skechers endorsed keflezighi in 2011.nalysts say this high- profile win could be a game changer for skechers. frank and juliette? >> not bad. >> and for meb, too. he will make a couple of bucks, too. jill wagner cbsmoneywatch.com, on a wednesday, thank you, jill. >>> 5:41 now. the oakland a's ownership quickly rejected a 10-year lease offer from the oakland coliseum authority. details of yesterday's offer not made public but the a's released a statement saying it didn't address all the teen's issues at the stadium. negotiations are expected to continue. the a's owner lew wolff would like a long-term issue in oakland while legal issues are worked out regarding the long term plan to build a ballpark in downtown san jose. >>> 5:41. after weeks of coming up empty investigators may finally be closer to finding the wreckage of the missing malaysian airplane. >> and another controversy for the irs, this time over bonuses given to their own employees with tax troubles of their own. coming up. ,,,, [father]c'mon,buddy,you can do i

but we have the stocks you >>> i like skechers. they're selling a ton of cool footwear for men and women. earning and sales are sizzling and acting well in a market that's topping out here. >> skechers is an amazing company. they reinvented themselves several times and blew away the numbers. how do you feel about it? >> i think it's a great company. but fashion is extremely fickle and i would not want to bet much machine fashion trends continuing. >> what do you like? >> boeing. i love boeing. this is a company whose magment has shown astonishing flexibility. brilliantly run basic company. >> real quick, do you like it? >> i just think prices way ahead of their earnings and i think it's going to do nothing for quite awhile. >> love boeing and also love the cost of freedom that continues on the place for business. don't change the channel, fox. >>> america's middle class is no longer the richest in the world. and get this, the same study that says this says that the middle class is shrinking because the u.s. needs more liberal polic

who was wearing skechers. >> i asked him about that. he used to wear nike.nd he said nike thought i was too old, and guess what? >> meb, great job, hope for all of us. the target is 35% higher. they retained their buy rating, so skechers getting a boost from analysts and meb. >> i have a bon us for you. mattel, teaming up with sony for a barbie movie franchise. >> okay. okay. >> nice music. >> what is this music? >> barbie girl. >> two questions. movie, mattel, barbie movie. >> i will be there opening day. >> is it that woman in ukraine who spent about a million trying to actually look like barbie? >> i don't know. >> what is the plot line? >> no matter what, it's going to be great. it's every girl's fantasy. they made their own plot lines. >> she drives around in a corvette. what's the plot line? >> i think sony has a winner here. >> you think so in. >> i do. as a former barby fanatic. >> you want to put a caption on that, opening weekend, nothing more than $30 million. you won't take the bet? >> i'll take the bet. >> we'll do it opening weekend. i'll take

skechers putting a lot of money on the new running shoe promotion. it worked today.eason to own the stock or neat fact? >> a neat fact. it reminds you of under armour and started moving into football cleats and a few other things. >> i don't know many people who would rush the store to buy sketchers. marathoners are hyperaware what their footwear can and can't do and athink a sponsorship wouldn't change their mind. >> with nike down 9% i'd rather go that route. >> it gives the shoe credibility. everybody laughed at understood armo armour. >> we sat around the table and didn't know they had this kind of shoe. >> i want to see somebody win the marathon in uggs and decker will take off. >>> trades and stocks making news, nike. according to cnet nike is running away from the horde wear technology and thoughts. >> they were best in breed but not this particular category. i like their decision, they will step away from this technology if these reports are right and all these people fired, i think from the sell-off it's just about the level you can take the stock back. >> w

>> i've been working with skechers, and had been with nike a long time, and skechers gave me the opportunityd, it's been phenomenal boost to my career and almost 39 years old, and nike felt i was probably too old. you know, with skechers' partnership, things have gone well. just ran my fastest time ever. yesterday, the boston marathon. and i have two previous before that also in new york and houston at the trial. it's been a great partnership to be able to work. and i think they're helping me mekally. >> finally, meb, 19 kenyans have won that race since '91, and now you as an american. is the era of kenyan dominance over? >> well, it's just an honor to be able to win as an american after 31 years. greg myers, 1983. yeah, the kenyans were second and third this time. i feel -- we all train hard. but yesterday was my day, and especially after what happened last year, i couldn't be happier to carry that torch for the united states. >> and we couldn't be more proud of you, meb. thank you so much for your time today. congratulations again. meb keflezighi. >> thank you so much for having me. >> and

. >>> and skechers' stock is up over 7%.he shoe company reported after the closing bell that the profits were double what wall street expected. that sent stock up 17% in premarket trading. skechers could get more popular. the winner of boston's marathon was wearing them. that individual is the first american winner of the boston marathon in 31 years. crossing the finish line there. >>> we know the warriors may be ready to leave oakland and move to san francisco. however, it's the big snub from oakland's two other pro sports teams that's making some fans very worried. >>> a possible new clue in the missing malaysia airlines plane. the items that washed ashore in australia that is now the focus of investigators. >>> welcome back. the search teams looking for that missing malaysia airlines jet, they found what they are calling an object the interest. it's described as sheet mountainal with ribbettes. it washed ashore in western australia near perth. a government commissioner is playing down high hopes saying the more they look

. >> skechers stock is on the run this afternoon after meb won the marathon wearing their shoes. he's the first american man to win boston in 31 years. his's signed on to be the official ambassador through 2016. congrats, meb. >> you win, the stock goes up. >>> stocks remain range bound generally as the markets face a blitz of corporate earnings. there's still a lot of key earnings to come, about a third of the s&p apparently this week. apple, microsoft, boying, mcdonald's many, many many morn, the latest action right after this break. stay with us. stay with us. your boss? yourself? your parents? your family? at baird, what matters most to you... matters most to us. as an employee owned firm, our financial advisors have the freedom and resources to realize a plan to fit your family's unique needs. we'll listen. we'll talk. we'll plan. baird. in a we believe outshining the competition tomorrow quires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for

he pled guilty last year to passing inside information on companies like skechers to an acquaintance. for three years in prison and $100,000 fine. the defense is asking for no prison time, just probation. he should know shortly what the answer is. by the way, cnbc also learned kpmg is moving against london as well and hope to get details on that later. guys, back to you. >> jane, thank you very much. that will do it for this edition of "power lunch." >> "street signs" begins now. see you tomorrow. >>> american companies are now hoarding so much cash they could give every single worker a $10,000 bonus. hi, everybody. we're calling it the great cash stash. who's hoarding all the money? why? what it means for your money. >>> plus, why this week may be the best week ever for billionaire activists and how states are having a nicotine fit over e-cigs. how are the markets doing ahead of this night's seattle slew of earnings? >> you know, it's a very strange trade in the markets. we're off session highs. pretty much green and the nasdaq