>> welcome to "lunch money." i am adam johnson. here is what we have today. under armour faces a chill from u.s. skaters. in property, whole tell management that hotel management. save yourself, you'll need more than a 401(k) and a check from social security. eting aboot fits -- mark boon for all seasons. lego clicking at the box office bringing in big bucks.

there are only two things people are doing this weekend -- been watching house of cards are making deals. we have a big one in pharma. >> forest labs are agreeing to be bought by activists -- activ avis. >> carl icahn is the number two hitter -- shareholder. we also got more and 2013. >> persistent pays off for carl icahn. he has proposed a proxy fight the last three years and his company and to appease him, the company gave him a seat on the board and he got his guy as the ceo and as a result, you get the outcome that he wanted all along. forest labs to be bought out. >> that is not the only deal. maker of the popular game "candy crush" is going public. king filed to raise $500

million. there will likely be listed in the new york stock exchange. when we say popular, we are talking 93 million people played "candy crush" everyday. netted digital actually $560 million in revenue last year. and is a profitable company it makes a profit from people who buy the stuff to get ahead in the game. just like "farmville." sucked into it, it is free, but if you want to take it to the next level, you have to pay. >> if you look at the three top selling games, it is "candy crush", at rescue, and farm heroes. 78% of the revenue comes from "candy crush" alone. you get 95% of this company's revenue from these come -- 33 games -- these three games. -- very surly is

going in ipo for his investment firm called sky would capital. nowher deal potentially that comcast is set to buy time warner cable, charter communications left without a partner today. charter may be eyeing a deal with medications. cox communications. now that we have business out of the way, let's talk house of cards. of netflix subscribers logged on to watch the latest chapter of the show. that was just the first day. all 13 episodes of the drama arrived on the streaming service starting friday. netflix shares jumped to an all-time high on that same day. kevin spacey made an appearance this week.

how do the prep for the role? recently that if i could kill just one member of congress, i would never have to worry about another vote. >> i think that is pretty true. >> would you pick up from following him around? >> it is interesting for him because there are so many new members of congress who are brought into the tea party. difficult to get to an 18 congressmen to vote the picnic of -- the particular way you want on the vote. a is fascinating to go to couple of with meetings and see what the agenda is, how they do it. it was very helpful to understand what it is actually a like. >> how close is the show to reality? >> is like performance art. we canimes watch it and

get done shooting on a day and i would come home and turn on the news and think, are storylines are not that crazy. >> how close is it to the real deal? let's ask the lawmakers themselves. >> the only unrealistic thing about the show is that a democrat could represent. it is great acting. >> kevin spacey makes it look a lot more exciting than it actually is and a lot more devious. >> he is probably a composite. none of us are that interesting. >> i am one of the few living americans would not watched it. >> if you are still unclear of how realistic this may be, i former washington heavyweight is weighing in. >> is closer to washington operates than anything i've seen. >> i didn't like it when it first start watching it. once i put that aside and enjoyed it, these are great

actors and writing. washington does not act that way. >> even if you watch the entire second season, you would probably still have time to catch the first tonight show under jimmy fallon. welcome, i am jimmy fallon and i will be your host for now. if you would've told me that i would've graduated high school and go want to be on saturday night live and eventually become the host of the tonight show, i would've said, i graduated high school? that is so not like me. as the tonightme show host pulled in a high rating. was also the second-highest tonight show ratings since may 29 of 20 -- of 2009, that was jay leno's last telecast. pulled int broadcast a 9.2 household rating. under armour pays -- plays

defense at the olympics saying it's slick suits are not the problem. from 3m?ts we'll be right back. ♪

streaming live on bloomberg.com, your tablet, and your smart phone. the armor around under armour. the maker performer ousted some of the best national athletes and the planet. when under armour landed a deal to make the u.s. olympics beats getting uniform, it was a natural expansion of the business. >> they are winning by hundreds of seconds. it is quite a difference it makes.

we have our expertise in fabric and the way that the airflows. i am cautious of how i make these predictions. we have a great team. it comes down to the athletes but hopefully we give an edge and make it better. >> that was the under armour chief before the olympics. that and she was talking about has become a frosty issue down in the skating oval at the olympics. the team has not won a single metal and they were expected to win 10. suitnder armour slick landed some of the blame. it was tested in wind tunnels, fine-tuned, and apparently the skaters loved it but then they stopped winning. >> we have had a relationship since 2011. of thecutive director speedskating has had a great

relationship with me. i think we're just trying to find out how to help our athletes win. >> winning has not come easy. that was kevin plank on friday. over the weekend, the usb skating team dropped the uniform and opted for another under armour suit. this was used during the world cup circuit but still no medals. trainingins with the to the gear to the skates to the pillows that you slept on. it is all very fair and this is our business and hopefully we believe we got an incredible product that could help our athletes succeed. >> under armour knows the drill and it also knows it has a good product.e this is the second u.s. olympics that under armour has outfitted the bobsled team. the streak was broken of how many times they didn't get a medal. it wasn't the suit.

the canadian snowboarders were under armour and have won both silver and bronze. when he hears complaints, he takes them seriously but he keeps his eye on the big picture. toi think everyone needs take a deep breath and see how everything turns out. we have a big push in global and we will grow. i don't see a real parallel between what is happening right now. there is a lot more to come. there you have it appeared he is sticking by his brand. said profit fell 8.4% in the latest quarter. they're cutting cost to save $1 billion by 2016. sees noe, apple shortage of demand for its iphone in brazil. a big reason why they opened

their first retail store in the latin american country this weekend. it will sell a 16 gigabyte iphone for the equivalent of $1,174. in the u.s., that same phone is $349. moving over to europe, tobacco commercials were found in our back -- bands and now are back. the ads are made possible by a loophole in the british advertising code which was written years ago before easter eggs -- e-cigs were conceived. it shows two people jumping in slow motion for wall of vapor. it is so refreshing. here is one more brand that is around you all the time but you might not of realized it. we are talking about 3m.

we go inside the company's r&d. >> 3m. you may recognize their work but the company's real value is in the glue that makes those tiny paper stick. >> you get up in the morning and you start your day and you wonder how many 3m products will i purchase today. my answer would be more than you can count. >> 3m's bottom line is all about enhancing. they have that market cornered. >> with our post-its, you can see it because it is a product you buy. many of the products we produce are used in larger or different devices. our product is embedded in the final products you don't know it is necessarily in their. new buthemicals are not the technology they go into are and that is what is keeping these guys in business. 50,000rder to create products, you need one heck of a

tool of technology and capability. >> the 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. >> this lab is our test lab. after we create new products, we bring them in here and test them until they blow up. this transformer behind me is to under 50,000 volt transformer. >> 3m tests about 200 products every year. a lightning lab may seem like a far cry from post-its but it is all a part of the companies plan to dominate every market. >> touching every company, home, and life. one might ask are you expanding too many points? we have to be broad and

diversified appeared we have the intentions of broadening the things that we do and broadening our technology. >> property tycoons captures wall street's attention with a potential ipo. opens in thein alps. we will take you there. ♪

>> this is "lunch money." we are showing live on bloomberg.com and your smart phone. --property, very stern lick barry sternlick is poorly spoken to banks as repairs to share --

sell shares. he bought more than 45 billion in assets. updatingel brand is for a more rustic look. chalet in the ski town and the outs. -- alps. >> a four-star w double stay open when most of the town shuts down. altered the slopes so guests could ski right to the front door. bubble chairs for cocktails at sunset, i spot for partners who don't ski. those chalets behind me don't look like a typical w. they have to change the design. branda test whether the of urban luxury could survive at altitude. it begins on the mountain.

under snow and stone, there was an underground nightclub, a bunker that keeps its berries -- it secrets buried. what do to make this bar? >> we have three in-house djs that are amazing. we have the atmosphere. it is completely new. it is much more international than you would found. >> rooms and suites that start around $500 and climb with each floor. balconies and fireplaces in every room. the challenge will be to fill them. there is money in the conventions as well as the jet. w is betting that this conference base has the capacity of 300 making it the largest in this region of switzerland will help sustain it in the off-season with the event business when the rest empty

out. it is a gamble that a full-service hotel could thrive in a part-time town. >> it will allow us to attract other businesses. we have specialists in every sector, whether it is automobile or others. get theirle will business to this hotel. >> just as every ski town relies on the snow, this w will need some help. >> it is a challenge but i am not worried. you always need a little bit of luck as well. >> hospitality and occupancy in a mountain resort when the snow melts. >> the world's largest provider of hotel accommodations, and to not to -- intercontinental group is reporting a rise in profit for 2014. it operates hotels under a number of different hotels --

brands. richard solomon spoke to bloomberg. >> holiday in and holiday inn express our holiday family intended to be the engine of growth. we have lots into new markets where it has not been. we pushed into india and russia and china as well is our first expressed into singapore. is thatre seeing mainstream business growing really strongly. holiday in is the only real global mainstream brand in the world. we are seeing a lot of demand their, particularly with domestic travelers and these markets. even a market like china are domestic chinese. it is a really strong brand where we see an awful lot of further opportunity into the future. >> one of the keys to that future success is understanding

how customers are changing. >> they are becoming more picky. we did a really big survey last year looking at really segmenting the customer. out of that we really have driven more focused brands. our existing brands we are developing a we have launched two new brands. one in china which is specific to chinese guests. even hotels in the u.s. which is a bonus brand is a huge market. as you see in other markets where people are more specific about what they want and their needs grow. we just launched a report which we do every year which really highlights that people want the power of global brands and that security. they want local aspects but they want more personalization of brands. that was an interesting study that we launched. spending a lote on hotels but they are not

saving enough for retirement. how to fix it. that is coming up. hunter made a splash during london fashion week. ♪

>> this is "lunch money." we are streaming live on youth -- on bloomberg.com. today's moving pictures now with the video is the story. ukraine standoff in the capital and the city has turned bloody once again. civilians and police officers have died. they're restricting traffic into the capital at midnight local time. similar story in thailand. police andween protesters have left three dead including a police officer. please try to clear a camp of demonstrators. the protest began in october

with protesters calling for political reform to the government. two members of the russian rock were releasedt after being questioned in connection for a hotel theft. they were in sochi to perform a protest. in nation, retirement planning in america could be failing. eight in 10 americans have not saved enough for retirement and you couple that with the fact that we are living longer, americans are in trouble. bob kerrey joint surveillance before speaking to panel. there is a considerable amount of success in individuals who are taking care of their own retirement. the decline in benefit programs available at the workplace has not been met with an increase in individuals capacity to save on the rhône. -- their own.

we have increased insecurity. >> massively. on the longevity that we face, is it a tipping point or is it a part of the continuum? >> there is a lot of good news out here in terms of people living longer, they are more active. that longevity means it gives retirement saving problems. you have people thinking about what do i want to do with this longevity bonus? how do i want to spend the next 30 years? they are working to make up for some of that lack of security. >> and none of us will retire. you see in your planning that people are going until 65? >> you see a lot of people, boomers that want to continue to work because you see people doing more informational jobs than traditional jobs. i have a casket outside

bloomberg radio and able boldly and it -- and they will roll me in its. . >> you do have examples of individuals who have ramped up their savings over a long. period of time. it is alem is because voluntary system, you get significant numbers of people who have it. congress reversed itself on one of the most important pieces of this debt ceiling deal, eliminating a one percent cap on military retirees. it was almost a 100% vote. the insecurity that people feel in retirement contributed to that reversal. it is an indicator of the difficulty in this problem. >> it sounds like there is an inherent cultural factor here in the u.s. that is causing this problem. >> we have not priced the savings as a society as many other societies.

we have trailed most of her competitors by several hundred aces points for decades. >> we like to buy. i can do it on credit. how do we change that mentality where we put a premium on savings? >> i don't think you can change that mentality in a voluntary way. look at social security. when it passed the senate, it was a voluntary system. in conference they made it mandatory. i don't actually think that if you wait until you're 50 and don't save enough, you have given up the most important variable which is the length of time to save. there was a push for 30 years opt in. we are not even where you are automatically in the plan and you opt out of the plan if you choose. why can't we get that done? >> the politics are complex.

if you look at any of these issues politically, touching medicare and social security. i believe that the sum is the better than the part. if congress got together and did something big here to help saving and help provide stability, even though the component parts may not be popular, it would sell politically. benefits tothe people living longer? they might work longer and you might have more families that could pass on their wealth to their kids. is there something positive here? >> you can't underestimate the fact there are more several decades of lives that people can have. if there engaged with people much longer and is economic force, the capital that the older workers represent which

the u.s. can capitalize on because her companies are very flexible. that is an advantage. >> the average of life expectancy for an american is 78 years old. hunter boots are going high end. wolverine could keep your toes warm up. we are talking shoe business after the break. by the way, take a look at this. an emergency landing. a small plane had to make an emergency landing but fortunately the lake was frozen and look at that, they towed it right back to land. nobody was hurt. ♪

>> this 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. the performance, dynamo levitating in front of the models. >> we did not want a traditional fashion show, bringing my magic to the fashion world. i take importance in what i wear, it is only right that fashion had magic fall in. >> the show attracted celebrities, anna wintour and jessie j. >> it is amazing, british fashion and british weather. it is amazing to see shoes i can perform in. they are chic enough.

>> hunter's ceo stopped by bloomberg in london. this is an exclusive interview. >> the u.s. 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. >> ulaanbaatar 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. we think the casual boots will 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 not a big difference between what the asian consumer is looking for and the rest of the world is looking for. >> are there markets in asia that will bring is not in but would like to get into? >> one is the philippines, that 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. >> lego facing down the competition again at the box office, which other movies do well? we will tell you after the break. some movies using kickstarter to get started, that is coming up in pop. ♪

>> this is "lunch money" on bloomberg television. streaming live on bloomberg.com, i am adam johnson. the lego movie does it again, 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. in second place, "about last night." "robocop" in third. mgm has been focusing on big franchises like robocop, jon erlichman joined the team to discuss whether it is working. >> they were saddled with about $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, this is a different company from four years ago. >> when i 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 boat. if the biggest part of the 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 to "21 jump street," "22 jump street." "time machine," 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 "skyfall" put them in a better position. >> you expect that, "skyfall" will do well. >> it is better than any bond in history, no one would plan for that. that gave them some steam. >> another film "the projectionist," they're using kickstarter 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. most kickstarter projects are going to go to kickstarter and say we want to make a movie, 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 gauge the interest from that, 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. commercials, radio, and a lot of investment. >> a lot of marketing. >> that adds into the amount of 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. not to secure a true profit, 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. it is 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. it is really, to me, just as 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. >> this is no movie, donkeys go one on one on a basketball court in wisconsin. [applause] ♪

>> it is for the six minutes past the hour. listed you caught up on where we closed out for the day. little movement in the s&p 500 and the dow jones. the dow jones down about 23 points but really little changed

as the s&p raises almost all of the gains for the entire year and gets back up closer to that all-time high. the nasdaq, different story putting up some real moves. a gain of about two thirds of one percent. the weather has been a big factor for commodity prices lately. it has been really cold and snowy all across the country. they jumped to a two-week high as the second storm in three days prime or snow to the east. the demand for heating oil rose of the homes in the u.s. use natural gas rather than heating oil. natural gas for their heat. if you are not using natural gas, you probably got that oil. willis traded about -- inventories fell last week as the cold weather boosted demand.

let's take a look at some individual stock movers from today's session. shares of blackberry got a boost an investor disclosed and bought 10 million shares of the struggling smartphone maker. it is the fifth largest shareholder in the company. shares in netflix lows at a new all-time high today. the company saw a huge surge in the number of subscribers who tuned in to watch the second season of its house of cards program over the weekend. its efforts to be on time order is on hold. warner cabletime buildup the only one in the news. adam johnson took a look. >> bankers had a very busy weekend. how do we as investors participate? time for insight and action. that talk about the deals

were announced or maybe announced over the next couple of days. we found out that forest labs is actavis.ght by maybe time warner will buy cox communications. also have an ipo, looks like king.com which makes "candy crush", 93 million users a day. they will strike while the higher spot -- while the fire is hot. a portion of his company as well. deals about to be announced. how do we play this, how do we participate because we are not field guys? there is a fund called the ipo fund, the ticker is ipo. 4.1% year to date. another idea, the merger fund. that one is up 2.8%. they are beating the s&p 500.

it out.unds you can buy the broker-dealer index. if you go back over the past year, you can see it as being the s&p 500. -- it has beaten the s&p 500. that was adam johnson and for more on the markets, tune in again every 30 minutes at 26 and 56 minutes past the hour. ♪