>> welcome to "lunch money" on bloomberg television, where we tied together the best stories, interviews, and video in business news. i am adam johnson. in brand, under armour faces a chill from u.s. speedskate rs. ipo. sternlicht eyes an you will need more than a 401(k) and a check from social security. in fashion, if the boot fits, h for allrketing a bid seasons. lego clicking at the box office, bringing in big bucks.

only two things people were doing this weekend, benj watching "house of cards" or making deals. a big one in pharma. >> forest lives being bought by actavis $425 billion. >> a big winner for carl icahn, number two shareholder at forest labs. persistence pays off for carl icahn, he has threatened a proxy fight for the last three years on this company. to appease him, the company gave him seats on the board and he got his guy as ceo, as a result you get the outcome carl icahn onwanted. >> that is not the only deal, the maker of the mobile game candy crush is going public.

king digital is filing an ipo. likely be listed on the new york stock exchange. when we sent popular, we are talking 93 million people playing candy crush every day. $568ng digital netted million last year with a revenue it1.88 billion dollars, makes the profit from people who buy stuff to get ahead. just like "farmville." >> premium style. you get sucked into it, it is free, but to take it to the next level you have to pay. >> if you look at the three top-selling games king digital has, candy crash come up pet -- king digital has, candy crush, f pet rescue. candy crush is 95% of the revenue.

estatey sternlicht, real mogul of w hotels is filing for an ipo for his investment firm, starwood capital. another deal now that comcast is set to buy time warner cable, charter communications left without a partner at the dance. charter might be eyeing a deal with cox communications. willrd meeting next week be held to discuss options according to a person familiar with the matter. cards."lk "house of 16% of netflix subscribers logged on to watch the latest chapter of the life of francis underwood, that was just the first day. episodes of the second season arrived on the streaming service started friday. netflix shares jumped to an all-time high that same day. kevin spacey made an appearance on abc's "this week."

how did he prep for the role? by shadowing kevin mccarthy. >> if i could kill just member of congress, i would never have to worry about another vote. >> the example that would set. what did you pick up? for him,interesting there are so many new members of congress who were brought in to fight against washington, we are not going to do it the usual way, it is difficult to harangue 218 congressmen to vote a particular way, i do not envy him. for me, it was fascinating to go meetings and see what they are going to put out there, how they do it. it was very helpful to understand what it is like. >> pretty cool. how close is the show to reality? >> for me it is performance art. we could getatch,

done shooting and i will turn down the tv and think our storylines are not that crazy. they are really not. >> how close is it to the real deal? ask lawmakers. thing only unrealistic about the show is that a democrat could represent gaffney, south carolina. it is great acting. >> kevin spacey makes it look more exciting than it is, and a lot more devious. it will be interesting to see what they do. >> it is a composite, none of us are quite that interesting. >> i am one of the two living americans that has not watched it. >> if you are still unclear on how real it might be, here are former washington heavyweights. >> it is closer than anything i have seen on television. i did not like it when i first started watching it, i said that is a little overcooked. are i put that aside, these

great characters and great actors. people enjoy it. washington does not act that way. the entireyou watch second season, you would still have time to catch the first "tonight show" under jimmy fallon. [applause] >> i will be your host, for now. [laughter] if you would have told me i would graduate high school and go want to be on "saturday night live," i would have said -- i graduated high school? [laughter] not me. >> the first time behind the rating, thein a 7.1 second-highest "tonight show" rating since 2009, jay leno's last telecast. the nights broadcast on

february 6 pulled in 9.2 playsarmour winter at the sochi olympics. new providence from 3m, inside the r&d lab at 3m. we will be right back. ♪

is "lunch money" on bloomberg television. streaming live on bloomberg.com, your tablet, and smartphone. in brand, the armor around under armour, the athletic apparel maker outfits some of the best athletes on the planet. everything from boxing to martial arts, when they landed a deal to make olympic speed skating uniforms, it was a natural expansion. winning by hundreds

of seconds, the slightest difference is made. we have -- our expertise and fabric, the way the air flows. i am cautious on how i make these predictions. a, we have one of the best teams at the olympics, we think the suits will give them an edge. make them a little better. >> that was kevin plank before the olympics. that edge has become a frosty issue on the skating oval at the the u.s.mpics, and speed skating team has not won a single metal, expected to win 10. landed somemor suit of the blame, engineered with help from lockheed martin and tested in win titles. the skaters loved it but then they stopped winning. >> we have had a relationship since 2011, working with the ted and athletes, with

morris at u.s. speed skating, we have a great relationship. eyes on what this to be perceived as anything other than -- we are just trying to help our athletes win winning does not come easy. that was kevin plank on friday. over the weekend, the team dropped the uniform and opted for another suit from under armour used during the world cup. still, no medals. everything when you are not performing, from the training to the gear to the skates to the pillows you slept on the night before. it is all very fair, this is our business. i think we believe we have an incredible product that will help our athletes succeed and win. >> under armour knows the drill and it knows it has a good product. this is the second winter olympics under armour has outfitted the bobsled team, has not won a medal since 1952, that streak was broken yesterday.

the u.s. took bronze. it was not the suit. just ask canadian snowboarders, they wear under armour and have won silver and bronze. when kevin plank hears complaints, he takes them seriously but keeps his eye on a big picture. a deepyone should take breath and see how everything turns out. we have a big push in global, we are going to grow, i don't see a real parallel between what is happening right now and on a global scene. a lot more to come. you have it, kevin plank sticking by his brand. coca-cola losing some of its own fizz. profit fell eight point four percent in latest quarter, coca-cola cutting costs to save $1 billion by 2016. slowing growthes in emerging markets and weakness and carbonated soft drinks. apple sees no shortage of demand for its iphone in brazil.

a big reason apple opened its first retail store in a latin american country. the store will sell an iphone with no contract for the equivalent of $1174. in the u.s., that same phone is $649. where is the 15th country apple operates stores. moving to europe, tobacco commercials were banned in the u.k. 50 years ago. they are back, british american ads madetarted showing possible by a loophole in the british advertising code, written years before e-cigs were conceived. it shows a man and a woman jumping through a wall of vapor. so refreshing. one more brand around you all 3m.time,

rachel takes us inside the company's r&d. you may recognize their work, but the company's real value is and the glue that makes those tiny papers stack. get up in the morning and you start your day and then you wonder how many 3m products will i touched that i'm? -- will i touched today? more than you can count. 3m's bottom line is about adhesives, they have got that market honored -- cornered. >> in the consumer world with post-its, you can see it. many products are in different devices, our product is embedded. >> the chemical are not new, but the technologies are. that is what is keeping these guys in business. to create 55,000

close products, you need a pool of technology and capabilities. >> their second-biggest lab is electronics and energy. seee wires that you don't that make your daily life possible. 3m makes those materials and those materials must be tested to their limit. testis is our high voltage lab, after we create new products, we bring them here and test them until they blow up. this transformer behind me is 25 0,000 volt transformer. year, 3m tests 200 products. a lightning lad might seem like y from post-its, part of their plan to dominate every market. >> every company, every home, every life. >> overly ambitious? >> are you expanding at too many points to reach? because weis bright

have the intention of broadening the things that we do and broadening our technology. property tycoon barely sternlicht captures wall street's attention with a potential ipo. chain opens aotel resort in valves, we will take you there. ♪

this is "lunch money" on bloomberg television. streaming live on bloomberg.com, your tablet, and smartphone. property, barry sternlicht is close to selling a minority stake. hehas spoken to banks as

prepares to sell shares in the firm, starwood capital has raised $23 billion of equities and bought more than 45 billion dollars in assets. the w hotel brand updating its a more rustic look. in ae location, a w chalet swiss ski town. >> the newest full-time resident, a four-star w that will stay open when most of the town shuts down. designers altered the slope so guests can ski right to the front door. level chairs for cocktail, a spa for partners who do not ski. those chalets do not look like a they have had to modify their design to fit the alpine profile. a test of whether or not there brand can survive that attitude. it begins on the mountain at the

hotel's bar. there is an underground nightclub, a bunker that keeps its secrets buried. what do you need to do to make this part the spot? we have threeic, in-house djs. the atmosphere, we have that. the design of the bar is great. it is much more international than what you could find. >> 130 rooms and suites that start around 500 dollars and climb with each floor. balconies and fireplaces in every room. the challenge will be to fill them in verbier's sunnier and slushier months. there is money in the convention and jet set. this conference space is the largest in this region of switzerland, they are betting it will help sustain it in the off-season when the rest of the

town empties out. it is a gamble that a hotel can thrive and a part-time town. to havewill allow us other businesses than what we are used to. specialists in every sector, automobile or pharmaceutical, these people get their business to this hotel. >> as every ski town relies on the snow gods, this w will need some help. >> it is a challenge, i am not worried, but it will take a lot of work and a bit of luck. >> hospitality and occupancy and a mountain resort when the snow melts. hans nichols, bloomberg, verbi er. the world's largest provider of hotel accommodations, intercontinental group, is it,arding a 10% rise in prof

they operate 4600 hotels under a number of brands. richard solomon spoke to bloomberg about where growth is strongest. holiday andormance, in holiday inn express continues to be our engine of growth. we just launched holiday inn express into new markets. china,growing it fast in last year we pushed to india and russia, our first expressed into singapore. what we are seeing is really that mainstream business growing very strongly. what is interesting, holiday inn is the only global mainstream brand and the world, seeing a lot of demand there. particularly with domestic travelers in these markets. even in a market like china, over 80% of our guests are domestic chinese. a really strong brand, we see an awful lot of further opportunity in the future. the keys way, one of

to that future success, understanding how customer tastes are changing. >> becoming more picky. a very big survey last year looking at really segmented customer needs and occasions. out of that, we have given more focused brands. our existing brands are developing, we launched two new brands, one in china that is specific to chinese guests who won a local experience. hotels in the u.s., a wellness brand. that is a huge market. as you see in other markets, people are more specific about what they want. we just launched a trends report, which we do every year, it really highlighted that people want the power of global brands and the security, they want local aspects. but i want more personalization of brands, that was interesting that we found out davos. spending aight be

lot on hotels, they are not saving enough for retirement in america. how to fix it, that is coming up in nation. how hunter boots, made a splash during london fashion week. ♪ the hour,tes after bloomberg is "on the markets." let's get you caught up. midway through the session, little change mixed picture with .1%, the dow down about the same amount, the 2/3 of a percent gain. last week was the best we have seen for the s&p, taking a pause. a replica coffee surging to a one-year high as brazil's cross are threatened by lack of rain. brazil is the second-largest

coffee exporter in the world. natural gas, demand for the and half of boosted american homes. more "on the markets" in 30 minutes, more "lunch money" ♪

>> welcome to "lunch money" on aremberg television, we streaming live on bloomberg.com, your tablet, and your smartphone. i am adam johnson. moving pictures, the video is the story. hasine's standoff in kiev turned bloody. dozens of police injured and three processors have died. the government is restricting traffic into kiev. similar story in thailand, clashes between police and protesters in bangkok dead, including a police officer. the violence broke out after police tried to clear a camp of demonstrators, protests began in

october with demonstrators calling for reform to the government. 2 members of the russian rock band pussy riot were released in sochi after being questioned about a hotel theft. they were in sochi to perform an act called "putin will teach you to love the motherland." in 10 americans have not saved enough for retirement. andkerrey, former governor senator from nebraska was on "surveillance." >> you have seen success in individuals taking charge of their retirement. nee problem is the decli and programs at the workforce has not been met with an increase in individual's .apacity to save on their own

we have increased the insecurity people feel. >> massively. within your panel today, at your seminar on the longevity that we face, is it a tipping point now, or is it a part of the continuum of the last 10 years? >> there is a lot of good news in terms of people living longer, healthier, more active in retirement. longevity means that the retirement savings challenge has gone to being a philosophy challenge. you have people thinking about what do i want to do with this longevity bonus, how do i want to spend the next 20 years. for are working to make up some of that lack of security -- >> none of us are going to retire. are you seeing in your statistics, people are going 65, you have got to be kidding. longer, a lotking of baby boomers are telling us they went to continue to work, you see people doing more information jobs than traditional manufacturing.

a casket behind bloomberg radio, they are going to roll me into it. >> you will be fine, you will get social security. >> social security? >> individuals have ramped up their savings over a long period of time and are in good shape. voluntary is a system, you get significant numbers of people who have not. lastly, congress reversed itself on one of the most important pieces of the debt ceiling deal, eliminating a 1% cap on military retirees. it was almost a 100% vote. the fiscal policy, but insecurity people feel contributed to that reversal. as an indicator of the difficulty in solving this problem. is somes like there sort of cultural factor here in the u.s. causing this problem. have not prized savings as a society as other societies have.

our savings rate, we trail most competitors by several hundred basis points for a decade. >> we are americans, we like to buy. i can do it on credit. how do we change that mentality, we put a premium on savings? >> i don't think you can change in a voluntary way. when social security passed the senate in 1935, it was a voluntary system. made itrence, they mandatory. imagine if it was on terri, it would not work. if you wait until you are 50 years old and say i have not saved enough, most people wait until they are 60, you have given up the most important variable. >> david plouffe with us come a you had peter in the oval office, opt in. arere not even aware, you automatically in the plan and you opt out if you choose, why can't we get that done? >> the politics are complex.

in terms of savings issues and the reform generally. if you look at any issues touching medicare or social ull terribly.y p people are hungry for problem solving, if congress did something big here to help savings and help provide stability, even though the parts might not be popular, it would sell politically. >> i am a younger worker. toy, what are the benefits people living longer? they work longer, you have more families that can pass on their wealth? is there something positive? theou cannot underestimate fact that there are now several decades more of lies that people have, they live rich lives and are engaged with people, their friends and family much longer. as an economic force, the intellectual capital that older workers represent, the u.s. is

uniquely able to capitalize on that, our companies are flexible. that is a competitive advantage for the u.s. >> the average life expectancy for an american? 78 years old. hunter boots high end. hunter heels? wolverine can keep your toes warm. shoe biz, after the break. by the way, take a look at this, emergency landing on a lake. a small plane had to make an emergency landing. the lake was frozen, look at that, they towed it to land, nobody was hurt. ♪

is "lunch money" on

bloomberg television, streaming live on your tablet and smartphone. in fashion, boots to weather the weather. boots maker hunter has stepped out at its first ever fashion show. levitating ine, front of the models. not want a traditional fashion show, bringing my magic to the fashion world. in what iortance wear, it is only right that fashion had magic fall in. >> the show attracted celebrities, and a winter, -- anna wintour and jessie j. >> it is amazing, british fashion and reddish w -- it is amazing, british fashion and british weather.

it is amazing to see shoes i can perform in. they are chic enough. see you stopped by bloomberg in london. this is an exclusive interview. is amazing right now in terms of sales, u.k. has always been our home market and a major driver of sales, we have great interest from china, japan, korea, europe, germany, italy. we have great global potential. we have not actually open retail stores, we will announce our first retail store that will be exciting. that will be the start of a direct to consumer journey we have begun with hunter's website as well. >> mongolia, exceptionally cold weather calls for a thick boot. wolverine has just the thing. is the world's

coldest capital city, temperatures can plunge to -40 degrees, making the needs of consumers different. >> mongolians like the outdoors, we are focusing on work boots, cat product. there is an opportunity for the lifestyle rugged product, this is a rugged terrain. willink the casual boots be very successful in mongolia. the asian consumer is looking for pretty much what the rest of the world is looking for, the internet is shrinking the world. there is a lot of -- there is not a big difference between what the asian consumer is looking for and the rest of the world is looking for. >> either markets in asia that will bring is not in but would like to get into? thatat is the philippines, is more of an intellectual property reason. another market we think we could do well in is the indonesian

market, we are looking and screening distribution partners for indonesia. o facing down the competition again at the box office, which other movies do well? we will tell you after the break. some movies using kick started to get started, that is coming up and pop. ♪

onthis is "lunch money" bloomberg television. streaming live on bloomberg.com, i am adam johnson. it again,ovie does

the film scores top spots at the box office second week in a row. 63 million viewers between valentine's day and president's day alone. the second place, "about last night." "robocop" in third. been focusing on big franchises like robocop, jon the team toined discuss whether it is working. abouty were saddled with $5 billion worth of debt and needed to clean up their books. under gary barber, their ceo, they have gone an impressive job improving their financial health, they now have about $50 million in cash on their books. they have a revolving fund, largely untapped, about 700 million dollars, this is a different company from four years ago. think mgm grand, last

time i said i was going to see a fight in las vegas. does this company need to reinvent itself, does "robocop" count, isn't that what everyone is doing, their own version? mgm has this big library of movies that they can choose to tap into, miramax is in the same old. thes the biggest part of value of the business is tied to the stuff you have already got, maybe going back to the well is a good strategy, it allows you to increase the value of what you have got. you look at some of the other stuff, they are doing a sequel jump street," "20 to jump straight." you have got to go back and find a way to make everything valuable when you go to sell tv versions of it, they are doing a lot of that. cutting streaming deals with whoever, amazon or netflix.

the biggest bonus they got was the success of those blockbusters, "the hobbit" and "gar file" put them in a better position. ll"you expect that, "skyfa will do well. than anybodyer bond in history, no one would plan about. that gave them some steam. >> another film "the projectionist," they're using kickstarter to get this gesture good -- to get this distributed. >> we saw a new trend in filmmaking with the access we have. we saw this opportunity changing in regard to how films are financed. kickstarter projects are going to go to kickstarter and movie,want to make a this is our idea. help us make it. we saw this platform as being an

opportunity for us to use that platform not to make the film, but to find the audience and a that,the interest from giving us the opportunity to reinvest in a film. and finance our own theatrical distribution without distribution company backing us. >> trying to distribute without a big studio behind you, what has been your experience? how is it traditionally done, what things are you trying to change. >> as far as traditional distribution, you are talking about a large ad buy. radio, and a lot of investment. >> a lot of marketing. amount ofds into the return that you are going to have to get, you will have to pay for that in your -- >> out of your receipts. >> in this case, what we are

saying, we are going to try to get some -- a better way of saying, some pure profit without having to make the upfront costs in terms of advertising. prophet,cure a true you are trying to gauge what the interest is in determining what your distribution strategy will be from exposure to the film. >> tell us about the movie, what is "the projectionist" about. >> a soldier who returns from iraq and has undiagnosed posttraumatic stress disorder. he is trying to re-himself with society and reconnect with that world he left behind serving his country. really hard to watch at times. we're very excited about releasing this film and getting it out to a huge audience and showing the world all the work we have done. asis really, to me, just

much about raising awareness on an issue that really is not being discussed. something that is really being swept up the rug. hundreds of people are affected by this, to give your life or something and not necessarily have proper rehabilitation when returning home, in addition to entertaining people, that is what we look like. we would like to have people watch a movie, but in addition, raise awareness on an important issue. gothis is no movie, donkeys one on one on a basketball court and wisconsin. [applause] ♪

thet is approaching 56 past hour, bloomberg is "on the markets." i am julie hyman. let's take a check on where stocks stand halfway through the trading session. a mixed picture today as we have had for allof the session

weekwing last week's best this year. nasdaq leaving the game, gaining 2/3%. let's turn to the commodity markets, big moves there because of the weather. futures look at gold and the snapback we are seeing in gold prices after rising to a saw ebitda dipe dipped earlier today. forecasters are still bearish on gold prices. oil, let's take a look at what is going on there. oil dipping, even though the forecast is for cushing's applies to have been drawn down. we are talking about a weather effect. individual stocks, coca cola on our list, shares selling off by years.t and more than 2 fourth-quarter profit fell despite a 1% rise in global

sales. e said it sold less soda in north america. shares of netflix are trading at a new all-time high, the company saw a surge in the number of subscribers in the u.s. who tuned in to watch "house of cards" over the weekend. its efforts to secure a place in time warner cable's setup boxes is on hold now according to people with knowledge of the matter. speaking of a deal between cox, betty liu spoke to leo hindery. >> there were 100 cable operators when i got involved as an owner in the industry, intermedia partners. now there are 5, 5 is about to become for. that is freely consolidated in a 18 million people.

adam johnson is taking a look at the pickup and m&a. >> bankers had a very busy weekend, how do we participate? time for insight and action, just so we are on the same page, let's talk about the deals that have been announced or maybe announced over the next couple days. a manager, forest labs being bought by actavis. there might be another merger, perhaps charter will buy cox communications, people talking about whether that is a possibility, charter was not able to buy time warner, could not afford it. and ipo, king.com that makes candy crush, 93 million users a day. strike while the fire is hot, barry sternlicht lining up to ipo his company. how do we play this, how do we participate? real simple, there is a fund

called the ipo fund, ticker is ipo. up 4.1% year to date. the merger fund, mna. both beating the s&p 500. i have a third one, this roundabout. just buy the broker-dealers, there is the broker-dealer index, the ticker is iai. if you go over the past years, it has been the s&p 500 2 to one. play all these deals, you don't have to be a banker. >> thank you so much, adam johnson. "on the markets" again in 30 minutes. "bloomberg west" is next. ♪

>> live from pier three in san francisco, welcome to "bloomberg west." our focus isang in on innovation, technology, and the future of business. samsung galaxy s5 is expected later this month and we are getting new