departure of mike jeffries in december they have made an effort to reinvent itself by limiting to local central focus. express also offer the investors an up beat forecast. profit more than doubled in the first quarter as they scaled back promotions and sales rose more than experted -- experted. earning guidance topped consensus, closing at $17.41. >>> cosco out with a mixed report. revenue and same-store sales missed forecast and hurt by lower gas loan polices -- gasoline prices and off a fraction to 21 had the $46. >>> and go pro, the action camera maker will develop quad copt ore drone cameras which they except to be out in the first half of next year and making camera mounts for the virtual reality market. ceo nick woodman said the new gadgets are a big opportunity for the company and investors seem to agree sending shares up 6.5% to finish at $56.81. > tomorrow is may 29th, 5-29 day, and choosing whether to put savings in a 529 college saving or a retirement account is a tough choice for some parents. how do you save without hurting your own footbl security financial secur

still looking for a new ceo after mike jeffries stepped down.ere might have put their shirts back on but shoppers are not necessarily coming back to the stores. the shares are trading higher. even though the loss of the company was wider than estimated $.53 versus the $.35 estimate. the company says constable -- comparable sales trends are improving. costco as well. one of the out performers within retail. the shares are trading down by 1.3% because even though a lot of its numbers look better than competitors revenue slightly missed what analysts had been anticipating. olivia: costco employees still have their shorts on -- have their shirts on. thank you julie. erik: eric takaha, what the city? -- what do you see? eric: could the fall rate start to rise up? we do not see it. if you look at the percentage of distress names -- as wel lastcycle is the ability to refinance at low rates even the leverage has picked up. interest costs are actually low. liquidity is strong so we do not see a lot of triggers over the near-term to see that fall rise --

real wages and what mike is talking about, hags real wages gotten better for the economy, has the consumer feeling better for themselves? that's what is needed. >> gas prices, jeffriesad an interesting note out today pointing to the fact in a in the past four weeks since mid april gas prices are higher by $.25 per gallon. even though it is still lower versus what they were paying maybe a year ago they are still high, they are feeling it right now. >> that's a good point because one of the other thing that was brought up when they were taking a look at auto sales is that historically as gas prices went down the purchase of gas guzzlers went up considerably. and actually, in this particular instance, that relationship didn't hold as true. which suggests the consumers thought this particular decline in gas prices was likely going to be temporary. actually it's interesting they would say that because of course that's in fact the case. right now what we have is a short-term gluft crude. we've seen the rig counts drop. consumers might be safier about cod tees trading than you might think. they are not racing out and buying an excursion thinking that gas prices could climb

in other words, mike brown was simply told to get out of the street. rep. jeffries: sir, my time has expired. but for you to come here and testify essentially that eric garner is responsible for his own death when he was targeted by police officers for allegedly selling loose cigarettes, and that was an administrative situation for which he got the death penalty, is outrageous. for us to come to a conversation, we have to at least agree on reasonable facts that all americans interpret particularly in this instance, because they caught the whole thing on tape. i yield back. chair: the chair thinks his friend from new york. the chair now recognizes the gentleman from texas, mr. gomer. rep. gomer: thank you, mr. chairman. i thank all the witnesses for being here. obviously you have spent a lot of time on these issues, rather than just the time here today. it is a difficult issue. i saw a report this morning from the task force. it quotes the task force as saying, "the u.s. department of homeland security should terminate the use of the state and local criminal justice