with joe sears, it's a big waiting -- it's a waiting game. only joe series knows if he can make it there or not. >> but sears' old reputation precedes him and not everybody is happy about the move. >> i personally have never had any problems with him. but i am concerned having him in my pod, in my unit. i've heard and i've seen other things that he's done to other officers, just verbally abusing them and just throwing items from his food port. >> they have some machine weights there. you get to go out with a few guys you live with in your unit. like a group. you get an hour tier time, i hear, to play games, cards or just conversate with someone there. >> so they can actually recreate and congregate with other inmates. if you visit at level 5, level 5 is much more of a quiet unit and they become much calmer. they become much more cooperative. they become much more willing to comply with the level system. >> lean forward. you're leaning back too far. there you go. all right. like part of the family. >> why is that? >> well, we've known each oth

he took photos of empty sears shelfs. he says sears has gone from a sick patient to one who is now in critical condition. we, of course, invited sears executives to come on, they declined, so i'm going to fight brian. there's some good things about the all-american brand. we're digging, we're mining for those, we're going to fight it out in just a minute. but investors and traders really believe this bad jobs number, if they did, shouldn't the markets be down more than they are? let's take you to the floor show, nicole petallides in the thick of it at the new york stock exchange, our commodities expert, sandra smith, here in new york today, and, of course, our floor show traders, ted weisberg, gary kozlowski. nicole, we begin with you. look, down 30, 40 points, that, to me, doesn't look as bad as the jobs appeared on the surface. >> right, and the jobs number, obviously, was atrocious, only 76,000 jobs added. that labor force participation rate is really horrifying. it shows americans weren't looking for jobs at all. they

sears going awful. when i was a kid, i got my toughskins at sears. >> what? >> toughskins. you never had stuff toughskins. >> what's a toughskin? >> it's a jean that had extra padding on the knees. >> and on the -- >> and on the inner thigh for chafing. >> look at that. >> i want to go to abercrombie & fitch. this is a name that grasso has pointed out as a zero to hero trade. had difficulty last year. look at the bounce here in the after-hour session. >> it held that level of 30, 31-ish. i thought in the face of all of the headwinds, the stock managed to hold that $30 level. i thought it was worth a flier. and the action postbell, means you should have taken a flier if you didn't. but, real quick, it is running into resistance. josh and i were talking about this, around the $38, $40 level. i would not rush in as a buyer tomorrow. >> we talked about this. this $30 level is where it bottomed out in 2010 and subsequently bounced. and a number of times in 2012, for whatever reason, traded down, held that level. and i remember the conversation on the show. we said to steve's poi

sears holdings which operates sears and kmart stores expected to lose up to $316 million for the fourth quarter. the retailer has been seeing increased competition from such rivals as walmart. sears expecteds to release final fourth quarter results next month. >>> president obama has unveiled a new plan to deal with pover tell. los angeles, san antonio, philadelphia, southeastern kentucky, and the clock tau nation. they'll grow in next three years. >>> this may come as no surprise. a just released survey releases your boss is probably happier than you. nearly 70% of supervisors are very satisfied with their position. that compares to just 48% of workers. 83% of bosses are happy with their family life compared to 74% of workers. >>> and google employees who commute from san francisco to the company's headquarters in silicon valley can now ride a ferry to work. google is trying out the ferry service for 30 day. the 26-mile ride takes about an hour and is free but not even is pleased. maritime unions want to know who's operating the boat. anne-marie? >> how many more perks do these google

sears. they've got good stuff. >> nobody has been in sears for decades. >> when i was a boy we always went cloetsz shopping at sears. trust me. they'll have everything i need. >> joe, you've got a trade on here. >> i do. and this is going to be hopfully for me more than a trade. a trnd for 2014. i truly believe shorting sears potentially could be as rewarding as shorting jcpenney was a couple of years ago. six years of continuing declining revenue, continued underinvestment. think about what sears does relative to other stores. macy's, they spend $5 per square foot. home depoerks close to $6. sears only spend $1.50. they underinvested. the stake continues to get cut. i think sears is in big trouble. this has been a theme for the last couple years. the reality is 2014. >> not so fast, stephanie link, our traders are quick but not always right. in september steph made a bearish call on xom, better known as exxonmobil. let's listen. >> i'm not a fan. i would actually sell the stock. i just don'

sears and target are in the red, is joe still short sears? we have the traders favorite shopping plays next. and week two of the playoff playbooks comie coming. we're checking the leaderboard when we come back. when you have diabetes like i do, getting the right nutrition isn't always easy. first, i want a way to help minimize my blood sugar spikes. then, a way to support heart health. ♪ and let's not forget immune support. ♪ but now i have new glucerna advance with three benefits in one. including carbsteady ultra to help minimize blood sugar spikes. it's the best from glucerna. [ male announcer ] new glucerna advance. from the brand doctors recommend most. advancing nutrition for diabetes. bulldog: bulldog: well, pup, it's out with the old and in with the new during mattress discounters' year end clearance sale! puppy: look, i found a red tag! bulldog: that means folks can save up to 40% on clearance mattresses. puppy: oh, here's another. bulldog: that means up to $300 off serta, posturepedic, even tempur-pedic. puppy: i found another r

sears domestic, they're trying to bring back the sears stores, 9.%. average 7% decline quarter for quarter, and negative than it was for sears holding. the stock is down 18% in after-hours trading. this is a company, david, certainly struggled over the last year or so. a lot of real estate holdings they're trying to divest. outlook negative from sears. david: shades of jcpenney. the brick and mortars having a tough time of it. let's look at the quick speed read, headlines five stories one minute. first up, number of u.s. homeowners with underwater mortgages fallen by 1.6 million. 37% of mortgage residents in florida are still deeply underwater. realtytrac says miami, orlando, tampa are among the worst affected communities. >>> planned layoffs last month fell 32% from november, just to over 36,200. this is lowest number since 2000 according to challenger grace and christmas. >>> los angeles filed a game american airlines for $21.5 million alleging that they have been underpaying fees at lax for three years. >>> what is being called a jet buying spree,

death watch at sears. abercrombie selling big on-line and world wrestling entertainment looking to change how you go et -- get your tv. whoa. all of those stories are next. ♪ ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market before you get stuck. get the most extensive charting wherever you are with the mobile trader app from td ameritrade. of the dusty basement at 06 35th street the old dining table at 25th and hoffman. ...and the little room above the strip mall f roble avenue. ♪ this magic momt it is the storyf where every great idea begins. and of those o believed they had the power to do more. dell is honored to be part of some of the world'great stories. that began much the same w ours did. in a little dorm room -- 2713. ♪ this magic moment ♪ crestor got more high-risk patient bad cholesterol to a goal of under 100. way to go, crestor! yh! tting to goal is a big deal, especially if you have h

sears holding which operates sears and kmart stores expects a loss of $316 million in the 4th quarter thanks to disappointing christmas sales. sears is facing increasing competition from chains like walmart. >>> president obama has unveiled the new effort to fight poverty. he is creating so-called promise zones in five economically depressed communities, los angeles, san antonio, philadelphia, southeastern kentucky, and the choctaw nation in oklahoma. they will benefit from tax incentives and government grants. a new survey finds your boss is probably happier than you. a pew research center survey finds 69% of supervisors are very satisfied with their positions compared with 48% of workers. 83% of bosses are happy with their family life compared to 74% of workers. that's your moneywatch. for more log on to cbsmoneywatch.com. at the new york stock exchange, i'm wendy gillette. >>> it's 4:51 right now. a deadly flu outbreak continues around the bay area. coming up at 5:00, the drastic steps hospitals are taking to keep it from spreading any further. >>> but first, stunning images as a p

>> that's disappointing news about sears. they are right about people going online and amazon is the big winner in that. now they have their sights on something else, tv? >> so interesting here. amazon actually flat out denying a report in the "wall street journal" that it's considering an online pay tv service that would feature live programming. the journal said that amazon approached at least three media companies and a statement though amazon says they continue to develop original on demand shows such as "alpha house" but has no plans to license tv channels. interesting that amazon responded to something like this at all. usually they don't. >> yeah. last time i think they were in the news is when they were talking about their drone concept of delivering. >> that was one of the items that amazon has been in the news for recently, definitely. >> all right. great to see you. thank you. >>> coming off that, let's talk about some new technology as allowing people to move objects using only their minds. developors say if you f

hurry in to sears for our new years celebration. get up to 25 percent off all kenmore appliances plus, an extra 15 percent off all brands with sears card. so you can save 42 percent on this kenmore fridge. this is sears. that's on applebee's under 550 calories menu, i was all, "what the what?!" then i tasted the zesty roma chicken and shrimp, which is also on the under 550 calories menu and i was like, "i can't believe it!" then, i told some friends about it and they couldn't believe how great it tasted either. they were totally, "who the, have a, what the huh?!" new under 550 calorie roma pepper steak and zesty roma chicken and shrimp. two almost unbelievably tasty reasons to see you tomorrow. need another reason? now for a limited time an under 550 calorie dish is on the 2 for $20 menu. [ cheers and applause ] ♪ >> jimmy: our first guest stars as peeta in "the hunger games: catching fire," which is in theaters right now. ladies and gentlemen, please welcome to the show josh hutcherson! [ cheers and applause ] ♪ >> yeah. all ri

yes, it is not perfect but in the same sense, sears has to be close several hundred stores. liz: he is like teddy roosevelt. >> i have seen my own, have been enough stores with many brands out there. liz: both of these names have had some. >> everybody has to transition stores. you have to constantly turn over the store portfolio. liz: that leads me to ask our investor audience if you have to pick between sears and jcpenney, which stock to you by andy depend on the leadership? adam lambert run sears, jcpenney, any given day of the week it switches. >> i would say neither, but if hung over a cliff, i would say jcpenney. they are starting to change things, they are not doing it quick enough the end o the compy will go out of business. maybe not tomorrow, maybe not next year, but they don't get their act together. >> penny is investing in inventory to change over the inventory that the customers didn't like. costing them cash and the market is not like that. however, lampert is creating cash by liquidating in the holiday season. that is a big no-no. both of the equity market an

sears auto centers. could be spun out. sears auto centers. >> going back to target, what is most important to consumers? if target needed to raise their prices to make sure that they invest in protecting them from hackers, would that be ok? >> you cannot make the customer pay for that security. security is a basic. it is part of a fixed cost for retailers. >> the answer is, sorry margins. just for target, but for retail in general. it is the reality of the world we live in. >> thank you. when we come back, the battle of the broadcasters. the tv networks are trying to block aereo, that disruptive upstarts. we are talking about it next. is friday. you know what that means. it is time for the yearbook king. the detroitat county day school class of 1973. you're watching bloomberg television. ♪ >> welcome back to market makers , everyone. i'm erik schatzker. aereo is a tiny startup threatening television's business model. soon we might find out if the highest court in the nation will be ready to consider copyright violations.

sears sales dwindled nine- percent in the past nine weeks...meantime, shares of tiffany have held steady after the high end jeweller reported a 4% bump in global sales. " you're going to see stores like jcp and sears boost revenue while profits collapse and luxury goods are going to have a great 2014 & 2015. the xrt, an exchange traded fund that tracks the retail sector, has slipped about 3% this year. target admits online shoppers are a part of its massive holiday hacking scandal. the retailer says up to 110 million customers may have had their cards hacked. analysts say target has done a horrible job handling the crisis. and it needs to release all information to avoid further damage to consumer confidence. target also lowered its earnings expectations for the last three months of 2013 - and says it will close eight underperforming u-s stores in may. as temps dip to record lows across the country, some investors are searching for stocks to warm their portfolios. running the gamut from the fun to the functional here are a few names...vail resorts, which operates ski resorts in mountain

we're mott junot just talking a penney and sears. we are digging in, coming up. >>> later on, our series on the mints continues with jim o'neill. why he thinks these four emerging economies need to be on your radar. >>> later on, the ultimate rich people's problem. how to ship your yacht. we know we're not the center of your life, but we'll do our best to help you connect to what is. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. female announcer: female announcer: it's time to make room for the new mattress models, but sleep train's huge year end clearance sale ends sunday. get beautyrest, posturepedic, even tempur-pedic mattress sets, at low clearance prices. save even more on fl

this is sears. feels like listerine®? [ male announcer ] ever wonder why no other mouthwash because no other mouthwash works like listerine®. in your mouth, bacteria forms in layers. listerine® penetrates these layers deeper than other mouthwashes, killing bacteria all the way down to the bottom layer. so for a cleaner, healthier mouth, go with #1 dentist recommended listerine®. power to your mouth™. also try listerine® pocketpaks to kill bad breath germs on-the-go. w th'rtwfoju rebus. yodre. >> jimmy: welcome back. mark wahlberg. and bruce dern. and music from polica. last night before the show, i asked guillermo if you won the mega millions jackpot would you quit your job, or stay here and work. you said what? >> guillermo: i would stay here and work. >> jimmy: he said he would stay and work. i don't know if i believe that. i invited professional polygraph administrator, dennis blackstock to come. dennis, how you doing? [ cheers and applause ] >> jimmy: come into our studio to get the truth. i want to make sure ev

developed a softer side of sears. completely turned around at sears. the common denominator what you said about sears is that wall street, with bill ackman, pershing square and real estate with vornado, they're making decisions for jcpenney that led the company down the drain. they don't have enough merchant on the team. mike ullman is a capable guy but he doesn't have the people to get the job done. >> when they brought in the superstar from apple. tracy: yeah. ashley: bring ullman back. ullman's record wasn't that great in six years he was in charge prior to johnson, right? >> six years of declining sales and profits under to charles' point, yahoo! president and ceo got $42 million severance. to your point, ashley, ron johnson depending how you calculate, $60 million man mistake. might have gotten up to $100 million for wrecking one of the great american retailers along with the real estate interests and wall street interests controlling the decisions at the company and making the mistakes. albert einstein definition of insanity, make the same mistak

sears reported a major loss after today's market close. sales fell a sharp 9% during the holiday season, continuing the company's long period of decline. sears warned investors of losses in the fourth quarter as well. shares plunged in after-hours trading during the regular session sears fell 3% to 42.57. >>> and shares of olive brands tumbling the parent company of victoria secret and bath and body works it reported sluggish december sales. the stock fell 4% to 57.75. >>> it was the same story at pier one. home furnishing retailer cut its full year forecast after what it called extremely disappointing december sales. the company says winter weather was partly behind that weakness. the stock plunged 12% today to $20.44. costco, on the other hand, broke the weak holiday mold. the wholesale club saw same store sales jump 3% in december. garden, apparel and home furnishings were leaders. shares up nearly 4% today to 118.51. struggling teen retailer abercromb abercrombie and fitch said holiday sales are higher than expected and expects ongoing

overall, sears currently employs more than 30-thousand veterans. walmart is creating a $10 million dollar fund to support u.s. manufacturers. the retail giant also has plans to buy an additional $50 billion in products made in america during the next decade. it follows a trend of more u.s. manufacturers bringing jobs back to american shores as chinese workers demand higher wages. the smart money among venture capitalists is on any application that enhances mobility. v-c funding for mobile surpassed a billion dollars for the first time in the 3rd and 4th quarters of last year, according to venture capital database, c-b insight. financially speaking, staying connected has staying power. and as our cover explains, it's just one key trend for start-ups in 20-14. venture capital investments in mobile and telecom start-ups went up three percent, last year. and now account for 16% of all v-c deals. the mobile company that took home the most money was car-for-hire app "uber" with 285-million dollars. uber launched in 2009 and now pairs drivers with passeng

we think they will be second gain stories from weakness at sears and jcpenney and kmart. we don't have so much of an opinion whether they should turn into a reit or not, we think you'll see a lot of store closures based on the situation in credit markets. sears and jcpenney will have a lot of debt due. >> i see what you're saying and the retail reits benefit from that transition. >> they'll benefit from bringing in more productive retailers. if you look at the rent per square foot that they pay, the leases were signed a long, long time ago and it's far below market rent than what other retailers are paying, so everybody will benefit particularly the anchor -- the mall-based reits that will see higher rents. you'll see more productive retailers coming into those locati locations. >> you mentioned tjx and ross and the others that are expanding and not contracting, but are they expanding at a rate that would take up some of that excess capacity soon enough for some of these more distressed retailers? >> they absolutely are. if you combine the unit growth for tjx which moaown

sears is shutting down its flagship store in chicago. they have lost millions. liquidation sales will start this sunday and the store will close for good in april. sears says it's trying to cut costs and rely more on its online sales. >>> asian markets finished mostly higher after the bank of japan decided to keep its monetary policy steady. tokyo's nikkei added a fraction. hong kong's hang seng gained a quarter percent. >>> here on wall street company earnings did not impress. health care giant johnson & johnson slipped. on tuesday the dow went down 44 points. >>> verizon said tuesday it's buying intel media, a company that streams tv channels over the internet. verizon says it will allow for it to develop nextgen services for mobile devices. >> and notre dame is getting a new look. the fighting irish will no longer wear adidas. instead they'll suit up in under armour. espn said the ten-year deal is worth $90 million making it the billest deal in college and sports history. >> all right. wendy gillette at the new york stock exchange. thanks a lot, wendy. >>> in

earlier in january seven the first batch of searing chemical weapons were shipped to the port of the kiev and syrup honey special danish cargo ship arctic sea road which was accompanied by the new fuel powered cruiser peter the great and the chinese patrol ship john chen according to the regional plan the highly toxic substances had to be shipped from syria until the summer thirty first two thousand thirteen. but he wasn't possible to keep the deadline due to the unstable situation in the country in accordance with the adjusted schedule party chemical substances which include about twenty tonnes of toxic mustard gas need to be taken out of the country before march thirty first of this year and by the end of june the searing chemical weapons should be completely destroyed. it's a parliamentary commission of context and in russia held a meeting in moscow. according to the participants of the meeting cooperation between cause and in russian members of parliament in the expansion of the new asian integration will become one of priorities in the works for members of the lower houses of pa

sears says that store has lost millions since it opened 13 years ago. the company has been shedding assets. last year, sears announced plans to spin off its auto service centers and its land's end clothing stores. well, this really caught our attention today. investor warren buffett and quicken loans are teaming up to offer a $1 billion prize to anyone who can predict the outcome of all 67 games in the ncaa men's basketball tournament. the odds? well, according to a math professor at duke university, a skilled handicapper would have a one in a billion chance of winning. they say money doesn't grow on trees, but don't tell that to this farmer. why his income is drying up next. income is drying up. next. next. [ male announcer ] if you can clear a crowd but not your nasal congestion, you may be muddling through allergies. try zyrtec-d®. powerful relief of nasal congestion and other allergy symptoms -- all in one pill. zyrtec-d®. at the pharmacy counter. see, i knew testosterone could affect sex drive, but not energy or even my mood. that's when i talked

take a sears, for example. i tweeted something out on the friday before christmas when i walked through the sears over in la jolla at university town center. there was no one in the store. >> i met rocco one time. he has been killing sears on twitter. >> killing them. >> he's been getting into a heck of a fight. >> i used to run i.r. and p.r. and we talked to the street every week about our sales. after regulation f.d. we talked once a month. now they're talking once a quarter unless there's an event to talk about. they are not as transparent as they used to be. it's harder to get the information and they are being very cautious about it because they are afraid somebody's going to come slap them around if they tell people what's happening. >> we've got to leave it there. thank you very much for joining us. more for transparency, is what i say. >> more segments where we leave off with got to slap somebody around. thank you both. >>> so much done, so much to do. bill gross joining us to talk today's jobs numbers,

sears. >>> good afternoon, supervisor kim and supervisor tang. my name is michael hampton and ayectionv here to support the legislation and encourage you to bring it to the full board. i worked on this legislation with the community members, community housing partnership and outreach throughout the city and by and large most people are for it. and i am particularly excited about it because i would like to see our young people get to work. and i also talked to myriad of age groups. and almost to a person, someone had something in their background and the impediment is there. so, i would like to see san francisco take the lead and offer this. and able bode i had people who want to work i think it will be an excellent opportunity for them to do that and also to get housing ~. and i appreciate your support today. thank you. >> thank you, mr. hamm ton. ~ hampton. >>> good afternoon, my name is stephen [speaker not understood], and this is really a no-brainer. i mean there is nothing i can say or anyone else can say that would make any difference. i me

let's talk about sears. is this a buying opportunity at these levels or is it best for investors to just stay away? >> mary gilbert and michael santoli from yahoo! finance joining us now. thanks for being here. mary, first to you. do you see value in sears? >> absolutely not. these shares are not for the faint of heart. this company is highly complex. it's being run by an asset manager, and that shows in the number they reported. as you highlighted earlier, they reported comp sales down 7.4%. at sears it was down 9.2%. at k-mart down 5.7%. more importantly it's the earnings losses. th if you exclude lands' end which they are planning to spin off, losses go to $400 million to $330 $500 million. now you have to add in pension losses. you're talking about cash burn of about $1.2 billion to $1.5 billion and that's after considering cash generation from working capital. >> all metrics look bad at this point, mike santoli. you wonder eddie lampert's money pit that this has turned into, if he regrets this and how d

10 percent off, with even more ways to save, so redeem your points today at sears. wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and error has arrived. try a free sample at eucerinus.com. the end of trial and error has arrived. wto do that we had to find theo find ybest orange growers. we tasted a lot of fruit, so that here you'll find the best oranges we've ever had. backed by our 100% freshness guarantee try them for yourself at a walmart near you. [ chicken caws ] [ male announcer ] when your favorite food starts a fight, fight back fast with tums. heartburn relief that neutralizes acid on contact and goes to work in seconds. ♪ tum, tum tum tum tums! i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste

late today, sears said it will close its flagship store in the late today, sears said it will close its flagship store in the chicago loop in april. in a clinical study, over 80% of treated men had their t levels restored to normal. talk to your doctor about all your symptoms. get the blood tests. change your number. turn it up. androgel 1.62%. >> pelley: up dating our top story, the snow is falling tonight in the northeast and mid-atlantic. forecasters say some places could get as much as a foot before the storm moves out and frigid temperatures move in behind it. on the other side of the country it was warm and dry-- too dry. the drought is killing crops in california, the state that provides nearly half of this country's fruits, nuts, and vegetables. here's ben tracy. ou

. >> there i are emergency vehicls parked outside of jc penney and sears. i was talking to people telling me it was ladies night out. just the day out to pamper themselves. they were getting facials when they heard pop sounds, people were telling them there was a shooter, and people started to hide as well as others with the mad rush away from the food court. they said that there was so much sort of chaos and people separated. >> do you know how many workers were inside? >> it's a saturday and it's a very popular day for people to go to the mall, a cold day like today, but they did see a lot of armed police going through the, getting out through armed vehicles and even coming in on sort of a public bus. and about 12 armed troopers walking towards the mall. we still see them organizing through a plan. >> that's right, we see the sears store. we see the flag flying and we are now waiting for a press conference that looks like it's about to happen now. let's take a listen in, oh, it's not happening yet. gearegaron, you frequent this m. garon, we're going to co

hurry to sears for our mattress spectacular and closeout event get 50 to 60 percent off, plus an extra 10 percent off, with even more ways to save, so redeem your points today at sears. [ sneezes ] [ male announcer ] you may be an allergy muddler. try zyrtec® for powerful allergy relief. and zyrtec® is different than claritin® because it starts working faster on the first day you take it. zyrtec®. love the air. [ sneezes ] the recent increase in cafeteria prices is not cool. when you vote for flo, we'll have discounts. ice-cream discounts. multi-cookie discounts. pizza loyalty discounts! [ kids chanting "flo!" ] i also have some great ideas on car insurance. [ silence ] finding you discounts since back in the day. call or click today. i like her. try head & shoulders for men. you can reach polamalu levels of flake-free scalp and hairness. check it. ♪ seven benefits every bottle. [ male announcer ] head & shoulders for men. seven benefits every bottle. the rich dark chocolate. york peppermint pattie. get the sensation. plays a key role throughout our lives. one a day men's 50+ is

i got her into sears, alerted everybody in sears, there's a gunman in the stores, get out

arent of sears and kmart. while it is down 11 1/2%, it has ayne may have been right on the mark, right? they lowered those expectations and beat those expectations. so now they're getting some upgrades and giving a better than expected full-year outlook. we'll see if they take off from here. you do have some analysts raising their price targets however still with hold and neutral ratings from jeffries and mizuho. not buy ratings. abercrombie is down 32% over the last 52 weeks. it certainly has not been a stellar performer and has, a long way to go to the upside to please shareholders. back to you. ashley: nicole, thanks so much. we'll be back to you at bottom of the hour. tracy: believe it or not, this stock is up on fire, up 700% in two days! none of us owns it but neither here or there. dr. manny alvarez with his take on their new promising liver disease drug. ashley: that is good news. the bad news the employer is the syrian military. don't send a resume'. story ahead in your fox news minute. but first, tak

sears, so horrendous. what can i say? and five below, i'm puzzled. i thought the five below business model was very good. i've got to rethink everything five below. i like to say, there's always a bull market somewhere, i promise to try to find it just for you here on "mad money." i'm jim cramer and i will see you tomorrow! >> narrator: in this episode of "american greed"... in grand rapids, michael vorce has money to burn. >> he was going to bars and tipping $1,000. he was buying expensive clothes, up to $20,000 at one visit. >> narrator: he drives fast cars and fast boats. >> he'd load the boat up with girls and go out and party. he was living the lifestyle. young guy, lots of money, throwing it around. >> narrator: he says he has a fleet of more than 50 luxury yachts. he has the papers to prove it. that's all he needs to con trusting bank loan offics

but sears has been having trouble for longer. and then, you have, on top of that, what is eddie lambert going to do? they're going to sell assets. i don't see how there's any way that the sears valuation makes any sense in any scenario. if they turn the business around, they're going to end up being a macy's? macy's is already there. you can buy macy's at 11-times, 12-times earnings. you know they can execute. they're doing it right now today. just today, after the bell. we see macy's cost-cutting. it's a small part of their overall staff. but they raised their guidance. and at 12-times earnings, why would you take all of the risk of owning a sears? owning a jcp when you have the best in class already at the best valuation? >> all right. it wouldn't be a party -- >> no. >> without two things. regis and tequila. coming up, we talk to the ceo of one of the fastest growing tequi tequila brands. and regis visits "fast money." >> hang in there. "fast money" will be back right after this. [ indistinct shouting ] ♪ [ indistinct shouti

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sears, so horrendous. what can i say? and five below, i'm puzzled. i thought the five below business model was very good. i've got to rethink everything five below. i like to say, there's always a bull market somewhere, i promise to try to find it just for you here on mad mu"mad money." i'm jim cramer and i will see you tomorrow! >>> i've come out here today to apologize to the people of new jersey. i apologize to the people of ft. lee and i apologize to the members of the state legislature. i am embarrassed and humiliated by the conduct of some of the people on my team. >> chris christie saved his career by taking full responsibility for the bridge closing during a marathon two-hour news conference. he traveled all the way to ft. lee to apologize to the citizens and to

and this pretty much is where you're searing for 20 seconds on each side. a quick sear. >> olive oil. >> we're using an avocado olive oil good for frying. so we have the fish going here. >> you want to start assembling something? >> we will warm up the taco shells. we double them up. >> and you might have to fudge a little bit for tv. >> yes. >> and when they're warmed up and this is all ready, what are we going to put in as our ingredients? >> we have a little slaw and white cabbage and green onion and cilantro. >> healthy. veggies. making it good. >> and fresh avocado slice. >> good fat. >> and a nice pico de gallo salsa. >> and the key to the recipe is by using the fresh ingredients, for your flavor, you don't have to add any unnecessary calories. >> that's good. and one thing you do, have you have more than 100 craft beers in your establishment. what are some of the beers you brought? and we have 30 seconds for to you talk about it. >> we specialize, we have rogue and dog fish and we fill up our own growlers specializing mostly in virginia beers. a coup

sears is getting whacked today. it's projecting a fourth quarter loss much lanlger than wall street was forecasting. it was a year ago that eddie named himself the ceo of sears holdings. that stock is down about 11% during that time frame and it's down again today, sarah, in trading. back over to you. >> thanks for bringing us that mover. sears under pressure. lots of big moves in retail today. courtney reagan is torn floor with a look at the other ones moving. courtney? >> i want to point out some of the names moving higher. i know we've really focussed on a lot of names hit pretty hard because, let's face it, it wasn't really the brightest holiday season we've ever seen. look at shares of tiffany. this is a case where in line is good enough. we saw broad base growth, comps worldwide up 6% for november and december. in the u.s., strong growth across categories as well as in europe. investors like that. it's good enough for today. move on to abercrombie and fitch. it's been in the news a lot over the last year. yes,

i'm shocked by sears. shocked. >> all right, buddy, thank you, jim. >>> when we come back we'll talk about the state of employment and talk about it with congressman kevin brady. >>> and don't forget the latest edition of "talking squawk." it's up and it has new cnbc ads featuring us, conquer the morning over and over. check it out. i lost my job about, probably about six or seven months ago. i'm a year short of qualifying for my retirement. they had some cutbacks. i was the most skilled technician and also the highest paid. for my unemployment to end now, i wouldn't have money to go on an interview. my retirement is going away as a result of this. i do have a husband, thank god, or i would be homeless. tell republicans: restore unemployment benefits now. make it happen with fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. afghanistan, in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's

so i got her into sears. i alerted everybody in sears and told them, there's a gunman in the stores. get out now. i then ran all of the way upstairs and then went to my job and grabbed whatever i could and went back with the kid and took care of them while we barricaded the door so nobody could get? >> how did everyone respond to you when you said that? did they believe you? >> they did because the shots continued. it didn't stop. i don't know when they stopped. i don't know how many were done. it sounded like more than ten shots. >> so have you ever experienced anything close to it? can you tell us what it was like for you, especially since you're so young and you just started? >> i've never been in this situation. i just started running and my asthma kicked up. i didn't know what to do except for run and try to get to safety where i could. >> and when did you get out of the mall? how long did it take and when -- this is your mother, robin. when were you able to talk to her? >> as soon as i tried to

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jenny lake has more details china's foreign minister remained firm about how he stalled the searing prices should be soft tissue tissue can put in a tutu to go close to lead the series you must results through political means the future of syria must be decided in august even people in an inclusive political transition process must be promotes its national reconciliation and unity must be achieved in syria. highly commended care and assistance must be delivered to refugees all in the country and abroad. the last un estimated that the death toll from the nearly three year conflict as one hundred thousand. about six point five mil and people have been internally displaced two point three million more serious having fled abroad china's foreign minister has called on all parties to prudent and to the violence and in the shade a ceasefire which you want to get coupons from which we hold that all practices zero act in the interest of the people in the country's future and to summon up the political wheel and meet each other halfway in the fortune middleweight a joint only useful regional and int