Everybody for the most part on this desk has been cautious on the name, including you. Do you buy it today on this fallback . Im really interested in it, but i have not bought it yet. I have to see what i think is most important is the longterm, and i think kevin plank, thats exactly what his vision is right now. He is looking at the longterm and when i say that, he has talked about this for a very long period of time. He wants footwear, and he wants international. As of right now, thats where you are seeing growth. When you look at the international growth, its absolutely off the charts. You look at the footwear, off the charts. Are the problem is that still is a very small segment of what our under armor is. International is ahead of plan. Footwear growth, ahead of plan. North america slipping. If plank is for the longterm, how come you guys dont view it as an opportunity for the longterm . He accurately points out that it is not about the high margin business of apparel. It is about
Today. Road map begins with apple. Shares falling after that first revenue decline for a year since 2001, but its cash hoard swells to a new record. Cocacolas poised to open higher, this after a quarterly beat. North america showed signs of strength, and that did offset sales weakness abroad. And shares of chipotle and panera going in opposite directions, both reporting earnings. Were going to break down those numbers. But first, apple shares falling. Quarterly earnings did beat consensus but profit and rove knew fell for third consecutive quarter as apple sold fewer iphones than a year ago. Apple is banking on iphone 7 to boost holiday quarter. And on last nights Conference Call tim cook talked about prospects for growth in china. Its very hard to gauge demand, as you know, when youre selling everything youre making. And so well find out more through the quarter, but were confident enough to give you guys guidance that were returning to growth this quarter, which obviously feels very
We will see whether Hillary Clinton can close that gap or not in what now is coming up on less than two weeks. Here we are. We should say ivanka trump was here yesterday campaigning hard. Its an interesting place to be, in part because this really is all about the president ial election. This is not a down ballot state. Thats not the topic of conversation. We have a number of big guests on the show that will talk about all of this today, including the senator, senator purdue, a number of students, journalists that will join us in a bit. We wanted to get our pulse own whats going on around the country. Here we are. Georgia is a special place for me, too, as you know. The great thing about squawking the vote, i know youre going down there to get a feel for how you can help us understand more about the election, for me, when you go to ohio, my homestate or when you go to georgia, i just the education that youre getting about the heartland, i think your eyes look wide open down there. I th
I didnt think about it with the tie. Do you have an orange tie . I do own an orange tie. But you never wear it. I never wear it. Are those pumpkins from last year . No. Those are not. Okay. Can you imagine we had things made exactly like us. I have pictures of those. Those arent actually us, are they, andrew . Remember in the past our face has been on them. Our face has been on them. But not these. I apologize, we are going to talk about the markets. We have breaking news the tell you about, we talked about it a little on friday, but now its official. General electric and baker hughes are merging their operations. Now there was a lot of conversation about whether ge was effectively going to be selling its business. We talked about whether this was all happening at the wrong time. This is now what is happening. They are merging the oil and gas operations into a new company that both companies will effectively own. They are looking to get 1. 6 billion in synergies annually out of this tr
Steady, moderate losses in europe this morning. And Consumer Spending rises to the fastest in three months. Road map begins with ge confirming the deal to combine oil and gas business with baker hughes to create a new entity. Well speak with the ceos in an exclusive interview. Weve got a deal in the telecommunications industry. Centurylink to buy level3, totals a new record month for u. S. M a announcements. And the latest controversy over Hillary Clintons emails as the polls tighten just eight days ahead of the election. Well get you all the market impact. First up in that deal to create what both Companies Call a new baker hughes, ge will contribute 7. 4 billion to fund a 17. 50 per share special dividend for baker hughes shareholders. Ge will own about 62. 5 of the combined company. As we said, next hour an exclusive with jeff immelt, chairman and ceo of ge, and the ceo of germanwin oil and gas, i craighead. You said it would be the ultimate buy high, sell low. Thats not the case he