tv After the Bell FOX Business May 10, 2017 4:00pm-5:01pm EDT
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will come back to rear its head once again. jeff sica, circle square. [closing bell rings] the dow was down 91 points. it is closing down 31, but nasdaq, you can call that a record, fourth in a row, up about eight points. david and melissa, you have some big earnings coming up. melissa: dow sinking in the final moments of trading in the red for the second straight day. not so with other major averages with nasdaq closing for a brand new record high for the fourth day in a row. i'm melissa francis. david: when we started out thinking the comey business uld send markets tanking. they certainly didn't do that day. i'm david asman. thanks for joining us. this is "after the bell." we have a busy hour. we're waiting first quarterly report from parent of snapchat. president's sudden firing of fbi director james comey sending a lot of shockwaves through d.c. yes, sir -- questions remain about timing of it all.
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democrats look for special prosecutor to look for links between russia and trump campaign. links for which the cia, dni say there is no evidence. a lot more for this. how about for timing. russia's top diplomat is at the white house today meeting with president trump. details what was discussed coming. former ambassador john bolton, former deputy fbi assistant director danny coulson, senator john kennedy and howard kurtz and mike huckabee. melissa: that is a lot. s&p five finished higher as well today. lori rothman at new york stock exchange. lori, what was going on with the dow? >> basically point the finger of blame at disney and boeing. disney reported 24 hours ago, it was a big disappointment with espn and declining subscriber growth. boeing is halting 737 max
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flights for engine inspection. also making news today, oil prices coming way, way down. oil in srage we learned selling for fifth straight week. largest weekly decline all year. inventories declined by 5.2 million bears. crude prices climbed up 3.2%. 4.38 dollars. inventories, down, crude prices were up, just to be clear on that. deal buzz at teenage apparel company abercrombie & fitch. potentially buyers could be express or american eagle outfitters. you recall earlier coach buying kate spade. we're seeing consolidation in apparel industry. abercrombie & fitch shares way up more than 12% today. send it back to you, help you report on some earnings. back to you. david: while washington is reeling, markets seem to shrug it all off, the coal my controversy that is.
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the-comey. treasury secretary steve mnuchin mnuchin and economic advisor cohn holding a listening session with senators today. house speaker paul ryan is in ohio holding a roundtable with local businesses. both events is centering on tax reform. joaning me jonathan hoenig capitalist pig hedge fund, fox news contributor, and john petrides, point view wealth management. john, why didn't comey's firing not speaking the markets today? >> i'm glad investors saw this as noise. stocks are discot ofure cash flows. not like disney is down because comey s fired. the investors are focused on the health care bill more than anything. david: we have snap earnings numbers coming out, first time ever. cheryl casone is looking into the numbers. what do they show? >> they're pretty rough. the stock is down 10% in after-hours trading. the first earnings report as you mentioned, they lost at this point 2.31 a share, a loss of
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2.31 a share. that is pretty rough. revenue 1,149.6 million. the estimate was a loss of 19 cents. they lost $2.31 a share. 2 billion of the losses attributing to stock-based compensation expenses. because this is brand new company went public, employees and initial shareholders jumping in big. active daily users, important number to see, jumped 36%. 166 million. the only number we have to go off of guys, for snap was 158 million from 2016 now they're up to 166 but nobody is liking this report right now. david: not at all. after-hours the stock is down 15%. melissa. melissa: here now is amish shah, and sierra and we have make offices cheap marketing officer. thanks to both of you joining
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us. i start with you, that is a huge miss. they were looking for a loss of 19 cents. instead a loss of $2.31? are you kidding? >> i will go with snap, crackle pop. that is my theme. everybody with snap with the big ipo. went up 44%. traded 5% lower. now took a big drop. look at crackle, facebook did same after first earnings report. went down 11%. twitter went down 24%. the difference between the two and snapchat where i get into the pop, facebook popped back two quarters later. trading four x where it ipod. twitter went down and never recovered. a third of the ipo. the pop in snapchat is in the future. i'm a big fan of the founder, evan spiegel and products, everywhere they're going for the country in the future the i'm still bullish long term. melissa: really? shanna, active daily users up
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36% is that good enough to make you feel good about this? >> it's a good jump, one number and bar i was looking at and many others in the tech world looking at, 200 million number facebook touted last month about how many people were on the facebook stories competitor to snapchat. and i don't think it got quite close enough to feel as comfortable as we would have liked. >> jonathan hoenig still with us as well. jonathan what would be your first question on the call? >> why is this stock so sick, melissa? at the time nasdaq think 31 new highs this year, netflix all-time high, today why is this big name so weak at a time it should be breaking out? the number i follow is the tape, the market itself. with this collapse after the earnings, the stock is right near its 52-week low. my fear will see not unlike facebook, a very hot ipo, very weak follow-through. keep in mind, that was a harbinger of the top back in march 2000.
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all the ipos have been exploding. is especially at aime th market so calm, vix so low, this is worrisome sign for stocks. melissa: hang on one second. i do want to hear that cheryl casone has a little more color. cheryl, what do you have? >> not good. cash flow negative, $130 million. cash flow negative. one thing we learned about snap in the first filing before the stock started trading they're paying out huge contracts to other technology companies. that is really hurting them. cash flow negative, 173 million. they're stuck in contracts with large silicon valley companies. they can't get out. that is hurting bottom line. melissa: twenty-first century fox with third quarter results. breaking news. lori rothman on floor of new york stock exchange. lori, break it down for us. >> let me give you the headline. twenty-first century fox of course, parent company of fox business network, says it is confident its deal to purchase sky will be approved by the end of this year.
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there is that. i know a lot of analysts were curious to get any update on that. they were skeptical they would. time frame on the sky deal is key. let me give you numbers, shares in the extended session are falling so a little bit of a disappointment. let me show you why. earnings per share on adjusted basis better than expected, 54 cents on 48 cents expected. revenue,7.56. much weaker than the $6.63 billion the street was looking for. however in terms of revenue we're seeing growth this time last year. films unit declined. there was a difficult comp because this quarter last year twenty-first century fox had "deadpool." that was a huge box office success. they didn't have anything to match up to that. cable grew. i continue to look at numbers for you to dig down further. melissa: lori, thank you. thanks so much. thanks to our panel as well.
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delay and obstructs. they used firing of jails comey to walk out on routine committee hearings, raising questions speed which health care reform move through the senate. joining me republican senator from louisiana, john kennedy. so they're calling off health caremark-up, everybody needs to protest what is going on? you know people looking for health care reform and tax reform that is worrisome. what do you he think happens? >> i was afraid this was going to happen. so long as it is lawful the president of the united states can fire anybody who works for him. i am sure the president had his reasons. i had been worried for some time about mr. comey's ability to lead credibly the investigation of the russian influence in our elections. a lot of americans lost confidence in him in the way he led the investigation regarding secretary clinton's. mails. i was scared it was going to
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bleed over in the russian investigation. let me finish my thought, having said that. the the white house timing was less than impeccable. there. is another way putting it, their timing sucked. it gave ammunition to our enemies. and, you just don't want to lead with your chin. melissa: yeah. >> now the president can fix all this but he is going to have to find a neil gorsuch-like new director of the fbi. his next selection may be the most important selection he makes over the next four years. if we get somebody really good, like neil gorsuch type to head the fbi, this will all go away. if he doesn't, it will not go away. you're right, it is distracting us from important issues. i'm not saying the russian investigation isn't important. i said we need to do it fully and thoroughly.
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melissa: right. >> and transpair rently. so is tax reform and infrastructure and so health care. this is distraction. melissa: there was supposed to be a markup on health care. it didn't happen. will it happen tomorrow? >>. i hope so. shame on our colleagues. i say that gently. i say shame on our colleagues that is what happens when you lead with the chin. melissa: do you know about tomorrow?w. the democrats are not sharing their strategy with me, you are rpriserr to learn. i hope so. we have a lot of important work to do beginning with health care. melissa: how do you get things back on track? there is, between this and tax reform, there is a lot of work to be done? >> i'll tell you how we get it back on track, the president needs to nominate someone for director of the fbi and he needs to do it quickly.
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he needs, it needs to be the sort of man or woman that most americans will look at say, that is a good choice. that is a heck of a choice. melissa: give me some names? >> that is my place. i have my own thoughts. i don't want to jinx anybody. that is up to the president. he needs to do it pretty quickly, he needs to nominate a rock star. then this stuff will go away. melissa: senator kennedy thanks for your time. good thoughts. we appreciate it. >> thank you. melissa: david. david: i a pleasure to hear from him. i love his common sense. melissa: plain-spoken. david: talk a lot about tax cuts, bill clinton, in the middle of the whitewater investigation lowered capital gains from 28 down to 20%. even with an investigation like that you can still get tax reform. you can do it. melissa: there you go. david: think things are tough in washington, check this out, another brawl on another plane. latest in series of disturbances involving domestic airlines.
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details that led to an arrest. you want to hear that. melissa: democrats crying foul over sudden firing of james comey, same people recently calling for his head. the president out with choice words for them. that will make things better. david: yeah, right. fallout and update from the white house. what it is like to be inside of the fbi right now? wouldn't you like to know come as close as we can with danny colson. he was at the fbi where the only other time in history where the president fired a director. his take how that affects the fbi coming up. >> why did he fyre director comey? why did you fire director comey? bause he wasn't doing a good job very simply. heas not dng a good job. ♪ infrastructure mlps? think again. it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfolio and add potential income. bring amlp into the game.
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snap, the parent company of snapchat of course, shares plummeting after hours. look it is down about 20%. this follow as miss on revenue, a big miss, in its first-ever quarterly results and st importantly slower than expected user growth. we'll continue to dig through the report. we'll keep you updated. melissa. melissa: the white house holding the first press briefing since the firing of fbi director james comey. fox business's blake burman was in the briefing room, and blake, what can you tell us? reporter: melissa, we heard from the president for the first time at least on camera about the firing of james comey. he said very simply, that comey in his words, was quote, not doing a good job. we got a little bit of a clarity from the white house they modified the timeline how all of it happens. turns out according to deputy press secretary sarah huckabee sanders, the president had been thinking about doing it six plus months. sanders earlier today the president has been considering firing comey since he was elected back in november. sanders saying that there was
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quote an erosion of confidence as it related to comey ever since then in the last several months. that the president made the final decision to fire the former february by direct or ton tuesday after the -- director on tuesday after deputy attorney general rod rosenstein essentially said that comey bungled the way he handled the hillary clinton email investigation. one thing the white house would not support going forward according to sanders is independent investigation from special prosecutor which is what democrats are calling for. chuck schumer, top democrat in the senate on the senate floor today called for just that. as you know, melissa, democrats partly blame comey for hillary clinton's election loss, and i asked sanders about the democratic reaction today to the firing of comey in which she called, quote, the purist form of hypocrisy? >> quite a crowd. >> slow news day. >> so i have heard. good afternoon, everybody.
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as most of you i think know, sean is on reserve duty for the rest of this week so i will be briefing you today. reporter: clearly the wrong sound bite. what sanders told me, that democrats have been wanting hillary clinton to be fired, that if hillary clinton had been elected, president, rather, james comey would have been fired on day one. they would have been dancing in the streets for this reaction. clearly they find some differences with how democrats are reacting. the president weighed in on this by the way, melissa, moments ago, tweeting out the following, quote, dells have been complaining for months and months about director comey. now that he has been fired they pretend to be aggrieved, phony hypocrites. that part of the message from sanders in the the white house s briefing as well. melissa: phony hypocrites in washington, what? i can't believe it! blake, thank you. david: hypocrites is not enough. they had to be phony hypocrites.
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danny cowles son, former fbi assistant director. great to see you. go back to the july 5th presser comey laid out the case for hillary's gross negligence with regard to her emails. before we get into the substance of that press conference, just the look of it really bothered a lot of fbi agents. here's what rod rosenstein said, he is the guy that came out to the report that led to the firing of comey. we do not hold press conferences to release derogatory information about the subject of a declined criminal investigation. it is a textbook example of what federal prosecutors and agents are taught not to do. is that true? >> absolutely. you know the whole thing should have been done by a grand jury. if we remember, the department would not let the fbi have a grand jury. had it been done by a grand jury we have rule 6 he-e constitutes secrecy. nothing would have been released.
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if the grand jury indicted or not indicted nobody would have known about it. that is appropriate. david: everyone agrees the style was awful, but substance of this meeting he announced there was not enough evidence to indict, rosenstein said about the following, career guy from justice department, wrote the report that led to comey's firing, the goal of federal investigation is to determine whether there is evidence to justify a criminal prosecution. then allow a federal prosecutor who exercises their authority delegated by the attorney general to make a prosecutorial decision. then if prosecution is warranted, let the judge and jury determine the facts. comey did not do that. he went completely around the justice department, to which you say? >> he didn't have the authority to do that. if he wants to make prosecuting decisions, stay at the department of justice. the fbi does not do that. it is pounded into our head from the time we enter a cadded my.
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our job under the -- academy, develop information and facts to give it to judicial process whether united states attorney or someone else. that was not his job to dot. i think that was his major failing. david: danny, people looking to a possible successor. names are being listed, i want to ask you to chime in. the question democrats are asking if there is a fbi investigation, president says there is it not an investigation against him but if there is some investigation going on, will it continue to go on he despite a new director, even if the new director has republican conservative leans? >> absolutely. i did the iran-contra investigation. i voted for ronald reagan. i admire the national security council. i investigated that case and our agents did with great vigor. doesn't matter basically what the political process is or what's going on. all they want to do is find out what happened, report it to the property authority and move on. it will not affect that
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investigation one scintilla. david: by the way, giving me a wrap, you were there when sessions, william sessions was fired. did that disrupt fbi operations at all? >> not one bit. i was deputy at the time. it did not, i talked to the director every day. it didn't affect everything we did. we have a job to do. we know our mission. the fbi is very professional organization. we're going to do it. david: god bless you and your service, danny coulson, thank you for being here. appreciate it. melissa: the mainstream media latest freakout, why the liberal press is in full-fledged panic mode following james comey's dismissal. howard kurtz will weigh in. president trump meing with russia's foreign minister today. why critics slamming timing of thisting. next, ambassador bolton sounds off. ♪ break through your allergies. try new flonase sensimist allergy relief instead of allergy pills. it's more complete allergy relief in a gentle mist experience you'll barely feel.
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than 21% down, now 22%. posting more than $2 billion loss in first quarter as a publicly traded company. the company says average revenue for user fell 14%. more as it comes out. melissa: slammed for timing, one day after the firing of fbi director james comey. the person overseeing the investigation into alleged russian collusion in the election, deputy press secretary sarah huckabee sanders responding moments ago. >> these are meetings that have been on the books for a while. they didn't just happen this morning. i think frankly the saddest thing is the democrats are trying to politicize and take away from something the president should be doing. he should be meeting with the foreign minister. melissa: here now is ambassador john bolton, former u.s. ambassador to the u.n. and fox contributor. sir, thank you for joining us. what do you make of this?
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seems like unfortunate timing. on the other hand, if they fired comey tomorrow, they would say, the russians were in the white house yesterday. they must have told them to do it. what do you think about the timeing? >> think when people start criticizing timing of something like this, what it shows is they don't want to talk about the substantive reason for the firing itself, which is extremely important. and that is the rule that prosecutors either indict or they closed the file. they don't have a general writ as national nannies to comment on hillary clinton's behavior or your behavior or my behavior. prosecute or close the file. and comey's violation of that rule in my view justified firing him on january 20th, and honestly in terms of the timing, every day after january the 20th got a little bit worse. all this talk about, well, they had a meeting with the russians, they have meetings every day. if trump had waited another 90 days to let the investigation go on, he'd be 90 days deeper into the soup.
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i think here's a revolutionary thought. when you make a decision, you execute it. how about that for timeing? . melissa: yeah, and you say prosecutors are supposed to prosecute or close the book. he's not supposed to prosecute. he was supposed to investigate and hand it over. >> this is wrong in so many respects. july 5 news conference was wrong. the letter to congress was wrong. october 2nd letter to congress was wrong. it was wrong for him as was reported widely on the hill to request additional resources for the russia investigation and brief the hill he made the budget request at the department of justice. the fbi is a subordinate agency of the department of justice within the executive branch. i'll tell you another rule we had in the executive branch, budget deliberations with congress. comey was out of control. it was about the greater glory of jim comey over and over again. i'll repeat, he should have been fired january 20th. melissa: what now?
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let's focus on the russia investigation for a moment. what do you think is the best way to investigate, clean that up, and do what's right, put it to the side and not be a distraction? >> well, the senate's going to go with its investigation, presumably the house will, that's fine. the deputy attorney general rob rosenstein is in charge, jeff sessions is recused from it. the firing of jim comey will have zero impact on the investigation. zero impact. inspector clouseau was not jim comey, not doing the investigation, the team doing the investigation will continue and that's the tway should be. the notion that you turn this over to independent counsel is a mistake, it's been a mistake going back to the watergate investigation. congress itself recognized that the concept of an independent counsel was wrong when they let the independent counsel statute lapse. it's just a way for congress to do more political interference. melissa: ambassador bolton,
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always crystal clear, appreciate your time. thank you. >> thank you. david: it's time to sit back, relax and enjoy a fistfight. southwest is the latest airline now to be in the spotlight, look at that one. time for a fullout brawl. details and more video coming up. melissa: plus democrats who called for james comey's removal are slamming president trump. the hypocrisy next. and former governor mike huckabee sounds off on comey's potential replacement.
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. david: left-wing hypocrisy, democrats blasting president trump for firing fbi director james comey, even though it wasn't so long ago they were questioning comey's credibility. listen. >> when i heard about it, i found it hard to believe that comey, who i thought had some degree of integritiy would do this. >> i think he made a mistake on this, and he clearly has a double standard. in this job, if you're not in it for a while, you can't take the heat, and i think he couldn't take the heat from the republicans. >> the president citing the mishandling of the clinton e-mail investigation the reason, the democrats are not willing to accept that. listen. >> there is little reason to think that mr. rosenstein's letter is the true reason that president trump fired director comey. we know director comey was leading an investigation into
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whether the trump campaign colluded with the russians. a serious offense. were those investigations getting too close them to for the president? david: president trump responding to the apparent hypocrisy tweeting out -- here now is br blakeman, former senior staffer for former president george w. bush and capri cafaro, former ohio state minority leader. you are an honest politician, aren't many out there. even though you are a democrat, must make you think the democrats don't have a leg on with regard to criticizing trump for firing comey. >> look, certainly democrats have criticized comey like the shoe being on the other foot. they were upset when it wasn't suiting them and donald trump and candidate trump at the time depending on the six stance with james comey was either singing his praise or ridiculing him as well.
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jim comey injected himself into the political discourse which is highly unusual for someone of the caliber of law enforcement professional. you know, i would say that had president trump been concerned about that conduct and the way that he said it, about hillary clinton's e-mails, you would think he would have pulled the trigger and released james comey of duties in january. david: maybe he wanted to give comey a chance which is what rob rosenstein and others had to say. brad, you're hearing the watergate allusions. >> unbelievable. david: two big differences with what happened in watergate. first of all, watergate was a crime. the fbi was investigating a criminal break-in of the democratic national committee. so far as we know, the only crime here is that somebody was leaking stuff, and probably was somebody against trump. the other difference that the osecutor fired by nixon was investigating nixon. >> right. david: right now, according to
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the president, at any rate, comey is not investigating president trump. how does president trump prove that or can he? >> well, he's going to prove it through time when we have the conclusion of whatever the fbi is looking into, but one thing's for sure, democrats can't have it both ways. if comey was incompetent and cost hillary clinton by hillary clinton's own allegation the election, then he's incompetent to investigate republicans. why is he not able to investigate democrats but he's able to investigate republicans? donald trump made the right decision, he did it from informed decision. we didn't have a deputy attorney general when donald trump was sworn in, but we have one now and he did a thorough investigation, internal, and presented it to the president. david: we just had john kennedy on, another one of the rare entities, unlike capri, he's a republican. he said maybe we should have an investigation, because there's too much smoke here. >> we are going to have
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whatever investigation the fbi is doing now. david: independent investigation? >> no. >> why not? >> what's wrong with the town? shirk the responsibility of elected officials onto nonelected people to the people in the congress has the power and the obligation of oversight, they're elected, directly responsible to the people. it is their job. david: 20 seconds to respond. >> t separate investigations happening, one on the senate intelligence committee and one that supposedly director comey asked for additional resources just a few days before he was released looking into the russian investigation by the fbi. one by law enforcement and one by the congress. so both need to go forward and need to be fair. david: capri and brad, good to see you both nodding yes. thank you very much for coming in, melissa? melissa: the mainstream media pushing a narrative for why he fired fbi director james comey. >> a grotesque abuse of power by the president of the united
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states. >> a little whiff of fascism tonight is fair to say. >> absolutely. >> a little whiff of i don't care about the law, i'm the boss. >> timing looks like it's connected to russia no matter what the president says. >> i get the talking point on this. >> it's not a talk point. it's a distraction. it's not a talking point. >> that's what you want it to be, i get that. melissa: wow, okay, here now to react is howard kurtz, "mediabuzz" host and a fox news media analyst. one that got me the most, howard is from the "new york times" editorial board. to me it's one thing to be opinion talking head at night on cable, but for the "new york times" editorial board to say mr. comey was fired because he was leading an active investigation that could bring down the president. there are so many leaps within that statement that are shocking and provably false because he was leading an active investigation. what about all of the things he did wrong up until then? whatut allhe calling for
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him to be fired over what he did to hillary clinton? and suddenly all of that is a nonevent. it's amazing to me, what do you make of it? >> at least that's on the editorial page. look, this is a huge and explosive story in washington, and some journalists are raising perfectly legitimate questions why the president took this action now and all of that. having said that, the -- it goes well beyond a few commentators popping off. we have new york's daily news putting the word coup on the front page. another newspaper chain talked about trump acting like a dictator. a big enough story, you don't have to hype it, rush to judgment and be unfair to the president in a way i see too many outlets doing. melissa: we've barely gotten into this president's term, and everything sort of an 11 on a scale of 1 to 10. so everything is a hysterical 11, nothing is. you know it's every single thing he does he should be
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thrown in jail for, kind of loses its meaning, doesn't it? >> absolutely. that's one of the things. i think this is an important story, it's not an 11 but up there on the number scale, but when you have the breathless reporting about every allegation about he goes his golf courses too often and is that fair? it becomes noise for a lot of people. when something big happens, it is rather unusual, the circumstances which he fired the fbi director, it sounds to a lot of people, particularly trump supporters, 's the media again, not giving is president a fair shake. melia: howard, it feels like the media has gotten so bifurcated now between when you watch, like you're watching two different countries as you're watching different channels. do you see that going back or changing any time soon? >> i think the media will reflect the hyperpolarized society which we live, but doesn't break down along left/right lines. conservative commentators didn't like the way the comey
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firing was handled at least. you have people mostly on the left, some on the middle and some on the right who opposed trump during the campaign who will not give him a break on anything. criticism is fine, aggressive interviews are fine, but this coverage in the last 24 hours is over the top in many respects. melissa: can't wait to see you sunday. >> a lot to work with. david: the phrase the sniff of fascism. melissa: it's great. david: snap finding no bottom. it's down 25%. over 25% after-hours. the company reporting a net loss of $2 billion in first ever quarterly report, uh-oh. and slower than expected user growth. the company yet to generate profit as it relies on venture capital and proceeds from $3.9 billion in public offering. not doing well right now. melissa: the battle for 2024, the latest city vying for the chance to be the home of the summer olympics? that's next.
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discover how we can help find your unlock. . melissa: los angeles officials are trying to woo the olympic committee this week, saying financial plan would make the 2024 games the most affordable olympics in decades. fox business' hillary vaughn is in l.a. with the details. everybody thinks they're going to make money on this and ends up not working out like that. hillary, tell us. >> reporter: hi, melissa. that's right, fewer cities want to host the olympics because they don't want to foot the bill. the ceo of the l.a. campaign for the summer games said he can make the city money off hosting the olympics. they need about $5 billion to cover the cost but say they don't need taxpayer money to cover it. one third of the revenue will come from the olympic committee and sponsorship agreements
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rest from marketing and ticket sales, they have 12 million seats to fill for the events. they won't build cash building extravagant venues, they are going to use venues that already exist to host the event. >> l.a. has tremendous infrastructure to host the olympic and paralympic games, ll exists today,r it's planned or will be by 2024 and don't have to spend money to develop it. it's the safest possible answer for the olympic movement to choose l.a. >> reporter: and melissa, los angeles has done to before, in 1984 they host the olympic games to turn a profit and can do it again in 2024. melissa? melissa: we will see, thank you. david: back to lori rothman at the stock exchange with more on twenty-first century fox earnings. of course the parent company of this network. go ahead, lori?
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all right. trying to get an update. melissa. melissa: policeman's shockwaves sent through the fbi as they search for a successor to james comey. former governor mike huckabee with the candidates best for the position. hi, i'm mindy kearns. it's great to finally meet you. nice to meet you too. your parents have been talking about you for years. sorry about that. they're all about me saving for a house, or starting a college fund for my son. actually, i want to know what you're thinking. have a seat. knowing that the most important goals are yours. multiplied by 14,000 financial advisors, it's a big deal. and it's how edward jones makes sense of investing. brtry new flonase sensimists. allergy relief insteaof allergy pills. it delivers a gentle mist experience to help block six key inflammatory substances. most allergy pills only block one.
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. melissa: let's go back to lori rothman with more on twenty-first century fox earnings. what are they saying on the call? >> reporter: we're listening to the conference call, just to set the stage a little bit. twenty-first century fox, the owner of course of fox business network shares extended session are down. film studios declined 3% and fox broadcasting mixed results,
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rupert murdoch said fox broadcasting mixed results are frustrating for us all and the problem is that we had no comparable blockbuster hit like "deadpool" which came out this time last year, but looking forward to having a "deadpool 2," that should lift up the film studios unit. in terms of the broadcasting, the super bowl contributed $500 million in advertising revenue, though local ad revenue has been very soft. that's a disappointment according to murdoch on the twenty-first century fox conference call still going on. they're starting to take questions. back to you. melissa: thank you for that. david: with the firing of fbi director james comey. a list of potential replacements floated by current and former officials with some of the names among them. former new york city police commissioner ray kelly. republican congressman from south carolina trey gowdy, former new york city mayor rudy giuliani, former new jersey governor chris christie and
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former milwaukee sheriff david clarke, former arkansas governor mike huckabee joining us now. do you have a favorite on that list? >> you know, i don't know, i don't think those are the names that are going to be the consideration for fbi director. my guess is it's somebody with a real fbi background, justice department background, and even though you had people like trey gowdy as well as rudy giuliani and chris christie, all u.s. attorneys, i'mot sure that they're going want to to put someone that political in the position because they got to get them through the senate, and that's a heavy lift given the atmosphere. david: ray kelly is not a politician, he almost ran for mayor of new york. what about him? he's 75. he's a little old. >> and i think that's going to be a factor against ray kelly. great guy, terrific police chief in new york, very innovative. this is a job that's going to require an extraordinary level of sort of futuring for the fbi.
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they've got a lot to overcome after james comey, and it seems to me they're going to want to put someone in that has all of the vision and the vigor that a younger person will have. nothing against ray kelly. he might be terrific but i think it's going to be a name that is not a household name. not well known except within the ranks of the fbi and someone they have confidence in. david: let's talk about the democratic outrage over the firing of comey. the firing comes after a week of bitter hillary clinton blamed comey herself for her election loss, so there's a lot of hypocrisy. that kind of led the white house or the acting white house press secretary to say the following about what hillary clinton might have done if she'd been president. listen. >> if hillary clinton had won the election, which thank god she didn't, but if she had, and she had been in the same position, she would have fired comey immediately, and the very democrats that are criticizing the president today would be dancing in the streets celebrating. david: now, of course, governor, nobody ever accused
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you of bias, i know this swm a republican, and somebody is telling me that you have a relationship with her. [ laughter ] >> are you proud of this woman? does she have it right? explain. >> i think she has it absolutely right. she is so brilliant, and i say that with the same objectivity with which most of the other news networks are reporting on the donald trump presidency. so there you go. [laughter] >> no, i'm not objective. david: say area could be -- >> i think sarah nailed it today. david: she's your daughter, congratulations on that. >> she is my daughter. she may not be that happy about it, but i'm quite proud of it. let me tell you what she nailed today. david: in 10 seconds. >> all right, that was the truth that the democrats would have been delighted with comey's firing until donald trump did it. david: governor mike huckabee, great to see you, thank you very much. melissa: proud dad. from the admirals club to fight club, prepare yourself for the
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>> one person arrested after a flight broke out on a southwest flight. >> no word on what started the scuffle, but a statement saying that the employees are trained to deescalate conflict. >> i'm not sure about that. here's risk and reward. >> it is nixonian in this since. >> the president of the united states just as occurred as 1973 precipitating nixon and a similar firing of a special prosecutor. >> the guy was stunned, and i think we're living through the stress test of this 230-year-old democracy. >> what we have now is a looming crisis that is deadly serious. >> are people going to suspect cover-up? absolutely. liz: the washington, dc scandal factory now cranking up. democrats now going full
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