you're more likely to give newcomers, in this case nordstrom, a chance. so that's exactly the point. that newcomers, even if they don't have big name recognition, they have much greater opportunity. >> how has it changed how brands compete with each other, though? >> well, i think that brands now have to emphasize the actual quality and doing the right things -- >> of their product or is it more emphasis on differentiating with customer service or delivery? >> whatever customers define as value. and that's reflected in the reviews. >> well, the gentleman from the hotel spoke purely in terms of experience. there were a few things that mattered physically. mostly it was the psychological effect of the hotel. is that going to be true for cola? is that going to be true for yo-yos? >> i think that's a good -- >> anything. >> i think that's a good point. what we are talking about would in the apply to paper clips or to soap until consumers start checking reviews for paper clips before they go to the office supply store. >> izus, here's a company that made most

nordstrom kept everything the same. so we're looking for -- i have $1.34 for nordstrom. whether they lower their full-year guidance, 2014 guidance, and what they have to say about how february was overall as well. so again, the key point is they didn't change any of their numbers. walmart did. we might be in for a surprise here. walmart didn't surprise us, but the guidance was disappointing. >> and the options market suggests groupon may be the big mover one way or the other. that's been the bet there, that they could have a 13% move one way or the other. gold miners, last year's worst performing sector. >> and this year's best. >> and it happens all the time. now they've become the best performing sector. >> you hesitate to do something as simple as say look at the worst performing sectors, find the etf for it and then buy it for the first month or two. >> it's the basis of the dogs of the dow here that re. you take the worst performing dow component, buy it, and it's the best one next year often. >> what didn't necessarily work, the biotech continued to be really stron

mixed news for nordstrom. >> a lot of parents are speechless with quick action on the road to save aold baby boy. >> drivers in danger? we are in the not bay with attacks on buses and cars with police fearing the ♪ [ male announcer ] spring is calling. get 10% off all in-stock composite decking at lowe's. ♪ >>> covering benicia, san ramon and san mateo and all bay area. >> in the north bay people are putting driers in danger with water bottles. >> someone has gotten hurt? >> they are throwing water bottles at moving cars and school buses and they are terrify the drivers and hurting one. look at this windshield. it was damaged by a water bottle. police say there have been five attacks all in the same area of santa rosa. some drivers are getting sprayed with glass. one school bus driver suffered cuts to the hand and glass in the eye. >> the impact can be so destructive. it is a misdemeanor to throw anything at a moving vehicle and if someone is hut or injured, it will be a physical -- felony. big trouble if someone is hurt. >> they are looking for a white pickup truck made in the mid-

you said stephanie, the bear, won on nordstrom. congratulations. macy's. we own home depot and nike. we have a lot of consumer names. >> how about final trade? >> bank of america. it's down 5% from its high. very good fourth quarter. >> doc, i know you like that as well. what's your final trade? >> my little chinese internet secret etf is about to take out an all-time high. obviously the news from facebook yesterday benefits a lot of the companies in this index. >> "power lunch" starts right now. >>> "halftime" is over. the second half of the trading day gets under way right now. "power lunch" is all over it. >> thank you very much. a winter reprieve. near spring-like temperatures in parts of the nation like right here. it's about 40 degrees. i am saying 40 is the new 60. it feels so warm. but the cold is about to make a big comeback. it could have an impact on schools and businesses, crops, stocks, the economy. it's already having a big impact on the great lakes. we are live on an icebreaker trying to keep the shipping

. >> nordstrom, the popular department store came out with some numbers and stock is to the downsideof these numbers. turns out that they have had some shrinking sales. they obviously complained about the consumer and cold weather and the like and right now the stock is down 1.1% for nordstrom. and over the last year or so, up about 9%. and then i'm going to take a look here at ruth hospitality. when i see ruth hospitality may not ring a bell but how about ruth's chris steak house? does that ring a bell? smaller companies with 500 million in market cap. a little more volatile. you may see more after jump than if it were a large cap. jumped 12%. higher than expected quarterly profits and higher same-store sales in the restaurants. so that is good news there. intuit getting a couple of upgrades at jeffries and wedbush. jeffries raised its earnings forecast. it is online tax preparation company and they're seeing higher demann. under their umbrella, where the demand continues to be strong also for quickbooks. you have the chief executive saying that their goal is to double the five mill

i'll do anything to support you i can't personally put rag on bone in the category as though their nordstrom because the shoe doesn't fit >> commissioner sugaya. >> yeah, i'm of the other shoe. it seems like we're more inclined to deny it but along fillmore we've not denied them because their apparel stores we get bowled over by uniqueness i think it's all the same thing in terms of are corporate america supporting i guess if i'm cynical buying out the public which is what people want google and everything else to do who is running their >>> okay. as far as the comment that your stuff is too expensive that was just in relationship to mr. warmer's pointing out that the staff argument says it's specialty goods. i think he was correct and i don't think it was an argument that it was too expensive. i used to live 2 blocks from there. i don't live there now but i go back there. it's rapidly turning into an apparel cosmetic restaurant row. that's what it's going to be in the future. as long as we allow that to continue. i think the neighborhood will be like people like me that don't want to go bac

the other thing they have done is in terms of expansion, they have an agreement with nordstrom's.osttrom is one of the aspirational retailers in america. the fact that nordstrom is looking for newness, it can bring in this new brand that it thinks is edgy and cool. >> also, this is kind of what he was intimating. they go into the market with nordstrom and that is when they want to open more stores afterwards. they're also opening for more stores in addition to the flagship. the problem with burberry is that a kind of did the same at then lost control. -- they are really a department store. >> if you want to upscale your brand, and need to take them back. that takes a long process. the problem is when you are new in america, it is. hard to start. there are a lot of brands out there. you need to be positioned somewhat specially. you need to be visible in very special places. >> top shop is one of the only u.k. retailers trying to take on america. it is usually the other way around. of banana expansion republic, gap, j. crew very recently in london. the factk it reflects that a lot o

it's alarming to see a shooting by the nordstrom's and bloomingdale's we have to make that a safer area perhaps more police and a redesign of the plaza to make it not so frightening. it's not good for people who have to potentially dodge bullets. inch received a lot of e-mails and the commissioners probably so it too from people who live out in western san francisco commenting on the housing element that, you know, was discussed i'm not sure their exactly on target as far as what's in the housing element or not but i do think they're making significant points in their letters. it's frightening to see the supervisors are considering the legitimization of in-laws in hr one neighborhoods and they would destroy those areas not meant f to be multiple housing areas. that's not - but some other things that sort of leads them to building that's what's happening. thank you. >> thank you commissioner moore. >> just to clarify not to circuit anything but the letters regarding you housing are copies addressed to preliminary most sarah jones as the environmental review officer who is in the middle o

if i get life lock i won't have a problem with say what happened with nordstrom's.emember it's a different function and while the commercial is very honest obviously, they tell you that, but i'm not going to disagree with you. it hit a 52-week high today. if people want to take a little off the table, no one ever got hurt taking a profit. let's go to celeste in connecticut, please. >> caller: hi, cramer. i know you can't tell us when spring is coming, but hope any you'll be able to tell me -- unfortunately. you could tell me about autozone. what a great day they had over 6%. you tell us to look at the best in breed, the store is crowded every single time you go near it. did we miss an opportunity? >> no, i have been recommending this stock for years. this morning advanced auto parts reported a good number. as much as i like them, i think autozone is even better. stick with autozone. they have been buying back the stock, it's an incredible run. i'm proud while everyone else gave up on the stock, at 300, 400, 500 -- buy buy buy, i'm still there. james in texas. james?

after the close, kayla, we're going to get nordstrom.his is going to about very interesting issue. nordstrom basically had implied in-line plan for december, but haven't said anything about january. i wouldn't be surprised to see january very disappointing or below planned for them, and i think that's going to be the first big high-end retailer commenting on this tonight. >> it has an interesting demographic. it caters to a little more of that upper middle class shopper, where we don't know exactly how they'll spend this quarter? >> right. the problem is, we don't know if -- look, if it's really weather, they'll be affected high-end shoppers as well. what we don't know is, how much the weather is the issue, and that's why i look today at cons, a retailer in the south. not as much of a weather issue but said 2014 would be weak because electronic sales being weak perp that's not a weather issue as all. trying to sort it out. >> that after the bell, bob. thanks. >>> meanwhile, uptown to the nasdaq. seema mody following big movers there. >>

. >>> starting on wednesday the nordstrom parking garage will be closed. the closure is part of a multimore construction project that will expand broadway plaza but the official construction won't start until march 3rd. now during construction, broadway plaza will offer comply men tear parking. >>> san leandro has warehouses left over from world war ii era manufacturing and in a move to improve the local economy, it's offering free business licenses this year. type a machines which is a -- it moved into a warehouse on davis street. >> this year i hope to hire 40 more people. obviously because we are a start-up we can't buy the space out right. >> so far more than 435 businesses have applied for space since september. san leandro has given up $38,000 in business license fees but city leaders say that will be made up by local businesses paying taxes and having more employees. >>> elan is promising new details about a factory he says could make electric cars more affordable. it would drastically lower the cost of batteries used in electric cars. he will annou

can you imagine you have a nordstrom's down at 57, 58, gap stores by the way, which obviously did notave that bad a quarter, is now just reported some very good numbers. go a little higher quality. move up on the food chain. can we go to charlotte in missouri, please? >> caller: yes, i own akamai. it went up today finally. will it continue or do i take profits? >> no, i was on that conference call, i have to tell you, it's up 10. when you see a stock up 10, buyers are coming into it. why? apple is not opening up the content delivery system to compete agaisnt akamai. don't forget, the backbone system is akamai. i like the stock. some companies can change their stripes, all the market wants is growth. we see companies create value by doing self-help, get bid up huge today. it's a vital lesson and we know andy dufresne teaches it. got to get busy living or dying. "mad money" will be right back. >>> coming up, catching a break? from fitness to fresh air, it's behind some big brands in recreation. can this exposure be a strike for investors or are concerns about the consumer enough to sink

>> reporter: at nordstrom, we got a bottle of perfume for 37. we could have gotten a 59 pair of pumps for 49 if they had been in stock. >> i can order it for you. >> if you see a price on a ticket, don't think that is the final price because it is not. >> reporter: joe runs the comparison shopping site green tow and he says more and more stores are price matching even if they don't advertise it. >> i think every store will negotiate at some point. >> reporter: the trick is show proof you can buy the same item for less something else. something you can do in store with a price comparison app or a google search. >> it is just being a smart consumer. >> but you have to be smart with how you haggle. >> you want to be polite about it. >> reporter: if at first you don't succeed, ask for a managerful it worked for us. in fact, we were successful in 50% of our department store negotiations. now, haggling is not for everyois simply trying to strong arm somebody and that is just not me. >> reporter: but it is a strategy that could pay payoff. >> thank you

mission, 1440 harrison, also leased to the city and the fifth and market property which is where nordstroms is. okay. in may of 2007 the board of education asked that we convene a surplus property commission that went through all of its steps, and -- i apologize, about six months prior, and in may the board of education declared certain properties actually as surplus at that time, and gave certain flexibility of up to 20% of the

mission, 1440 harrison, also leased to the city and the fifth and market property which is where nordstroms is. okay. in may of 2007 the board of education asked that we convene a surplus property commission that went through all of its steps, and -- i apologize, about six months prior, and in may the board of education declared certain properties actually as surplus at that time, and gave certain flexibility of up to 20% of the district property in its aggregate so every time we identified a surplus property in the future we didn't need to reconvene the entire committee all over again. okay. so these are the 10 properties that originally showed up on the list and let's see what's happens to those properties in the last six years so the former pacific heights new cominger high school building at jackson which at one point in time there were people that saw it as a potential housing site was reopened as the sf montessori elementary school. it's now no longer considered sush plus. the bond program has spent a lot of money renovating that building as a classroom building. the childrens' center

. >>> nordstrom's earnings topped estimates but sales during the holiday quarter came in light sandbagged by higher markdowns. the luxury retailer's guidance missed expectations as the company said its planned entry into canada will continue to weigh to profit. shares ended the regular session up a fraction at $59.44. >>> groupon's revenue jumped 20% on strong demand for discounts, but the daily deals web site forecast little profit growth in 2014 because of increased investments. that disappointed investors and sent shares lower after the results. the stock ended the regular session up 2.5% however however. at $10.28. >>> marriott's fourth quarter profit plunged 17% on lower revenue, in part because the quarter was shorter than it was last year. the hotel operator was one of the few consumer-oriented companies that didn't blame its decline on the bad weather. earnings came in higher than estimates and the ceo was pleased with the quarter despite the decline. >> what we saw in the fourth quarter was about 5% same store rev par growth, which is quite healthy sign that the economic recovery

. >> priceline, groupon, nordstrom, all the earnings tossing -- passing in the last few minutes.a little bit of a head scratcher. looks at the stock is up in the after hours, yet -- >> the forecast underestimates. >> bookings in the fourth quarter were up 39%. priceline stock gains have been pretty incredible over the last year, up 86%. i think it was one of the best performers in the s&p last year. a littlehink disappointment would set back the shares, but the company now says in the first quarter revenue will rise 15% to 25%, at least one percentile behind analyst estimates. that does not seem to be enough to derail the shares. they are still heading upward in after-hours, in the wake of that. >> we have in after-hours sharp. up 2.5%. >> do we want to talk about groupon as well? >> absolutely. groupon, two cents ahead of estimates. sales also beating estimates. this company has had a rocky time in the past year or so. it is offering a pretty broad range for first-quarter numbers. a loss of four cents or a loss of two cents. the company is coming out with a revenue forecast ahea

kelly, back over to you. >> and we still look forward to hearing from walmart, nordstrom, and so manyy coming off strong earnings report last week. it now announcing this afternoon a quarter billion dollar share buyback program. joining us now, our own sara eisen who is with the company's ceo. sara, kick things off. >> all right. well, welcome to the program. you know, j.p., it's good to see you here especially with such a positive reception at the conference. just off of announcing this $250 million share buyback. what are you seeing out there that gives you this kind of confidence. >> thank you for having us. the buyback is part of our overall capital structure and program. so as we think about how we deploy capital, it's really around growth. so we have, you know, very open mindset around possible m&a activity as we want to be able to act in things that help us grow the company. we target about a 50% dividend payout ratio, and then we have a dividend -- then we also have this buyback in place that we think, you know, is positive for us, and it also shows the marketplace that -- >>

i don't know if you know that. ,he clothing line was a topic in nordstrom, the partnership award.> vince camuto, ceo of the communal group. group.of the camuto much more coming up. stay "in the loop." ♪ >> welcome back. you are "in the loop." i'm betty liu. 26 minutes past the hour, which means we are on the markets. olivia sterns. >> futures right now are in the red after the s&p 500 closed within a point of an all-time record high yesterday. a key catalyst this morning looks like the weaker than expected housing numbers. insing starts fell 16% january, the biggest increase since february 2011. about three times worse of the drop economists forecast. numbers, the new overall producer price index, taking wider account baskets of services, it jumped more than expect it in january -- than expected in january. without volatile feud and -- food and fuel, it was still up. the key is the fed minutes out at 2:00 p.m., the latest minutes of the fomc meeting they had in january. >> ikea so much. we are on the market again in 30 minutes. let's count down to the open with the top 10, the onl

i think you worked at nordstrom. >> i did. stuart: we saw it make a comeback yesterday.40 years and one day. i put it to you. is this the big-name retailer that will disappear. >> it comes down to listening to the customer who were shopping and finding out why she is coming. stuart: you would not help them out? >> i think that there is a customer there that is looking for that value. it is anybody's game. don: do they need to go online? >> we also sell through nordstrom. -@in a lot of cases, the customr is coming to our site. stuart: jcpenney, do they have an online presence? >> i think for certain people, they do. stuart: we have all been there. a videogame that gets harder to play the faster your heart beats. there is a connection between the game and your heartbeat. i think that is kind of intrusive, what did you say. we have the creator of the game next. ♪ ♪ stuart: amazon is joining the pandora. the results have made a record label. amazon stock is up. target money making money last quarter. cleaning up the data breach. that stock is up two points. 3d systems report

--gdorf, saks, nordstrom toblem is, you cannot get the store.s profoundly affecting retail. we saw it yesterday in the economic data. mr. flickinger is retail and dual -- analyst at strategic research group and he is moving to miami after what we have seen. have you ever seen a winter like this? >> never seen a winter like this. but we were at the mall of america, so in the frozen hundred of the shoppers get to the stores, but not in most of america. and 59th street, the puddles of water by the curb were wide as lake erie. you cannot get to the stores. how ugly will it be and how big will the discounts be march and april? will move to desperation. on 5th avenue, shoppers are still not going to the stores, not even h & n and the lower-priced -- h&m and the lower-priced retailers. you will have higher vacancy rates. shopping center owners will have a tremendous amount of problems. he anchors like pennies, sears, kmart struggling financially's. anchors like jcpenney, sears, kmart. credit watches as well. >> spring -- fashion week in new york and al

. >>> startingen wednesday the in order -- starting on wednesday the nordstrom parking garage will bee official construction won't start until march 3rd. so during the construction, broadway plaza will offer comply men tear parking. >>> it has empty warehouses. now it's inviting businesses that need room to expand to come on in. they are offering a free business license for this year. san leandro is missing out on collecting $38,000 in business license fees. however city leaders say that program will pay off in the long run. >> there is tremendous amount of venture capitol that is flowing into san francisco and silicon valley. >> so far more than 135 businesses have applied for space since september. >>> 5:55 is the time. still searching for suspects in a home invasion. what their attackers did to the people in that home in concord and how a state senator became part of this terrifying story. >> this gentleman who was deceased he was just driving down the road and had no idea. >> innocent driver killed in a street racing crash. the search under way now in fairfield. >>> good morning.

starting on wednesday, shoppers will no longer be able to park in the lot near nordstroms.g that time, the plaza will offer complementary parking seven days a week. >> it's great for the people who live around here, and great for the tax base that helps support the community. >> many stores have relocated to make way for the renovation. construction gets underway a week from today. >>> defense secretary, chuck hagel today outlined plans to downsize the u.s. army. hagel said the pentagon needs to adjust to smaller defense budgets. he proposes reducing the army to about the size it was before world war ii. hagel says the military needs to be more nimble than the costly large scale force that has been fighting wars in iraq and afghanistan. republicans are already objecting. here are some of hagels other proposals. eliminating the a-10 attack aircraft, which is known commonly as the ward hog, and possibly closing some military bases. president obama is expected to propose a 1% pay hike next year for federal workers. the president is scheduled to include the pay raise in his bud

starting on wednesday, shoppers will no longer be able to park in the lot near nordstroms.ime, the plaza will offer complementary parking seven days a week. >> it's great for the people who live around here, and great for the tax base that helps support the community. >> many stores have relocated to make way for the renovation. construction gets underway a week from today. >>> defense secretary, chuck hagel today outlined plans to downsize the u.s. army. hagel said the pentagon needs to adjust to smaller defense budgets. he proposes reducing the army to about the size it was before world war ii. hagel says the military needs to be more nimble than the costly large scale force that has been fighting wars in iraq and afghanistan. republicans are already objecting. here are some of hagels other proposals. eliminating the a-10 attack aircraft, which is known commonly as the ward hog, and possibly closing some military bases. president obama is expected to propose a 1% pay hike next year for federal workers. the president is scheduled to include the pay raise in his budget prop

nordstrom below expectations. that's trading to the downside.king about their guidance for 2014. same with mohawk, of course, the home furnishing company, disappointing first quarter guidance and they talked about the harsh winter as well. grouponbeat, but they are talking about a loss rather than a gain. that's a bit of a disappointment even though the revenue guidance was a little bit stronger than expect expected. that is correct down 15% for groupon. and priceline is very interesting, they also guided below expectations for 2014, but a lot of the analysts are saying the guidance is typically conservative. this is how you work it on the positive side. bottom line is they did have a great profit growth for the last quarter here. finally i just want to close and give a little bit of kudos to warren buffett and the management team at businesswire. this is a company that he owns. "the wall street journal," some other publications are reporting that businesswire is going to stop giving high-frequency traders direct access to corporate earnings. yo

we've got household names like coca-cola, walmart, nordstrom and priceline all set to report earningsext kind of stimulus for the market. >>> new this morning, a study looks at the lingering effects of childhood bullying. the study published today in the journal "pediatrics" says those who were bullied for a period of time as children were most likely to have poor mental and physical health well into their teens. this includes suffering from depression and low self-esteem. the researchers tracked thousands of kids from three big cities at different times in their development, in the fifth, seventh and tenth grades. >> it's a big study and what surprised me is the big percentage of kids by tenth grade who said they had been bullied at some time during their academic life. that's what really surprised me. >> over half, right? almost more -- i mean, it's an awful thing. >>> all right, coming up, arrested in sochi. an activist holds up a sign and winds up behind bars. could it be the start of an international incident? that story is next. ♪ [ sneezes ] [ male announcer ] if you have yet t

take a look at nordstrom, jc penney and sears among others trading in positive territory. tyler? cnbc's first 25. the top leaders, icons and rebels who changed business the most over the past quarter century. the list of contenders has been cut in half to 100, including some write-in candidates from you, our viewers. find out who made the cut next. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. with the mobile trader app. if ...hey breathing's hard... know the feeling? copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. spiriva helps me breathe easier. spiriva handihaler t

and high income stores, tiffany, nordstrom's and showing a bit of growth as well.talk about the growth, how does the high-end differ? guest: the high-end chains tend to be doing quite well, and if you go to the parking lots of a lot of high-end malls, you will see a lot more cars than at the sears or the jcpenney. the other thing is my impression is that common vision from the internet is not as much of a --tor at the very high-end the other thing is my impression is that competition from the internet is not as much of a factor at the very high-end stores. so i think they are a little more shielded from the amazons. low end,, at the people will not order things that cost a couple of dollars on the internet, so again there somewhat shielded from that. theuld just add that with stock market, it was up 30% last year, so people that own stock, which is only about a small percent of the population, they are feeling more flush, so they are willing to spend more on the high-end. host: you mentioned amazon. is that a game changer? guest: i think it is in the sense that you

looking at urban outfitters or nordstrom. milliontfitters has 2.4 followers. you a sense of how critical this is, they have to000 products distributed 40,000 -- 40 million row files. that is how money times these products have been saved by individual users. saved, but you have not sold those products. >> correct. think of the power of marketing. think about watching a commercial and then engaging with the product. you are saving it into your profile. >> i think it is better than an advertisement. are you actively engaging with it yourself, you are distributing the product to everyone who follows you. your friends or anybody who visit your profile and so on. >> i want followers. miller,hink about matt what do you think about high heels and dresses? -- when youpsion sign on it, you see the featured products. >> i want matt to know what high heels and dresses he likes. thank you for joining us. teslan we come back, shares are popping. we will take you on the markets and tell you why. >> look back. you know it is time for. >> it is bloomberg's on the markets. >>

i'm going to nordstrom's. what did you learn?r the last 12 careers in uniform, getting them employed. >> join with us and be a mentor through alex gorsky's program. if it's way too early, what time is it? it's time for "morning joe." now it's time for chuck todd. >> the syria standstill. situation seems to be very stuck there right now. and as u.s. and russian diplomats try to find a way forward, america's top intelligence official suggesting syria's civil war could lead to attack in the u.s., there's now a split, potentially, inside the obama white house about what to do. >>> plus radio row. while confirming that the u.s. attorney has subpoenaed his office, governor christie asserts again that he didn't know anything about the bridge closure that's engulfed him in turmoil. very specific on when he knew and when he didn't. and it actually might fit the wildstein timeline. >>> and this

tracy: congratulations, s j t's nordstrom. see you tomorrow. "varney and company" is right now. stuart: day 2 of our new hour's well, board. that:favored by many viewers in deep trouble. of big exchange shutdown bitcoin's missing, the value plunges. development and technology coming. amazon considers a top box. is there nothing they can't get into? the work ethii alive and well? dirty jobs guy might grow defense his parole work stand, he is center stage in the work/welfare debate. dick cheney says the president would rather spend money on food stamps than the military. those big gains for tax stocks, some saying it is the dot.com bubble all over again. "varney and company" is about to begin. ♪ stuart: big problems for bitcoin this morning. one of the largest bitcoin exchanges shut down. the exchange is website, nonexistent, twitter account wiped clean. we just got this statement, a decision taken to all transactions for the time being, we will be closely monitoring the situation and will react accordingly. several bitcoin exchanges reporting but they were trying to file for bank

after the bell, nordstrom, hewlett-packard, and groupon. rogers moment. >> it matches your iphone cover. >> they do. i have got my girl iphone cover here. it goes with my pink crocs. let's do a pink data check. we're looking at equities, bonds, currencies, commodities. futures negative two, yield comeback. there is a relaxation of from the tragedy we see in kiev, we $2.72. $2.68 back to nymex crude still elevated above $103. more in "surveillance" today. the ruble, two measurements -- dollar ruble and the ruble basket, which is a mix of euro and dollars. that is with the pros look out. $41 70 four cents. and there is nymex crude front and center with the ukrainian oil hub in the pipeline. here's a chargt on inflation. a core ablation number. that recent disinflation -- critical for a core deflation number. a big deal, but if we see take down there, that becomes far more important for chairman yellen and others as well. it took hours. we scour the front pages of the papers and the web this morning. a lot of stories. pre-k's tom, really only

walmart and nordstroms reported disappoining earnings thursday and they issued weak forecasts for theear ahead. walmart customers aren't seeing their paychecks grow. the chain says cuts to food stamps have hurt its bottom line. >>> "usa today" says president obama will host the dalai lama today. it is his third white house meeting with the exiled tibetan spiritual leader. but china wants the event cancelled. beijing says the meeting will damage america's relationship with china. >>> cbs denver says taxes on recreational marijuana in colorado could add $100 million a year to state coffers, more than double the previous estimates. the governor's office says most of the extra money will go towards substance abuse programs. >>> and "philadelphia enquirer" says chris christie was heckled at a town hall meeting, his first since the bridge traffic scandal. >> the alternative is the -- i'm answering the question. >> at one point, christie grabbed the microphone from a speaker, but the man took it back. >> look at that. >> the meeting was held in a town severely damaged by superstorm sandy. no

look at nordstrom's. service, great product, fashion forward.k at fast retailing out of japan. you look at h h&m and base being fast fashion. they're doing extremely well. luxury, tiffany's stays strong. burberry stays strong. the people that have service and have new fashion news just like christian dior did after world war ii and revolutionizing fashion, that type of fashion thought leadership is going to make people go to the stores because there will be things people want to buy. tracy: but isn't it still about discretionary income? consumer electronics were down. toys were down, crazy to me. toys "r" us can't seem to get it straight. people will usually spend anything on their children. >> yeah. tracy: you need discretionary income to go out and buy. >> so interesting you point that out. higher gas prices it will cut into discretionary income. that is not really happening now. we saw good solid consumer spending in the fourth quarter last year. might turn around a little bit right now. ashley: tell you who does the best? kids are not gettin

after the close, we hear from highway patrol, priceline, groupon, intuit, newmont and nordstrom. >>> let's show you what's happening in kiev between deadly protesters and riot police. that's it for this show. i'm carolin roth. thank you so much for watching "worldwide exchange." we'll be back tomorrow. opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. >>> good morning and -- yeah, it's written here. what's up? was that a commercial or was that mac? what was that? >>> anyway, i did it. they wrote it there. facebook buying a message service start-up in a $16 billion deal. tesla's earning power, the electric luxury carmaker gets charged up after giving a strong outlook for on 2014. and nelson phelps at it again. he's calling for a pepsico break-up. it's thursday, february 20th, and "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm glad it

. >> how is the tie up with nordstrom going? are you still in business there? >> we're in discussions to grow there. i think we can do business in a way inside the department store and our flagship stores will be different. different piece of business. >> and what about other brands alongside topshop, will there be rooms for things like wallace and dorothy perkins? >> it's not on our radar at the moment. and there's been some talk of a deal with macys. is that o cards inspect. >> i think there are discussions going on from time to time with different brands to see what we can do. i think those are ongoing and if something comes to fruition, we'll do it. >> you said your u.s. expansion is going to deliver you $1 billion in sales in the near term. is that realistic? >> no, not this year. these five stores are opening over i think 15 months and hopefully we grow our online business. i think we have a bit of a way to go. >> you said one of your regrets wasn't moving into emerging markets fast enough. you're now in honk hong kong trying to recreate the success of h&

president, nordstrom's, great place, i love them. they have a great return policy. i'm glad they are doing well. but family dollar, they're thriving because many people who were middle class are now poor. families aren't going out for spaghetti and meatballs. they aren't even going out for hamburgers like they used to. they aren't buying their kids new jeans or backpacks. they pass them down. from child to child. mr. president, -- they pass them down from child to child. mr. president, i can remember -- it's been over a year ago. i went to this program in north las vegas, nevada. a lot of poor people in north las vegas. they were giving away backpacks with some pencils in it. it was before school started. some pencils and some paper. mr. president, those backpacks were so -- i don't want to denigrate the wonderful things that people do. they were so cheap. they were backpacks that had names of businesses on them. and these children lined up with their parents for as far as you could see. they were desperate for a backpack. not a very good one, but they didn't have o

and thursday is a big retail day, walmart, nordstrom, hewlett-packard, priceline, groupon, all dishing. back over to you guys. >> dom, thank you very much. we're heading to the close, 12 minutes left and we continue to bring it in here. the dow was up 141 or thereabouts at the peak. now up 119. we'll get you closer to the closing bell. >> and later help wanted, airline pilots. that's right, there's a shortage of pilots in the country and it may be we only have ourselves to blame. we'll explain this one right after the bell. stay with us. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. (voseeker of the sublime.ro. you can separate runway ridiculousness... from fashion that flies off the shelves. and you...rent from national. because only national lets you choose any car in the aisle... and go. and only national

. >> walmart going up and nordstrom's going down before you're going to see this thing end. >> that mayas to where the 1% are or are not the wealth creators. guys, robert, thank you for now. >> thanks. >> an important story. over to dominic chu for a quick market flash. >> kelly, let's talk about noodles and company. a hot ipo from last year getting hit hard. porsing weaker than expected fourth quarter profits and sales. you can see that stock is down 15% in the after market trade. so a big year out of the gate but at least this time around down in the after market. back over to you. >> wow. 11% downward. >> i think an important point -- herb/herb doesn't matter. >> herbalife and herb. >> remember, this is from last year's class of jobs act ipos which were so many of the ipos from last year. they got out perhaps when they shouldn't have. this is a company that, you know, right out of the gate disappointed, and the stock had done well. you abo we're seeing a number of these companies start to fade -- >> but that's a really important point. are you sure it's going to be because of the job

i think we're going to have to -- she's a fine republican that ran on -- anyway, retailer nordstrom beat estimates by 4 cents. fourth quarter profit of $1.37 a share. but its full year forecast for 2014 falls below estimates as profit margins slipping. groupon earned 4 cents a share for the fourth quarter. two cents better than analysts had predicted. but the daily deal sight forecasts current quarter losses result the big loser after hours. it ran spending on marketing to grow its customer base. we will talk to mark mahaney of rbc capital in a few minutes just to talk about groupon's latest results. he's back by popular demand. was he on yesterday? >> he cut his rating on groupon based on these results so we can talk to him about why. >> and under armour is doubling down on u.s. speed skating. cnbc has learned that the sports apparelmaker has extended its exclusive partnership. that the u.s. speedskating team through 2022. they've been making this through the team since 2011. but if you've been following the winter olympics, you know that the speed skating team has come up short in the

that's something we're seeing across the board whether it's macy's, whether it's kohl's or nordstromplaying into the margin out for next year as well. >> matt, let me ask you really quick and see if we can pull up shares. i want to change the topic just for a moment. jcpenney is below five bucks i think for the first time ever. what do you make of what's happening there? how concerned should we be as this stock continues to tumble? >> look, it's a tough road ahead at jcpenney, it has been and will continue to be. the path that people are trying to figure out how do they get the share back and is any of it sustainable. i think what they're facing and we spoke to them yesterday, look, macy's has stolen the weekend from them and off price i think is something that i wouldn't say that they overlooked but i think it's proving to be a much more formidable competitor as they're trying to get the share back. i wouldn't want to be -- i wouldn't want to be jcpenney trying to go up against macy's with half the tools that i think macy's has in its toolbox. >> how is the balance sheet looking and