nike is a big part of it. great day for nike.'ll tell you the story, they're aggressively returning cash to shareholders. that's the important thing. the dividend increased 14%. $12 billion buyback. these guys are buyback monsters. i'm trying to put this into perspective. they have reduced share count by an average 2% annually for the last ten years. that's enormous influence. we talk about ibm as a big aggressive buybacker. nike is the king. elsewhere, the retailers, another good day for retailers. abercrombie surprised everyone. sales improving. that's 20%. foot locker has been strong. ross stores has been strong following on tjx. another good day for retailers and another good day for the major indices. remember, we were down last week 3%. guess what we're up this week? 3%. the russell is lagging a bit. but germany up 3.8. that's not a typo. france is up 2.2% this week, even china up 1.4%. on the ipo front, it's another tough ipo day because two out of the three didn't make it. duluth holdings, which makes buck naked underwear

nike cleats. matter of fact, can i get them in orange, and can i buy them at clemson?' >> do you know now what you gave away? >> absolutely, i definitely understand now what i gave away, and it was pretty much who i was. i became in a sense, in some people's eyes, i'll always feel like a person, but in some people's eyes, i became more of a clemson's possession. >> meanwhile, the college football boom has been good to clemson. the school has committed $200 million in a decade to expand its stadium and practice facilities. >> corporate fingerprints are all over this game. up on the electronic banner, you can see it says verizon. we've also seen td bank, ups, coca cola, and nike. nike in fact is not just on the banner, it's on every single player's uniform, and on their shoes. >> we bring in a lot of profit in this city alone. so the fact that we're putting our lives on the line, there's people out there dying from this, being able to never walk again... >> coach dabo swinney enjoys celebrity status

nike and under armour, the sports an the athletic wear is selling. footlocker benefits from nike. they have a few arrangements to help the finish line gone, macy's, they will struggle. and all of the companies have inventory blow and there is nobody walking through the mall shopping. >> and i get why we talk about -- the retail is different than the apparel. but to me under armour has problems with designation. i think they have grown too fast and in a place where the valuation can't be supported. i look at home improvement, home depot, lowe's and sherman williams, you have household formation growing. homes selling in 2015. 3.7 million available. you are at a place where they are not growing stores. lowe's, home depot, they are not building. they are getting more space out of the retail. the valuations will stay high because they could be more profitable than they've ever been. >> i'm glad you mentioned under armour, it is night versus day. and they have a dividend as well. >> nike is much, much better -- >> but under armour outperformed nike until the last stretch in retail. und

nike letter n.ks i think it is firing on all cylinders. adp i like because i think it is more of a small to medium business cycle. i like paychecks more than adp. i would put in paychecks. proctor & gamble breakout we have been waiting for and then comens stop buying back stocks. a manufacturer, consumer products, payroll processor, restaurant, retail and apple. remember what i say about apple. own it -- come back. this is more than just a town. this is our home. and small business saturday... is more than just a day. it's our day... to shop small at the places we love... with the people we love. for stuff we can't get anywhere else. and food that tastes like home. because the money we spend here... can help keep our town growing. on small business saturday, let's all shop small. for the neighborhood, the town, the home we love. on november 28th, shop small. and this year, look at whate he put in our driveway. the lexus december to remember sales event is here. lease the 2016 es350 for $349 a month

let's start with nike.ou were suggesting this may not of been the best decision for the company to make. they could have acquired one of their competitors like lululemon. is nearnike stock all-time highs. it's a 30% so far this year. it's basically buying back stock at more expensive levels than they could just by lululemon. david: what accounts for nike strength. ? there's a crossover between casual wear and athletic wear, with nike? shelly: nike's odd taher, and that's exactly it. as the rest of the world is catching up to this whole concept, nike has already been there. ,avid: let's talk about gap company that's been struggling for a while. what accounts for that? is it what they are selling, or something more? shelly: it's looking at the difference between how old navy is doing to banana republic. it shows a bifurcation of the market, we have people looking for cheap stuff that old navy and more expensive stuff at higher-end retail stores. you have brands like banana republic in between, that middle mar

nike announcing a buyback and a split. scarlet: mario draghi vowing to do what it takes to spur prices higher. we want to start with the market check with julie hyman. are we getting the volatility? stocks have been steadily rising. we are not getting the volume yet. i am looking at the volumes, 4% below the 10-day average. a surge at thee close with the expectations of futures contracts. the s&p of one half of 1%. the dow is leading in percentage terms, up 6/10 of 1% helped by nike and united health, the biggest contributors to the game after nike announced a 2-for-1 stock split and a buyback. they're bouncing back after yesterday's decline that it may pull back from its affordable care act coverage exposure. it was ae analyst say buying opportunity. susquehanna says they do not think this will be a material event for united house. the dow is turning positive for the year to date. not by very much, just of a 100ths of ajust 8/ percent. we have positive numbers from retailers. it seems like it is give and take. somethingre

nike letter n. starbucks i think it is firing on all cylinders. adp i like because i think it is more of a small to medium business cycle. i like paychecks more than adp. i would put in paychecks. proctor & gamble breakout we have been waiting for and then comens stop buying back stocks. a manufacturer, consumer products, payroll processor, restaurant, retail and apple. remember what i say about apple. own it -- come back. so how ya doing? enough pressure in here for ya? ugh. my sinuses are killing me. yeah...just wait 'til we hit ten thousand feet. i'm gonna take mucinex sinus-max. too late, we're about to take off. these dissolve fast. they're new liquid gels. and you're coming with me... wait, what?! you realize i have gold status? do i still get the miles? new mucinex sinus-max liquid gels. dissolves fast to unleash max strength medicine. start the relief. ditch the misery. let's end this. start the interview with a firm handshake. ay,no! don't do that! try head & shoulders instant relief. it co

now to the biggest mover of that dow today, it is nike. sara eisen joins us. >> for nike investors the holiday presents came early this year. investors got the $12 billion buy back, a 13% dividend increase and a two for one stock split. on top of that helping to fuel a, what, 5% rally in the stock today to all time highs cementing niek's spot at the top of the dow jones industrial average. nike has been able to avoid the retail slump thanks in part to the strength in athleisure, it's trendy, it's growing and it's a real stand out in an otherwise sluggish apparel environment. also they have had pricing power, charging more because their innovation machine is alive and well and the company has been revamping its comply chain to make production and distribution more efficient. all of that has helped profitability and margins and also global strength. with nike particularly in china and western europe those places where many other companies are having trouble growing nike is posting double digit both in both geography. why analysts remain bull

nike is having a good year and this is more proof of it.tock is up 31% to far in year. >> that has it price surprise ds at $131 a share, this will tick it in half. >> i do think all these things that you say are absolutely true, when you are a 30 times earnings stock, there is a huge financial entity you have to do these shareholder friendly things to keep that going. it wasn't that long ago people thought nike is kind of a personality cult, honestly it really wasn't that long ago. >> their ceo his background is in design. he's coming of age in this company, the founder is getting ready to step off as chairman of the board pass the reins over to parker. it fits into that coming of age story for nike. >> i like the athleisure movement here as well and this is what i think it was kevin flank said when he said why do people want to wear uncomfortable $200 jeans anyway, leggings are the best thing that has happened to people. when you look that whole moment when i think societily you looked at people in niece yoga pants and everybody said what'

and ceo of nike.the reporter from "fortune" went to go interview phil knight, who founded nike, the first words out of his mouth were "what took you so long? it's about time that somebody did a story on mark parker." an interesting thing about him, tyler, is that he's not one of these ceos who's a big headline grabber. >> not a high-profile guy. >> he's not abig big ego. he's an introfrt. he's also been with the company for 40 years. didn't come from finance, didn't come from sales, but designing sneakers and he still gets very involved with -- >> but they've been so innovative with their products and that's one of the things that's been -- it's revolutionized the industry. >> new technology. you know what's interesting, sue, is here's another statistic. nike commands the whole athletic shoe market. whether it's running or basketball or soccer. 62% of the market. >> i was interested in number 3, andrew wilson of electronic arts. another name a lot of people don't know. they may know his products but t

is this a reason to buy nike? >> i think it's sort of like the way the swoosh is the bonus on how well they make their product. they have so many good things going on. they talked about how strong their business was, $50 billion by 2020. revenue about 10%. this is saying they've got strength up their sleeve. i think you'll see that momentum go into next year. especially into the olympics. good news is their competitors are doing exceptionally well, too, which keeps the whole athletic apparel and foot wear space cooking. >> we've seen slowdown on the stock for under armour. are they losing momentum? is nike taking back share? what do you think is going on there? >> under armour is so strong, i think it's just a long-term big play. i think under armour is doing incredibly well at the same time. i think under armour said they are looking for a 25% over the next ten years. i think it's taking a rest here. nike does better when everyone else does better. i think adidas is starting to get better. i don't think one takes

the market capital of nike is about $110 billion. we're talling about almost 10% buyback that's going to be announced over several years. there have been very aggressive in the buyback. they have reduced the share count an average of 2% annually over the last ten years. that's one of the reasons nike has been an outstanding performer. in addition to being able to grow their sales, cut shares outstanding, and grow your sales. there's a recipe for moving a stock up and nike has been one of the winners. elsewhere it's been very interesting week in retail. we started off with the disappointment of the department stores, and now weave been getting other ones, including discounters like raw storage, like tjx, had a good report as well. even abercrombie. abercrombie, of all things, surprised on the up side. they had swishlt sales growth. footlocker did better. the bottom line, the message is retailers outside of department stores are doing a bit better than people had anticipated, and, remember something, kayla, they sold the whole group of

nike is planning a two for one split of its shares. it's quarterly dividend by 14%. nike already has an $8 billion buy back program that's expected to be completed in may. last month the company is set to grow faster over the next five years. nike rising more than 3% -- almost 5% in german trade. but more than 3% in after hours trade. this is the 7th time that they have done a stock split over the past many years. the 7th time that they're doing this and it's still about returning value to shareholders. the company continues to grow. they continue to be very market dominant and they're trying to give back and keep shareholders happy. >> absolutely. it's interesting that this will actually have some not so minor implications on the waitings on the dow the weight of the consumer discretionary sector will be reduced from 18.3% while the industrial sector will rise from 19.1 to 20% according to s&p, dow jones so interesting information there. it's pause they have the benchmark price rating. >> there's a note from goldman sacks saying that

scarlet: nike is doing a stock i that program. investors cheering the news. says the new by that plan will take effect when the current $8 million authorization is completed. that is expected before the end of nike's fiscal 2016. there are also boosting their dividend. that is the bloomberg business flash. back with us now is alexander kliment. we are talking about russia, the u.s., and isis. syria and the islamic state are more distant, and less urgent than europe. president obama has made it clear he is not willing to commit troops, despite what happened in paris. how does that change in the event of an isis strike in the u.s.? alexander kliment transit was hit by a direct terrorist attack , they are still not sending troops themselves. it is difficult to imagine a significant amount of support. politically it is impossible. and a would see the u.s. bombing isis more. but i do not think you would see a real support for ground were. -- war. i don't think it will drive the u.s. and russia closer. joe: in the absence of a ground war, is there anything that the

and like nike, that's nike town.e just know that this is one of the most progressive, greatest companies. they're doing so many things right at nuike and people keep betting against it. >> lee gallagher, i didn't know he was a 40-year veteran of the company. and a relative introvert. >> have you ever met him? >> no. >> some people are these quiet competitors. mark parker is -- he has -- europe was fabulous. china's fabulous. he has great rapport with athletes. in the end, he's a shoe guy. he likes a great nike. i just can't say enough good about him. electronic arts. haven't they done a great job. that's been a big winner. and that whole sector. take two has been great. i like game stop. all these guys, it does translate to stocks. those stocks are all really good. and ea and nike have been giant winners. ea was an undermanaged company for a long time. these are companies. i like the correlation between the ceos and how the companies are doing and stocks are doing. mark parker doesn't get enough credit. i want to do

it's the global headquarters for nike. bringing to an end coe's 38 year relationship with the giant, earning him over $150,000 a year. coe said the controversy was not good for athletics for nike. >> i asked the ethics committee to look closely and clearly at it, and clool they have -- and although they concluded it's not a conflict as interest, as i have always disclosed t we decided i did not need the actions of the noise and we folked on steadying the ship. the teams are working 18 hours a day to do that. i wanted no more distractions >>> finally, some of the best nonfiction films made around the world recently are on show in qatar. they tackle issues as diverse as wore, sports and food. we have this report from doha. >> mr president, mr secretary-general, we are giving you our facts and conclusions based on solid intelligence >>> "war of lives" is an interview with an iraqi refugee whose evidence of weapons of mass destruction was used to legitimize the invasion of iraq. there was a big problem - his evidence was false

stocks are rare, but nike has been decided to do this this time. it has been a very profitable year. the net income rose at 22% to $3.2 billion. add $5.9 billion in cash and short-term investments at the end of the last financial year. they say that they will continue doing well, forecasting an increase of 16% in annual sales to $50 billion by 2012. that is because the women lines are doing very well and also doing well in leisure wear. rishaad: thank you. and other stories. heidi has a roundup beginning with events in france. that is right. the paris prosecutor says the alleged leader of the terrorist attacks last week was killed on wednesday. his body was found in an apartment and he was identified using skin samples. he was belgian and was linked to a failed attack on a high-speed train in august. and new antiterrorism measures by belgium to secure -- in security agencies. they briefed parliament. and the french president has ordered more airstrikes against the islamic state in syria and iraq. they also cemented a resolution to un security counc

she and all participants were allowed to wear only nike gear. she fractured her leg back in the 2013 event and says she would have been safer if allowed to use the non-nike, equipment. >> >>. >>> they collected 760,o 00 candy and noticed somebody had taken all of that candy out of the garbage. they said this is the first time there's been a halloween candy heist. >> well, take a look at this. a beautiful, snowy yosemite. this picture from the national park service one day after yesterday's storm. >> absolutely gorgeous. we have some wonderful images around the bay. a little drier. >> you can feel the difference in the air. it really feels like december right now. we'll talk about what's ahead. no fog to speak offen our ray dpar right now. no rain here in the bay area. but it certainly still is snowing in the area. we've seen some scattered showers with a flood advisory for the san gabriel valley. up to our north, first freeze of the season expected. we have frost advisories up for tomorrow morning. 3:00 a.m. to 8:00 a.m. we do have the potential

still to come, running into some cash, nike investors cheer a dividend hike after hours. we break down the details. that's next. don't go away. >>> welcome back. two gunmen have taken 170 people hostage in mali. the ecb must raise inflation levels and nike is to buy back $12 billion in stock as it announces a two-for-one stock split. >> ecb president mario draghi says we will do what we must to increase inflation. he says monetary policy will remain accommodating for as long as necessary. >> i reiterate what i said here last year. if we decide the current trajectory of our policy is not sufficient to achieve our objective we will do what we must to raise inflation as quickly as possibility. that's what our mandate requires of us. >> meanwhile, state side, the fed vice chairman says that the central bank has done everything it can to prevent a market surprise when it finally raises rates. speaking in san francisco yesterday, fisher says the fed telegrafd it's intentions so well that other central bankers now started to get impatient about it. >> when you have no intention

he was paid over $150,000 a year as an ambassador for nike. he isn't paid from the w.a.d.a. but there is a clear conflict of interest because of 2021 world games are to take place in eugene. if you look into the state of texas, nike headquarters is near eugene. you can see the link there. coe works for nike and he lobbied the head of the worth at lettics organization saying that he is going to reach out to him on behalf of eugene to them the championships. he knew he had to step down. some of his language was political. he said about the situation in the press conference in monaco the perception and reality have become horribly man geld. you have to disagree and say there is a clear conflict of interest. >> reporter: football in news from french. a ban on fans aattending away games has been extended until mid december. this follows the paris attacks. people won't be able to see their team on saturday. the suspension was originally issued last week. the government says it needs to continue during the ongoing state of emergency. the first game of the competition has be bon dow

>> a lot is being made this morning about those new nike uniforms that the teams wore. turns out that if you're colorblind, it was next to impossible to tell the teams apart! that is a little christmassy to me. >>> ahead on the morning newsstand, a fun way to buy a car. we will show you the first fully automated vending machine that will give you a new ride in just minutes.

kevin, nike doesn't pay much of a dividend, but they are rocking today. wonderful thing that happened. we were so concerned after macy's and nordstrom blew up thinking it's all over. consumers dead. no low cost energy dividend. where is it? now we see the light, the green chutes. >> as you said, it depends where you are expecting the consumer to go. >> not going macy's. they continue to buy stuff from nike and ufshdarmour and other retail names. abercrombie, footlocker, ross stores. >> it's a story that you can't say about macy's. i think when you look at a nike, it's important to say, hey, there is a vibrant consumer story here. not to extrapolate that out and say i want to oent rtx. that's probably not going to work. it hasn't worked all year. >> feeling pretty good about that. that's one of the considerable longs in our portfolios. we've been constructive. i think the important part to think about when we talk about the consumer is that it's not just about the retail. it's also about how they're spending in tech and media and on vashgz spz experiences.

nike has been one of the lone holdouts. we've seen an initial pullback that's brought it back in line but the risk again is that nike is not immune to the sell-off that the rest of retail has. we're going to be watching it closely but i think it's too early to say to just buy it because it's had a 10% pull back. >> understood. josh? >> i read your note as i usually do. more broadly speaking, you look at the -- some of the fundamental calls right now are in direct opposition to what the technicians are saying in terms of sectors so this morning tom lee came out and said we've been overweight consumer discretionary for six years. now we're overweight energy. it's going to turn the other way. everything that's been working won't and vice versa. if you look at the charts though, there's absolutely no indication that any such shift has taken place. so how do you square the circle if you're an investor who wants to take the best of both disciplines? >> i think right now -- you said discretionary has been the best performing secto

that's up 2% loss of nike. now that gap is only 3%.te for the 7:00, what they get off every transaction, has stabilized at 2.5%. everything fundamentally is strong. >> how much can we read through into apple from this? american brands, very popular. >> when you look at the gross merchandise rate, it has decelerateded over the past we're from 50% now down to 38 -- 30%. i think ultimately that is a concern. yes, it should be a concern for apple about how big the market actually is. >> jack ma says he wants to bring singles day to the rest of the world. david faber, we see 600 million to 800 million users in china. it's what he calls a one world, one internet policy. that's pretty far fetch given where we are in relation to chinese internet. >> this is seven x that. it's already so huge. you could make the observation that there's a growing middle class in china. more people that can do this. we've really just started. the deceleration is pretty scary, what are you seeing. >> the fear is that singles day is so big that it pulls up sales t

nike will split its stock two for one.he board of the world's largest sporting goods company approved a new $12 billion share buyback program, and it raised its quarterly cash dividend by 14% to 32 cents per share presplit. that sent shares higher in after-hours trading. >> and that late-day move in nike could help the market tomorrow. but today it was healthcare that weighed on the index and capped any gains. the dow jones industrial average off four points to 17,732. nasdaq down a point. and the s&p 500 dipped two. >>> to the economy now and some positive news in manufacturing. a survey by the philadelphia fed shows activity in that sector improved in november. it follows two negative readings. new orders and shipments showed some improvement as well. a separate report indicated continued strength on the job market. the number of americans filing for unemployment benefits fell last week by 5,000 to 271,000. >>> household debt has climbed toyotas highest level since 2010, now totals more than $12 trillion. a report by the

nike, now nike expected to have a big retail season especially with the holiday shopping season. it closed today at $134.13. it was up 1. it%. -- 1.2%. hit all-time high of $142 and change. consumer sentiment fell a bit. it is up to 91.3 according to the survey out of michigan. we also got numbers that consumer spending was down for october, and not exactly what wall street expected. but a good day for home depot and nike. david: adam shapiro, thank you very much. adam, appreciate it. have a good thanksgiving. president obama says there is no imminent threat from terrorism here at home. he says, don't worry, he is tackling the real threat to the nation, climate change. melissa: hmmm. as nervous americans hit the roads and airports for the holiday, how wilhitenned security affect your travel? we have all the latest coming up next. ♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark

nike announcing a buyback and a split.o draghi vowing to do what it takes to spur prices higher. we want to start with the market check with julie hyman. are we getting the volatility? julie:

stuart: nike, a new all-time high leading the dow, nike is right now.t go, it's coming, i promise you it's going to come, we'll get there. two subscribe r-- tivo subscriber growth, that's hit a record. higher costs eat away its profit and tivo is down, not much, 7 cents all you've got. john deere, profit and sales down, not as bad as the experts thought it would be. not sure if we've got john deere, but who is here? his name is marshal cowan, this is one of the guys that knows about retail stocks and with us this morning. aptally timed in this thanksgiving week. >> look what's happening, when you really recognize the consumer, you've got retailers who have been basically making it not black friday, not black friday weekend, it's now black november. stuart: that's true. >> you've got retailers that are going to beage chaed in some case because they got a little bit of the early business and some are going to prosper well through the holiday. stuart: surprise, surprise, i read your stuff. you like target? >> i do. they're doing a great job with getting ba

specifically, we saw a nike and united health.te was bouncing back and would potentially be pulling back from the exposure of the affordable care act. united health care saw shares dropped sharply. they saw this as a buying opportunity and nike announcing 2-for-1 stock split in a buyback authorization. these are hoping to get the dow higher today. earlier today, this crossed over into a very early gain and now it is in a very small decline. we will see how that goes into the closing bell today. betty: you are seeing a retailers higher on earnings? yes, but today, it seems as though the glass is more half full than half empty. if you like at some of these retailers and where they are trading today, there they are, abercrombie & fitch is a real out performer. in hibbett sports is raising its full-year earnings forecast. company's performance is doing well, but that is not really the whole story. companies tend to beat estimates. by $25 billion and we saw a revenue fall by more than $250 billion, so i guess it is better than expected

what nike once, nike gets. in asia forhas been more than a decade. you do not to show up.e to show you are vested in the culture. he is making off-season trips there for a long time. he is an iconic figure and has been for a long time. he won the championship, five of them. he will still choose around the world, long after his laying days are over. -- playing days are over. he knows what he is doing. so he will continue -- endorsements will continue to roll in. that will not stop. what else will he be doing? >> whatever he wants. he has an endorsement arm. look for him to leverage his name with tech startups. he has been there, he has been there for a while. michael jordan and magic johnson. those guys have become smart business. said he would like to own a piece of the baseball game. nice to have kobe in some sort of venture. that would help. betty: he has the world at his feet literally. thank you so much. goodbye. hello and goodbye. a quick programming note, dartmouth expert, danny blanchflower on with us next. ♪ betty: 11:00 in new york, midnight in hong kong. bloomber

when you look at cisco, apple, nike, caterpillar. isn't dot-com stuff here, these are big stocks with big market capitalization behind them. it's been a generally ugly week. any earnings report generally had problems this week. let's hope next week is better. >> we have more reports coming out next week. in the meantime our first down week in the last six weeks for the dow, we're down 203 points on the close. ringing the bell we have preferred apartment communities and at the nasdaq it's the pancreatic cancer action network. stay tuned, we wrap things up on the second hour of the "closing bell" with kelly evans and company. have a great weekend, kel. >>> thank you, bill. welcome to the "closing bell," everybody. i'm kelly evans. a tough day again for wall street, the dow giving up 201 points at the close as we finish this week where energy, consumer discretionary have been the weakest performers today and the dow and cisco helped to take a bite out of that index, the s&p 500 down 22, the nasdaq finishing down living up 71 points. a l

watching shares of nike. component announcing a $12 million stock buyback, boosting the quarterly dividend by 14% now with a need of 1%. it's been one of the best dow stocks of the year. >> by the way, that dow component right now, as you can see, the gains there at this point, up .25%. the gains by themselves are good for 35 points in the dow futures this morning. >> once it splits, that won't be good for as many, and we noted consumer part of the dow will be less important. >>> security forces around the world on high alert after the terrorist attacks in paris last week. gop presidential candidate jeb bush joined us on set minutes ago. this is what he said about the fight against isis. >> the first thing i would do, if i was commander in chief, would be go to the military, give me options. give me options to destroy isis, and not say, give me options, but no civilian casuals, options, but we have to have lawyers verifying options. give me boots on the ground. the problem is now there's conditions placed it'

joe: big boost today from nike, that was a major mover. we had the news yesterday they were splitting. investors like that. yields.s. two-year continue to creep up above 0.9% for the first time in a while. people start to lock in on that rate hike possibility. chipotle fell to the lowest level since 2014. it was the biggest selloff since 2012. alix: there was another e. coli outbreak linked to the restaurant. it has spread to a total of six states, worst performer in the s&p. already they had a deal with 43 stores already affected. analyst like nicole miller had already cut down 5% of earnings estimates. that does not count what happened today. joe: for a company with a huge reputation of having , this start --od strikes with a core brand idea. scarlet: it is a little bit like what happened with yum. it took them a long time to recover. alix: absolutely. how do you overcome that? for liberal people have been talking about how narrow the stock market rally has been this year. let's show you. this is how for star performers are driving the g

announced at a press conference in monaco that he is stepping down from his ambassadorial role with niked allegations of conflict of interest. after the u.s. city of eugene, oregon was awarded the 2021 world championships without a bidding process back in april. e-mails leaked this week appear to show that co had discussed the bid with his predecessor, and backed eugene, which has a close tie to nike. joining us now from the site of tonight's press conference in monaco is the german journalist who has been following this story closely. was this the right move for him to step down? >> i think it was a right move right -- move. i would say it was much too late because there have been so many press reports. i think it was too late, and this war, it was more reaction on the media reports. my feeling was that he still does not understand, this conflict of interest is obvious, but he has two at the end decide to avoid any further media coverage. sarah: this isn't the only drama we've seen and the world of track and field in recent weeks. russia has its own doping scandal going on at the moment

nike just did it. exporting company plans to buy back $12 billion in stocks in shares two-for-one. it has the stock up 5% in the premarket. they are coming off with the most profitable year ever. $3.6 billion in the ipo and that allows the dutch government to recoup some of the money, bailing out the banks during the financial crisis. why they owned abn amro, it turned them to a consumer lender from the netherlands. david: thank you. francisco is the head of global commodity research of thick of america and merrill lynch joins us for a third weekly decline of oil. francisco knows his commodities. i spent quite a few hours with francisco and i'm honored. stephanie: wearing a smart suit today. david: he always dresses well. there is global oversupply in oil and signs it will persist. take us through what is going on and with commodities. is there a bottom and when and where is it? francisco: we are entering the fourth wave of commodity inflation. we had the yen coming down in japan and the euro and this

it's easy to see where nike got the idea for the design of the shoe., we will talk more about the controversy and give you some of the history of where the battle for prince george's versus p.g. got its start. in durant's home neighborhood, brad bell, abc7 news. jonathan: there you go. a rager. we will ask what you think of the name in the twitter poll. vote, leave a comment on abc7 twitter feed and let us know your thoughts on the subject. new shoes should stay nice and clean over the next couple of days. alison: right. no rain means no mud. that is a good thing. doug hill is here with a look at what the forecast does hold for us. doug: in the spring kevin durant came out with another shoe, weather man's shoe. take a look at this. see the green color? the green wall we use. and the weather map, precipitation colors. that's cool there. very neat stuff. as far as the question, yeah, it will stay dry the next couple of days but it will be milder here. so the past couple of chilly mornings, in the short-term here. 56 in chevy chase. 56 at the campus of ga

are fearful of nike because of the valuation so the stock came in 10% and so did under armour. there are reasons to stay there and buy under armour and the underperformers, american eagle and abercrombie. stay with what works. facebook, netflix, all of the names we talk about, still worth buying here. >> what has had a nice week. a couple of names. >> what? >> apple and ibm. >> apple, i here. but let's not get crazy about ibm. >> it was up 5%. >> on a great tape. up to 129. good for them. but that is playing the stock market, which is fine. we've talked about for the last 16 months if you just did the math, ibm was $139 stock it. overshot and at where we thought it would go. i thought the multiple was too high. and could it rally another few bucks. yes. but that is a challed company which -- a challenged company which we'll discuss later in the show. >> 140 is a critical level. but one, they could be ripe for a new ceo. clearly there is something not going right there. that could give a boost to the stock. but they could come out with and show how they could monetize watson tha

. >> reporter: sebastian coe steps down from his paid role with nike. ♪ >> at 9:30 - "america tonightp investigative reporting, uncovering new perspectives. >> everything that's happening here is illegal. >> then at 10:00 - it's "reports from around the world". >> let's take a closer look. >> antonio mora gives you a global view. >> this is a human rights crisis. >> and at 11:00 - "news wrap-up". clear... concise... complete. ♪ >> the headlines on the al jazeera news hour. the syrian foreign minister and his russian counterpart have been holding talks in moscow. they agreed that the only way for a political peace process to begin is to get the opposition and the syrian government talking. >>> france has been holding a memorial ceremony for the 130 killed in the paris attacks. the ceremony brought together families of the victims as well as survivors. >>> pope francis has arrived in uganda for the second leg of his three-nation african tour. earlier the pontiff was in kenya where he spoke out against corruption. >>> now the turkmen mountainous region in syria has come under intense air

like nike has always said. simone, nice to see you. catch holiday-cookie cheer on the tip of your tongue with dunkin' donuts' holiday- cookie-flavored coffees. from 2:00 to 6:00 p.m., enjoy any medium latte okay. so everyone is saying, " hurry! you gotta get fios!" but why. why fios? well, right now for a limited time, you can get a great deal from fios, the 100% fiber optic network. fios gives you big capacity so you can get 100 percent out of all your devices. that means if you need more streaming for more devices... fios gives you options. so whatever speed you need, fios has it with the fastest internet and wi-fi available from 50 to 500 megs plus you can upload your favorite videos up to 5x faster than cable. but the main reason to get fios? we're rated #1 in customer satisfaction. why fios? ultimately that's why. right now, get 50 meg fios at $79.99 a month, guaranteed for 2 years. and get $350 back with a 2-year agreement. don't wait, because time is running out. this is your last chance. offer ends november 7th. get out of the

i say almost, because parker runs nike and that guy's something. okay. foot locker more of a retailer. i prefer under armour for long-term growth. going to mike, mike, mike, in arizona. mike! >> caller: hey, jim. health insurance. i understand their stock is up over 3%. is that a buy or hold or sell? >> lay low from humana after what happened this week in the managed care situations in the affordable care act. seems it's the inaffordable care act. [ rim shot ] ricky in pennsylvania. >> caller: thank you so much for taking my call. >> of course. go eagles. >> caller: calling on zoes kitchen. >> i like it. fallen out of favor. a good one, but like others, and i have to tell you, chipotle, i didn't know. obviously, a problem. i think the e. coli problem, have to get it under control. i don't know how. they need to. i don't need to tell them. they're good guys. missouri. marcus? >> caller: hey, cramer. i never really invested anywhere before. i know computers aren't going anywhere. i'd like to nope -- what about for new investors. >> first $10,000 always ind

over $150,000 a year and at the press conference in monocco said it was not good for athletics or nike i asked the ethics committee to look very closely and clearly at it and although they have not concluded that it was not a conflict of interest because i've always continued to identify that interest as i have everything else i have done i decided that i did not need the destruction of the noises and we are focused entirely and unflinchingly on steading the ship and my teams are working 18 hours a day to do that and i really wanted no more distractions. >> reporter: moving on to football and argentina and hurricane reached americana first time and won river plate and one of south america's most prestigious tournaments. >> river plate 1-nil lead for the first part of the americana semi final and quickly extended the lead in buenos aires and took his fate. this is all argentina affair is over when he scored his fifth goal of the campaign. and fans young and old, that put him three-nil on aggregate. in the second half river gave themselves a chance. and scored twice to make it two-two, t

explaining as much when they caught wind of the shoe's development. >> actually sent a letter to nike kind of giving them some idea of the nature of the term, prince george's county, versus p.g. county. just to let them know that it is to many in the county a pejorati pejorative. >> reporter: for these perspective customers the abbreviation is not a deal breaker. >> i know a lot of people have a big difference in p.g. county, prince george's county, but not a big deal. >> reporter: melvin mccray who once coached kevin says the name of the shoe makes perfect sense. durant's donated tens of thousands of dollars to this facility and there's a room named in the player's honor. it's clear he feels he owes a lot to this place. >> whether it's p.g. county, whether it's prince george's county, whatever you want to reference it to, i think we should all enjoy the moment and just embrace it. >> reporter: tracee wilkins, news 4. >>> all new at 6:00 a woman suing the government in connection to the assassination of jfk. tonight her $10 million demand after a piece of american history goes missing

. >> comes on the heels of nike's two for one as well.an did talk about the strong dollar being the new normal, expecting that to remain the case in '16. dollar index today 109. the highest level since march 16th. the euro falls below 1.06, 1.0576. the lowest since april 15th. i don't know. i saw a poll the other day asking whether they thought the dollar index would be higher or lower next year. >> higher, no? this is becoming a crowded trade. if you look at the weekly position data, there's a $42 billion bet in the future market that the dollar would strengthen. that's near the highest of the year. it's one of those trades where you have stark policy divergence coming into play with the ecb due december 3rd. perhaps set to ease further, hinting at it. the fed set to raise interest rates. that's the mother of all currency trades there. >> pandora today, you saw adele on the "today" show, pandora confirming you will be able to hear "25" on that platform even though she continues to shun some streaming services like apple music. pandora ha