i'm morgan brennan. check out underarmour. $65 from $50, citing recent surveys that show its dominance with younger consumers and women is growing. the stock currently trading up about 1.6%. sue, back to you. >> morgan, thanks. >>> let's check the bond market following europe's big move this morning by mr. draghi. rick santelli at the cme for us and the euro moving as well. ricky, over to you. >> well, sue, the markets really speak for themselves. if you look at intraday of 10s, we're now at the low yield as if they waited for us to do our spot on "power lunch," we sit at 2.57. and this is a remarkably important spot. and we are now three basis points lower on the day. look at a boon, its three basis points lower on the day. if you look at the chart opened up to the end of january for our ten-year, the reason 2.57's so important, i've talked about it a lot, it's a key technical level from february 3rd. it was when we settled below that several weeks ago that we had most of the big buying that pushed us down below 2.5%. to go i

morgan brennan has more on what is at stake. >> iraq has the fifth largest proven crude oil reserves in the world. as the conflict escalates, the threat of production looms. it is a scenario that could impact a number of u.s. energy companies. starting with integrated oil giants, exxon mobile has the murphy oil all have operations throughout iraq and of these names, exxon the most exposure. but analysts say that the oil still accounts for only a small amount of the global production meaning the benefits associated with rising oil prices could more than offset the negative impacts with local disruptions. >> the other 95, 96, 97% of the business for these guys is now theoretically more profitable. there is more business to do because the prices are higher. just so long as you don't get it so high that you start to worry about gdp growth and damage. >> and oil services companies that service and maintain oil company equipments. >> you're talking about haliburton and baker hughes made an early push into the country, lot of operations in the south frankly have not been very profitable. th

morgan brennan takes a look. >>> two u.s. companies could begin exporting a new type of oil. a move that could put more pressure on the country's four-decade ban on oil exports. according to reports, the commerce department granted enterprise products partners to export conden sate as soon as august. it's a gas form of crude that's plentiful in u.s. shale formations like in texas. it can be easily converted into gasoline and jet fuel and commonly blended to allow for better pipeline transport. >> the market will probably go to asia. the numbers we run indicate europe wouldn't be a good market. you sent it to asia to run through the petro chemical observations to make various products. and so it's not a huge market for it. >> reporter: the condensate will be minuimally refined. crude oil has been banned from export since the 1970s, but products have not. experts say this could push the door open to a larger easing of that ban, especially as u.s. production climbs and geopolitical tensions mount. >> it could be the beginning of the easing and as a result of this, you'll see mor

for "nightly business report", i'm morgan brennan in massachusetts. >>> craft retailer michaels didn't exactly sparkle in the trading debut. that's where we begin market focus. shares of michaels stores went back and forth between gains and declines today and priced the initial public offering of almost 28 million shares at $17 a piece. that was the low end of the expected trading range. the stock trades under the nasdaq ticker symbol mik and at the close the stock rose slightly to $17.02. >>> news that dollar general ceo is retiring next year sent shares lower today. that decision comes as activist investor carl icahn has been pushing for the chain to merge with family dollar. dollar general is also sticking with it's lowered full year profit outlook and as a result, the stock tumbled more than 7% to $57.19. >>> a strong first quarter finish, though, for finish line. the athletic apparel company posted earnings and revenue that topped estimates as sales and margins expanded. finish line credits its relationship with macy's to expand the market share. the stock was up more than 1% to c

morgan brennan has more on when is driving winnebago's rebound. >> reporter: you've seen them at camp sites and maybe you've driven one on family vacation. winnebago just reported quarterly earnings, showing the company is experiencing a come back. >> i think it's another solid impressive quarter. the recovery in the u.s. is well underway and has been for awhile after bottoming out during the crisis a few years back at around 13,000 units. >> reporter: the quarterly revenue was the highest since 2005, and earnings jumped nearly 50%. that thanks to increased demand for models less expensive and more family oriented. rv retailers say despite the tough winter weather, more consumers are making these big ticket purchases. >> activity is better than its ever been. i've been selling winnebago for 28 years. they are opening new plants to accommodate the sales. >> reporter: baby boomers are the biggest buyers with ages 55 and over accounting for 60% of u.s. motor home sales. winnegabo is a smell cap stock but they watch with interest because motor homes are closely correlated with consumer co

morgan brennan has more. >> reporter: fedex revenues are up by shipments by freight and ground grew the most powered largely by online shopping. >> we're seeing growth on the e commerce side, so a lot of business from amazon and other players on the e commerce side that's driving the domestic side of the business and the international side is picking up as the economy is growing steam. >> reporter: fedex thinks business will be better in 2015. shipping volumes are increasing as the economy continues to improve and consumers spend more and starting in january, right after the holidays, it's introducing a price plan for ground packages, charging according to box size and not just weight. yesterday ups announce add similar plan and this was a hot top pick on the earning's call. the new pricing structure will drive revenue and increase margins for fedex. >> the company has instituted a dimensional weight pricing scream which is incentives to use smaller boxes because they will get charged if it's a small item in a big box. as they get shippers to reduce the size, they will get more space in

i'm morgan brennan in fort lee, new jersey. >> on wall street, a slight gain on stocks was enough to send the s&p 500 further into record territory. it rose with the dow jones industrial average, which at the close gained almost 15 points to 16,921. the s&p was up to 1959 and the nasdaq, other direction and fell by three points to $43.59. investors flocked into gold sending prices up to 3%, $1300 an ounce, the sentiment toward interest rates in yesterday's federal reserve statement. >> well, it's not just gold and gasoline prices that are rising, but just about everything. federal reserve chair janet yellen didn't seem overly concerned about it at yesterday's news conference, but today some economists say she's too complacent. they are worried. how concerned should you be about inflation? steve liesman reports. >> reporter: you can smell it in the grocery store and you can smell it on an airplane and of course, you can smell itodor? inflation through the economy. since february inflation marched higher from 1.1% to the latest reading of 2% compared to a year ago in may. it's low by h

for nightly business report, i'm morgan brennan. >>> still ahead, what office landlords are doing to manage not only where you work but also where you live and play. that's coming up. >>> the city of chicago is taking on big far ma. it is suing five of the world's largest painkillermakers, accusing them of hiding the health risks of potent drugs, like oxycontin. of violating local laws against false advertising, conspiracy, insurance fraud and consumer fraud by marketing the painkillers as "rarely addictive" and the city says that listed benefits lack any scientific support. the companies named in the lawsuit are activist, endo health solutions, janssen pharmaceuticals, a unit of johnson & johnson, perdue farm la andself lon, a division of tefa. >>> meanwhile, cries the country in seattle washington, an historic vote raising the city's minimum wage to $15 an hour. it will be phased in over three to seven years and will be the highest minimum wage in the country. and double the current federal rate of $7.25 an hour. so, will this be a test case for other american cities and states and

morgan brennan has more on the proposed deal and whether one fewer player could mean you'll pay more.> reporter: it's not official yet, but sprint and t-mobile are moving closer to a merger. one that could be announced this summer. sprint would pay about $40 a share for t-mobile u.s., valuing the wireless provider at roughly $32 billion. for the country's third and fourth largest carriers, such a deal could be a matter of survival. >> these companiy ies need to invest to stay competitive, invest in spectrum, invest in towers, invest in backhaul. that requires profitability. >> reporter: sprint and t-mobile are competing against two behemoths, verizon and at&t which together account for an estimated two-thirds of subscribers and roughly 85% of the entire industry's earnings. other proposed high-profile communications mergers like at&t's bid for directv and comcast time warner cable deal are already driving a sweeping reshaping of the industry. sfri sprint and t-mobile don't want to get left behind. >> the telecommunication industry has always been a scaled game. and so the larger the s

. >>> morgan brennan on the winnebago beat. >> thanks. well, did you know motor home sales are closely correlated with consumer confidence? we'll tell you what winnebago's earnings have to say about the larger economy. e financial noise financial noise financial noise financial noise >>> welcome back. take a look at elizabeth arde nmt shares. near the lows of the session. lg household says it is no longer interested in buying the beauty products company. the news comes just days after elizabeth arden announced a sweeping restructuring deal due to mounting losses. shares down over 50% in the last year to levels not seen in the last 3 1/2 years. >>> so here is a question. where is your car most likely to be stolen? california gets the unfortunate honors. it's home to nine of the top ten cities where you're most likely to have your car or truck stolen. that is according to the new data from the national insurance crime bureau. for the last year for 2013, here is the list from 20 to 1. san jose, vallejo, spokane, redding, stockton, san fran,

morgan brennan is here with more on the east coast will west coast showdown. if you want to make a wager on the stanley cup finals, we'll tell you what bed could play out the most. now over to jane wells at the world pork expo in iowa. jane? >> go kings go, first of all. we're here where they're judging some of these yorkshire barrows. i had some wonderful pork ribs outside that were to die for. with the money they'll get for the animals, it's also the best time. we'll talk about that after the break. making new york state number two in the nation in new private sector job creation... with 10 regional development strategies to fit your business needs. and now it's even better because they've introduced startup new york... with the state creating dozens of tax-free zones where businesses pay no taxes for ten years. become the next business to discover the new new york. [ male announcer ] see if your business qualifies. become the next business to discover the new new york. in a we believe outshining the competition tomorrow requires challenging your business ins

morgan brennan is on the a pa feria in braintree, massachusetts with a look at what the company hopes restaurants. hey, morgan. >> reporter: this is called panera 2 had the 0. customers did order via a new app. on their smartphones. gone is the crush that ron shake refers to as the mosh pit. the whole point is to improve customer service and cut down on ordering mistakes. panera is rolling it out to the 1,800 stores by the end of 2016. which is one of test sites. so far higher same-store sales here than at cafes without the tech. that's significant, analysts say they could become a major player in the e-commerce space. take a listen. >> what we did is we took the labor savings that comes from the digital input, and we re-deployed that in a place that makes a difference for you, as a guest. >> reporter: analysts expect the costs to rise short term for moor, folks specializing in cybersecurity. they hired a new c.i.o. from mastercard to oversee this. they're not the only one adopting new tech. domino's pizza hut, even starbucks that says about 14% of the transactions are done via mobile

julia is looking at the content play, morgan brennan on whether venture into mobile is a smart play, also the top internet analyst waiting in the wings as well, but first we'll start with jewel gentleman? >> reporter: amazon's phone is about keeping consumers in the ecosystem. buying and consuming everything from music and videos to books and games. it's no surprise that today ace phone unveil comes a week after amazon launched a streaming music service, subskrishers of the $99 prime service. it's been investing and creating original content and licensing more videos to keep people using and signing up for prime, which already has about 20 million subscribers. streaming all that video will be easy if, as reported, amazon partners with at&t to allow people to stream more video without racking up data fees. the other content play, selling the nearly quarter million app., including games that are available on amazon's app. store. if amazon's new device that is 3-d capability, that could be a huge win for developers to augment their games, which is not available on the android or ios pla

morgan brennan is at jfk airport with a look inside jetblues new setup. take it away. morgan. >> reporter: thanks, simon. we are inside one of new airbus a-321s that jetblue has equipped with the first-ever premium service. it will begin flying between new york and los angeles this weekend. in the meantime, we test-drove the service in a 90-minute flight simulation. here's what we saw. 16 live flat seats, including four suiting with doors that can comfortably fit someone as 6'8". adjust for firm mission, the toiletry kits are provided and entertainmentwise there's 100 channels of directv, a charging station for electronics, and free in-flight wifi that's been upgraded with enough bandwitt to actually stream video. the food is pretty good. i had a tapas style brunch, plus organic lemon ice, and a gourmet brownie. you can even order a cappuccino, this is all part of a three-year design overhaul that includes bigger planes and a streamlined economy class. mint service starts at $599, running up to $999. that's still significantly less than bigger competitors like delta an

our morgan brennan got a sneak peek and joins us with the details. how was it?it was interesting, an adventure and very early this morning. it's called project live wire and this aksel ritz to 60 in under four seconds, but this motorcycle is very, very quiet, not the booming engine sound that harley once tried to trademark. this is a prototype, not for sale so likely several years from hitting the market, and that's thanks partly to the high cost of lithium ion batteries and the short charge life that they have, and in this case about 53 miles, but here's why investors should care because this is part of a larger strategy shift for harley. it's expanding beyond its white male baby boomer core customer base. have a listen to this. >> someone living in a city like new york city that wants to zip around and have the nimble responsiveness that this electric bike delivers but in cities all over the world, urbanization being a growing trend and obviously appealing to millennials and live wires right in the sweet spot of that. >> the company also has two new street bik

for "nightly business report", i'm morgan brennan. >>> mike colin believes stocks in a bull market. he's chairman of his company. michael, janet yellen this week took an unusual step by saying she doesn't think stocks are over valued but valued for the economy right now. i take it you agree. >> i do, bill. we've been in a bull market since the bottom five years ago. the federal reserve said they wanted to lift stocks and bond prices. they have done it. she said it again this week that this is the main portion of why i remain unconvinced the word due for a bare market, she said this week with the rest of the fed they will continue to support this market. i don't need to know a whole lot more than that. there are two other factors among the three that cause me to be this way. the second one is the negative psychology that began long before five years ago at the market bottom. people still don't like stocks, overall. there is sentiment surveys that are toppy right now but overall, people are still skeptical and scenical about stocks and then the last thing itself is the fed. if the fed

for "nightly business report," i'm morgan brennan at new york's jfk airport. >>> nasty results from radioshack sent its shares falling, and that is where we begin tonight's market focus. they reported their ninth straight quarterly loss. the electronics retailer is burning through cash as they try to turn around their business but so far the efforts are not working. they blame the bigger loss on the weaker mobile and consumer electronics business, stock plunged to $1.38. >>> and chico's the women's retailer has been in talks which could lead to one of the largest take private transactions this year. reacting to the takeover buzz, shares rose 6.5% to $16.53. >>> and meanwhile, botox maker allergan rejected the latest offer from valeant pharmaceuticals. the company said that the $53 billion bid significantly underbid the prospects for growth and creates risks for shareholders. shares fell at 163, and valeant at 123.55. >>> metlife announced the first share back program since 2008. the nation's largest life insurer's buy, shares rose to 55 and change. >>> and shares of green mountain rose on

for nightly business report, i'm morgan brennan. >> our market pro tonight says iraq doesn't seem to be excessively rattling the markets, but a sustainable surge in oil prices or a major escalation in military action could shake investors, en if it's only a short lived reaction. chief strategist for charles swab. >> i assume that based on that sort of prefacing remark, you think now is not the time for investors not to do anything with respect to world events? >> probably not in reaction to geo political veents. we've been a little cautious in the near term. not the least being sentiment has gotten frothy. as you noted in the intro, so far the market is handling this crude, only up a few bucks what the average has been in the arab spring in 2011. a sustainable impact on oil prices is the kind of thing that could potentially tip the economy into a recession and you're talking about very different animals than we're facing now. when you have sentiment elevated it doesn't take a lot. at least today, the markets seem to be handling pretty well. >> from your perspective of the market toda

morgan brennan has drawn the long straw and is at a gas station in new jersey. >> it is more pain at, back to you. >> and president obama expected to speak any minute now on iraq. we expect new details we'll have that for you live at the white house. we've been waiting now for the president to appear shortly are. ♪ when the world moves, futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with paper money to test-drive the market. all on thinkorswim from td ameritrade. are the largest targets in the world, for every hacker, crook and nuisance in the world. but systems policed by hp's cyber security team are constantly monitored for threats. outside and in. that's why hp reports and helps neutralize more intrusions than anyone... in the world. if hp security solutions can help keep the world's largest organizations safe, they can keep yours safe, too. make it matter. geicmoney for over 75 years.save they've really stood the test of time. much like these majestic rocky mountains. which must be named after the... that would be r