lou alexander of nomura -- lewis alexander of nomura spins at a reasonable fee.have never done it. leslie has. she joins us right now. scarlet has done it once, you have done it more than once. but when you sat down on the set, you made clear that this is an expensive product. leslie: i think they figured out a way to get people into the gym and get people to pay. a dollar a minute for an exercise class. their margins are tremendous. they post $4 million on average per jim, per studio. tom: can they expanded out of six cities where everybody wears black? leslie: that is the problem. when i think about my friends out of kansas, are they going to look at something like that and say that is ridiculous? they need to expanded in order to capture market share, but the challenge for them will be the pricing point in the middle-tier cities, and their ability to get people to go. brendan: the other problem is that exercise classes are like social networks. they are notoriously faddish and there is no guarantee that when people are screaming to do now is what they will do

professor from dartmouth was on bloomberg themision earlier with managing director of currency at nomura spoke to pimm fox about what the deal means for the future of the eurozone. it is hard to tell whether it binds together or pulls apart. my suspicion is it does all apart. the euro had two purposes. union and political union. it's in the democratic votes in greece are irrelevant. said, takegermans the straitjacket and you have to look at companies like italy. they have not seen any growth and productivity the whole time they've been in the euro and it raises the prospect that we have a short-term deal in greece that may last three days, but if you to comee glue starts apart now for the whole of the euro project. dayink it is sort of a sad in the question you ask yourself is where does growth come within the euro area and how does unemployment and poverty improve in greece as a result of this deal? the answer in my view is that it doesn't. pimm: what do you think? guest: if we take a step back and look at what happened this week, it shows how far we have come compared to the sentiment

and here in japan, some key ones nomura's profit more than tripled to $550 million. nintendo swung back to quarterly profit on growing sales, but it doesn't mention anything about its new president. group net profit of nissan and tech from hitachi jumped over 30% from the latest quarter. this just keeps on going. so i'll stop it right here. but to sum up japanese earnings are, so far, so good ramin. >> looking pretty positive so far, mayu. switching to currencies now and the fed's decision how is that playing into the dollar/yen and some of the other pairs? >> the feds upgrade of the u.s. labor market is something that many market players may take as a sign that the rate move is near. so dealers started buying back the dollars. the dollar is gaining around around 123.99 almost 124. with the feds making just tiny changes to his july statement. the fed watchers will rely on economic reports to catch signals for the timing of the rate hikes. so to start off, they'll be monitoring the flash gdp numbers. and the readise in the dollar pushed the euro lower. and that's it f

nomura with a buy, price target 145,shars are down slightly with continued news about, you want to explainara with these apple tv rumors or reports are all about? >> it's not rumors. they've been working on it and they were late. we've written it a million times, here it comes, oh, no, not now. it's going toment could, not now. they were focusing on the watch i guess and delayed the apple tv upgrades and it's a device they've had around for a long time, the last upgrade i think was 2012, that's a long time. they've been trying to cobble together its streaming service which it's difficult to be doing that but they want to get into that business and so i think they're delaying the streaming service again and doing the device first but this has been rumored, not rumored, they're working on it and going to roll it out at some point in september since the iphone upgrades are not enormous, the iphone 6s i think is coming. they need some other hot product to focus on, and apple tv is long overdue for this upgrade so it shouldn't be a surprise that it's coming. >> apple tv service which i've heard

i spoke to nomura gaming analyst and he said this is a trading rally, it's not going last. >> it mightt. we talked about this last night and we spoke about -- pete talked about wynn, i said lvs, i said trade lvs against $50. it held it again. i don't know if it's going to last but i think it can last for another 10% to 15%. i think you stay long lvs here. >> i like wynn in this sxas for those reasons but also because they cut their dividend and the potential is either that they're going to put it back at some point in time and things are going to get a little better. they're very prudently managed, great management and in the space that's what i've got. >> i think the chinese have fallen in love with the stock market and margin trading and the casinos maybe don't hold quite as much appeal. >> you're in the dan nathan camp. >> you can't help these uninvestable stocks. totally uninvestable. >> i thought you were going to go so far as to say they're investing in the stock 345rk9 -- >> in ka seen poepz they're having a mania in china about equity trading that is the exact same thing that w

find the image come from his son is not there when these were taken or when there were taken whether nomuraof the mexican drug lord escaped family health plan this gave the documents reveal the drug agents receive information that various family members and drug or the social is to confirm " potential operations to free him that was back in march of 2014 value just one month after he was captured in february 2014. >>michelle a.: he went to a mile long tunnel if you want to seize full log on to our web site. >>mark: the pentagon's current regulations banning transgendered individuals from serving the military are outdated and anyone who likes to serve the country should be a to do so is getting a working girl to do six months setting and the impact in the battle began with the presumption that transgendered people should be allowed to serve openly. >>darya: back with more and a couple of minutes as the ally of the outside of follow the weather and traffic on this tuesday morning it seems to be rubble pretty good canaille company. steak in a breakfast burrito? i can't keep up. this is advance

off of earnings, that's an important level along with facebook that got a new price target over nomuraing from 96 to facebook. we thought it might crack 100 at the open. 98.49, getting ahead of ge in terms of market cap. which made some people's head spin. >> also we're seeing the financials despite a negative tape across the board for the major averages, financial sector is hitting another seven-year high. we had earnings from regent's financial which only met on revenue. higher low loss provisions, bank of new york mellon. those stocks are up and helping the financials buck what is another an otherwise negative take. >> the doug is down 205. and utx which had not such good things about the elevator business in china. cramer talked about that in the 9. the worst day for united technologies since september of 2011. so a rough session there. >> getting no lift from the sale of this sikorsky unit which was announced yesterday. >> let's get back to headquarters, melissa lee and the half. >> thanks, guys, welcome to the halftime report. let's meet today's starting lineup. joe terranova, jo

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it is goldman sachs, morgan stanley, nomura. they're saying that netflix they like the way they're growing, they like their business model. netflix is the leader in this space to them. melissa: one thing netflix continued to do is reinvent itself. it is almost like apthat sense. they started out delivering dv. dids to your house. >> they're still making big money on that. melissa: that is amazing. >> still making big money with 48% profit margin. obviously every quarter it goes down. i think people would be shocked a couple hundred million dollars a quarter. that is pretty interesting. >> i want to see data points out of david einhorn's letter. melissa: we want to go to lori rothman. what are the numbers? >> we're crunching numbers. six cents a share split adjusted. four cents was estimate. 1.65 billion was expectations. netflix reports 1.64 billion. shares were down ahead of this report 2%. right now they're much higher in the after-market trade. much, much higher. that is a nice pop. we're looking at subscribers right now. com

romit shah of nomura. >> stock inputs basically. >> not a great trade. >> but one thing interesting heremicron just from a takeover vulnerability is very vulnerable. it's about as vulnerable as you can get. it's a delaware corporation. it has a non-staggered board. if somebody wanted to do something hostile, they could. 21 doesn't get it done. i think the shareholders wouldn't allow for that. i'm skeptical of this bid. but if there is someone out there that wants to do something, i think the door is wide open to do something on a hostile basis and have a very good likelihood of success. >> sandisk as a takeout target as romit said. >> i suppose it could be. i don't think we have to narrow this down to the memory world. we had the altera deal earlier. why isn't xilink still something that could be in play as a programmable chip? i look at qualcomm in terms of should they split. that's been something activists have been talking about time and time again. you look at where that stock is absolutely in the doghouse just like micron. people could say it's too cheap but it's a $100 billion comp