that makes me look at tjx. tjx held up fairly well throughout this whole market turmoil. it is trading at 19 times forward earnings. not the cheapest thing out there. if you get weakness in tjx, that might be something you want to buy. >> netflix is doing something the bears said it would not do. it could make the stock a screaming buy. supersized gains, while yum! brands is taking other fast food giants are heating up. tasty returns to your portfolio. >> several of the most high profile names going public trading below their ipo prices. any value in the wreckage? could this signal a more troubling sign for the market? good. very good. you see something moving off the shelves and your first thought is to investigate the company. you are type e*. yes, investment opportunities can be anywhere... or not. but you know the difference. e*trade's bar code scanner. shorten the distance between intuition and action. e*trade opportunity is everywhere. can a a subconscious. mind? a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spir

. >> you mentioned tjx.he board intends to elect ernie herman as chief executive. >> i have clothes on right now that i bought at tjx. i am a constant user of their product. and home goods? you can't see it? that's the point. i mean, i could show you during the break. >> maybe not. >> maybe that's too much information. >> my morning is getting more exciting by the moment. >> wow. f, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place that lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim? for all the confidence you need. td ameritrade. you got this. >>> like i've been telling you all night in this special ipo show, now that the market seems to have snapped out of its recent if you thifunk, we're se after wave of ipos. companies being sold by private equity firms are on my agenda. i explaine

tjx has announced that carol my tjx has announced that carol myer witz will leave her post on january 31. she has been ceo of the framingham company that runs marshals, t.j. maxx and home goods. she will stay for three years as an executive board member. herman will be the company's next ceo. >>> this morning the state's largest technology firm is in talks with de ll computers about the mergers. according to the ""wall street journal"" a merger will help struggling emc a struggling storage data company. their future have been uncertain with a shift from traditional storage to cloud storage. emc employees -- employs nearly 10,000 people. the "globe" reports that a merger should concern more than 9,000 people in massachusetts who work for the company as it could bring layoffs. >>> it is of 6:41 right now. he needs help losing weight, but a rhode island man said the hospital kicked him out. at 7:00, the phone call he made that has now put his life in >>> plus a teenager smacks a picture of a wild straininger a the town. what he did without thinking to help with this fantastic shot. >>> i

talked about tjx.is such a good company. >> yes. >> it has all the momentum, but it shows you consolidation in beer, if molson coors gets it. if you are altria -- >> if ab inbev prevails, many divestitures will have to take place, including molson coors and sabmiller were sabmiller would sell back to molson coors. >> i the justice department, i wonder if they know ipa is a beer? ipa tastes like a bread. >> does? >> yeah. a little cornmeal. i like beer, as beer should be. corona. >> we have a lot more, not just on beer but other stocks and other things to watch on "squawk on the street" after this. [announcer] you're on the right track to save big during sleep train's triple choice sale. for a limited time, you can choose up to 48 months interest-free financing on a huge selection of tempur-pedic models. or choose to save $300 on beautyrest and posturepedic mattress sets. you can even choose $300 in free gifts with sleep train's most popular stearns & foster mattresses. the triple choice sale ends soon

tjx has announced that carroll myerwitz will leave her post on january 31. framingham company that runs marshal's, tj marx and home goodz since 2007. she will stay with the company for three years as an executive board member. there will be a next ceo. >>> calloway labs shut down for unforseen circumstances. the company agreed to adds 20 million settlement with the state for medicaid ft. lauderdale. they are accused of running an elaborate scheme with sham companies, fake doctors' signatures and excessive uri ne testing for drug addicts. >>> japanese retailer unique glow will open its flagship store in quincy market. the company plans to hire several hundred full and part several hundred full and part-time worker for its u.s. expansion. the two-level store at faneuil hall will have clothes that aren't available at legacy place in dedham and the north shore mall. julie, are you going to check it out. >> those jackets are very warm especially for the upcoming winter. so i am going to check it out. >>michael: good tip. >>> check out the roads starting with the zakim bridge where things are

four owe retailer that is are taking it on the chin, like costco, tjx, time to take advantage of those opportunities. what wal-mart is really talking about going forward is the spending part of the equation, the investment part of the equation. i don't know if i believe the longer term goals, but this is not a warning necessarily that the bottom has fallen out for holiday. >> stacy, they're saying that cap x -- or capital jechinvestm as they call it, will be $11 billion and flat in 18 and 19. that's below their forecast for the previous two fiscal years. >> it is, kayla, and certainly the cap x is coming down, and why is that? it's because they're opening less stores, which is a good thing. this is what we want. this is what we need. i have said before retail needs to go on a diet. that is a welcome piece of news. on the flip side of that, obviously, there is spending that needs to take place on technology, on improving the stores, and most important, getting their e-commerce competitive, which they have really fallen behind and neglected that part of the business. >> and jeff lewis, w

you have companies like nike and lulu and tjx taking share from the department stores and then i thinkill growth remaining in the dollar stores. we like dollar general, and that's -- >> you don't -- i mean, i know you like under armor, but you don't love it. you don't love it here. you like nike where i. you like this trend. why not? >> i actually think the whole sector sets up well. >> you have a neutral on it. >> i think 60 times 2017 earnings for under armor. you know, we don't normally let valuation run with our rating. >> they talked about slowing their smaller store growth format, which would be a positive for the dollar stores. they also talked about price investment taking place until 2017. our checks out in the field is that it's one of the most rationale low-end bases that we've seen competitively in years. the low income customer has an increase in their paychecks coming. it's hitting now into the next two years. have you gas prices at historical lows. i think it sets up pretty well. >> you must be surprised, though, that at least the numbers would suggest retail and others

tjx board member will be the next ceo. >>> u.s. household are expected according to the "herald" the department of energy says this is thanks to a combination of lower energy prices and a forecast for warmer weather. people who use oil are propane to keep their homes will save the most. this is good news for you in england where most homes rely on heating oil. >>> and a new survey reveals a worker. it says that 49% of all americans have no money in their savings account. of the 5,000 people asked, 62% this less than $1,000 saved. only 14% had more than $10,000. analysts say people don't have enough cash on hand to cover emergencies. >>> it is now 5:17. good thursday morning. let's begin with the pike where you can see things moving along nicely from framingham through the weston tolls into the alston-brighton area. 93 south looks good. a live look at the zakim bridge where you can see volume is still very manageable. live drive times. 9 minutes on the expressway from the braintree split to the pike. 19 minutes on 93 south from 495

tjx down 1.5%. kohl's is down 1.5%. but it's spread way beyond that.nt into groups that don't have a lot of relationship here. home depot dropped 1%. we even had luxury stocks. people kept e-mailing, what the heck is going on, just because wal-mart's paying people more money, affecting their earnings. why is everything dropping? ben willis was talking about the etf effect. i think he's on to something. put up this etf. this is the primary vehicle that people used to own retail stocks that trade etfs. they're equal weighted. 1% apiece. people have come in and sold the daylights out of it. i think the key point is that put a lot of pressure on the underlying stocks, because the market makers had to turn around and sell, redeem some of these shares in these stocks. i think that put some pressure on a lot of these other stocks. back to you. >> i'm here on the floor with matt. have they overdone this selling today? >> probably not. i would have thought it would have been worse. economic news out of china, that was really soft. that set the tone for overseas

within the last 24 hours four retail ceo changes were announced including highly regarded tjx ceo whoo executive chairman and the president who will take over. tilley ceo daniel grease mere and edwin thomas is coming back, plus the ceo at ann inc., tommy ba ham ma brand and ralph lauren, don't forget american eagle and abercrombie they are going on years without permanent ceo. we're seeing less responsible successions in retail because of how challenging the business and industry is right now. many big established retail boards are letting ceos sit for too long making the success process messier plus retail boards new retooling. craig riley says the optimal skill set is actually in pretty short supply because of how fast retail is changing. the ideal candidates are visionaries with incredible flexibility. merchandising and operational expertise are no longer enough. they're very hard to find right now. >> brian. >> we want to continue this retail discussion so let's bring in cnbc's retail analyst stacey. your take on all the nice nois that courtney is bringing us. >> yes. there has be

citigroup out with new coverage of the retail sector making lululemon, tjx, tiffany and urban outfittersopics. and pandora shares taking a hit. the music service is near a deal to buy ticketing agency ticket fly for about $450 million in cash and stock. despite today's drop pandora's shares are up 15% this year. >> thank you very much. let's look at the home builders. we mentioned them a moment ago. the sector up 8% this year. that's nice. will housing's run continue? institutional investor is out with his latest list of top analysts and steven east from evercore isi was named. congratulations on that honor. >> thank you, i appreciate it. we have a great team. >> let's talk a little bit broadly about the home builders. you like them, they're up this year. do you think the run can continue? >> i think it will continue, tyler. you just look at what's going on with the demographics and the job growth we're finally seeing in the household formation coming after it. while we may not be at an optimal level today or growing at the rate we need to, i think it's a long cycle, and i think we could

than 5%, but this week in the last few days with coleman leaving dupont and yesterday with the ceo of tjxmarshalls, she's stepping up from ceo to chairman. there's going to be 2 1 ceos. that's pathetic. >> they were in the top 11 of the listings. >> they were. >> what's going on? what happened? how do you explain this? >> well, i mean, i've been saying for a long time that women and men define power very differently. women think about power horizontally, less interested in climbing the ladder, and they drop out. anne marie slaughter's book "unfinished business" talks about this. women graduate from college and graduate schools at higher rates than men, outperforming men, but at some point, those fantastic numbers start widdling away, and it's because women are making different choices for balance reasons, for, yes, despite what carly fiorina says, the first most powerful woman on our list back in 1998 when she said, there's no glass ceiling. there's still glass ceilings out there. >> who is number one this time? gm's mary barra? >> yes, she's number one. talk about a woman who has had a d