motion." "power lunch" begins right now. we begin with breaking news. at least 12 people are dead, 50 wounded after a shooting rampage at a movie theater in aurora, colorado, whe people had come to see the new batman movie. police are at the suspect's apartment. the police chief in charge of that investigation says it has been booby trapped with sophisticated explosives. i'm sue herera. >> i'm tyler mathisen. we should get some fresh details on the incident in just a few moments where the police department is about to hold a news conference on that shooting. the one thing we already know is that the area around suspect james holmes's apartment is considered extremely dangerous. police chief dan oates says the apartment is loaded with complex explosives and it may take hours, maybe even days to disarm them.

>> his apartment is apparently booby trapped. what we have is a whole bunch of bomb teches from all different agencies. we have pictures inside the location. we're trying to determine how to disarm flammable or explosive material that's in there. >> president obama canceled several campaign events following news of that shooting. just moments ago, republican challenger, mitt romney,weighed in as well. >> our hearts break with the sadness of this unspeakable tragedy. ann and i join the president and first lady and all americans in offering our deepest condolences for those whose lives were shattered in a few moments, a few moments of evil in colorado. >> this, by the way is our first look at the suspect, james holmes. this picture is from his university of colorado id card. >> julia boorstin is live in a

movie theater in north hollywood, here to tell us how the movie industry and theater operators are reacting to that tragedy in colorado. julia? >> reporter: well, see, time warner has canceled its paris premiere that was scheduled for tonight. but it's not canceled any screenings or pulled any promos yet for "the dark knight rises." this theater behind me here is owned by cinemark which owns the theater outside of denver where the tragedy occurred last night. the cinemark ceo tim warner weighing in saying the company is focused on the victims and their families and also on the security of all of their patrons at every one of their screenings. cinemark says it is working closely with the aurora police department. >> we have over 250 million people a year attend our theaters here and throughout the world.

and the security problems are very, very rare. >> reporter: with the nypd stepping up security at new york theaters, it's not just cinemark thinking about security. take a look at this shot of security guards outside a theater at a universal city theater as moviegoers went into a 6:45 a.m. theater. amc says, we are actively working with local law enforcement in communities throughout the nation and under the circumstances we are reaching out to all our theeters to review our safety and security procedures. the national association of theater owners weighing in saying, quote, guest safety is and will continue to be a priority for owners. nato members are working closely with local law enforcement agencies and reviewing security procedures. as we well know, movie has been a place of escape, whether

escaping from the economy or even just the heat. movie theaters want to do everything to make americans feel safe. back over to you. >> squthank you very much. more thoughts on how the studios and the movie theater chains are reacting to the tragedy. howard bragman, the vice chair of reputation.com joins us on the phone. howard, nice to have you with us. we have heard and seen the statements from the companies involved in the production and the showing of these movies in the theaters. but what next steps do these companies need to take? should they pull all advertisements? should they pull the marketing materials over the weekend? what should they do? >> well, actually you'd be surprised but you can't pull any of the advertising and marketing materials. the media buys are done. what i think warners has done and the theater owners have done is exactly the right thing. number one, they've expressed

great concern and condolences for the tragedy victims and the families. they're working with law enforcement both on the federal and local level to make sure that they're everything they can to make sure the moviegoers are as safe as can be. what they have pulled is any live media appearances. there was a paris premiere scheduled. there were a number of interviews scheduled. those obviously won't be going forward. and that's the right decision to make. >> so if some of the actors, including morgan freeman, christian bale and others, anne hathaway were scheduled to make public appearances, you would counsel warner brothers to immediately cease those. >> i would counsel them and warner brothers is very smart and did that already. you just don't want to put the actors in that position. they we we're in a situation where there's many more questions than answers. the actors aren't prepared to handle it.

and they're in kind of shock and grief like the rest of us are right now. it's a horrible tragedy. >> one of the things that apparently confused some of the people in that theater was the thought that so many of the people attending were in costume to sort of get into the spirit of the movie and some people may have thought that this perpetrator dressed in apparently paramilitary garb of some sort was part of the game or the gag of the movie. would you counsel theater owners to say, you show up in a costume, you're not getting in? >> you know, i think that's one possible way to address this. i really think that's up to law enforcement and i think they're the ones who have to come up with the rules because for maybe moviegoers, the costumes are part of the moviegoing experience. people have been waiting a couple of years for this movie. it's a big moment in their lives, which is why they were at the midnight showing. it's not the costumes that

caused this tragedy. it's one horrific person and one horrific incident. and i think we can't forget that, it's not the movie that's to blame, it's not the theater that's to blame. it could have happened easily at a restaurant or a park or any place where people are congre congregated. it was a target of opportunity. >> what about security? how much security should these companies now put in place? we obviously have seen a slight step-up security here in new york city and other areas around the country. how long do they keep that up? how big a security presence should it be inside an outside the theater? >> as far as we can tell, this was a lone incident. so it's not part of an orchestrated plot. but you want to make people safe. it's a huge movie that's already generated tens of millions of dollars. so you want to make sure people

feel secure going to the movies. and movies are a place where families go together. so you really want to do that. but i've also been to countries where you're forced to get frisked and people look through your bag, you go through magnatrometers. and i don't think that's ultimately going to solve the problem because there's other places. >> indeed. howard, thank you very much. appreciate it. let's recap the top story. police are questioning a former medical student in that shooting in aurora, colorado, at the movie theater. 12 people are dead. more than 38 are injured. police are now searching the suspect's apartment which apparently has been booby trapped with explosives. theater chains across the country say they are reviewing their security procedures in light of that attack but it raises the vexing question, how do you protect a very public place? we will address that in our next half hour. the former police commissioner

of boston, l.a. and new york city, william bratton, will join us with his thoughts and his traj dis. let's get back to the markets on a busy day for stocks. the euro's fall ton a low point against the dollar. dates back to june of 2010. there you see the chart today. 1.2165. brian shactman is on the floor at the new york stock exchange. hi, brian. >> hey, taylor. euro/dollar is a factor today. fender withdrew its ipo. but two names came to market, kayak and palo alto. and post-facebook, they've traded well. ge, revenue a little bit light but they remain confident. double-digit eps growth. and the stock up 2%. the biggest negative might be chipotle. things slowing in late april, carrying through to may and june. if that continues and input prices pop with grains so high

right now, margins could see intense pressures. investors reading the tea leaves across the space. here's where the chipotle story becomes a macro story. if it gets passed on to the consumer, that will constrict spending in other places. lots of macro issues in our other major story, which is europe. >> europe's been quiet ever since the big meeting of european leaders. now it's back on the map very much. the good news is the eurozone finance ministers did approve the spanish bank bailout. spain is still very much on the hook. the government itself. the bad news is one of the semi autonomous regions, valencia, has said, we need help ourself. it's unusual to have a regional government asking for aid. we need another bailout? is spain going to have bail out number two?

and also the banks are all very weak today. some intimations the spanish government may close some of the smaller insolvent banks. there's also talks that holders of bank debt may have to take losses as well. >> protests against austerity overnight in spain. it's greece all over again. >> it's affecting us, too, we're at a two-year low in the euro. that means a stronger dollar. puts pressure on commodities and commodity stocks. all the banks are down. these banks are basically penny stocks. >> thank you very much, bob. see you in the next half hour. let's go to the markets desk where jackie deangelis is there with the latest. >> we are taking a look at shares of onyx pharmaceutical.

it's up more than 10% right now, this is after the fda approved its blood cancer drug. it was up after bristol-myers-squibb failed to phase retrial. we're at 52-week highs with onyx today. straight ahead on "power lunch," a homeowner's revenge, foreclosing on the banks. that story n plus much more on the markets on that down day, including more details on general electric, the stock is up more than 2% after reporting result this is morning. but before the break, five big friday winners on a down day. #a#a#a#a#a#a'9#a+=#a#a#a#a#a oma +g#a

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a very busy week of quarterly earnings reports coming to an end for the week. ge, minority owner of this network, reporting this morning. let's take a look at the stock. it was up earlier. now up 37 cents, above $20, at $20.17. mary thompson draws this duty just about every quarter. >> i know, i know. we like to talk about ge. its earnings got a boost from strong results and its energy transportation as well as its finance units. revenue came in just shy of estimates at $36.5 billion. the firm which sells products ranging from dishwashers to jet engines benefits from gains in the emerging markets which helped to set off what the ceo

spoke about. industrial orders fell 1%. hurt by a decline in demand for wind turbines. stability in its real estate holdings contributed to ge capital's strong results. immelt reaffirming the firm's outlook for double-digit earnings growth in industrial and finance units, they are on track to grow profit margins. general electric just one of the big american companies. the president has been trying to court them. but is he winning companies like ge, boeing and jpmorgan over? zachary goldfarb tackles the issue in today's "washington post." it doesn't sound like the companies are buying what the president is saying here. he's courted the executives. said lots of nice things about

them. but seems like the affection isn't reciprocated necessarily. >> that's right. executives at these companies talk about two main concerns about why they don't appreciate all the things the president is doing. first, they say that the president sometimes has an unfair tone towards business. some of his rhetoric is too much. second they see the regulatory environment as too burdensome. but the president has tried to cultivate these companies whether through selling boeing ar airplanes around the world. >> you have some interesting numbers showing the detail, how much money obama as a candidate in 2008 collected from some of these companies that we've just mentioned versus how much he has collected from the employees of those companies so far in this election cycle. what are some of the details here? >> it's interesting. in 2008, ge employees favored barack obama by a wide margin

over john mccain with a wide margin. it's flipped to 4 to 1 in favor of mitt romney. ge employees have clearly changed their views, as have employees of jpmorgan which favored obama by a wide margin in '08 and now favor obama. you can see at the rank and file level and in the c-suite employees are much less enthusiastic about the president than they were four years ago. >> kru gotten any reaction either from political circles or the corporate suites that you right about to today's article? >> i think people generally think it's fair and understand there's an off-and-on relationship between the white house and corporate america. both need each other. big companies need the administration to help promote its products overseas and help the economy. but they don't have all overlapping interests. the president is trying to represent as his former chief of staff told me, not just ceos but

the workers there. and the interest of workers and top executives aren't always aligned. >> zach, thank you. now to the housing crisis and what some are calling homeowner's revenge. homeowners associations are turning the tables. they're foreclosing on the banks. diana olick is live in washington with the details on that. >> reporter: that's right. one in five americans lives in a community with a homeowner or a condo association, the ones where you pay monthly dues for extra security or getting your lawn mowed. by law when a bank forecloses on a home in one of those associations and takes possession, it must start paying the dues. but in many cases, the banks are not. so the associations are turning the tables, filing foreclosure on the banks. >> the association has both a statutory right under the florida laws as well as a right under its restricted covenants in the community. and it pursues those rights for just like any other owner. the main thing to focus on here is in this legal scenario,

jpmorgan is no different than any other homeowner in the community who has failed to pay. >> reporter: attorney ben solomon is representing homestead florida's keys gate community association claiming this home has two years of back dues owed by jpmorgan worth over $19,000. it is one of dozens of foreclosure suits against several of the nation's largest lenders. >> we are seeing with much more regularity that when banks take title to units, they don't pay any carrying costs. >> reporter: we contacted jpmorgan and a spokesperson said that though they service the mortgage, they are currently researching the title. the property was actually sold to an investor last month and this is where it gets tricky. in fact, the homeowners association foreclosed on the original homeowner but then transferred title to jpmorgan. as you see in this document, yet another example of how title and ownership in this mortgage mess is getting in trouble and leaving these associations in

the lurch. >> i pay my dues. other people pay their dues. i feel that jpmorgan should have paid theirs. >> reporter: now, jpmorgan admits they have other association foreclosure suits against them on properties they do own. solomon says one miami beach association he represented actually succeeded in repossessing a condo. if you buy a foreclosed property with an hoa lien against it, you could be possible for it as well. >> diana, thank you very much. fears, as you know, are growing in europe of a prolonged slowdown, as financial worries mount. how might this impact your financial decisions? go vote in the finance.yahoo.com poll. now over to jackie deangelis. >> we're looking at shares of hub group.

we're looking at a near 10% drop today. a few firms downgrading it in response. if you look at the weekly chart there, you can see we're down 17.5%. we are awaiting that news conference out in colorado after the shooting spree early this morning at a theater in that colorado suburb of denver. when it happens, we'll bring to it you live. next, we're going to analyze the analysts on wall street. on our list today, hess, stanley black & decker and ebay. let's take a look at who is on the downside right now. hewlett-packard down 46 cents. intel down 54 cents. travelers off 2%. dit ditto, caterpillar and united tech is down 1.33.

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so they're lowering their valuation. we like hess a lot. our exit would be about $55 here. but we think that the reduction is in the price of the stock. the bad news is in the price of the stock. we do like this call. >> let's move on to jpmorgan. it's upgraded ebay to overweight from neutral saying ebay becomes an increasingly important partner for retailers and benefits from its strong mobile presence. the stock is up 11%. >> we like this one. year to date, up 40%. they just did a bond offering. $3 billion today. that's a big day for ebay. they haven't done that since 2010. we do like the stock very much. mobile is a game changer for ebay. it's so much easier to sell your stuff. i do it all the time. >> use your phone. >> your iphone. take a picture and upload. it's so much easier. >> key bank upgrading keybanc

and stanley black & decker. the stock is down 2.5%. what do you say here? >> we don't really like this call too much. this side has been beaten up. stanley black & decker, they've been drilling into acquisitions lately. >> oh, drilling, nice, nice. >> they've had to spend a lot of money in consolidation costs. we don't like this call so much. >> we disagree with that. >> we disagree. >> s&p, dow, nasdaq, all at lows for the day. look at the dow down 12 points. nasdaq and s&p off about 13. metal market about to close for the week. we'll take you to the nymex coming up. plus what one of the biggest names in law enforcement has to say about the shooting in colorado and how to stop the next one. bill bratton coming up. importan. today, our financial advisors lead from a new position of strength. together with bank of america,

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gold prices closing right now. sharon epperson tracking all the action at the nymex. sharon? >> it looks like gold prices are going to finish flat on this session. around 1,580 an ounce. we've seen gold erase its losses as the spain crisis has worsened and perhaps we're seeing some safe haven buying here in the latter part of this floor trading session.

we're also looking at silver prices that have given up some of the losses we've seen and recovered a bit. silver edging away from the cliff. that's the way barclays puts it. they are looking at that $26 level and say they're looking at potential upside for silver prices. meanwhile, copper prices that hit a two-week high in the previous session are now down on the session. copper has retreated on reports that china is tightening its housing policy. that has led to lower copper prices in the session. back to you. >> thank you very much, sharon. let's get to the trading action here at the nyse. bob pisani, we talked about it yesterday, we felt pretty good. >> can we get rid of today? we had a great week going into today. still barely positive on the s&p 500. but just barely, on the week. the dow and the nasdaq are now negative for the month. techs were a major help this week. they performed terrifically until today. it's a three-year low for amd.

they were the first big company to come out and talk about china back on july 9th. last night, they cited the slowdown in china and europe. most of the other chipmakers down as well. our u.s. banks down three days in a row. this has been the big loser this week. tech and materials doing very well. but the banks down three days in a row. when you have a day when the dollar moves up and the euro moves down dramatically, that typically puts a lot of pressure on commodities and commodity stocks and that's exactly what's going on today. >> yeah, and tech, obviously to the downside, yet positive energy on the ipo market. but obviously the macro picture is weighing on things. >> yeah. remember, europe was not a problem all this month. >> or it wasn't discussed about. it was a problem. >> but it didn't pressure the markets. it's back in a big way today. >> bob mentioned the technology sector.

let's go to the nasdaq where courtney reagan is. tech is the laggard on the day. >> sitting around the lows of the session. nasdaq anegajuly. but take a look at shares of kayak. up almost 29%. up higher than 30% at one point in trade. it's the first day these shares are available for public listing. as you can see, priceline up marginally. expedia down. palo alto networks, not traded here at the nasdaq but at the nyse where you are also having a very positive day. it's a network security maker, up more than 33%. some of its counterparts down in reaction. intuitive surgical, this company reported strong earnings. but it's the warnings getting us every time saying some of the surgeries for prostate cancer, the numbers are down. that's a problem at least if you're a shareholder in this company today. and last but not least, take a look at shares of sandisk. talking again about expectations. actually had a pretty poor

quarter. but it wasn't as bad as some had expected. as a result, one of the leaders here on the nasdaq 100. also helping to lift competitor micron up almost 2% on the day as well. back to you. >> that was tongue in cheek, outside of investors and the company, fewer prostate surgeries are a good thing. u.s. treasury prices rising on renewed eurozone worries. we saw record low yields here in the u.s. look at the 30-year. it's been around 2.5%. just incredible in terms of yields. i don't know that that board looks particularly accurate because a ten-year note is actually yielding a whole lot less than that. we'll have to check on that. those numbers don't look right to me. >> yeah, 1.45 is what they were quoeld quoeting the yield on the ten-year. turning to the latest details on that shooting out in colorado. we've gotten our first look at the suspect, 24-year-old james holmes of aurora. this is from his id picture at the university of colorado where

he apparently had been a medical student or involved in the neurosciences department there. he was arrested shortly after the shooting that occurred just after midnight at the premiere at batman movie. police concentrating on his apartment. they say it is booby-trapped with sophisticated pelosiives and are trying to determine the best way to defuse them. it could take hours, maybe days. officials have not determined a motive for the attack. and the fbi says there are, however, no indications of any ties to terrorists or extremist groups. in all, 12 are known dead. dudsens more injured at this hour. police departments in cities like new york and chicago say they are now stepping up security at movie theaters. the family of james holmes has issued a statement saying they are cooperating with authorities and that they are still trying to process what has happened. we are awaiting, of course, a news conference from the aurora police. we expect it to begin probably this hour. but we will bring it to you as

soon as it does start. >> and you know, ty, at this point, the shooting raises all kinds of questions, including how do you actually protect and can you actually protect a public space? what should movie theater and shopping mall owners do today? on the phone with us is bill bratton, the former head of the boston, l.a. and new york city police departments. he is now chairman of kroll advisory solutions. that's the key question. it's a public space with a lot of people. how best to secure that type of a situation? >> the good news at this time is that this is an isolated event, isolated to aurora. but it does raise the concern at other locations around the country. the reality is you can't protect everything everywhere all the time. but each of these incidents, you try to learn ways to improve your ability to protect your location. certainly after columbine, that horrific tragedy a number of

years ago, police departments around the country significantly improved the strategies and techniques they had in place, as well as improve their response to that type of incident. similarly coming out of this one, that will also occur. the best prevention is, in fact, information, trying to get intelligence -- if somebody was aware that this young man was making comments or statements or giving any indication at all of some type of action like this, we would hope they would have passed that along and it might have been treated with some significance by people who heard it. >> weigh in, if you will -- >> you can't protect everything all the time. >> weigh in if you would on a question that my partner, ty, posed to one of our earlier guests. some of the confusion apparently in this particular incident came from the fact that a number of the moviegoers were dressed up in costumes as they frequent do at premieres like this. so it made it very difficult for them to determine whether the suspect in question wasn't just

one of the other moviegoers. it seemed to delay people's response. do you think that movie theaters should restrict people dressing up in costumes and that sort of activity at big events like this or not? >> that will be something that will be evaluated. my own sense is that will not occur. the idea of costumes are integral to many events in our country, whether it's halloween or other types of festivals and festivities. again, when you have these incident, you try to learn from them. but you're not going to basically shut down the way we live in your democracy. so in terms of, are there things that might be done at these very high-visibility-type of events, implement metal detectors, additional security, certainly. but the reality is this thing is playing at over 1,000 theaters around the country, if i understand it. aurora, colorado, certainly the site of a very significant incident a few years ago, the

fact that it happened there again, could have happened at any one of those 1,000 theaters around the country. >> when people go to lakers games or yankee games, there is a police presence there. those are large crowds. those could be inviting targets for people with sort of terrorism in their mind or for a deranged individual. do you think that movie theaters ought to have a much more visible uniform police presence beyond whatever uniformed private security they have? is that called for now? >> it is not called for now. many of those stadium venues have the ability, the size of their crowds basically allow them to offset the very significant cost for security. but i attended a theater in hampton bay that the capacity in the theater was about 50 seats. there's no way in the world that that theater could afford to have a full-time police officer. they have many showings during a

day, seven days a week. at one such as last night, possibly. but from a cost standpoint, it is not practical for movie theaters to have full-time police officers or even enhanced security, oftentimes, they just could not afford it. >> bill bratton, thank you very much. we appreciate your perspective on this event. >> thank you. pleasure being with you. bye-bye. as you know, we are waiting for the news conference which is going to take place in a short while. as you can imagine, there are an awful lot of facts that need to be gathered and we will bring you that news conference when it does begin. it was scheduled to begin at about 1:30. they are still putting together the team to talk about that. and we'll bring that situation when it -- bring you that live situation when it kouz does occur. to the markets now and jackie deangelis who has a market flash for us. >> an update on baker hughes. up big today on a 30% increase in second-quarter profit.

baker hughes is a key customer f for gardner denver up. gardner denver reported yesterday. those are two stocks on the move today. >> thanks, jackie. as we continue here on "power lunch," geopolitical risks overhanging the market. one power player is going to join us and tell us where she sees investment opportunity right now. but first let's take a look at how the u.s. markets are trading right now. they are trading lower the. the industrials off 118 points. the s&p down 12 points. and nasdaq down 32 points. more than 1% at 2,932. and the russell 2000 down at 792.27. [ male announcer ] eligible for medicare?

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from an overall positioning standpoint, we've been very overweighted u.s. stocks furs international developed or emerging market stocks. within the u.s. equity market, we're looking at very large cap global u.s. companies that have far and wide-reaching businesses, very strong business and strong cash flows. >> do dividends matter? >> dividends have provided a real burden for investor this is year. when the market is risk-on, for instance in the first quarter of this year, dividend-paying stocks actually underperformed as investors searched for a little bit more beta in their portfolio. that being said, though, second quarter, as we've seen a little bit of a rollover in economic activity, investors have once again flocked towards those tried and true dividend plays. >> another place you're overweight is high yield.

explain it. >> especially with the zero interest rate environment, one of our emerging theme, especially given what happened in july with this coordinated global central bank easing policy is that we're going to be in this environment a very low zero rates for foreseibel future. given that, investors are really paid a pretty attractive risk adjustment premium. gi we see default rates staying relatively manageable. >> overweight would mean what percentage in a typical portfolio compared with what under the more normal circumstances? >> it's within our fixed income sector where we have taken a relative underweight in investment grade bonds. and we've taken that and allocated it to the high-yield sector. the reality is we like them more. on a risk-adjusted basis. on the investment grade side,

some of the rates that some global high-quality u.s. companies are paying investors right now on the fixed income side are very low. >> you mentioned the global central bank moves that we saw earlier this month. there's a big expectation that the fed might undergo another quantitative easing. does that matter to you? would you like to see them do that, or do you think that we can kind of bounce along the bottom without a q.e. 3? >> i think it's been very helpful to know the fed stands ready to act, should we see any more meaningful economic slowdown here. i think chairman bernanke was very specific in his comments earlier this week about his intent to stay on the -- at the ready to do so. i think it's a difference between the economic impact and the capital market impact. from an economic perspective, i don't think that fed policy at this point is going to be successful in reenergizing the economy. but from a capital market perspective, i think it encourages taking on risk. >> katie nixon, thank you. after the break, we're going

to go out to aurora, colorado, and the press conference that has been expected all hour is about to begin. this is mayor steve hogan of aurora, colorado. let's listen in as the press conference gets under way. >> so obviously there are no words that can express the

intensity of this tragedy. our hearts are broken as we think about the families and friends of the victims of this senseless tragedy. really one thing -- i hope people can keep -- this is the act apparently of a very deranged mind. this is a safe city and a safe state and a safe country. and we need to recognize that we can't allow people that are aberrations of nature to take away the joys and freedoms that we enjoy. and, again, for the victims and their families, they should know that president obama called mayor hogan this morning and then called me. i think his words are the same. there's not one of us that

doesn't read or hear of this story, certainly anyone who has children, and think about it being your child in that movie theater. or your cousin's child or your neighbor's child. and that reality makes the pain and the grief too intense for words. but we can't let it keep us from our lives. so we -- colorado's always a state that's come together and supported the entire community. aurora is one of the great cities not just in colorado but in this country. and they will, without question, they have the right leadership in police chief oates and mayor hogan, that we will come back stronger than ever than this, although it's obviously going to be a very hard process. with that, i'll turn it back to mayor hogan.

>> thank you, governor. clearly, this is a tragic day for this community and for this city. but as tragic as it is for the community and the city, it is an absolute horror for all of those people who are in those theaters and their families. our hearts go out to them. we will always wish that no matter how much we do now that we had done more. we need to thank everybody who responded as quickly as they did, the police department, the fire department, the hospital staffs and the emergency rooms,

everyone who addressed this situation deserves to be thanked. i want to thank also all of the jurisdictions in the metropolitan area that have contacted me this morning, offering whatever help we need, whether it's from denver or arapahoe county or the state of colorado or the united states governme government. we've taken a blow today, but we will get back on our feet and we will move ahead. if i can say anything to our citizens and particularly to those folks who have kids, no

matter whether they're small or teenagers, it's to talk to them, talk to them. they're going to feel this and it's going to come out. and we have to do our duty as parents and as civic officials and as caregivers, whether it's aurora mental health or any other organization, we've got to talk to our kids, let them now that this is an isolated instance. it's tragic. it's horrible. but it's isolated. and we've got to talk about it. it's a tough day. i'm joined back here by a number of the aurora city council members, state senators, state representatives, other members of the community. we will all come together.

we'll survive this. but there's no around it. it's tough. you can't have that many people die and that many more people be injured in an absolutely senseless situation and not see it as anything but tough. with that, i'd like to introduce police chief dan oates. chief? >> thank you, mr. mayor. also joining me here today is the united states attorney, john walsh for the district of colorado. mr. jimmy cohen, special agent in charge of the fbi in colorado and carol chambers. i will give you a briefing. i'll ask district attorney chambers to make some comments and mr. ucone from the fbi. i have a lot of notes here. there's a lot of information to impart to you.

our suspect's name is james eagan holmes. middle name, e-a-g-e-n. last name, h-o-l-m-e-s. date of birth, 12/13/87. he sides at 1690 paris street in aurora, apartment 10. i'll be discussing the situation at his apartment in a few minutes. his history with the aurora police department is one traffic summons for speeding in october of 2011. we have no other criminal history on mr. holmes. this event began at 00:39. so 39 minutes after midnight, the first calls came in to 911. i'm told by a colleague, you could describe it as hundreds of calls coming in. within roughly one minute to a minute and a half, police officers were on scene and apprehended mr. holmes in the back of the theater.

there were approximately 25 officers on scene within minutes. they spent besides searching the theater a good portion of their energy on taking victims and placing them immediately in police cars and driving them to local area hospitals. in the end, with the assistance of our colleagues and law enforcement in this community, there were around 200 officers on scene here. mr. holmes was apprehended outside his white hyundai parked in the back of the theater. and he was apprehended with three weapons in the car. and one was left at the scene inside the theater. the weapons are as follows, assault rifle, a remington 12 gauge shotgun and a 40 caliber glock handgun. we believe those three weapons

were used in the scene. and another 40 caliber glock handgun was found in the car. we're not sure if that was also used in the scene. i imagine i will be asked how many rounds were fired? my answer is, we have no capability right now of calculating that number. there were many, many rounds fired. our best available count on inju injuries as of right now is that 71 people were shot and that 12 are deceased. two died at area hospitals, and ten are deceased in the crime scene at this time and we are making best efforts to identify and remove those ten. there are many critical patients and i'm not in a position to give you any update on the 59 who were injured. we believe that as part of this assault, mr. holmes set off two

devices to distract the crowd. they ignited in some form and released some sort of irritant or smoke. and renault that his car was parked nearby in the back. victims were taken to six area hospitals, university of colorado hospital, swedish hospital denver health, rose medical center, the medical center of aurora, children's hospital and parker adventist. we are not looking for any other suspects. we are confident that he acted alone. however, we will do a thorough investigation to be absolutely sure thats that the case. but at this time, we are confident that he acted alone. during a shooting in the one particular theater, theater number 9, some rounds dehn penetrated into an adjoining theater. and we know at least one person was hit inside the adjoining theater.

the suspect was dressed all in black. he was wearing a ballistic helmet, a tactical ballistic vest, ballistic leggings, a throat protector and a groin protector and a gas mask and black tactical gloves. we had over 50 detectives respond to the scene, including the 150 to 200 police officers and deputies and over 50 victim advocates to work with family members. and all our federal partners are here and we deeply, deeply appreciate their help. we've asked the community if there are any tips, any observances, any witnesses to this event that we haven't already contacted, that they call our tip line, 303-739-1862. in addition, for those in the community who feel traumatized by this event, we have a hotline being offered for aurora mental he