as a child, i think we took tj for granted not because it was a different country to me.o me, it was just like, "oh, it's just tj. it's where the other half of my family lives." and even iff i was in tj my entire life, being this farar north, yu are sort t of removeded from the other parts o of mexico and the cullture. yoyou're mexin,n, but you dodont really know. my last restaurrant was mexican,

host: here is a picture of tj ss on the left here with sister mirandae. what is the story there? guest: that was a young man that my colleague at the wall street journal sentinel, she withd on a pbs documentary a lot of young people, including tj, about a lot of challenges they and their friends are facing. he was a lucky one, because his parents were supportive. another came from foster care, another who was bullied and was autistic and may fun of at school, all had a difficult time. fortunately, they ended up in a good place. but he had a supportive home. a lot of people do not know. host: david, good morning. caller: good morning. loss of the nuclear family and the secularization of this country and the deviation from god defining a gender-specific species, our deviation from that is confusing the minds of young people, and they do not know what to do with it. you are not going to a better place when you commit suicide. you are not availing yourself of a better situation, because you exponentially increase the amount of suffering. you will suffer for maternity if you do not ha

>> i frankly like names like home depot, like tj that are still going. kohl's i think they have a shot at turning it around i think the move today is overdone but i think department stores as a group, a lot of their problems are self-inflicted their stores are too big they look awful. they've got horrible assortments. kohl's is less of that in my mind >> very quickly, simeon and liz, do you buy nordstrom >> no. >> right now you're -- no. >> they're reporting tonight too. >> listen, you and steve brought it up in the beginning the twitterverse right now is a new technical rating and whether we're talking about peakon shoulders or whatever, beacon shoulders, fundamentals, the market's not trading on fundamentals it's trading on tweets and fudge tell me you have a longer-term time horizon a lot of these things are at the lowest valuation they've been. if not you have to worry about stomaching the pain in between >> simeon and liz, thanks for joining us interesting conversation after the break bank united marking ten years since its founding in the wake of t

so, today i'll present to you the operating and capital budget for tj pa for fiscal year 19-20. previously we've been to you with our february meeting with preliminary numbers and april i came back with an outlook, a general summary of what to look for and today i bring to you the draft budget with all the numbers that you've been waiting for. so i will preface the operating budget assumes full operations from -- for our full fiscal year, july 1 through june 30. in this draft budget, you'll see a comparison from february to may. there is a large difference at $6.5 million. $6.5 million is debt service. and our february projection we did not include it because the february preliminary number was operations. previously before i came, our debt service had always been in capital and i made the -- made the decision to move it to operations as phase one is closing out and there is no more capital once this year ends. it fits into operations at this point. so, the difference between february and may is the debt service. that debt service number is fully paid for by the next tax increme

pictures of the new crop of guys on the bachelorette, i feel like i'm shopping for v-neck sweaters at tjaxx. > we've learned kim has helped get the sentences of people commuted. the lengths she will go for more instagram followers is really something else. kim is following in the proud kardashian family tradition of getting people out of jail. imagine waking up from a coma after five years, hearing kim kardashian is now one of the nation's leading advocates for prisoners' rights and donald trump is the president who helped to make it happen. i mentioned this last night. the united nations released a report that says nmore than a million species of animals and plants are facing extinction. if pizza was in danger evof goi extinct we'd go nuts. but this is something we need to act on, to raise awareness. we went on the streets and asked if they're worried about one species in particular, homo spai homosapiens, which is us, humans. this is what we got back. ♪ . >> it's a big hot button issue, are the homo sapiens worth saving? what's your take? >> yes. >> why's that? >> just because there's

tj oh in gilroy early college academy south of downtown gilroy near highway 101. glenn premier is on what drives the strong achievement there. >> reporter: it off the bat one of the things that distinguishes this high school for many others is that is built on the campus of a community college. he doesn't have to look forward to see what it takes to go to college. his high school is carved right out of the community college campus and makes a big difference. >> really get the sense of maturity and sense we are striving for something better. >> the school has won numerous roads the latest the top national ranking according to u.s. news & world report 42nd in the u.s., 30 california a number 1 in the bay area. >> we are very proud of our school. >> reporter: sensible sonja flores says the early college model which allows students to take college courses while still

he is the founder of tj's organics that specializes in frozen burritos. >>> he will be sentenced next month and faces up to six months in jail. 50 people have been charged in the college admission scandal. 16 have plead guilty. >> also today the faa is hosting a meeting of international regulator to discuss whether to allow the boeing 737-8 max jet to resume flight. the judge has been grounded said after two of the planes crash one in indonesia and one in ethiopia within five months of each other and under similar circumstances. since then there has been criticism of the certification process used by the faa that gives boeing much of the responsibility for overseeing the safety of its own products. boeing says it has fixed the software on the max jets. >>> president donald trump walked out of a meeting with democratic leaders saying he can't work with them if they keep investigating him. >> i told senator schumer, speaker pelosi and do infrastructure. i want to do it more than you want to do it. i will be really good at that. that is what i do. but you know what. you can't do under th

sometimes there's only 20 minutes or so from assignment tj assignment to try to squeeze in a meal.still, others say, rules are rules, no food or drink on the system. ld followtro staff sh the rules of the metro, because when i get on, i know i can't eat. if i start eating something, i put it away. s> reporter: still others are wondering if thi whole thing presents a chance for metro to rethink its eating and drinking policy on trains and buses, ly specificalhen it comes to things like water. social media posts seemingly never ending over the last couple of days, some of them racially charged. the local auth who originally tweeted the picture has reportedly lost a book deal because ofher post. paragrap erhaps all of this opens a do r a balanced discussion on the issues surrounding the picture. adam tuss, news4, along the red line. >> thank you,. adam >>> d.c.'s mayor and the police department have put a focus on fighting the violent crime in southeast we've been reporting on. people in that community call murder and rape there a crisis. police have launched their summer crime initia

we have a hard time finding folks to jump in and do the tj. >> f past 16 months the quality of availableked the single most important issue according to data from the national federation of business. what's more that businesses are lowering requirements for both skilled and ilunskd positions as workers are inkrooisingly hard to come by, the he has owned previsio and welding in northeast ohio. he said manufacturing competition in the areas fierce and he does his best to hang on to the workers that he has. >> much of our equipment isia spzed and we've custom developed it for our own needs who f we learned someo learned those skills we must start all over with someone who replaces them. >> a major challenge in one of the tightest labor markets on record. for "nightly businessreport," i'm kate rogers. >> we have a passing to tell you about from the world of finance and ecomic, a true pioneer of public policy in washington died. she was the first woman to serve as budget director and she was the foundingr direc of the congressional budget office. miss rivlin, as you may spent three years as v

the parent company of tj maxx, marshall and home goods saw solid alsame-store and an increase on customeras up a fraction to finish at $53.26. late today thete repsales that were weaker than expected and it cut its full-yearhe forecast and retailer plamed softer trends and execution issues related to i loyalty program. that sent the stock lower in initial after-hours trading after rising 1% in the regular session. street's topped wal earnings and revenue estimates and the ceo says industry fundamentals remain strong and thecompany's market share sum proving and the company revved hire more than 5.5% to finish at $1,032.25. pp industry says that ppg keeping the company intact is not the right strategy. from an activist investor that id a split would accelerate sales and profit growth and the stock was up more than 1% to 109 even. and merck will buy the cancerma drr peleton therapeutics for $1 billion. peleton wasreparing to go public and this deal helps bolster i portfolio of cancer treatments. shares are up to $79.50. if yly were planning tohis summer get ready for a lot of company. an in

to my sins in his quest to to provide viable solutions to polish or to tj's maqam aborting only text environment into consideration by crispier and they would see us to keep them well classwork and that's why we saw for recycling them so that they do not go back to pollute the environment. the power to invent and he steam and need more financing in order to increase production finding old batteries will be no problem here. now it's just amazing how these people give those laptop batteries a 2nd live for the sake of the environment that's it for today from your prime african european environment show thank you and see you next week goodbye from lagos nigeria thanks anti as always it was fun hosting the program with you and if any of you want to find out more go to our website the address will be on your screen in a moment or even better if you have something to say about any of our stories write to us on our social media platforms now it's goodbye for me to from johannesburg south africa. is it tedious monotonous. a waste of time or. the most boring thing face the lunch break the bori

. >> the retail is getting smacked around and you get missed and it's amazing when you look at tj maxxoss stores and they benefit from people who pull forward merchandise from china because they wanted to get ahe of the tariffs and those are the guys that it's a very binary situation and you have the standard retailers that can't make money, and i think you have to stay there until this issue gets resolved. >> let's do some final trades. >> timmy, you start us off. >> thanks for joining us on the big show today i'll about with big apple. a lot of that is priced if for the here and now and the capital marks is your tailwind >> karen >> i'm sticking with the fangs as well. i like alphabet and you're happy in the long run if you buy it here. >> grasso? >> i think you have to buy yield, dow dow inc.. if you start padding your performance. >> danny boy >> the big show -- >> stop sticking around for this xhp and i think it's not so great and i think you should sell >> that does it for us on "fast money. we'll catch you back here on tuesday after the long holiday "options "options action" sta

that ends up being a benefit to people like tj maxx and the resellers.takes, you've got a bunch of inventory heading to the second-tier group. i'm sure there are some people working on very complicated software to try to make that work. alix: so what do you like in retail, or do you avoid it? guest: i mentioned autozone. i like the people that benefit when people are keeping their cars longer. that group'reilly, has a nice trajectory going forward. i like home depot. you had consistently good performance. it is very difficult to replicate the network. they are in a very specific area. lowe's is not as strong as home depot. they are in a very concentrated market as the leader, and they are getting a lot of things to help them with distribution, and that is helping them right now. david: thank you so much. you are going to be staying with us. coming up, bullying and blackmail. that's what the chinese ambassador to the eu says the u.s. is doing in trade negotiations. alix: and i'm curious about what theresa may might say about everyone else. the pound had a

. >> we watched games in dallas when my wife was pregnant with tj so now we have the family together here and it is awesome. >> this is our mother's day celebration and i'm very excited . we got to take a picture of the stanley cup. it is my good luck charm. >> around three, we definitely think they will take around 3. his favorite player is going to get a slap shot and we are going to go home happy. >> reporter: fans to go home happy and eager to make predictions . >> i am going 6. sharks in 6. >> we will get them in like 5 games. we will let them win one game, a mercy win. oh! >> reporter: game 2 will be monday night right here at home. live at the shark tank in san jose, henry lee, fox 2 news. >>> we will see how it goes. the sharks now have an important like up in the western conference finals. coming up later in sports rep, scott reiss will have more highlights and how players are reacting to tonight's win. >>> single-game tickets for the warriors western conference finals went on sale today. presale tickets were offered to season tickets holders at 9:00 a.m. and the general pub

thing is one word excuse even tjx conceivably had a strong quarter, 5%, verses talking marshals and tj home goods is down it looks as though it is opening up but it is getting way down by the other companies that have failed >> the department have not been in love with the idea of planning for reacceleration or the investor side in the last little phase, we saw beginning of that and more cyclical before the latest tariff jolt hits. i think that's one of the bigger stories that the markets is kind of backing off, it supports equity valuations, big growth stoc stock. they're sort of a little skepticism or sort of presumed guilty mode when it comes to cyclical it could be opportunity. at some point we get some good news on trade and clearance to have earnings estimates ratcheting up on the industrial. >> we'll learn more of nordstrom after the bell this evening. have not touched much on powell and tony took on corporate debt last night, sort of raising awareness about it and telling businesses to pause and reflect, saying it is far from anything we saw precrisis a lot of the triple b's st

. >> it is going to point out on retail, the off price sector, ross and tj max has been an exception.re not as amazonable because people like to go search for bargain as and they have ben getting great merchandise from department stores. ross was a bit of disappointment the ladies business within ross is not as strong as we saw at tj max, traffic declined and inventories suggesting as numerous says it is not in a strong position as tjx and maybe the gains have been locked in for a company like that. off price are doing better than department stores, it is still a winner people are taking a chip on ross >> i am not sure what the reach should be, obviously you are dealing with the tariffs situation and the impact on consumer overall but, to your point, sara, walmart target tjx and costco. >> winners and losers. >> macy's did not report of that number it got penalized then we see nordstrom and some others really taking on this wee week tjx was lower than it was. the entire group had been swept up in this over hang that's been remarkable turn around story the second they started talking a

the highest-ranking school in northern california was doctor tj owens early college academy in gilroy came in at number 42. the school was founded by the bill and melinda gates foundation. two spots behind his pacific collegiate charter in santa cruz. three more bay area high schools made the top 100. lowell in san francisco at n sa a high school made the list in the 96 spot. >>> ktvu fox 2 news at 5:30 starts next with the last man standing. >> i want to do this, just to represent all those guys i was with. i am the only guy there who will represent them. >> a 96 rolled veteran, now the last survivor of his unit that stormed the beaches of normandy on d-day. gets ready to return for the first time since world war ii. >>> plus, law enforcement officers compete for the title best in the west. the competition and the real- life application for skills being tested. >>> and coming up later in sports, a star-studded night for the bay area sports hall of fame. we hear about the 49er being inducted and the crew on hand to honor him. >>> now to our top stories. san francisco's rec and parks d

although i'm looking at tj maxx which is tjx, owner of ross stores as well, they are standing at about $53 a share. their annual high is just $56 so very close to highs. i'm wondering, scott bauer, if you get the right mix, the right recipe for what people want which is competitive pricing and fresh inventory every other week or so, then maybe it really works. there are some good names here. >> there are a few. it's very few and far between, though. the big box retailers have such incredible, incredible head winds coming at them all the time. and you know, you got these reports today and at the end of the report of kohl's, they actually mentioned something about tariffs. with home depot also, home depot's numbers were not so bad, same store comps were down a little bit, they also mentioned something about tariffs. so i don't know that that really played into these quarter's numbers. these numbers are weak in and of themselves. going forward, though, the tariff issue is only going to hurt these big retailers and again, i think it's going to be the outlier, maybe a best buy that actually

on the other side tj maxx beating top and bottom line. doing well with all of their brands. t.j., max, marshall's home goods. they're raising revenue. saying the treasure hunt shopping experience what people like out there. home depot also doing well. eps coming in at 2.27 versus $2.18 but they had the slowest same-store sales in three years. invest took a look at that and sold it off this morning. it is marginally higher. a mixed bag. we're seeing lots of differences between the retailers. it goes to where they're sourcing goods from china. back to you. melissa: liz, i hate that excuse about chinas, because you don't have to source your boards in china. when they talk the consumer will cost this much per house hole, if you continue to buy chinese goods. buy them from india. buy them from vietnam, whatever, anywhere else or america god forbid. >> it takes time to shift around supply chains. companies have been moving production to vietnam, thailand and other places. that will continue, kind of no matter what happens in the next several months on a trade agreement. that is gr

. >> where do you go >> i'm going with tj maxx, as well >> maxanistas. >> how about ross stores >> i'll throw out another name just so we have one more >> you are looking at 6% on the positive side and nordstrom posted a negative 1.5% on the full-price stores and nordstrom, the biggest issue with them is their value prop over the course of the last several years has been this great customer experience which is now completely irrelevant when nobody walks into the stores. >> nordy >> nordy club? >> for more on retail and the demise of the stores go to cnbc.com i'm melissa lee on cnbc, first in trading worldwide >> the refined coconut oil >> investors have been feasting on beyond meat, but when you hear what one skeptic has to say about its ingredients you might be second guessing the meatless mania on wall street. >>> plus, the bears are out for tesla. >> i was very sad to see that. >> cheer up, elon because despite a bull callout today the stock could see a big reversal and it could be headed even higher we will explain. much more "fast money" still ahead. at comcast, we didn't build the

i like all these companies, maybe tj over burlington if i had to pick between the two but the off prices are fine. >> let's go through the underweight names here target they love walmart, they don't love target so much. williams sonoma and kohl's and host hotels and resorts. >> just as steph said, they're not exactly undiscovered these are not exactly the highest flying best performing names that they're, you know, so i think a lot of what they're doing is just taking arguments that already exist out there in the market and reinforcing that with saying, yeah, these stocks have not done that well in the last five years. >> maybe the most controversial on the list and weigh quickly in on this is the walmart, yes, target, no it was walmart -- i mean, most people that we hear from are saying, yeah, walmart and target, yes. >> so, you know where i am -- >> except pete najarian. >> you know where i am on this >> but he has a big yes on target >> you know where i am on this i feel like both walmart and target, while they're not doing the exact same thing to get omnichannel right, they're both w

i will be in this for at least a couple weeks, i like this one and tj's, there are some nuggets out therescott and we're starting to see a few of them, i think. >> good stuff. come on back over. >> thank you >> thanks. >> we're about to answer your questions. first up, joey, got one for you. put the ipad down, stay with me right here >> i'm always with you >> see that? notice that? if only they could see everything, carrie >> you do, you do. >> joe, we got from west palm beach, fadne, is kraft heinz a buy? >> no. kraft heinz is not a buy too much debt, $30 billion from the takeover of heinz, the question is does this new ceo come in and cut the dividend i think that could potentially be a headwind, much better place to be in the consumer staple, hershey, monster beverage, and jm smucker >> wise, for you, from mo in dubai. thanks for watching. thanks for the question. should i buy c.a.t. right now? >> no. i think you have time. depends on what your time horizon is, first of all, but they're right in -- they're at ground zero in terms of what's going on with trade tariffs so i would not buy

tj maxx, their parent raised its outlook, that's good for the stock but not that much. not that good. it's up half a percentage point. kohl's cut its profit forecast, down it goes, 10%. jc penney reported a bigger drop in sales than was expected and it is down 6%. barely above $1 a share. >>> i've got another number for you. the investment firm ubs says that china tariffs could force 12,000 stores to close. back to peter morici. by the way, ubs also says $40 billion in sales are at risk. they are pointing to dire consequences of these tariffs being extended. what say you? >> oh, i think those are silly numbers. manufactured by people that don't want donald trump in the white house. those numbers are way too large. i will say this. there is some pain associated with the tariffs. i wouldn't be an economist in good standing if i didn't acknowledge that. but the pain is worth the gain. we simply can't afford to continue to be engaged with a system that pirates our technology and steals our future. i wonder if ubs factored in all the lost jobs in places like south bend where

host: here is a picture of tj ss on the left here with sister mirandae. what is the story there?: that was a young man that my colleague at the wall street journal sentinel, she withd on a pbs documentary a lot of young people, including tj, about a lot of challenges they and their friends are facing. he was a lucky one, because his parents were supportive. another came from foster care, another who was bullied and was autistic and may fun of at school, all had a difficult time. fortunately, they ended up in a good place. but he had a supportive home. a lot of people do not know. host: david, good morning. caller: good morning. loss of the nuclear family and the secularization of this country and the deviation from god defining a gender-specific species, our deviation from that is confusing the minds of young people, and they do not know what to do with it. you are not going to a better place when you commit suicide. you are not availing yourself of a better situation, because you exponentially increase the amount of suffering. you will suffer for maternity if you do not have god

people have been winning have been winning all along discounters, internet companies, value players like tjeing what is expected. department stores are losing that's nothing new tariffs, there are areas particularly hardships like private label apparel, toys is one that is very heavily concentrated in china. bicycles difficult to move it sounds like the administration is trying to find pain points. beyond that, i think we all need to pause a second. there is not going to be a 25% increase in the cost of all these items. the reason is because there are alternative sources and companies working on this for a long time. it really should be just a single digit, you know, increase, low single digits over time they're in china because the best place to be there you have the rest of southeast asia, vietnam, indonesia, bangladesh, india, north africa, eastern europe you have plenty of places to go as alternative sources apply for most of these products and that's what the big and smart retailers have been working on, and will work on a lot more. it is not what -- >> when you say they have been work

do i look at the winners, which has been ross stores, tj max, olly's that benefit from the overinventory benefit actually from the trade skirmish, the trade war that we're having right now, or do i wait for the rebound effect from the ones that have not worked? >> so i think overall when you think about value what works, value and convenience, i think those off prices that you just mentioned, they've had some of the strongest same-store sales and they've had both women and is men's apparel, particularly at tjx, doing well for them. so i think you're still going to see those off prices outperform and the reason why is because the extra inventory as you mentioned, their prices always come down a bit. access to better goods, access to more goods. they buy right, it's a win for the off pricers. >> dana, do you think it's already in some of these retail names that we could go to the next tranche of imports from china, another 25% tariffs on the $300 billion imports left which do affect a lot of them, like with apparel and footwear >> i think if the next 25% come i think there's still probably

tj saying congress is demanding barr break the law and if he does not, they will have contempt of congressinsanity of it all. that is some -- on our twitter feed. jeb from north carolina, republican line. caller: thank god. donald trump is perfectly within his rights. i find it kind of obvious that when eric holder was caught giving funds to mexico, the executive privilege was not scrutinized by these media liars and now that donald trump -- there is not even a crime. eric holder committed a crime in the name of the united states. host: what did you think about the president using the power in the first place to do that? caller: in the first place, he did not use it until after the mueller report. all these people complaining, obama never let no report or investigation go down. he let eric holder get away with it and nobody said nothing, including you. host: the holder report played out over many months before conclusions were made. the president acted last night when it comes to executive privilege. caller: donald trump has given so much leeway. now we are approaching double jeopardy wher

then we have the off-price retailers like tj maxx, ross, burlington, which all reported very strong q1orts. then we have the dollar stores which are also doing really well. so essentially, the department store channel has kind of been unbundled and in the space of all the assortment available, they really don't have that much to offer and instead, consumers are turning to value-based retailers for those different needs. stuart: just real fast, i have to do this, full disclosure, do you own any of the stocks you are mentioning? >> no. i do not. stuart: okay. you, madam, will be back. that's a fact. we like what you've got to say. we like direct -- it really works on television. believe me, it does. thanks very much indeed. appreciate it. >>> check that market. we are opening up in exactly five minutes. we will be down 200 on the dow, down over 1% on the nasdaq. watch out. downside move coming after this. you wouldn't accept an incomplete job from any one else. why accept it from your allergy pills? flonase relieves your worst symptoms including nasal congestion, which most pills don't.