We will name names and later a prediction so wild and bold that honestly we question if we would even talk about it and bring it to you we debated it. But we are bringing it to you and you will hear it coming up true story all that ahead in the next 60 minutes. But nike bouncing back a bit after the steep post earnings drop lets get the numbers, talk about china with seema modi. Talking about her hometown heroes, nike, seema. Thats right, brian sthars of nike turning around after slipping as much as 2 in extended trading a solid beat on the bottom line. But the company said margins were negatively impacted by higher input costs primarily due to incremental tariffs in north america. Sfratly nike reported Greater China sales of 1. 85 billion up 23 this quarter but a slower pace of quarter than last quarter when sales grew 27 . Still, nike has been able to steadily grow revenue in the country over the past five years. Targeting the Chinese Consumer using platforms like alibaba to sell sho
Problems. We have a crash on i275. I dont know if rain caused it. The crash on the Howard Franklin that i told you about a crash blocking a couple of lanes, emergency vehicles on the scene, cars starting to move over as they enter i275 here. Come willing up at 6 02, 75 Million People are bracing for a potentially historic blizzard. You are looking live, right now at clayton, georgia, where the snowstorm is the big story. There is a reporter standing there getting ready to do a live shot. That city south of the border with North Carolina and it is a mess. Take a look at this map from the National Weather service. It may be tough to see he, but all of this lor, these are areas of winter storm watches, warnings, severe storm warnings, its covering a large section of real estate here from the Lower Mississippi valley to the midatlantic and the keep south. All of North Carolina and virginia under some type of advisory. Governors in the states have already declared states of emergencies ahea
190 plus countries where buyers are located. There is still no word on what the ticker will be or which exchange is getting the listing. The underwriters include swecre suisse, jpmorgan, deutsche bank, goldman sachs, Morgan Stanley and citigroup. As you heard at the top of the show, the Major Driving force behind the earnings for disney was the blockbuster hit frozen. Studio income quadrupled to 74 million. Bob iger says the company is increasing the presence of the characters at their theme park. Iger by the way will be appearing on squawk on the street later on this morning, 10 00 eastern time. Disney shares marching higher once again. Well speak with an analyst about those results and if disney is a good buy for your money in just a few moments. Are you a frozen family . Huge. Elsa, hans, kristoff. He likes the snowman. Olof. We should get a video of olof. We were at the pa, in february. It is amazing. If you ever went to epcot, the norway thing, they have all these characters there