back to walmart. one of the worst days ever for the shares after the retail giant stunning investors with a cut in the profit forecast. we will hear more from ceo doug mr. mcmillon: -- doug macmillan. why john thinks hillary clinton steamrolled over rivals. find out why gm is selling so many cars and trucks even though as we just saw broader retail sellers -- retail sales are stagnating. ♪ good afternoon and welcome back to the bloomberg market day. it is time for the bloomberg business fl,ash stories in the news. facebook is said to be exploring asset trails. the company says it will pull the trigger only if it determines it will help the review process for the company's deal to buy office depot. our warren buffett's -- billionaire warren buffett's saw a plunge,away a one-to decline of more than $370 million. walmart's drop adds to other declines for warren buffett 42015. wells fargo, american express, and several other holdings are down for the year. eirs see a loss as well -- a paper loss. four mem

when they sell walmart, that goes to all the other retailers that walmart is in. so the stock reaction will be swift and it was today. they jump to conclusions that the lower gas prices have not amounted to a hill of beans and of course, because we are one step ahead, because the fed may tighten in the environment, now it frightening to those thinking of the fourth quarter spend in light of walmart's production. what will happen to the consumer if the fed tightens up after the walmart blow-up. but let me give you the more rational mind view of the debacle. i said two minds, i like the second mind. this was a do or die moment for walmart. it was do or die if it wanted to stay relevant. they had to take the projections down because he wants a long-term turn that will be a dramatic turn for investment. not a doyly of lace, this is the whole she-bang. more than he could do if he wanted to maintain the slow bleed of less and less growth and a decent in to the like s sear and gaps of the world. still shocking, but it was necessary. can he do it? oh, this is a tough one,

big deal for place like walmart. profits down in 2017. big deal for walmart.lion trying to get back up to speed on people and technology. essentially we've had analysts on this show saying, look, walmart, bricks and motor going down online sales amazon going up. on the phone with us right now, katherine deck an economist. welcome to the program. >> thank you so much. stuart: if you're an economist i want you to tulsa about walmart as an economic indicator, not the company itself but its position itself in the overall economy. is this a sign we're slowing down? >> well, i don't think so much that it's a sign that the overall economy is slowing down more than it is a reflection of just the incredibly tough environment that walmart has found itself in trying to serve the median consumer where wages are really not growing even though employment is much, much better off. stuart: their announcement today is a function of the squeeze on middle america and the squeeze on poor america as well. that's what's going on. >> there's no doubt. and so when you look at walmart

do you think walmart's weak guisance is a walmart problem or consomer problem.igh in realistic we'll see the -- meantime the let's bring in nbc contributors and i've got a piece up on cnbc.com where i said is the walmart news actually good news? i listed four reasons why it might be. am i an idiot, or do you agree with any of it? >> i actually agree with you. it's good news for the u.s. consumer and not bad news for the u.s. economy. i think that walmart is raising wages. that's got to be good. >> biggest private employer in america getting a raise. talking about operating costs going up. they will be spending a lot of money with a lot of vendors. >> and one thing we haven't said much about, not only are they paying more to people, they are bringing in more people to make this buy online pickup in store work and work better so they are actually investing in head count, not just in wages. that's also a good thing. >> yeah. >> but they are trying to make the business work a lot more efficiently. they are trying to own grocery. they want to own grocery as far as bu

there are incredible kriers built by walmart and i take an issue in that walmart were has competitors that are digital. they have large and when you're competing against amazon and that's just a company that does not want to make a profit. it's really hard to continue to do what it's done. >> scott, let's broaden this out a bit. a new poll shows that eight out of ten people think that we have a long way to go before in recovery. >> there's too much intervention and it's in a wage with numbers. that's what is happening. the government is getting involved in the private business and saying yes the economy is so so and growing, but we can help. as ronald reagan said, the government is the problem here. that's what i am seeing with regards as the government getting involved and take away the free market and provide force in the market in the case of wage hikes and other things that happen in the regulation, that's what is hurting the economy and holding us back from a full recovery. >> i think that you have it totally wrong. the people is that the wages are not low. i am sorry, but you're

walmart is the big mover. shares are down by 8%, the biggest one-day to climb in at least 6.5 years. really steep declines for walmart after saying its earnings share will fall in fiscal 2017. it is an unexpected decline. for a gainre looking in that year. you will hear much more about what was behind this news in a moment. i was looking at my terminal at predictions and you can see analysts had been looking for a for earnings per share in 2017 and this is quite unexpected news. $485 billion of revenue on an analyst -- annual basis. is it -- it does not change the fact it is bringing down sentiment. alix: there is a matter, individually the stock brings down major averages and then there is the fact that brings down half of s&p 500 overall. you can see all the major averagesare lower. we were already going down before the walmart headline came out and took a leg lower. target is sharply lower after the news. hitco, all of them taking a walmart was taking in the headline. also worth than had been anticipated. t

walmart was doing this.hikes at the wrong time. >> we have to go a little bit deeper than this. walmart is an extremely tough competition with amazon. amazon has used its system effectively to challenge walmart right at its core. i think rather than blaming the workers, i think walmart sales strategy is really what is at issue here. neil: what is scary is i agree with you. you may want to change your point of view. [laughter] in this environment, it is at a cost disadvantage. walmart is at a cost disadvantage. it cannot compete the way amazon can operate. now, having said that, can you make the argument that walmart compound it brick and mortar disadvantage by paying a lot more for the workers within its brick-and-mortar establishment. >> not at all. the consumer economy, people will turn around and spend the extra money that they have. >> you lower the price of those goods a little bit more. they cannot afford to do that. >> i do not think that you have walmart employees shopping amazon you'd they will prob

david: we were talking about walmart. biggest one-day fall in walmart if 27 years. was down this watches 1988. melissa: tough day for markets, driven by walmart. we were saying that and comment from the richmond fed president, jeffrey lacker, we'll tell you in fox exclusive what he said. david: he had a lot to do with the market going down. netflix reporting in just moments. the stock expected to move a whopping 14% but it could go in either direction. melissa: what does the democratic debate mean for your market and wallets? presidential candidate lindsey graham is coming up. david: we'll look forward to that. dow is down on second straight session. this time it was a biggie, down 1160 points as closing bell sounds on wall street -- 160 points. $22 pop in gold, perhaps thinking that the fed might be a little more serious, who knows what goes on with gold. we'll get into that and other commodities as well later but, first attention and foremost is on the stocks, all of them down significantly. none more so than the dow. melissa: while markets wait for tomorrow here

. >> walmart's big warning. it took investors by surprise, sank the stock more than 10% and dragged the broader market down with it. >>> $50 billion target. the best performing stock on the dow this year just set an ambitious target for itself. >>> netflix stumbles. there was one thing in the company's earnings report that disappointed investors, and we will tell you what it was. all that and more tonight on "nightly business report" for wednesday, october 14th. >>> good evening, everyone. a stunning admission from walmart. the world's largest retailer by sales shocked the financial markets when it said profit and revenue for the year won't be as strong as it once thought. and according to some, far worse than anyone expected. the reasons include higher wages for employees and big investments in e-commerce. that sent shares plummeting, down 10%, its worst day in 27 years, knocking more than $20 billion off its market cap. the revelation underscores the difficulty that company is having reigniting growth. courtne

currently walmart shares $60.is where we are right now but there's been a broad downgrade of the stock by a number of investment banks. the most bearish of which comes from jeffreys which has taken it's price target for the stock right down to $58 a share. also we had barclays cutting the price target. we had credit suisse downgrading the stocks and not looking good on the day after for walmart today. jim cramer spoke to doug mcmillen that said markets knew it was coming. >> all we did was to qualify the moves to $10. >> it surprised a lot of people. people were shocked frankly. you got to give them that. the stock does not get hit like this. communications? >> we have known for a long time its moving to $10. >> we didn't. >> maybe i should have quantified that in some ways earlier on but it is what it is and the news was going to be new at some point. >> are you buying the stock tomorrow? >> i don't own anything but walmart. >> if i had some cash but everything i have is tied up in walmart. >> maybe there was a m

that is walmart shares.ur lows of the session right now after big news came out an hour ago where walmart said earnings will be down between 6% and 12% in the next 50 deaths fiscal year and also cutting back on capital expenditures, basically spooking the markets on the american saran and walmart, waiting on the indexes. it is now time for the options insight here. julie: we have seen stock pullback more strongly in the joining memart news now from out in chicago, jim, in terms of what we are seeing today, waiting for the earnings season to give a little direction, and yet with walmart -- walmart news, the earnings report is giving it to us, it seems. >> it definitely is. jpmorgan and wells fargo are down today after earning it a big move lower in intel. last week, alcoa had a more dismal report. none of them are looking all that good. we are seeing options volume pick up a little bit. monday was one of the quietest days we have seen all year. one of the things that i have in thes a big block retail if you a

prime is a driver and advantage if walmart were to go to pricing war. >> walmart is going to spend money over the next couple of years to revamp its business. you cover amazon. walmart's got what could be construed as a lot of distribution centers all over the place with its big box format and smaller local neighborhood formats. could it turn its business around to refashion itself to really compete head-on with amazon on the retail side? forget the cloud side. just the retail side? >> yeah. totally understand. i don't cover walmart. we do have a great retail team here. in my view, i think it's tough for a walmart and/or target to be great at both brick-and-morter and e-commerce. it is not in their core dna. while they have to improve on that, you have amazon running so much faster and extending their lead in e-commerce which is a massive lead at this point. i think it's insurmountable lead for walmart and/or target to catch up to amazon. >> we'll let you go. thank you for calling in. appreciate it. >> john blackledge of cowan. $700 price target. do you thing walmart, what it owns and ha

walmart's stock could eventually make sense. but only if macmillan does indeed spend enough to win, which is clearly his intent, because otherwise walmart turns into a dinosaur and its stock suffers the same exact fate as the tyrannosaurus rex. troy in massachusetts? >> caller: thanks for having me on. i was just wondering what you think about under armour. >> it has a history of not necessarily let's say, how do i put this, not necessarily doing exactly what people want when the stock is run up. you want to buy it after it gets hit. if you don't own it now, that's my take on under armor. longer term, they're doing everything right. this has the misfortune of competing against nike, which is also doing everything right. walmart is using a new strategy, it may not make sense now but it may play out if macmillan spends enough to be amazon. much more "mad money" ahead. schlumberger's earnings were hideous. but shares barely budged. i'm revealing why. plus your calls, rapid fire, and stick with cramer. >>> last week i pointed out th

alix, a big story has to be walmart.e wondering, does it spread to the rest of the regional sector, or is it company specific? alix: it's a company specific story, it's not a reflection on the consumer. nonetheless, $20 billion in buybacks is not enough to offset this loss. put it into perspective, look at what happened to the walton family. they lost over $9 billion in one day alone. they obviously control more than half shares. fortune,heir combined near $170 billion in 2014, and now it's lost a lot of its value. >> we are going to say oh, they are doing pretty great, they have $120 billion. but there are many examples -- there are not many examples of many families losing $50 billion. that is a rough year. i would not want to lose $50 billion. alix: with walmart, that doesn't normally happen. next likes coming out with the results. domestic screening results missed estimates. netflix says it's earlier to raise additional capital to pay for content. not only its original content, but also ones it acquires from differen

not to buy clothes at walmart. that's why i think both kroger and target are buys off the walmart fallout. it's not all that bad for the rest of retail. i have played this out over and over again, people. at last i have a theory to bring you. walmart's investment move isn't about beating up on kroger or topping target. it's not about giving people better goods for less. it's about adopting a new investment model. many people i talked to were unhappy that ceo dug macmillan lowered his earnings forecast at 10:00 a.m. in an analyst meeting. but these people don't really get what's going on on here. macmillan wasn't so much cutting earnings as he was laying out a whole new strategy. go listen to what he told us on the show last week. he was surprised that so many people were upset with the strategy and dumped the stock. >> i think it's great that we're giving visibility on what the next three years are going to look like. the real issue is, are we doing the right things to position walmart for the future? are we invest

stuart: if you're an economist i want you to tulsa about walmart as an economic indicator, not the company itself but its position itself in the overall economy. is this a sign we're slowing down? >> well, i don't think so much that it's a sign that the overall economy is slowing down more than it is a reflection of just the incredibly tough environment that walmart has found itself in trying to serve the median consumer where wages are really not growing even though employment is much, much better off. stuart: their announcement today is a function of the squeeze on middle america and the squeeze on poor america as well. that's what's going on. >> there's no doubt. and so when you look at walmart key consumer, there just hasn't been any wage growth to speak of. and at the same time that there hasn't been any wage growth to speak of, all of these other things that you talked about on your show have happened. we've seen change in buying habits, online be such an important place, we've seen walmart suppliers, you know, being in a hard place to give

walmart plunging by most in 15 years. the huge retailer warning after big drop in profits all because it promised to boost wages and it is feeling pain of a stronger dollar. i want to get back to the debate, theme of the evening. class warfare as bernie and hillary clinton try to outdo each other blaming the rich for the country's problems. watch this. >> what democratic socialism is saying it is immoral and wrong that the top .1 of 1% in this country own almost 90%, own almost as much wealth as the bottom 90%. that it is wrong today, in a rigged economy that 57% of all new income is going to the top 1%. >> right now the wealthy pay too little and middle class pays too much. so i have specific recommendations how we're going to close those loopholes, make it clear that the wealthy will have to pay their fair share, and have a series of tax cuts for middle class families. trish: you know, it is all a good talking point, right, when you're trying to pander to the left and trying to buy some votes but let me share with you t

the man tried to leave the walmart with the shopping cart. had had two boxings of boots and flat screen tv worth # hundred dollars. -- $400. when the cashier asked for a receipt, he showed him an old receipt valued at ten dollars. that's when the scene became confrontation. the two were struggle -- struggle over the tv when the perpetrator reached for a knife. >> the perpetrator pulled a knife from his pocket a folding knife, he unfolded it and lunged toward the cashier and attempted to stab him in the chest. >> reporter: the cashier blocked the stabbing in the right forearm. he got slashed in the right arm. he left the boots behind and police dusted the boxes for from time to time. the suspect entered a gray or light-color vehicle with a hatch back. a customer chased him on foot, but the suspect got away. there are clear pictures of him in surveillance footage on the inside and outside of the store. police hope someone recognizes him and calls police. >>> just into "action news" a young man was murdered on the streets of allentown. list were

i think they are taking walmart shoppers. membership. unlike walmart's they do have sam's club. in addition to the ever-changing delivering products to your amazon nemesis, however there's one thing walmart has in its favor it is odd it gave you a gigantic multi year guide down allowing them to do something bold, boulder than anyone. but can they be bold enough? will they be? not with the current offerings and plans? what do they need to do? they have to try something very gutsy. you can slice your phone bill by striking a deal with t mobile, you could offer free internet provide they had spend $100 on walmart.com or $50 in the store on selected items. you could offer something at a well below cost, yes the blue light special, except make it so it is only available with a walmart charge card. or you go to starbucks and tell ceo to give the coffee away to anyone with the walmart credit card. that's why i didn't want him to commit to the $20 million buy back. it would be better use than to try to prop up the unpropable. bottom line, it's going to be a target, amazon christmas, the

a lot of that coming from walmart. 44 points from walmart's deline alone. you can see this morning there's a bit of a bounce back. dow futures are up by 107 points, s&p futures up by 12 and the nasdaq up by 28. >> a couple of big stories we're watching. first data priegs it's ipo at $16 a share last night. here's the bad news, that's below the 18 to $20 expected range. selling 160 million shares to raise $2.6 billion in total. it is the year's largest public offering but albertson was expected to be the year's second biggest ipo but the super market chain decided to delay it's pricing due to market volatility. also it could be that the market is now -- that window is closing. mobile payments company square officially filed for its ipo saying it plans to list on the nyse under the ticker sq. the news comes just a week after square qceo was named ceo of twitter. it reported a net loss in the first half of this year. united health out with quarterly numbers. it beat estimates by 1 cent with earnings of $1.65 a share. revenue was also above forecast. >> breakin

>> if i had some cash but everything i've got is tied up in walmart. >> 1.2 billion for walmart. 1.7 billion next year. that was walmart's ceo speaking to jim cramer on "mad money." the earnings extravaganza continues state side today. goldman sachs and citi should be the headliners. still to come, is the euro a threat to peace and democracy. why one economist seems to think so, after this short break. [ male announcer ] some come here to build something smarter. ♪ some come here to build something stronger. others come to build something faster... something safer... something greener. something the whole world can share. people come to boeing to do many different things. but it's always about the very thing we do best. ♪ >>> quite a bit of action in the euro dollar exchange rate this morning. euro falling to a session low after the ecb governing council member says further action is required for the central bank to meet it's inflation target. he is also the president of the national bank of austria said an additional set of instruments is necessary and these should include structura

walmart business has to change something. you said there might be some customers open to spending more for product to compensate for this. that apparently that is not the case. >> i think you're missing apples and oranges here. i think the reason walmart is having sluggish workers coming in the door is because they have a reputation of treating workers like crap. >> money doesn't come out of nowhere. >> richard, money doesn't come out of nowhere. all retailer felt this today. maybe he or she is less inclined. >> the american consumers are making less money. >> wait a minute. if they're less inclined to spend then all of these retailers -- if walmart is any indication, they do not. >> here's the thing, neal. i'll say this over and over again. consumer case want to spend. they want to be part of the economy. the sad part is the jobs aren't there and when the jobs aren't there, the wages aren't there. walmart is raising the wages of good things. >> you're saying they're pathetic jobs. >> they're not pathetic jobs. they're not sp

julie: let's check with walmart. steep decline after coming out with the forecast, disappointed investors it looks like the biggest drop in 17 years. it has a ripple effect. at target, we are seeing declines today as well even though some analysts are saying these are walmart specific issues at least in part. some of the other discount and consumer staples retailers like costco and dollar tree and dollar general have been falling today although i did see, i know charles grahn, saying you should actually look at buying these stocks today on this particular weakness. a check on the averages. a bit of a mixed picture. on thetocks are falling s&p for every two that are rising. >> thank you. we will have more from doug, the ceo of walmart, in a minute. ♪ david: this is the bloomberg markets day. let's get to the headlines. mark crumpton has the news. the european union is taking members to task, saying they failed to produce promised funds to address the continent's refugee crisis. havethree of 28 nations pledged a total

amazon wants to do to walmart what walmart did to sears. walmart just doesn't have good management.ent. charles: that is called creative destruction. if you think you're frustrated now, watch how much money amazon makes with a fraction of workers walmart has. i agree. look at charts of both companies. one is succeeding one isn't. before i let you go, isn't it the government's place, is it government's place to dictate how much companies pay their workers? >> yes. in surplus labor situation, you can imagine why there is surplus labor situation, corporations can deny people who work full time the opportunity to live a decent life. you should not be poor if you work full time in america. charles: ralph nader, leave it there. thank you very much. really appreciate it. >> okay, charles. charles: thanks a lot. man, that was fast. feds could be looking to regulate fantasy sports but are they crossing the line? all rise. judge andrew napolitano is next. at ally bank no branches equals great rates. it's a fact. kind of like playing the boss equals the boss wins. wow! is it keeps the food out

but walmart's problems may be good news for you.ere's abc's rebecca jarvis. >> reporter: bad news for investors could be the ultimate gift to shoppers this holiday season. walmart stock hit again today after wiping out $21 billion in value earlier this week. the world's largest retailer facing cut throat competition from online giant amazon. and that means even deeper discounts this christmas. >> they've had to be very aggressive on price. they've had to focus on making sure that they're priced the same as amazon. >> reporter: and it's not just walmart. across the board, retailers are competing on price. as soon as one cuts prices, everyone else follows. many already offering everything from layaway to price matches to friends and family discounts. experts even predicting 30% to 40% discounts will soon be standard fare. >> as we get closer to the holiday and certainly after christmas, they'll be 40%, 50% off. rebecca jarvis, abc news, new york. >> a lot of people say it's they're down because walmart is the investing in the future b

walmart lost that.ou go to the website it is clunky and doesn't have the customer service amazon does. amazon, highly automated and huge employer. e-commerce, wage increases. they're fighting against the stigma, big walmart came in and took our jobs. there has been sort after transition from buying locally, buying providers in your area and staying away from walmarts. they have a lot of changes to do. the executives said they're a growth company. they're a company in change right now, in transition. i would be really careful owning the stock from an investment perspective. deirdre: to your point they're definitely facing margin compression behind the two-year forecast warning. also facing more competition with gas and food. gary kaltbaum, thank you very much and jared levy. happy to have you here. >>> another stock alert to tell you about. netflix plunging after a huge miss. our next guest says your subscription could go even higher now. last night hillary clinton saying democrats do a better job with t

so it's going to be walmart. amazon, it's going to be target.r that of course is because they've got stiff competition as matt lauer said this morning, coming from the ju jungle. the trouble is they've got this big infrastructure at walmart. they've got 5,000 stores across the country. they've got all these employees they've got to pay. more than a million. >> no amazon stores. >> a lot of retail, a lot of warehouse space. so, as a result, amazon's fixed prices, their fixed costs are a lot lower, so this is going to be a very difficult knife fight between walmart and amazon and anybody else. any other big name retailer who wants to survive. you can name the biggest that come to mind, there are some concern, there are a a new out there that may not survive in the near term. >> the bottom line is we're the beneficiaries. >> you're right. if you're going shopping, the chances are that prices are going to be very competitive this year, so in this case, you might benefit by waiting a little bit. waiting a few months. it's unlikely you'll see them sud

. >> surveillance pictures show the man who police say stabbed a walmart employee and took off with a tv. >> a woman suing bill cosby of rape is now suing the comedian. >> reporter: let's go over to david murphy and get weather and traffic. good morning. . it's a chilly morning this morning and getting kind of cool this afternoon considering that the breezes will be higher than yesterday. we have a sprinkle and our west of philadelphia. later this morning it is possible that areas north of philadelphia pick up that. that looks to be the area that would be mainly affected. it's not going to be hard-hitting or long-lasting. >> reporter: 58 in millville. 433 in allentown. 49 in trenton. 62 in sea isle city the winds not that bad at 7 miles per hour. once we get past sunrise we'll see the winds pop up. they are in the double digits in dover and cape may. 53 degrees by 6:00 a.m., 53 by 8:00 a.m. partly cloudy and chilly conditions this morning. as we roll through the day, temperature-wise it's not going to be that bad. 62 by noon, 66 by 3:00 p.m. high around 67 degrees i could see that hap

problem are specific to walmart.nk you have seen our economy do well, 80s and 90s with a strong dollar, i am confident that excuses by management on missing because of weak currency are getting old. >> thank you so much for joining us. liz: closing bell, we're 17 minutes away, the treasury said it time too put a woman on a $10 bill, but what happens to the much loved alexander hamilton? should he say or go? dagen mcdowell, defending the man who died in a due il duel nn the count down. m. active management can tap global insights. active management can take calculated risks. active management can seek to outperform. because active investment management isn't reactive. it's active. that's the power of active management. choose, choose, choose. but at bedtime? ...why settle for this? enter sleep number. don't miss the columbus day sale. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! only at a slee

walmart facing competition from target and amazon. walmart investing to catch up online. walmart's bad news following a weak sales report of target and kohl's and sears. >> amazon is a force to be reckoned with. >> walmart is down this year. amazon up. >> walmart trying to play catch up. >>> new information this morning on loeamar odom's condition. khloe kardashian's husband. we will hear from the brothel where elapsed. oh, good, because he goes through data like crazy. oh! there's my boy... he goes through data like crazy? yeah, yeah. data, streaming, texting, emailing, loves watching football games. oh yeah? who's your favorite team? he texts, he doesn't talk. that would be weird. get an iphone at at&t and get 50% more data. and right now get $300 credit for every line you switch. 40% of the streetlights in detroit, change. at one point, did not work.seo we wanted to restore our lighting system in the city. you can have the greatest dreams in the world, but unless you can finance those dreams, it doesn't happen. at the time that the bankruptcy filing was done, the publi

it's not going treat walmart the same way. i sympathize with walmart.uld be killed. >> walmart has problems. i wonder if we see it too much from a northeast standpoint. walmart is still throwing off $80 billion of cash over the next three years. still has 12,000 stores worldwide. still has a dividend of 3.3%. those are powerful metrics. i understand they are under pressure. i under the marginal story is where your. still a very big, very strong business. >> it has a lot of strength. what walmart said to me is it's not fair to take poor kind of upscale items delivered to manhattan and say that's the whole picture. >> you're not a blue collar worker in the midwest that would like to go walmart on saturday morning. >> i am from the midwest. >> your tastes have changed. what walmart is betting on and betting big is that they can still use, physical in store net network create a hybrid internet in store experience which is what consumers want. that's their bet. they got 4,500 stores. they have a store within five miles of 70% of the u.s. population. the ques

walmart employees. >> what? >> hey, hey! [ yelling ] >> no specific information as to what kicked off this brawl. but they're going at it. one woman on top of the other woman with the bright red hair, swinging. other employees, other customers, everybody trying to get in and break this fight up. that's the beauty of walmart, you never know what you're going to get when you walk in, but it's always a show. the fight only lasts for about 20 seconds. it takes a while to pull people off and figure out who is hurt, if anybody. wom one woman on the floor appears to be hurt, briefly. but at the end of all of this it looks like both ladies are back on their feet and separated, thankfully. no serious injuries reported. police were called to the scene but they really didn't get involved. walmart employees asked police if they could handle it. walmart confirmed that the two employees have been suspended without pay while they do their own internal investigation. >> walmart never lets me down. >>> we've all seen pictures on

melissa: shares of netflix and walmart getting hit hard today.ive you the recap what went wrong today. that is coming up. y's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. it's more than a nit's reliable uptime. and multi-layered security. it's how you stay connected to each other and to your customers. with centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and hosting services - all with dedicated, responsive support. with centurylink as your trusted technology partner, you're free to focus on growing your business. centurylink. your link to what's next. hi. hi. hello. hi. hi. hi. hi my name's josh. kelly. my name is raph. steve. my name is anne. tom. brian. krystal. and i am definitely not a robot. i'm one of the real live attorneys y

police say a suspect stabbed a walmart worker and stole a television from a walmart in northeast philadelphia. coming up a look at the latest surveillance video, photo of that suspect. rl scout meeting.. ok! for the soccer team... for the girl scout meeting... how many meetings are you having?! giant just dropped prices on thousands more items. which makes the checkout lane, victory lane. my giant. they recently rated their care experience at over 3,500 hospitals nationwide in a survey conducted for the centers for medicare and medicaid services. fewer than 10% received 5 stars. among them was cancer treatment centers of america in philadelphia. learn more at cancercenter.com/eastern. cancer treatment centers of america. care that never quits. appointments available now. fighting to save atlantic county. chris brown's attacks? the press calls them "embarrassing" political "posturing." the truth? chris brown and will pauls opposed the atlantic city rescue plan, even though it would save thousands of our jobs. we already know they're propped up by north jersey casino interests. and pauls even w

i hesitate to say walmart.rday it tanked and cheaper than it was yesterday and day before. >> bear in mind what you said about t-bills. this is institutional issue. liquidity buffers institutional investors are required to v you can look at many institutions can't hold stacks of green paper. this is substantial issue while the federal funds rate is zero. this is not something many individual investors go after. liz: okay, then when we talk about treasurys though, is that your recommendation? that money is better placed somewhere else than zero percent treasurys? >> we're neutral weight on treasurys, 10-year, 30-year. these are among the highest yields investors anywhere in the world can find. it is not appealing as a stand-alone asset. if you look back to the 10% correction we had in october for example, of last year, you had a 10% return in 30-year debt over same period. it is a risk hedge. it has value in a portfolio. we're otherwise underweight in most debt in the world and generally overweight equities. liz

sean: now on daybreak, a brazen theft at the walmart in hudson. it appears that at least one person targeted an elderly woman and has experience at this type of crime. manchester police are investigating a shooting that ended with one person in the hospital, but they expect to make an arrest very soon. kevin: more bright sunshine out there today, even after a colder start. we will talk about the next system ahead. >> as long as you both shall live... sean: finding the perfect wedding venue is really important and that also included some spooky costumes for one couple last night. >> no one covers new hampshire like we do. now, wmur news 9 daybreak. sean: yes, that wedding happened just down the road. we are going to talk about that great story. thanks for waking up with us. i' m sean mcdonald. it is a very cold start to our day. we are in the middle of a couple of beautiful fall days. kevin: yes, we are in the middle of it before the clouds race in. evening and tomorrow night, it is clear skies with temperatures s. 20' s to lower 30' s elsewhere. i

walmart. why police are calling it an arson. >> and why an aunt is suing her 12-year-old nephew for thousands of dollars. >> we are following breaking news first here at 5:30. a gas main has exploded in medicinefield. medfield. >> susan tran is near the scene and joins us on the phone with more of the breaking details. susan, what you can tell us? >> crews are working on the gas line right now. they've turned everything off. at this point the flames shot up in the air melting the fire lines up above. what neighbors are telling me is that at some point this afternoon they could actually see the ground kind of shift and huge ball of flame that'll went so high, 33 feet up into the air and just roaring. constantly roared as it was being fed by the ghast that line and they said that there were people that were knocking on doors up and down a south street right here urging everyone in the homes to leave immediately because the gas main actually feeds the lines that go into the homes and they didn't

a walmart worker is stabbed on the job. we're live on the scene coming up. >> there are new clues now in the murder of a local doctor, police suspect a former patient obsessed with her killed her. and now they may know why. >> and we're in store for a sunny but breezy day today. temperatures in the 60s. so, what's happening this weekend? the answer just ahead in your nbc 10 first alert forecast. good morning. welcome to "nbc 10 news today." i'm lauren mayk. >> i'm chris cato. what's happening this weekend you're going to say where did i put my big coat? >> cold out. >> and a big bed spread for the bed. meteorologist bill henley is here with his morning forecast. it's not too bad this morning. >> you can repurpose that blanket during the day, chris. you need it over the weekend. there is a cold front on the way and will bring us cold for the weekend. it's producing some fast-moving showers this morning. a line of showers from the pocono mountains to the lehigh valley and the western suburbs. these are really moving at nearly