more fuel for nike shares. will the fuel ban and jeremy lin keep the swoosh flying an annual it's says don't believe the hype for plus the trade today, let's start doing it, and get to the move with win. let's go to jane wells who has the latest on this interesting story. jane? >> hi, scott. here's what's happened. earlier this morning they filed an 8-k suggesting they got approval for building a casino. it said that agreement, the land concession contract was published in the official ga sith of macau. trading halted for over an hour, and then the company then sent out -- filed another 8-k, saying it was retracting the previous one, saying it was filed by mistake that that announcement had not about gazetted yet. now trading has started again shares have lost earlier gains, but still up over 4% last time i checked. so what this says is the deal may still be on, it's just not official yet. we don't know that for sure, but it's perhaps like leaking your earnings early. however, we don't know that for a fact. all

nike continues to move higher. i am not a big fan of getting in front of a chart like nike and trying to pick a top. if you want to do this because you're long the stock and want protection, that makes all the sense in the world. you're only spending 90 cents but remember this strike that dan is buying is five out of the money. there's nothing wrong with that, but we tend to look at that relationship and don't be fooled by the fact it's five bucks out of the money. >> let's hit stocks versus options button. want to short nike, you better have over a billion in the bank. you could lose shorting any company let alone nike. offers a 4-1 payout. quadruple your money or end up in the poor house. it is your choice to make. >>> let's move on to our next trade here. shares of las vegas sands had a rise in some 22%. there has been speculation that lvs could be added to the s&p 500. and the gaming stocks have done well on the heels of recovering vegas market. should you double down at this point? let's call to the chart with

and since and since the time of the tra nak nike s nak nike shares stumbled fall 4%. 4%. now he has now he has to make a decision. hold or jus hold or just get out. "options ac "options action" fans wanted to know jus know just one thing. what will what will dan do now? before we before we answer that questio let's see let's see how much money was made. ma had you sh had you shorted nike two weeks ago you wou ago you would have made 2%. dan's put s dan's put spread today can be sold for $ sold for $1.10. that's a that's a return of more than 20%. 20%. so even be so even better. now, dan now, dan is obviously off the desk. desk. he's actu he's actually at the beach, but the caribb the caribbean queen was gracious enough to enough to call in and give u his next m his hey, dan, h hey, dan, ho >> hey, gu >> hey, guys. you know, you know, i was called a muppe last week last week and now i'm a caribbean caribbean queen? >> is th >> is that an upgrade? i don't i don what's y what's your next move? >> the stoc >> the stock was actually up in the prema the premarket. it sold o it

now instead of needing nike to trade below $103.20, dan can make money if nike falls by more than that 90 cents he spent on the trade or below $104.10 by april expiration. before we sign dan to some massive shoe contract there is a trade-off. by selling that put he cost his costs but he also limited his potential profits to the difference between the strike of the put that he bought and the strike of the put that he sold. and since the time of the trade, nike shares stumbled falling 4%. now he has to make a decision. hold or just get out. "options action" fans wanted to know just one thing. what will dan do now? before we answer that question, let's see how much money was made. had you shorted nike two weeks ago you would have made 2%. dan's put spread today can be sold for $1.10. that's a return of more than 20%. so even better. now, dan is obviously off the desk. he's actually at the beach, but the caribbean queen was gracious enough to call in and give us his next move. hey, dan, how are you? >> hey, guys. you know, i was called a muppet last week and now i'm a caribbean queen? >> i

du neng ji makes nike shoes-- one of tens of thousands of nike employees scattered across the world.u neng ji and his fellow workers are a small part of the chinese link in the chain of global production. ( du neng ji speaking chinese ) translator: the reason i came to work here is simply to earn a living. i came from chendgu in sichuan province. i didn't have much of a job back home. i've been working at the number two factory for 2½ years. i feel good about it. my ambition is to become a manager. narrator: most of these workers are like du neng ji. until the facties came, they either ratched out a living from farming or had no work at all. now life has changed dramatically. ( du neng ji speaking chinese ) translator: although we have to work hard for eight to nine, sometimes ten hours a day, i still feel very happy. i live in a dormitory, but i feel as if i'm living at home. narrator: millions of chinese have left their homes to work in places like guangdong. man: china has changed. it's one of the most exciting places to be doing business in the world right now. narrator: these wo

let's talk first about nike.here, they've just gotten back the nfl jersey contract. >> right. >> and they've got tim tebow. >> they do. so we're going to have an nfl deal. we know that on the 4th, on april 4th, they'll be announcing more details. we want to find out more about this. maybe they'll give us guidance on it. retailers told me april 27th is the date they'll start coming come out. fuel ban, nike plus, that's their digital space. what they're doing measuring your workout. how big is that? we know these things have sold out four or five times nike's put them out. how many have they actually sold? nike's like apple, they're secretive like that. london, olympics, we know europe is better for nike than a lot of other companies right now. looks like the olympics will be great for them. and the good thing that it is in europe. that helps out. and finally, pricing. they have passed the pricing on to the consumer. $10, $15, $20 they have added to the shoes. and people still buying the swoosh. >> they want the jo

we're going to look at nike.hould you be taking profits ahead of the earnings or double down on this hot stock? it has been a place to be. we've got numbers next as we look at nike. >>> plus, just because gasoline prices could threaten president obama's re-election in the fall? we'll look at both sides of the aisle. still to come here. >>> as we look at major commodities, mostly in the red with the exception of corn and sugar. back in a moment. ♪ [ male announcer ] the 2012 m-class continually monitors blind spots, scans the road to reveal potential threats, even helps awaken its driver if he begins to doze. so in the blink of an eye it will have performed more active safety measures than most cars will in a lifetime. introducing the all-new 2012 m-class. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. [ technician ] are you busy? management just sent over these new technical manuals. they need you to translate them into portuguese. by tomorrow. [ male ann

that is because nike is take over the rights from rebok but they have responded and nike say rebok isurting their chances to cash in on this. but i learned from randy before i read this what really happened. one company had the rights to all of this with the teams, with the league, right? you explain it. >>randy: as i understand it you have to get the approval to make the jerseys first, from the league office, and, also, from the players. not each individual player but from the players association. the problem was the contract of rebok did not expire at the same time. the contract with the players association, permission from tim tebow, expired we federal 29. for rebok but the permission from the league does not expire until march, 31 days, march 31. so nike does not get started so rebok, they say let's make as many jerseys as we can and deal with the fall out later. it was a gaffe and someone, i think, messed up. >>shepard: kind of like around here we have rules of video you can use from the internet and i say, just use it we will due the lawyers later and the producers are, like, no

so china no doubt is the biggest risk to the nike story.eing said, the numbers that nike's been posting over the past several quarters, their futures program has been providing some pretty good numbers there. so i think, you know, while the macro risks in china aren't clearly an issue or risk, nike is clearly taking share from some of the local players out there and outperforming. and as far as europe goes, that's been a lagging geography for nike for a while now. and this summer you've got the london olympics which could prove catalyst as well. >> good to have you on the show. apologize we're short on time. thanks for joining us. >> no problem. >> let's trade nike. >> talk about taking share and that's one of the areas where you want to be a little concerned. would they be gaining share or losing share? if he's right about this, i do like nike going higher. but i would love to see a pullback. seems like it's priced to perfection right now. >> stephanie. >> i 100% agree i want this to follow. watch out for margins, that's a big issue. can t

nike is suing reebok. >> yeah. nike as of today takes over as the official shoemaker for the nfl. in anticipation of losing the contract, what reebok did after the trade from denver to new york, they grabbed tim tebow and started cranking out tebow stuff. well, nike claims, well, look, the deadline is today. that's not fair. it's unfair. it's violating certain intellectual property rights. therefore, we think we're entitled to relief. actually what happened here, fredricka, is that tim tebow's lawyers jumped in. on march 1st, reebok lost all rights to tebow's name. they went ahead and this past week a federal district judge granted a restraining order against reebok from putting any more material out there and making any more marketing on behalf of themselves. >> even though that production, richard, took place before the handover? they wouldn't be able to sell that product? >> fred, you don't tug on superman's cape. nike has the contract now. reebok had it for 10 years. asafry said it expired march 1st before the tebow trade. in order to produce and manufacture merchandise with t

isn't that going to hurt nike?mean, china slowing down hurts overall, but we just think that they have such good product that not everybody slows at the same time. we've seen some of the competitors, chinese companies, have some softness. but nike offers the best value. has the best marketing out there and seems to be just taking share from those others. as far as the european economy, that business has been a little bit softer. but we continue to expect, you know, significant futures growth. and we've seen, you know, mid-single digits, same store sales from foot locker recently. which talks to that issue. it's a little tough right now with the colder weather there. but we continue to think that the new innovative products will continue to drive for some time. >> okay. >> on the footwear side we've seen the cycles in the past which generally last three to five years. we're probably only two years in to what is appearing to be a very, very strong footwear cycle right now. very positive for nike. >> okay. we have a p

nike is asking a judge to bar its rival from selling tebow items. the company claims reebok is improperly taking away sales that nike would otherwise make when it begins its five year contract with the nfl on sunday. okay nike your contract hasn't started yet. >> you're trying to influence because you have the intent. >> exactly. >> so interesting. >> we'll see how this turns out. >> it will be controversial i'm sure. thanks jess. >>> all right, supporters of metro silver line are trying to sway lawmakers about some doubts about funding the project past dulles airport. >> more on that story and plus your weather first coming up in two minutes. you're watching 9news now. >>> good morning, welcome back to 9news now. went to dinner last night. i had a jacket in the car. just in case, didn't need it. one of the most beautiful evenings of the month. >> yeah, once we got the little line of showers and storms to pass in the afternoon. pretty nice. >> lovely. >> cooler air moving in this morning. and hopefully last night was enough showers to clean the air

this is the third quarter for nike. it's better than expected on the bottom line. $1.20 a share versus a $1.17 expected. let me go to darren rovell with more on the headlines information on the nike earnings. >> maria, you're right the. b to 3 earnings, the match on oh the revenue of $5.8 billion. the gross margin is not what analysts were being looking for. they were looking for 44.5%. it comes in at 43.8. obviously that's a concern. nike has said that the commodity costs have gone up. they are coming down a little bit but in the same time they are really trying to bring up the costs. and luckily, as the costs have been absorbed, people are still buying with nike. so people are looking at that for growth. we're also looking at the guidance for the full year of 2012. they were 20.9 billion in fiscal 2011. as we get more numbers, we'll come back to you and then obviously throughout the day as the conference call goes. >> all right. we'll be back to you, darren. thanks so much. once again, i'm talking now with the co-ceos

that's as far as nike ascertains. >> how much do you think nike has been damaged by reebok. >> that's the key. not only is it the 10,000 shirts and jerseys out there but the main thing is nike is starting to sell this. it's going to be the same jersey look but the fabric is going to be different. they spent a lot of money on this and you can bet there are going to be people who bought the shirt and jersey. not only is it the 10,000 number, you can bet it's also additional damages if they also believe that people now won't buy the nike version because they bought the reebok version. >> darren rovell, thank you so much. a lawsuit that could impact the election. up next, what the supreme court jis citieses are saying about the constitutionality of the health care reform law. >>> then, the outlook for home ownership. >>> i'm diana olick in washington. the american dream of home ownership is still alive and well but many are choosing to put it off for a while. the housing results from our cnbc economic survey coming up on the "closing bell." apon in your fight against lawn weeds. ortho wee

uniforms and nike shoes. so the question is this -- about eight months ago you said nike might be turning into a cyclical stock. i just wanted to know did you change your position on that or are you holding firm? >> i think there's a lot of secular growth in nike and also cyclical. we have the olympics. you do get a cyclical up swing. let's just put it this way. they're in both worlds and both worlds are good, the cyclical and the secular. that's why nike is going higher. it's the best growth stock on my radar screen other than starbucks, whole foods, chipotle and mcdonald's. yes, i'm not giving up on that. chris in minnesota? >> caller: i like capital one. they're likely going to get hsbc. i saw their stock offering today. my question is do you like their move? >> stephanie link, the research director. she and i go back and forth to get into capital one. she's arguing, listen, you can't have it, it's not diversified if you have american express and capital one. i keep saying we have to get in on the second o

nike's new line including basketball shoes that can measure how high you jump.in that with we return. >> i want a pair.  >>> the georgetown hoyas looking to punch their ticket to the sweet 16 but the georgetown yellow jackets stood in the way. sugar rogers scored a team high 14 points for the hoyas. the jell-o jackets win 76-64 to western hair first trip ever to the sweet 16. even with the loss, congratulation to tia mcgee and ruby lee wright. they are part of the winningest senior class in georgetown history. >>> to football now, it is official. peyton manning a denver bronco. he was officially introduced yesterday with the own are and yen manager. manning signed a five-year deal that will make him the highest paid player in the nfl paced on an average annual salary of $19.2 million. >>> nike is set to uneventual a new line of next generation gear. >> it includes a pair of basketball shoes that can measure how high you jump. robert gray has more. has more. >> reporter: new jersey turnpikey unveiled its scene of the accident generation gear with ty

in a statement, nike said this month's nike is scheduled to release a quick strike version of the nikes been unofficially named by some using a phrase that can be view the as appropriate and insensitive. we apologize. no offense was intended. again, this is the unofficial name of the shoe. it's not what the nike named the shoe but what some retailers referred to it as the color. do you think the unofficial name of the shoe given the little history we just told you is offensive? go to facebook.com/newsnation to cast your vote. that does it for this edition of "news nation." i'm tamron hall. martin bashir is up next. chocob. the what? half man, half beast. he'll stop at nothing to sink his fangs into people who steal other people's chocolate temptations. but you guys have nothing to worry about, right? [ man ] aah! [ campers screaming ] nice job, chocobeast. thank you. [ male announcer ] six indulgent layered desserts at 150 calories or less. temptations. it's the first jell-o that's just for adults. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots o

nike is now suing reebok for using tim tebow's name on its jets memorabilia.d tebow to new york last week. nike accuses reebok of capitalizing on that by saturating the market with tebow mtsz. nike will replace reebok as the nfl of eun forls and shoes this coming sunday. it says fans who bought . >> quarterback danny o'ryan will soon be a badger. o'ryan has decided to transfer to the university of wisconsin. he'll be eligible to play this season because he's grauding from maryland. he was the 2010 ac rookie of the year. several schools including florida and penn state also supported him when he announced he was leaving maryland. >> a lot of people thought he was leaving to go to vanderbilt. wisconsin. >> we wish him well. >> exactly. our time right now is 4:5. rai raising concerns about safety. >>> plus, ready for a comeback after being flooded out. what you can expect when several popu >>> good morning and welcome back. bus drivers in montgomery county have filed a lawsuit. they've called for two bus models to be pulled out of service. the europe onsays its c

just people sense. >>> shares of nike rose 1%, better than >>> shares of nike rose 1%, better than expected- we'll go to darren rovell in just a moment. meantime, if you had to pick on something in the report -- >> gross margins, a little disappointing. sales in north america were outstanding, that's a surprise and western europe were a surprise as well. want to pick on one thing. look at an inventory build one of two ways. inventory up 32% year over year. you can say that's a good thick or it's sort of augers poorly for margins going forward this. stock has been a monster. no way i would tell to you short this stock here but given the run that it's had and given what potentially could happen to the tape, it's not a bad place to be taking profits. basically at all-time highs. >> 52-week high at 112.97. after hours, 112ish right now. i think when you look at future orders which were up above expectations at 18%, i think the street was looking for 13%, that tells you a lot. you've got the olympics coming. you've got the euro cup coming and also the new nfl uniforms. i think nike is a place th

my question is about nike. able to grow market share using tech with products like nike plus and their agreement with apple and also the new product roll-outs for the olympics? >> i have to tell you, i was on the nike -- on the foot locker call. i've been doing a lot of work on nike versus under armour. nike has great technology. it's not just under armour with great technology. i think it's a buy going into the olympics. stay long. let's go to gary in new york. please, gary. >> caller: forget about it boo-yah to you, jim, from brooklyn. >> from brooklyn? i was in brooklyn twice this week. i'm tweeting all over there. >> caller: my interest is in liberty media. i've had it for years. it's done well. they ended their lease with netflix. i'm curious what do you think they're going to do with all these assets now that they're not shopping them through a delivery system like netflix? >> we're not sure, but we know that this company is a very well run company, and they've managed to be able to dominate in this space

tim tebow's name is at the center of a lawsuit filed by nike. they are suing reebok for selling new york jets apparel with the name of the new quarterback. nike says it is the only company authorized and licensed to use his name on clothing. there's confusion over rights as the league is in the midst of dropping reebok in favor of nike. reebok didn't respond to a request for comment on this story. >>> an ingredient that makes strawberry frappuccinos pink has grossed out people this morning. that beautiful pink hugh that the drink that color is courtesy of crushed insects. a barista gave that news to a website that is unhappy with the coffee chain. they started using bugs to move away from dyes. and other artificial ingredients. the extract is fda approved and they say it would never do anything to harm customers. here's what customers had to say about the news. >> it's still technically all natural and still probably organic. >> did it gross you out they use bug extract. >> they use bugs in all sorts of things. i am not terribly surprised or con

. >> do we have a second to talk about nike? >> nike's interesting. up 1% after hours.ople weren't pay ago tension to the large inventory number, the problems a little bit with inventory in china and europe. the north america -- north american revenue was tremendous, up 17%. >> why is that? taking market share? >> although there is cost pressure, as there is everywhere, nike said we're going to raise the average cost of a shoe up $5, $15. you have a problem with it? consumer said no. >> they're paying more in china, though. >> they have something called fly knit, their new technology. it the upper of the sole in one piece. what does that mean? labor is reduced by half. once they move this fly knit, picture of the top of the shoe knitted in one piece, okay, where now you're doing it in four or five pieces. if this fly knit technology goes throughout all of nike, the labor cost gets chopped. >> it's not about comfort, it's about cutting out all the people making them. >> i'm reading that book "born to run." >> oh, chris mcdougal, that's one of the greatest books. >> these

and earnings from nike on thursday. this is nike's year, whether it be the olympics or world cup soccer or just an overall sense that the world's become their oyster. remember, they trade on shoe orders. nike along with mcdonald's and starbucks represent my favorite senior growth companies in the pantheon. then on friday, darden reports. now, what can i say? this used to be the sell at $4 gasoline stock or at least it was. to me it sounds like the consumer's not cutting back on red lobster and olive garden at all. and the new ad campaigns seem to be kicking in and working. believe me, though, this is important, this one will get hammered on the slightest worry about gas prices going higher. so fearing the murmurs, i would take some profits ahead of the quarter if it's still north of 50 going into it. darden's still inexpensive. but i worry the analysts will ask nonstop questions about gasoline. we also hear from kb homes. the home builders have been the leaders since the beginning of the year. few stocks have made more

nike claims it has an exclusive licensing deal with the star quarterback, sunday nike replaces reebok as the supplier of nfl uniforms but insisting all unauthorized tebow products be recalled or destroyed now last night a temporary restraining order blocked any more sales of reebok tebow merchandise interesting. >> they should just give them all to schools. >> this is an interesting thing because if reebok has rights until this weekend,. >> why can't you buy it. >> interesting point. >> america. >> can i do a quick shout out. >> shante moore familiar name. >> really? >> shante moore the viewer who loves the show i was doing a little research in nordstrom rack yesterday just to see how the economy is coming back. >> right. >> i ran into shante she says i watch all the time i said well, what time do you watch she said from 6:30 a.m. to 10:00 a.m., a little shout out good morning. >> good morning. >> did you help spur the economy at all. >> just a little bit. >> it is important. >> quick look at the weather forecast an easy one lots of sunshine breezy, you know probably bring along a jac

nike releasing their new air jordan 2012 sneaker today. the street" reports. ♪ when your chain of supply goes from here to shanghai, that's logistics. ♪ ♪ chips from here, boards from there track it all through the air, that's logistics. ♪ ♪ clearing customs like that hurry up no time flat that's logistics. ♪ ♪ all new technology ups brings to me, that's logistics. ♪ two of the most important are energy security and economic growth. north america actually has one of the largest oil reserves in the world. a large part of that is oil sands. this resource has the ability to create hundreds of thousands of jobs. at our kearl project in canada, we'll be able to produce these oil sands with the same emissions as many other oils and that's a huge breakthrough. that's good for our country's energy security and our economy. ttd#: 1-800-345-2550 let's talk about the cookie-cutter retirement advice ttd#: 1-800-345-2550 you get at some places. ttd#: 1-800-345-2550 they say you have to do this, have that, invest here ttd#: 1-800-345-2550 ttd#: 1-800-34

. ♪ nike polo, nike polo but then my brother actually gave me the idea -- tommy -- he gave me the ideapackers. ♪ you know what i wear ♪ green and yellow ♪ green and yellow ♪ green and yellow ♪ green and yellow >> green and yellow are the team colors for wisconsin's green bay packers. >> they're our favorite team. we're all diehard packer fans. ♪ i'll show you what the real is ♪ ♪ green and yellow ♪ green and yellow ♪ green and yellow >> jbyrd owes his brother big-time, because "green and yellow" became a super success. it's has about a million hits on youtube. >> ♪ and hope you're diggin' this ♪ ♪ 'cause i'm a diggin' this ♪ i'm really tryin' to winnin' this ♪ >> jbyrd recorded his fourth music video in new york's times square. he told us his big wish is to be able to record a song with tech n9ne. >> i'm hoping that comes true, 'cause he is my favorite rapper, all hands down. >> in the meantime, jbyrd continues to write lyrics on his ipod touch -- no pen and paper necessary for this guy. now that he's officially a teen, he has this advice for other aspiring young m.c.s. >> keep focused

. >> nike taking reebok to court yesterday. why? >> all over new york jets tim tebow.ike says reebok no longer has license to sell will merchandise and make merchandise with de bow as a jet. they have a temporary restraining order. >> nike taking over for supplies 32 nfl teams next year. pretty exciting. a lot of guys like that smooswo don't they? >> what about at&t and verizon. no longer are you looking at the land line and see charges. >> people still have lan lines. we to to make sure. if you check your lan line phone you may have noticed fraudulent charges here voice mail you haven't asked for. they add up to 10 billion over the last five years. a senator says let's have a bill to make that practice illegal. in the meantime at & t and verizon say they have stopped cramming. he wants a bill passed. >>> check your phone bill make sure you are not getting charged these fraudulent charges. thanks lauren. it is now 19 minutes after the hour. in just a few hours from now the weekly unemployment figures come out and that's why we want to help. three companies hiring right

that's after nike sued its rival. nike is about to replace reebok as the official n.f.l. apparel. reebok can only sell items made by march 1. denver traded the quarterback to new york last week. >>> blackberry just isn't smart enough for a lot of us anymore. the company has been struggling to compete with the iphone and other high-tech touch screen models and now blackberry's manufacturer has decided to basically give up on the individual consumer market. it's going to only focus on business customers. in the last three months only one out of 20 smartphone buyers actually chose a blackberry. how times have changed. >>> best buy will close 50 of its big box stores by the end of next year. electronics retailer wants to concentrate on expanding its smaller best buy mobile stores. the company made the announcement after reporting it lost $1.7 billion last quarter. >> that means they just overexpanded. >> you know, there's also a demand issue. it's the question of consumers, do they want to walk a hundred yards to find one little device they could find some place else. >> interesting w

. >> nike, so exclusive distributor of nfl jerseys the first time this fall and stock up 40% by superda: jonas bull or bear on nike. >> already expensive, my friend. >> brenda: okay, what do you like, jonas your pre he dix. >> sky high oil prices and airline stocks cheap and play with fidelity fund and represent in one year. >> brenda: okay, toby, bull or bear. >> what is he smoking, he's crazy, going down and-- >> okay, and your prediction, toby. >> three out of ten kids are li

nike says reebock is trying to cash in on tebow mania but doesn't have the right to do so.says it's the only company authorized to use tebow's name on football products. nike is seeking unspecified compensatory and punitive damages. >>> now to something that's sad to say. a special statue has gone away. it's a statue that sat on the estate of the late theodore gazelle, also known as dr. seuss. someone managed to swipe this two-foot-tall bronze figure of his character the lorax. even though it weighs about 300 pounds dr. seuss's widow discovered it was missing from their garden in california on monday. his step daughter the artist who actually made the sculptor is pleading for its safe return. it is valued at $10,000. >> we hope they get it back. >>> up next on news 4 at 4:00 local dancers get a chance to show off for a famous producer. >>> also meet the 82-year-old grandmother who refused to let a [ male announcer ] for making cupcakes and deposits at the same time. for paying your friend back for lunch from your tablet. for 26 paydays triggered with a single tap. for check

nike wants to hit the ground running with a new issue. jane king has the bloomberg business report. -- a new shoe. >> take a look at what nike calls a game changer. this hit stores in july. it is made with synthetic yarn. it is supposed to feel like a sock. netflix trying to peddle its content on cable. watch for the first cable partnership by the end of this year. investors keeping an eye on apple. the company expected to unveil its latest ipad later today. yesterday it was a free fall for stocks. more worries over the global economy. the bloomberg maryland index taking a dip. check out starbucks first european concept store in amsterdam. when doors open on friday, it will be the biggest star box store in all of europe. the ceiling is killed with more than 1800 hand cut wooden blocks. it will have are rare and exclusive coffees. i'm jane king for wbal-tv 11 news. >> beautiful. >> the coffee will cost you 50 bucks. some problems on westbound 100 us long things down in anne arundel county. >> he is considered the face of the nfl for many.

told, nike paid a lot of money -- we were talking about this because nike reports earnings after there not going to be drastically changed but kanged enough so you'll be forced to buy them. they're going to be tighter, different materials. just with the tighter change -- >> let's not make this for the consumer. >> let's not go too much tight are for the consumer or everyone will have to buy the xxl. because of his overt -- i don't want to say selling of his christian belief, he's the most polarizing player in sports. i will tell you the highest -- the biggest book sales of any sports figure last year, he sold 200,000 books and a lot of that is because in the christian book stores, they buy 20 at a time. >> i don't know how religion plays in new york. it's an interesting issue. >> coming up, why roger altman says wall street needs to think twice about the goldman action flap. and then later, he's rumored to be a potential vp candidate. what does senator rob portman make of the republican presidential race? we're going to ask him at 7:30 a.m. eastern. nal pull and hurtle us all into sp

nike is worth noting also.n most fronts except for the gross margin issue it was a good report. nike shares were down by a half percent here on the sort of flat tape. taking a look at luxury clothing maker kors selling a secondary at a 3.5% discount, $47 a share is where the secondary price is so it's trading just under that right now. so that stock is down 4%. what a ride since the ipo right here at the big board in december. i mean it ipo'd at 20 bucks and here we are in just three months. >> and an upgrade at the car sector over at gold i believe grading dfs putting it on their conviction buy list. also ast they say credit losses should stay lower longer, lower rates in goldman's view, lower rates they say support margins for the group which currently trades at 9.6 times 2013 estimates so people on dfx and asp as well. >> we talked about smoking being an indicator. altria getting an upgrade today and of course it's tobacco. so wells fargo is upgrading to out perform. the price target range is now 31 to $33 s

does anyone have a nike plush issue and this group? i bet not. i'm just trying to get a sizing of the group year. it's important. then the other -- direct life, the jawbone up recently released last week nike fuel been. does anyone use that? one, okay. there we go. i recommend them to my patients because that gets them to get active and get to 10,000 steps that most people don't. what's great about it is throughout the day you're getting reading of how many subjugating and gets people moving because they want to be more active to fulfill not getting alums and having the right like to show or whatever it helps to remind you. the other problem we have today in the health side is sleeplessness. we are so wired to our wireless devices that we can't sleep. this is a really significant problem. i should ask, has anybody heard of this device? no one. a couple people, okay, that's good. that is the only -- the are several sleep monitoring devices you can put under the mattress or under your pillow. they don't measure brain waves. this measure bring ways.

there's some confusion over rights, as the league is ii the midst of dropping reeeok in favor of nike pot respond to requesss for comment.the price of an averageegallon of regular gas purpassed three-90 wednesday... moving to within a dime of the four-dollar mark. the price has risen for nineteen consecutive days.many &phomeowners hoping the 26- billion dollar foreclosure them will be disappointed. that's becauss most are not bank that issued their either to fannie mae or freddie mac or to investors. only loans held by thh banks &pann some of their investors will be modified. the rest of the borrowers will bb left out in the cold.for busiiess p-----nd-----cnn.sc overseas didn't keep him away. away.how this soldier was there... for hissbaby's birth. birth.city workers caught drinking and gambling on the &j investigators on exactll what on.

the latest earnings news is out from fed-ex, nike, oracle, and tiffany.hen the number of new rh residential units. that roared out on tuesday. and ten the nation's realtors report the number of existing home sales. and then on friday, new home sales will be out ending off the week. finally, the bookends after more than 200 years encyclopedia britanica will no longer be available on the printed page. britanica planned to focus exclusively on its digital product. the final print edition weighs 129 pounds. if price? $1400. a sign of the times. that will do it for us for today. thank you so much for joining us. my guest next week, investment strategist with his predictions for the market for 2012. have a great week, everybody. i'll see you again next weekend.