at this point, given the big run in nordstrom. >> you know, i don't cover macy's, but nordstrom in particulares for one of the highest quality retailers in the business. they have got conservative guidance, typically, that tends to move up throughout the year for them. it is a stock that has underperformed year-to-date relative to the s & p on the group and the sector itself is attractive and nordstrom's is one of the best places where you could play it. >> erica, be a ber crom bill is around that level we often hear about takeout store rained valuation thrown on it, whether it's 60, 80, $100. no one know what is valuation is. should we be looking at it that way or still too much euro exposure? >> with be a ber crom business i think it is absolutely fair to look at where other retailers have been taken out, trading at roughly 6 1/2 times trailing to ebidta. j craw closer to 8 eight times. clearly europe exposure is a factor. improving sales margins as it grows. thank you for your time, erica mash meyer of robert w bared. >> she doesn't cover, don't get into t >> stock from 34 to 42, on breaki

that money is going into retail. >> grasso likes nordstrom. i'm sure he's been shopping there because handbags, designer products and cosmetics performed best. >> he's got the red heels on today. >> it's actually scratch and sniff. get up close to that television. you can smell what i'm wearing right now. >> what do you think about the stock? >> here is the problem with nordstrom though. what weiss was talking about. sales look good, but margins. they spend so much for each of those dollars they bring in. i would rather be a buyer at macy's who buy well. it's their way or the highway. >> nordstrom has been doing the free shipping which seems to be eating into profits. ahead of macy's. dr. j, give me your take on macy's. >> i'd rather give you my take on limited, quite frankly. >> do it. >> that is one all the analysts have pointed to as not cutting price to get those sales up. these guys do blow it out next week. ltd, watch that one. as far as t.j. maxx, this is their season. they get all the stuff that came out after christmas and bang, it go

police say -- nordstrom's department store. it was frank williams, 31, jermell brandon, 35, and william ward the third who is 44. police say all of the suspects and the victim knew each other. there are hundreds of security cameras in and around the mall. police say there were essential tools for investigators in solving this case. >> they've had to look at this footage, evaluate it, try to put it together like the pieces of a puzzle and do the old fashioned detective work that it takes to corroborate evidence like this. >> william bassett was shot and killed seven years ago. at the time, police had no surveillance video to review. they were able to arrest two men in connection with the murder. the killing led then county councilman to introduce a bill requiring all county shopping centers with at least 15 storefronts to install security cameras. >> i don't want to say that these cameras prevent a climb or so forth, but -- prevent a crime or so forth, but i think it shows it can help solve crime. >> reporter: at first there was

nordstrom's among the highest. supermarket shoppers were satisfied. on the other hand, walmart received one of the lowest stores in both the department store and supermarket category and netflix, obviously, they tanked. >>> still some clouds but not bad at all. temperature wise we are comfortable in maryland and across baltimore. 61 at bwi. southwest winds 14, gusting higher than that. it has been breezy with such nice weather. i love the shot but the sail boat is out enjoying that breeze on the severn river just whoever the coast of the u.s. naval academy. kent island today a nice shot over the docks. our view from hemming way and ocean city from phillips beach plaza looking south. not a bad day. it's been that kind of a disai. maryland's most powerful radar. some light showers to the north and west of town. most of this not hitting the ground. check some of the surface reports. most of the rain is not touching. we are in the low 60s, dry air at the surface helping to evaporate any showers that do try to get going into the west and winds again, have

earnings keep coming in, including retailer nordstrom's, just came in. looks like they beat on the bottom line, but they're giving guidance very much on the conservative side. i have $3.59 for analyst estimates. i think that is the reason you're seeing the strok trade down a little bit in the after-hours. a nice rally today, just the groups you want to see rallying, material stocks, technology and industrials. that all happened around 11:30 eastern time as the ecb reportedly agreed to swap the greek bonds for new bonds. elsewhere, the euro, materials, transports, and apple all doing well today. more on the greek debt talks, at tradertalk.krshs nbc.com. maria, back to you. >> bob, thank you so much. breaking news in the auto industry. phil lebeau on the phone with the details. >> maria, we learned chrysler has withdrawn its application to the department of energy for a loan of approximately $3.5 billion. that is a loan that who go towards the development and ultimately the manufacturing of a next-generation vehicle, a more fuel-efficient vehicle. many of

the store security says the men are also suspected in other cases of fraud at nordstrom stars all over the state. and police say when they searched the suspect's van, they found more than $10,000 worth of gift cards and credit cards, belonging to other people. >>> the suspected vandal is in police custody accused of going on a rampage around the state capital. christmas says he broke out glass and damaged wood door frames and at three sides of the building and they say some rocks were thrown at a glass panel and caused some damage at sacramento city hall. >>> coming up, wikileaks is at it again. >> the millions of once private e-mails now out there for all to see. >>> passengers robbed at gunpoint. the latest black eye for the struggling cruise ship industry. >>> hi, i'm meteorologist lawrence karnow in the cbs 5 weather center. cool and brisk around the bay area. a chance of some showers, too. we will talk about that, coming up. ,,,,,,,,,,,,,,,, of oakland: police searching for ing fire on office >>> let's go back to the breaking news story out of oakland. live pictures. police are st

. >> and for dennis obannion, the place of all places was the nordstrom shoe department. it was there shopping with his mother and his sister that dennis got a call from his agent telling him he had been cast in a broadway show. >> and i grabbed my sister's hand. i was like on the phone. broadway. they said broadway. and we just, you know, kind of freaked out in the middle of nordstrom. >> he grew up in santa clara dreaming of the new york stage since the age of 12. he credits getting there to the many years and countless hours spent honing his craft at the children's musical theater of san jose. >> i got a full education in terms of the singing, dancing, acting and everything in terms of how you are as a performer. >> from the walks up five, six, seven -- >> reporter: between broadway gigs he often returns to cmt lending a hand, sharing his expertise. right now he is choreographing and staging their next show, "legally blond." but what makes dennis' story so special is not that it is unique. in fact, it's just the opposite. the cmt is something of a broadway factory. tak

and actually following the victim through the mall.pridget was found lying on a sidewalk outside nordstrom with multiple gunshot wounds.he was pronounced dead at the scene. (49:52)we should note this investigation remains open....we do not know why pridget was targeted only that he was targeted they went to the mall looking for him. him.all four men are charged with first degree murder and use of a handgun during a felony crime. they're waking up this morning behind bars at the baltimore county detention center live in towson, megan gilliland, fox45 morning news. a harford county officer is recovering this morning... after an overnight police chase. chase.it started just after midnight... on route 152 outh in joppa.officers were trying to pull over a 2005 chevy cobalt... when the driver didn't stop... leading them on a 3-mile chase.the pursuit got turned around... heaaing north on old joppa road.we're working to find out whether the suspect's car rammed into the officer's car... or if the suspect forced him off the roadway... causing the officer to crash into a fence.the fence post ábarely

they are arrested yesterday afternoon at the nordstrom and broadway plaza. they found more than $10,000 worth of gift cards in the suspect's vans as well as credit cards in other people's names. >>> the trouble surrounding the alameda supervisor nadia lockye is beginning to grow. they say bill lockyer was given a sex tape of his wife with another man. supervisor lockyer has announced that she has stepped down from her postand entered rehab. >> the republican convention wrapped up, one of the most talked about politicians there isn't a republican. why there was so much attention focused on governor jerry brown. >> reporter: it was a slow day. delegates held a few votes but they did have something to talk about. thanks to a jab from governor jerry brown about their presidential nominees. >> i think what we're looking at is a reasonable man versus reckless men. that's really becoming very evident in the republican primaries. >> reporter: the line on meet the press did not go well among conventioneers we spoke to. >> i think brown and obama are -- gang. >> repor

he falls outside the nordstrom department store, which is where our officers found him. he was dead when they arrived. >> all four men have been charged with first-degree murder and the use of a handgun during a felony. the motive is still a mystery as to what it was behind the killing. the case remains under investigation. we are live outside police headquarters in towson tonight. i'm all melzer, wbal tv 11 news. >> -- i am old melzer, wbal tv 11 news. >> homicide detectives believe the first of two shootings happened early in the morning. a man was shot in east baltimore in the early morning hours, but no one called the police until 12 hours later. police were called and found the unidentified victim. no word on suspects or motive. a short time later, police were called to northeast baltimore. a 31-year-old man had been shot and killed at that location, and another wounded. and at 5:45 p.m. yesterday evening, a man was shot multiple times. please tell us he survived and is in stable condition. and police are investigating two non-fatal shootings in northwest baltimore.

communncating following the victim through the maal.pridget was found lying on a sidewalk outside nordstromith multiple gunshot wounds.he was pronounced dead at the scene. (49:52)we hould note this investigation remains open....we do not know why pridget was targeted only that he was targeted they went to him.all four men are charged with first degree murder and pse of a handgun during a felony crime. they're waking up this morning county detention center live in towson, megan gilliland, fox45 morning news. 3 3 3 an inmate using facebook ppompts an investigation... after a surprising allegation. it's a story you're seeing first on fox. fox.it's this image on of it all. charles er johnson, a-k-a, "chucky t"..... seen in his ccll on his profile picture. johnson is an inmate at the baltimore city detention center suspected of using his cell phone to post statuses... ann send messages to witnesses. now... there's a sweep for contraband at the jessup correctional institution with the country's first cell phone sniffing dog &punit. officials say th dogs are part of the state's &pmulti million dol

started hearing all this screaming.... screaming....pridget was found lying on a sidewalk outside nordstrom with multiple gunshot wounds.he was pronounced dead at the scene. this mmrning... all four suspects are charged with first degree murder and use of a handgun during a felooy crime. they're aking up behind bars at the baltimore county detention cenner live in towson, megan gilliland, fox45 morning news. a citt officer... caught on surveillance tape kicking and punching a man... is now suspen. suspended. this video ... captured by a city surveillance camera in 2010 ... shows officer donyell briggs approaching a north baltimore man he pulleddover. then it appears to showw the officer punching and kicking ricky thomas. the attorney for officer briggs says he was only defendingg himself after thomas pushed him to the ground ... something the cammra doesn t show. this is the bpd holding itself accountable, and you're going to see more of that, we are going to encourage peoplee when they witness inappropriate activity to call internal affairs" officer briggs was given probation by a judgg an

. >>> police in walnut creek busted three men saturday for allegedly ripping off nordstrom in walnuteek. the men used fraudulent credit cards to buy $10,000 worth of nordstrom gift cards officers found the men and the cars in a van outside the store. the men had credit cards in other people's names. they are from southern california and they've been arrested on suspicion of burglary, forgery and conspiracy. >>> if it seems many of your family members or co-workers are getting sick,s did say the flu season is finally hitting california and the -- u.s. they are seeing the latest start of the season in three decades suspecting the mild winter may have slowed the spreading of the virus. this year's strains are similar to last years many people may have built up immunity. doctors say there is no telling when the season will end. now you are getting the overlap between the allergy and flu season. >>> 5:25 now. sex, lies and videotape. a sex tape reportedly emerges involving supervisor nadia lockyer the link 2010 that tape and assault investigation. >>> kidnapping suspect in custody after l

pridget was foun lying on the exterior sidewalk of nordstrom with multiple pronounced dead at the scene... 3 we should note this investtgatiin remaiis pridget was targgted only that he was targeted they went to all our men are for him.... being heed at the baltimmre county detention center charged with first degree during a elony crimm... after a relatively quite start to 012... a rash of violence broke out yesterday in baltimore city.. this map pinpoints ive shootings and one stabbing that took lace in the city. it all started last night before six in east bbllimore...and ended with a deadly shooting ii northeast baltimore. you'rr looking at the scene of that stabbiig on erdman avenue in northeast baltiiore. apparently there was an argument onna city buu that then lead to violence. police pnd... in southeast baltimore, a 26-year ld man was shot on montford avenue... south of east monument street. he was sitting in front of one of the homes when someoneeshot him seven times.he is in 3&ppirst... on fox.../// ááinmatesáá... behind bars.../ on... facebook....///ááaáá.,./ . surprising alleg

investigators they say used fake credit cards to buy gift cards at nordstrom.fficers found them in a van in the nordstrom parking lot in walnut creek and also found more than $10,000 of gift cards and credit cards that belong to other people. according to police, the three men are tied to similar crimes in other parts of the state as well. >>> jerry brown appeared on meet the press this morning, 34 to the days after he called for americans to embrace mexican-americans. today's conversation struck a similar note. brown talked about his signing of the california dream act, which allows children brought to the u.s. illegally to go to college and even seek financial aid. he went on to argue that a path to citizenship is a answer to border security. >> every president tries to secure the border. the fact is these drugs generate billions of dollars in profit. guns from america go down to mexico. the dope comes up. the billions of dollars go down. it takes a collaborative work, mexico and the u.s. we've got to invest in mexico. we've got to give them all the tools tha

store officials at nordstrom at the broadway plaza call police saturday afternoon to report the men yoused of using fraudulent credit cards to buy gift cards. police spotted the men in a van in the parking lot and arrested them. a search of the van turned up more than $10,000 worth of gift cards and credit cards belonging to other people. >>> 5:47. these pictures coming in from moscow. several of protestors called current russian president vladimir putin a thief. they formed a human chain. it stretched ten miles long. vladimir putin is running for president. he's expected to win easily. >>> new information this morning about an assassination part about vladimir putin. with con piece tours were arrested last month after a botched explosion blew up their apartment in the ukraine. they admit to being part of a terrorist group planning to kill putin right after next sunday's election. >>> carnival cruise ship is back in port this morning after two dozen passengers were robbed at gunpoint during a cruise sponsored excursion in mexico. they were on a tour when they were ambushed by a group of

pridget was shot outside side of ford strombs -- nordstrom's. jermell brandon spotted rodney pridget and called frank williams and william ward. then 19-year-old tyrone brown shot pridget multiple times. pridget was clearly targeted, but they haven't figured out why yet. >> we do not know why pridget was targeted, only that he was targeted. they went to the mall looking for him. >> all four men have been charged with first-degree murder in the use of a handgun during a felony. they are being held at the baltimore county detention center without bail. kelly swoope, abc2 news. jamie? >>> here's the latest on the accused paving scammer tommy clack. today clack had a criminal case in anne arundel county. they do expect a resolution soon but they're not telling us exactly what that may be. we'll keep you updated on any developments. >>> a city police officer paid to protect and serve but not to beat up a suspect. one officers is in hot water after he hit a suspect and it was caught on tape. >> reporter: the case did go to court and officer donyell br

three others were involved in the killing of rodney pridget who was shot and killed outside the nordstrom's. >>> and cases involving the social security numbers and the deceased. the hearing is part of a bill called keeping i.d.'s safe act. abc2 news investigator joce sterman will continue to follow the hearing. >>> the latest tonight, a tragic accident last june claimed the lives of a young anne arundel couple. now the bar that allowed them to drink, even though they were underage, is facing serious sanctions. >> i note owners of the bar. it's a tragic situation. >> reporter: the mayor is talking about the events that led to the death of the two. they died in a motorcycle crash shortly after leaving the bar and grill. they were there with other friends, all under the age of 21. now the bar is being punished for letting them in. >> to my knowledge it's the largest sang -- sanction. the lns will be stripped for two weeks and the type is $6,000. the owner did in the want to talk on camera because the case

he falls outside the nordstrom department store, which is where officers found him, dead when they arrived. >> all four suspects are facing first-degree murder and using a handgun in a felony. it is a mystery still why they wanted the victim killed, our police are simply not releasing that information at this point. all four suspects are being held without bond as the case is under investigation. >> thank you. deliberations continue in the trial of an inmate accused of murdering a maryland corrections officer. the jury is considering key evidence against leigh stevens, who could be facing the death penalty can base he has the latest. -- the death penalty. camp kasey has the latest. >> the jury has been sorting through more than three weeks of testimony and evidence and if they find stevens guilty, they will have to decide whether or not to give him the death penalty. thursday was the first full day of deliberations in the trial of lee stevens. he is accused of murdering a corporal, a guard on duty at the maryland house of correction in 2006. stevens was incarcerated there at the time on a

creek police have arrested three southern california men accused of a major gift card scam involving nordstrom department stores throughout the state. store officials say they called police to report the men you see on their screen. they are accused of using fraudulent credit cards to buy gift cards. the search of the men's van showed up more than $10,000 worth of exist cards as well as credit cards belonging -- belonging to other people n about 45 minute, the mayor is scheduled to take a tour -- tour of the facilities that will be part of next year's america company's race. last week oracle gave a preview of racing in action. today, mayor ed lee will tour -- tour improvements at piers 305732 that could accommodate the -- 30 and 32 that could accommodate the race. >>> the oscars were hand the out last night at the -- handed out last night at the 84th annual awards. paul has a look at the winners. >> reporter: the black and white silent movie "the artist" was the big winner. it picked up five oscars, including best picture and best director. its french actor beat out george clooney and brad pit

>> caller: you talked recently about luxury retailers like coach, fossil, tiffany, michael kors, nordstromuren. i would like to add another name for your thoughts and consideration. you talked about them before and that name is vera bradley. it seems like they have a thorough strategy. i know they're opening one in nashville and the symbol is vra. i love their products and i know my friends love the product and as a current price and as an investor, do you love the stock? >> you know nicole dumped the water on me and she and i will huddle after this on vera bradley and reach some real conclusions and maybe do a segment on it. i have been looking at vera bradley for a long time. it's only $1 billion. i know it's wrong. i will do the work. let's go to linden in california. >> caller: boo-yah to you jim, and to the dow for breaking 13. it seems like radio shack would be a great buyout candidate for google to get out there and compete with apple and sony and all of these other guys with electronic outlets. what do you think? >> you've got to be kidding me. get this. this is what it's like, oka

at this luxury mall in the o.c., orange county, california, police are raiding a shop near nordstrom's and macy's. the contra band these cops are after, counterfeit clothes. >> just relax. we have a search warrant. >> okay. >> reporter: santa ana police officers arrest the store manager. he's a cused of selling phony product, dolce, and a huge stash of true religion jeans. he pleaded not guilty. while police put their suspect in the car outside, the brains behind the bust is counting the merchandise inside. so there's not a real pair of true religion in this store that you've seen? >> so far, not that i've seen. this is a great hit. >> reporter: he's chris buckner. not a cop but a private investigator. the middle man between the police and the brands themselves. >> we're sort of like the counterfeit cops. anything the cops investigate regular crimes we're really doing here at our company for those brand owners we represent. >> could be real. i just need to take a better look at it. >> reporter: buckner shared some of his secrets on how to tell a fake. >> if this were authentic, it woul

nordstrom's offer receipts by mail and urban outfitter and the gap. >> five years ago the way we delivers, it will be ubiquitous. >> he is ceo of seamless receipts. he says it lets shoppers organize their records and gives retailers a new way to reach out to customers. >> to help the customer and come back on the purchase. >> he says 30% to 50% say yes when offer the e-mails but is it good idea for you to give a retailer why your personal information to just get a receipt. some customers said, it is. >> i can make a file on my consumer, definitely greener and i don't like wasting paper. >> others see it an invasion of their privacy? >> now can't have my phone number or e-mail address. >> you may see your in-box flooded with promotions but you can opt out of receiving ads by clicking a button or going to the step of calling customer service. others like gap stores won't send promotions unless you physically register to receive them. receipts can be a marketing tool. urban outfitters link customers to a store cat lock. some shoppers say it's too much interaction. >> i don't need my e-mail

play a very somber, melancholy piano from nordstrom's.lay. how long did it take, john, three seconds. you do this. you know the silent film is coming back this year too and there were times where things weren't as flush at nordstrom and they got rid -- he's always there playing the piano in the shoe department. it's a piano. no, no. it's a real piano player. >> there are some nordstrom's identify walked into that have the piano and keys move and nobody sits at it. >> oh, my gosh. they got rid of the piano player? >> $1.11 a share. two cents above estimates. forecast for the current fiscal year short of consensus. gross profit margins would fall. >> did you know there was a supreme court case ketchup versus catsup involving the two condiments. >> i didn't know that. >> they were invented but the case stemmed from an argument among american consumers on the correct spelling and the word pronounced ketchup. began over 500 centuries. >> why did you decide to talk about nomofobbo. >> it's something that joe suffers from. >> what do you have to

>> nordstrom, and neiman marcus, the attractive downtown continues to go up scale. >> walnut creek is the gem of the east bay as far as i'm concerned. >> also drawing interest are some of the town's bars and what happens when some patrons hit the streets. later, a fight of a nearby restaurant used pepper spray to break it up. lost a window to an earlier sidewalk fight. now walnut creek is clamping down. >> i don't think there's a bar problem, but we have experienced a rash of issues lately and we are stepping up our efforts. last night and tonight to get a handle on it. >> daniel says walnut creek's appeal draws trouble. >> a lot of people are coming from worse areas to come here and cause problems. >> intentionally or get drunk? >> just getting drunk. >> linda is with the children's theatrical group. >> we are keeping the people coming out of the bars away from our kids. it should be safe. >> the captain says the city is working on measures that would give it more power to limit hours of trouble bars, serving too much alcohol is an issue. cops will keep up a presence, give warnings,

however, macy's has more momentum than nordstroms. i want to stick with macy's.ck is a terrific buy. needless to say, a remarkable job. anthony in maryland. anthony. >> caller: hey, a big boo-yah to you, jim. my question to you is, when will the demand for silver overtake the manipulation of the metal? >> no, no, no. silver is a poor man's gold. this weekend, twice guys asked me about silver. it's like, jim, when is silver coming back? listen to me, silver is a poor man's gold. the gld is what i want you in. i do not want you in silver. and i definitely don't want you in the silver miners. can i be more clear? i don't think so. look, it may not be about the money-money, but if you pit tiffany against coach, i've got to tell you, coach is the winner. tiffany? what can i say? does make some -- for a pretty good get-up, though. stay with cramer. >>> coming up, ride the lightning. take a nonstop thrill ride, as cramer goes stock after stock. all your calls taken rapid-fire on the "lightning round." >>> and later, money ball? baseball great curt schilling has moved fr

investigators say these men used fake credit cards to buy gift cards at nordstrom's. they found the men in the store parking lot this weekend. inside their van police recovered more than $10,000 in gift cards and several stolen credit cards. police say the men are tied to similar crimes in other parts of the state. >> three bay area fire stations could consolidate to save money. san carlos council will meet. right now there are three stations within a mile of each other that respond to only a few call as day. the three cost $7.5 million but a joint station would cost as much as $4 million and split three ways. >> a check on your weather. meteorologist christina loren is here to tell us it felt like a colder start. is that more of the same? >> well, feeling like winter finally around here. good morning to you. temperatures are running cold, we're going to see the 20s before we hit our lows this morning. and we're talking about temperatures in the 30s. very cold out there right now. good morning to you. temperatures right now in the 30s and 40s, 39 in san mateo, 43 in l

nordstrom earnings, i've been there lately, got this suit there a few months ago. beat their estimates but the stock is down 2%. nonetheless, they warned on margins full year profit forecast was weaker than consensus. now you know where i shop. and for the latest action on the trading floors, let's go to courtney reagan from the nyse. courtney. >> hi, good afternoon, tyler. well, we're watching dow trying to get close to 13,000. we're about 68 points away right now. intel, one of those components in the dow, is moving nicely. take a look at it. we're seeing highs not seen since about december 27, 2007. so more than a four-year high here. the last time that intel was around these levels -- it was up rather i'm sorry 10% since the dow closed above 13,000. some good moves there. look what's going on in the oil services index. also near a six-month high as crude oil trades above $103 a barrel amid a weaker dollar and optimism surrounding the potential for this greek bailout deal to actually take place. and last but not least, consumer names helping to lead the way thou

rodney pritchett was in front of the nordstrom's department store just before christmas. police say the gunman is 19- year-old tyrone brown and three other suspects, frank williams, janel brandon and william ward. police say all the suspects and the victim knew each other. the hundreds of security cameras in the mall helped police, they say that was essential in solving this case. >> they've had to look at this footage, evaluate it, try to put it together like the pieces of a puzzle and do the regular old fashioned detective work that it takes to corroborate evidence like this. >> police say that they don't know why rodney pritchett was targeted. all four suspects have been charged and are now being held at the baltimore county detention center. >>> montgomery county teacher is on administrative leave this morning charged with sex crimes. police say 47-year-old scott spear has been charged with two counts of fourth-degree sex offenses. the victim is a 16-year-old girl who was on spear's track team. the rockville man also coaches basketball at richard montgomery high schoo

i own nordstrom. i wouldn't own jcpenney because the stock's already reflecting success in the turnaround and you have ron johnson who is selling stock. if i owned that, i would definitely sell. it's too tough in that space. nordstrom, however, that's a unique offering. macy's also luxury is another good one. >>> time now for "pops & drops," sprint dropping 2%. b.k.? >> yeah, the iphone actually cost them. be careful what you wish for here. costing too much to have the iphone. that's the story of a lot of different places. stay away from sprint. >> it's the overarching story here. you have to have the iphone but it's a lost leader. a lot of subscribers, but paying a hell of a lot of money in the subsidies to have the iphone. western union dropping 8%. >> they guided lower for their 2012 earnings. the stock's getting hammered. one thing that's interesting, the shares traded over 17 million shares already today. a huge washout. i think if the stock can hold this 18 level f you're a day trader, maybe you

and the l a times to pump twenty billion cubic meters of gas a year that's more than a herd of nordstrom's full capacity brew gas has proposed an alternative route which is now being presented to the residents of north stream was launched last year to pump a russian gas to europe by the baltic sea. let's take a look at the markets now with start with oil and oil is trading near the highest level in six weeks because of encouraging signs from the u.s. the biggest crew can see him of course with jobless claims dropping to the lowest level since two thousand and eight and the asian markets are still are benefiting from the positive sentiment coming out of the u.s. after. a level not seen in almost four years on thursday as those lower jobless figures outweighed lingering concerns that greece and the japanese exporters are also getting a boost as again it weakens even further as you can see that because one point seven percent up. point eight percent. on the russian markets they are indeed now i'm finished with a red yesterday but it's quite a different picture as you can see right there as we

gunfire left rodney pritchett dead as he was in front of the nordstrom's department store just before christmas. police say the gunman was 19- year-old tyrone brown. police say all of the suspects and the victim all knew each other. detectives say they've not yet determined why that young man was targeted. >>> 6:35 right now. abc 2 news is honoring black history month. there is a local 15-minute documentary on civil rights. the activist walter p. carter, and yesterday it was viewed in downtown baltimore. carter helped organize demonstrations throughout the state of maryland, his daughter, by the way, is delegate jill carter. that documentary also features a performance by the union baptist church senior choir. >>> could israel be planning an attack against iran? why top defense officials believe that israel is plotting a major attack. >>> plus egypt is in a state of mourning after that deadly soccer riot. how many more people have died since that chaos broke out in that soccer game. we have details straight ahead this morning. >>> news around the world on this friday morning, we've le

men from southern california are now accused of using fraudulent credit cards to buy gift cards at nordstrom stores all over california. officers arrested the trio after finding more than $10,000 worth of the bogus cards in their van. >>> an apology from death row. one of the "spead freak" killers says he is sorry for waiting so long to reveal where he buried two of his victims. the remains of 25-year-old cindy vanderheiden and 16-year- old sherrell wheeler were found earlier this month after wesley shermantine gave a map to police. shermantine also told the reporter he knows where additional victims are buried. >>> and tonight the renters of nearly half a dozen homes in the east bay are learning they were the victims of an elaborate foreclosure scam. even though the landlord is behind bars, we discovered the list of victims could keep growing. >> reporter: the contra costa district attorney says they know of five victims and believe there could be as many as 20. alfonso salazar faces nine felony counts ranging from burglary to perjury in what prosecutors call a sophisticated rental scam. >>

you can't go to macy's you can't go to nordstrom. it is the congress that has to do the allocation. and it seems to me we have to create the atmosphere for a 21st century america where innovation is absolutely bundling up constantly. now if you remove the license we're talking $1 billion or $2 billion here. i think america is a far more important idea than that. i understand, and it is a challenge to have the kind of deficit this hangs over our head. but there is going to be considerable sums much -- sums of money brought in, i believe with the voluntary auction. that is going to be a very good downpayment relative to the committee that i'm on. i wish all committees in congress would produce something like i'm producing relative to spectrum. i think one view is the long view. that america really takes a stand that beer going to be number one in everything. and then there is the short-term view that you mentioned. i prefer the former. >> one side of that, of course, is voluntary incentive options here. and one thing we have seen played out is what conditions should be on the s.b.c. w

with nordstrom, and soon, neimann marcus, the attractive downtown continues to go upscale. gordon everett came to the theater. also drawing interest are some of the towns bars and what happens when some patrons hit the streets. last weekend, a cell phone camera captured this fight in a parking garage. later, a fight at a nearby restaurant brought cops with pepper spray to break it up. another fight at a diner. dragons restaurant lost a window. now walnut creek is clamping down. >> i don't think there's a bar problem, but experienced a rash of issues lately and we have been dealing with them and stepping up our efforts last night and tonight to get a handle on it. >> daniel says walnut creek's appeal draws trouble. >> i think a lot of people are coming from worse areas to come here and cause problems. >> intentionally or get drunk? >> get drunk. >> we are keeping the people coming out of the bars away from our kids by keeping them out on the sidewalk. this is the lecture center. it should be safe. >> the captain says the city is working on measures that would give it more po

police say that they use credit cards in other people as names to buy the nordstrom gift cards all over the state. authorities found $10,000 in gift cards in the suspect's van. they allegedly were heading to portland next. >>> it is 4:43 now. a silent movie-making a big splash at the academy awards last night. >> but the act to who caused the bigger stir before the show started. we'll tell you about that. >> he was all dressed up, too. >> no looking back anymore for the 49ers. the key hurdle tackled for a new stadium in santa clara. >>> she was always so nice to me. [ crying ] >> she was like a sister to me. >> a school fight turns deadly in southern california. how it all started over a boy. >>> clouds rolled in overnight. scattered showers around the bay area. will that continue? we'll talk about that coming up. ,,,,,,,,,,,,,,,,,, 11-year-old california girl... killed in a school fight... apparently over a boy. >>> 4:46. a memorial is growing for an 11- year-old california girl killed in a school fight apparently all over a bo joanna ramos died in the hospital after a fight with a cla

pridget was found lying oo thee idewalkk outside of nordstrom's.......he was pronounced dead at the scene52)we should note this investigation remains open wee &pdo not know why pridggt was targeted on y thaa he was targgted they went to the mall looking ffr him... all four men are being held at tte baltiiore county detention center charged with first degree murder ann use of a handgun during a felony crrme... after a relatively quiteestart to 2012... a rash of viilence broke out yesterday in baltimore city. ...and we're going to use the fox-45 smartboard to show you what happened.ttae a look atttt. this...this map pinpoints five shootinns and one stabbing that took place in the city. it all started last night before six in east baltimore...and ended with a deadlyyshooting in northeast baltimore. baltimore.../ police.../ baltimmre.../ police.../ say.../ they... áhadá... to... police...// themselves.../ ááafteráá... this... video shows.../ what.../ áappearsá... to be .../ an.../ officer.../ punchhnn ...and kicking.../ someone.../ e... pulled .../ over. over. janice park.../ live.../ at.../

another problem over the past year is gap gained stock, jc penny and nordstrom opened, and closed their facebook store fronts because there wasn't enough traffic. it's thought to be a top shopping destination and it has not been a big driver for commerce thus far. just a year ago investors hailed s commerce as the next big thing saying it has phone toshl threaten amazon. and a list of alternatives to net flix gets longer, you've got hulu, amazon and red box, today, we can add comcast, for $5 a month, comcast stream pics will let users stream online line. net flix costs $8 a month and the new service will launch on thursday. >> warm up is just beginning. >> we're going to get to 70s. >> may hit upper 70s before the week is out, mid-70s tomorrow, upper 70s by thursday, it's not out of the question that some locations will be closing around 80. it's really going to warm up. >> there is where you can see a finger of fog and there are sunny skies and there is a warm up now. there is up to 70 degrees in novato. and there is 59 in half moon bay, it's a pleasant afternoon. highlights, areas of

. >> neon may be the new black nordstrom and others unveiling bright neon clothes, handbags and shoesk black's 30-year-old on the industry. -- hold on the industry. latin american cultures starting to influence u.s. tastes. another lap around the block for negotiators in that massive mortgage settlement. states are being given three more days to sign on to a proposed settlement with the big banks, connecticut and oregon among the states agreeing to sign on to the potential 25 billion dollar deal. national retail federation says consumers will spend almost 9% more on valentines this year than last with men ready to spend more than women. at the new york stock exchange, i'm jane king with the bloomberg business report. >>> 5:55. >> new video of a rescue at a ski resort in wisconsin. a little boy was dangling from a ski lift 25 feet off the ground. a group formed under the boy then a man on the lift held him and then let go >> i was 100 yards away. i could hear them saying okay we are going to let him go, we are going to catch him. i'm like wow this is going to be interesting. they said

nordstrom did report after the bell. interesting notes there, they beat on their estimates.orry that that gross margin could narrow and are issuing very cautious and reducing their guidance going forward. i'm afraid that's what we could see from a lot of retailers that report next week. a big slew of them. a nice little fore shad doushad we go into next week. >>> you mentioned the s&p. down jones unearths this really good statistic. year to date s&p up about 8%. getting another four points or so today. the tenth best start ever. >> really? >> for the year for the s&p. now, in seven of the other nine times in that top ten, it added to gains after this point. >> really? but i bet last year was one of those times and we did not add to gains afterwards. >> sure. because we had a terrific january, great spring, ended the year basically flat. some people are using that numerology to possibly spin some tales for what the year may bring. >>> gilead a stock certainly tumbling on the back of a disappoints study showing there was a viral relapse in some of the patients taking its hep c

nordstrom, neiman, saks. >> that is a changing economy and improving economy, more so than any one holidays right. i think we are seeing the consumer being a little more flush with cash, more confident in the job situation, able to spend a little more, on the high end feeling more confident as the recovery progresses. >> do you think that is because of the stock market? >> the market is certainly helping, you definitely at the high end you see that helping with the trading volume. >> i'm just trying to figure out why the high end continues moving forward and really doing well in any environment and the low end struggles. not low end but mid-level, right? >> right. it's the middle that is continuing to be under pressure, you're seeing the pressure at some of the mid-tier department stores, high end are reliant -- they feel comfortable when the market is going up. most of that segment of the market is employed and to the extent you have stability and feeling good about your job, gif gives you flexibility to be spending. have a nice valentine's day see you soon. >>> up next, cnbc's jeff cox g

. >> for example, nordstrom's. >> eddie bauer for men's coats. >> buy a size up for the kids and put >> why not? if this is a need for the future, stock up now. >> ski vacations. i was surprised to see it. >> this is typical ski season. why reduce prices? again because of the temperature, slopes are seeing low foot traffic. so places like utah and colorado, reducing prices. i like to go to jetsetter.com, sneakaway.com for a last-minute deal. and snowbird utah. if you want to travel and ski during the earlier part of the week, you will see reduced prices. about $99 per ski package. if you really want to get a better deal on ski packages, shop online before you go to the ski resort or go to area ski shops around the mountain area because a lot of times they have discounts of so% to 20% off. >> this is a good time to make over your home and get new furniture. >> two reasons. february is typically when the home furnishing stores see the new inventory come in. the old inventory has to go. also, february is the slowest month for home sales in the entire year. people are staying home thinki

police say he shot pridget several times, killing him outside nordstrom. >> and what their relationship was to the victim is still under investigation. they've had to look at this footage, evaluate it, try to put it together, like the pieces of a puzzle. >> reporter: at this point, police are not saying why these four targeted pridget. and violence that scared shoppers and left his loved ones heartbroken. >> i hope they go to jail for a long time. it's ridiculous how these young dudes out here are killing each other. >> reporter: and the victim's dad tells me his son was getting his ged, trying to get his life together. all four of those in custody are charged with murder 1. they're being held at the baltimore county detention center. reporting live at towson town center, mike hellgren, wjz eyewitness news. vic? >> thank you, mike. and as you mentioned, police say the triggerman is the youngest suspect at age 19. he is the same age as the victim. >>> maryland transit administration police are looking for the suspect who assaulted and robbed a man on a bus. mary is in the newsroom with i

. >> the video -- nordstrom. >> the video footage in and around the mall was absolutely essential in helping us solve this case. we do not know why he was targeted, only that he was targeted. >> reporter: the police couldn't say whether this was a revenge killing." . the sun" reports he was involved in a robbery on york road about a year before his death and this is what they said about the suspects. >> one of the four suspects is in the mall, spots the victim, picks up his phone and calls his three buddies who are down off of york road in baltimore city. >> reporter: the victim's father told wjz he is heart broken but relieved. >> good. they need to be in jail. you can't go aren't here killing people, you know what i mean? thinking you can get away with it. and plus, my only son. i love him and i miss him. i see his face every night. >> reporter: this is the second murder at towson town center since 2005 when a beloved educator was killed during a botched robbery. the mall has an extensive network of surveillance cameras and a law passed after that 2005 killing led to even more came

police say they used credit cards in other people's names to buy nordstrom gift cards all over the stateund $10,000 in gift cards in the suspects' van on saturday. they were allegedly on their way north to portland next. >>> 5:50 now. hitting the grounreturn the step forward for the 49ers stadium. >>> maybe he should have been banned after all. that guy right there sacha baron cohen's oscar stunt that has everyone talking this morning. plus a recap of the big winners when we come back. ,,,,,,,,,,,, ,,,,,,,,,,,, at bank of america, we're lending and investing in the people and communities who call the bay area home. from funding that helped a local entrepreneur start a business... to providing grants to a nonprofit which offers job training and placement... and supporting an organization working to help the environment. because the more we do in the bay area, the more we help make opportunity possible. text messages belonging to smart >>> we are back. the london sunday times reports that facebook has been reading personal text messages belonging to smartphone users that download their net