Were pretty active in the investment committee. Amy raskin, i start with you. You sold nike. Yep. Seems to me from the notes here you had it. We trimmed half our position, we spoke about a couple months ago, but were done. The company is just not executing as well as it should. The brand is still great. We could come back to it at some point, but theyre not executing right now. China is a risk for them, and, so, were out of the position. The stock is down 14 year to date, down more than 20 over a year. They certainly have had what i think people would suggest is an innovation slowdown. Yep. The company sort of acknowledged that. They blamed remote work. Which was terrible. For that. Their competitors somehow figured it out. Hoka, on, new balance can you sort of go down the list lulu are rising competitors. Theyre all sort of part of the sell pie . All part of the sell pie. I really did not like the explanation we couldnt innovate over zoom. Everybody else sort of figured it out. They j
Youre an easy crowd. On behalf of the board and the whole march for life team i would like to welcome you to the 45th annual march for life. [ cheers and applause ] you are part of the largest annual human rights demonstration in the world. We will begin just as we should. I will welcome to the stage to lead us in the pledge of allegiance. He is from the knights of columbus of Catholic University of america. I pledge allegiance to the flag of the United States of america and to the republic for which it stands one nation under god indivisible with liberty and justice for all. [ cheers and applause ] thank you very much. Now im absolutely delighted to introduce you to mckenna donahue, a ninth Grade Student who travelled from buzzards bay, massachusetts. She going to lead us in the national anthem. O say, can you see by the dawns early light what so proudly we hailed at the twilights last gleaming whose broad stripes and bright stars through the perilous fight oer the ramparts we watched
Are here. This has been a great morning. You heard from the boss here and hes all in and this is a joint venture. We have a great panel here so i want to keep moving. What i heard the president say was a lot of focus on what i call the two ps, promoting access in the retirement space and the president has been taking action on that. He directed us to take more action to help facilitate that. The Treasury Department has already taken action on that and the my ra space is dana grady here by the way . Oh, youre way in the back. She is a Small Business owner who encouraged her employees to participate to help strengthen their retirement securities so she has a lot of participants. Thank you for being a great spokesperson for this. I appreciate your help and im glad that its working. Were going to talk more about Financial Security today and we have a fantastic panel of folks that are going to be talking and giving their views. We have a number of questions and i got a few questions on twit
Lawmakers just finish their second day work on the House Republican tax reform plan. This markup is expected to continue through thursday. Live coverage resume son cspan three or cspan. Org or listen on the cspan radio at. We will show you the first part of todays market. [inaudible] [inaudible] [inaudible] [inaudible] [inaudible] the committee will come to order. Yesterday evening we left after the adoption of the brady amendment. It is my intention to have votes today pursuant to committee will 19. Where i postpone votes with the addition of world series announced is necessary. Either any further amendments to the amendment in the nature of the substitute . Mr. Chairman . For a purpose to seek recognition . Reporter personal privilege. Yes, sir. Yesterday we had an Interesting Exchange about the impact of the past are provisions and whether some of the owners who use this to take advantage of deductions that are not be liable to others, is the famous basketball coach example. Mr. Bur
In brussels today. Manus talk strategy with the of adidas and xina xinas. Anna a warm welcome, this is bloomberg daybreak europe. From here in the city of london, im anna edwards. Manus the promise you a fees from germany in terms of how they are performing. Numbers coming through targeting 2018 for 70, excluding charges. Theyre proposing to raise their euros to the. 10 expectation which had been 380. Estimate of 2. 40 5 billion that we had penciled in a head of these numbers. That looks to be a little bit the industrial business profits. Missing estimates on power and gas slumping. Looking for any clues to how the power and gas division is doing. We heard about the wind power division, weve been reporting about how other jobs are going to go in germany or predominantly in germany around other parts of the business but siemens missing estimates on power and asked. We will speak about those matters and the ipo to help business to the ceo who will at 6 30 london time. Manus commerzbank a