i'd rather see macy's and apparel taking a more conservative approach and the underpromise, underdeliver becomes the case as opposed to missing estimates here and the macy's executives detail initiatives that are in place to drive sales this holiday season including exclusive merchandise, a buy online pickup in store option and upgraded mobile and web platforms. and while gas prices are expected to keep falling, macy's chief financial officer isn't counting on it to help sales. telling analysts on the conference call that consumers are spending those extra disp not necessarily at the department stores. she also said that macy' isn't counting on help from the economy this season but every little bit will help. >>> still ahead, xerox business goes way beyond printers and copiers and ursula burns explains why the path to profits depends on the health of the global economy. an interview from the c-suite coming up. >>> an update on a story we told you about last night. regulators in the u.s. and europe have fined six of the world's biggest banks a total of $4.4 billion for rigging foreign exc

but the question is, is mario draghi overpromising and underdelivering?ed. >> european markets going up in the equities space. but if we needed confirmation for what's driving that, let's have a look at bonds. we have also seen a bit of yield compression. there is a bit of bearishness out there. 0.78%. we're having a bit of risk off coming through in the general sentiment in the bond market. but, of course, as we just showed you, equity markets going up, that's on the possibility of more action from the ecb. in draghi saying he stands ready to take on unconventional measures if necessary. you're saying there, seema, is he overpromising and -- >> we've seen this story before. we have these reassuring comments. the market rallies. but this economic data shows us europe is still dealing with economic malaise. >> i agree. but i think that is his genius. he continues to reassure the market doing just enough to keep things ticking along and giving more time for these targeted individual measures like the talk shows, like the covered bonds and purchases that we'

it's "underpromise and overdeliver," and in this case, we overpromised and underdelivered.ry. i'm still gonna move forward with this deal, 'cause i know that my money is safe with this company, and i know we're gonna be wildly profitable. i guess the disappointing factor is, it's gonna take me a little longer to make a return on my investment. look, this is business. >> [clears throat] >> your numbers weren't right. i need to know for sure that this is never gonna happen again. >> it is never gonna happen again. >> okay? >> yes. >> all right. >> so i'm real excited for you to see the inside. we got a lot done. i know you were worried about the $40,000 to clean the place up. >> for the cleanup. $40,000 to clean up garbage? >> did you see it? >> [bleep], i'd have come done it myself. >> there was a lot to clean up, and believe me, you wouldn't have. >> michael, you did a great job getting this place cleaned up. >> thank you. >> i mean, you move as fast as i do. >> it happened quick. >> it's a great shell. >> it's a beautiful building. it really is. it just needs a little poli