joining us now to discuss all of this is amc ceo adam aron.>> michelle, ahead of a very bernie sanders supporte busy memorial day weekend, nice to be with you >> let's start with wanda. the troubles of that company, your largest shareholder, are very well documented are they affecting you in any way? >> actually, dalian wanda has been a spectacular shareholder for amc. we are completely independent companies. we trade on the new york stock exchange we have our own balance sheet. but they've been a fabulous shareholder and we're lucky to be affiliated with them. >> i guess some shareholders might be wondering, though, at what point do they monetize their stake in you, right? they have been monetizing real estate assets to deal with their debt issues and you're a much more liquid position, say, than the half built tower in chicago, for example. and if i'm a shareholder, i'm wondering, is that the sword of damacles out there, is all that supply going to come out on the market >> those are better questions asked of wanda, of course, than of us, of

recently announcing plans to expand to saudi arabia and they aren't the only ones on april eighteenth amc entertainment holdings opened the first theater in the kingdom in thirty five years in the capital of riyadh and this is just the beginning to open about forty seven miles across fifteen cities in saudi arabia just in the next few years meanwhile other theaters are experimenting with innovative concepts of their own take a look at this london based hot tub rooftop that doubles as a cinema or at the a limpia theater in greece i mean what could be more comfortable than lying in bed watching your favorite movie but according to a recent report sales aren't what they used to be since the rise of streaming in two thousand and seventeen movie theater attendance fell to its lowest levels since one thousand nine hundred ninety five industry experts say movie theaters each alert customers who have plenty of options to watch at home with a special reason to come out and in an effort to do so the nation's three largest movie chain. amc entertainment holdings regal entertainment group and cinema

with a special reason to come out and in an effort to do so the nation's three largest movie chains amc entertainment holdings regal entertainment group and cinemark holdings have each dedicated hundreds of millions of dollars to the receding efforts saying that between forty and fifty five percent of their auditoriums will eventually be renovated am see the world's largest exhibitor said that two hundred forty seven of its six hundred forty locations were out that it was recliner seats at the end of last year although take it sales haven't exactly been booming in recent years that hasn't slowed the development of these luxury movie theaters or the efforts in creating memorable experiences for their customers reporting in new york trinity chávez r.t. . if that doesn't want you to go see a movie boy i don't know what will i want to go that's all the time we have thanks for watching sure to catch boom bust on youtube youtube dot com for boom bust r.t. catch you next. level floor below you on the idea that dropping bombs brings police to the chicken or forcing you to fight the battle they'

earnings alert on amc entertainment this afternoon, leslie picker has the results. >> kelly, amc up infter hours trading. you can see there 5.5% on an earnings beat on both the top and baottom line on the earnings side, company reported .14 per share, street expected .09 revenue a beat slightly, 1.3 billion in revenue compared with estimates of 1.35 billion for the quarter. now, the company says they reported record revenue in all categories, admissions, food and beverage, and others, aided by an acquisition during the quarter, back over to you. >> leslie, thank you very much, amc holding on to a 5% gain, make >> yeah, not bad it's a cheap looking stock, high dividend yield, and considered to be secular decline, so there's a big short position that's why every quarter, things look okay, stocks look fine, it rallies. >> big reaction, 5% gain now for amc. hawaii's volcano destroyed homes already and showing no signs of slowing down, nbc's steve patterson is in hawaii with the latest for us, steve >> reporter: kelly, a state of emergency remains in place and for good reason. overnight, mo

amc and others now h.b.o. will directly sell you just h.b.o. so look our cable giants like comcast following suit or are they living in denial that we want to pay for a bunch of channels we never watch. it's all a bit of both they're definitely denials last week the wall street journal reported that in twenty fourteen e.s.p.n. did a big study and they said cord cutting not going to happen it's not going to grow it's not going continue develop the law if critically proven them wrong on that but increasingly they are starting to try to find ways to address the growing trend of americans watch their t.v. when they want how they want and they don't want to pay for only what they want and that's launched a lot of live t.v. streaming services netflix has really benefited amazon hulu and over two hundred other streaming services across the united states are currently available other than internet access why do we need the cable company what can we only get from cable or satellite like direct t.v. and dish. increasingly nothing for the bass majority of

in omaha and detroit and iowa and places like that >> and as some of the movie theater chains like amccent weeks and recent months have come out and said no way, they're not going to partner with you they're very critical of this business are you starting to see, as you get more subscribers, a shift in terms of some of these companies looking to potentially revenue share. >> yeah, i think so. we were at cinema con last week in las vegas, and i talked to theater owners who own over 7,000 screens. and every single one but one of them was send me a contract. and so, you know, you just have to stand in front of a theater box office and see how many people are holding a moviepass card so i think over time, you know, amc and regal and cinemark will see that we can be a great partner, because we're reenergizing the people who, you know, especially young people, who are saying i'll just wait for netflix. now they're saying, you know, i have nothing to lose i'll try it out at the theater >> would you expect this to weigh on netflix's streaming time >> you know, real competition is sleep, so we'

on amc. everyone please welcome julianna margulies!k fantastic, pal. welcome back. how is everything? >> i love your cookbook, yes. sorry. >> jimmy: oh, yeah. he's the best. >> yeah, it's all about the food. >> jimmy: he is, yeah. he's -- he knows his stuff. >> i know. >> jimmy: you got to get his other book, "the creative quest." you know that one? >> no. >> jimmy: oh, that's the one you've got to get. yeah. that's the new jam. >> but i keep up on the food stuff because now i have time to cook. >> jimmy: yeah. [ light laughter ] for doing a show called "diet land." and now you're doing -- >> yes. >> jimmy: you have time to cook. interesting, yeah. >> yeah. >> jimmy: how are you doing? how's the family? how's everybody? >> the family's good, really good. i don't remember the last time i was on your show. >> jimmy: yeah, probably a a couple of years ago. >> it was a couple of years ago. >> jimmy: two or three? yeah? >> it might have been three because my kid is 10 now. >> jimmy: is he 10? >> yeah. >> jimmy: is it kiran? >> kiran, yeah.

the philadelphia fed and the ceo of amc, the summer movie season and the movie pass controversy. all that and much more when "power lunch" starts in 11 minutes. don't miss because the halftim report" is back in two minutes this is my headquarters. this is where i trade and manage my portfolio. since i added futures, i have access to the oil markets and gold markets. okay. i'm plugged into equities - trade confirmed - and i have global access 24/7. meaning i can do what i need to do, then i can focus on what i want to do. visit learnfuturestoday.com to see what adding futures can do for you. >>> all right. we're back john and pete are at the telestrator. you're up first. >> yesterday we talked about jd. i'm coming back there because we had more paper -- yesterday we had two unusuals in jd alone they're coming after the september call 5,000 being bought today that's aggressive. that follows yesterday where we had all kinds of different buying of different strikes. some were deep into the money. i'm going to stick with what i've got i want today aed to add that. >> do you have anoth

. >>> the owner of networks amc, bbc and sundanc said viewer ship remains strong for many shows. shares pped 8% to $57.51. >>> the french insurance giant sold its public business. it debuted a $20 a share. that was below the initial range of 24 to $27. while the company didn't raise as much as had been expected, the ceo toldt sara eisen t believes the value of the business will be reflected in the stock price in the long term. >> i think markets go up and by and pricing is set markets. we can't control that. really what we know we have to do is run our business well, develop good solutions for clients and give good service and over the long term i think the markets will recognize that. the shares finished up nearly 2% to >$20.34. fter the bell chip maker nvidia reported a stronger than expected risend in profits revenue as demand continued to grow for the graphics chips. the company gave revenue guidance for the cuarenter above estimates. shares were initially volatile after hourshey ended the regular session up 1.5% at $260.13. >>> software company semantic reported improved ear

advantages arguably its most aggressive model it's powered by a four leader be a twin turbo engine from amc with three hundred seventy five kilowatts of output it can sprint to one hundred kilometers per hour in an exhilarating three point six seconds price tag one hundred fifty four thousand euros in germany. the arrival of the a six i bought this summer will complete audi's replacement of its entire executive range within the space of one year and the car maker has saved the best to last the a six i bought as a more refined look in the eighty eight eighty seven or eighty six sedan and in europe at least is the most popular edition. if those are comment i know likes the physical feel of cars especially sports cars the corvette is one such candidate with an alter flat nose and the super short cabin and finally the chunky rear three hundred forty three kilowatts of power put the corvette in the major league sports cars with a top speed of two hundred ninety kilometers per hour i know wonders whether porsche ferrari and lamborghini should be afraid of a grand sport. it's a sight to behold eve

world premiere of "bitter melon" will be at the caamfest36 on saturday, may 12 at 6:50 p.m. at the amcabuki 8 in san francisco japantown. for more information on the other screenings, as well as more details of the festival itself, you can go to nbcbayarea.com. and stay with us, another film that will make a big splash at caamfest36 will be the local documentary on comics and takes on diversity and stereotypes. that's next. robert: you know, it's good to support a film and arts festival like caam, but you should also go because you'll see interesting, groundbreaking work by asian and asian-american filmmakers. and the documentary film "drawn together: comics, diversity and stereotypes" is a good example. joining us right now is the director and producer of the project through her company core films, harleen singh, a filmmaker who takes on big topics including issues affecting minorities. she has worked for the history channel and the national geographic channel. and her previous film, "the odd couple," has been well received at festivals around the world. welcome to the show. harleen s

amc networks reported strong profits and revenue, that's not going extraordinary well.and stock is under pressure. meanwhile they reaffirm the outlook for the full year. wall street likes that year. was up two dollars earlier today hanging on by a thread. in a contentious hearing for cia director nominee, a lot of questions about the use of enhanced arrogation on terror suspects. former dick cheney weighing in on it saying waterboarding works. you will hear it just moment. resident trump, very early this morning greeting three americans were held hostage, held prisoner in north korea. they arrived back on u.s. soil. special report post on this big victory ♪ ♪ ♪ ♪ local yes. yes you do. a kohler walk-in bath provides independence with peace of mind. i'm nicole with your foxbusiness brief. apple stock goes to a record high. you are looking at a new record close as well practice would be the fifth record close in a row. the stock is at 189 and 50 cents. the big news on apple is that they plan to sell video subscription through booktv app. it will allow you to have access t

amc announced they would do 100 theaters with a private wealth fund.nema in china but there has been one screen for a while, the imax screen at the science center. we have brand recognition. we opened the first commercial imax theater two days ago in saudi arabia. amc.e in discussions with it is a good market for us and could be in the 20-30 theater range. china, we have over 500 screens open with the total backlog of probably 900. weekend, avengers opens in china and we have our highest presales in the history of the company. we signed a 30 figure deal in china. there is a lot going on. a good time to be in the imax business. mark: the dynamics fascinating because a year has gone by where the u.s. box office, now it is the non-u.s. equally important and china is so important. what will the balance look like at the box office in years to , when you0 years consider the growing prominence of chinese box office? >> even today, imax is so much of a global company. of our box office is from north america and the rest is for the other 78 countries in the wor

. >> amc networks firmer >> say again >> amc networks firmer >> a little firmer >> take it where youan get it. >> jeffries yesterday said the market is focusing on game theory rather than fundamentals. >> yes >> there's a lot in the way of this potentially compelling story down the road. >> i think june will be incredible >> regardless, you'll have a fight. disney won't back off on sky or on this. >> right >> then you'll have an endless regulatory review. we'll talk about this deal 18 months from now >> and roku confirms your -- they had great numbers >> we are talking to anthony wood later today >> are you >> yes he'll be on 11:00 a.m. we'll get cramer's mad dash, count down to the opening bell the dow is up five straight. longest win streak since february i was a c130 mechanic in the corps, so i'm not happy unless my hands are dirty. between running a business and four kids, we're busy. knowing that usaa will always have my back... that's just one less thing you have to worry about. we are the cochran family, and we'll be usaa members for life. ♪ ♪ >> we had a little workout let's

in the last couple of years the industry, you look at the stock charts, viacom, cbs, discovery nets, amc networks, these things have been dogs and there's a fundamental reason you talked about it very eloquently but within the industry itself you got competition from amazon, netflix, from all of these providers that are fundamentally challenging this industry. so, when we look at this merger and what comes out of it, it really might be, i'm sorry to use this euphemism, but the classics of two drunks holding each other up. >> but with cbs stock, they don't like the potential that this deal could end it >> what they don't like, also, you got redstone and less moon v ves has consist leently rejected that and i think cbs is worried that les moonves may walk away. sherry redstone, she's never run a company like this. >> julia boorstin joins us now she's been covering this our colleagues in general news think business news is boring and they don't understand how crazy personalities can drive this that's the heart of this story, isn't it >> personalities and family drama. and it's so interestin

some of the big movers in today's session, we have amc networks, the tv production and distribution company, net revenue of 3%, eating the highest estimates. man troop has been upgraded to matchom neutral at ubs -- group has been upgraded to buy from neutral at ubs. , californiast solar will require new homes to have solar power on rooftops. jpmorgan upgrading the stock today with an $85 target. analysts at guggenheim say that it will see consolidation in the industry. brande our brand -- l with missed estimates. looking coming out with a second-quarter earnings per share outlook that missed estimates. and macy's cut to underweight at morgan stanley. analysts are cautious of the department store sector broadly. . finally, outside of stocks, something interesting to watch with the rally inequities is we continue to see a flattening of the yield curve. not quite to the flattest it has been this year, but getting close. the flattest was back in april. we are watching it to see as it compresses. belownow, it is just 45 basis points. presenting aup selling block for this ongoing equity rally. ju

. >>> amc entertainment posting higher than expected first quarter numbers, they credit box office suckrities o "black panther" and jumangi. >>> mosaic first quarter numbers, sales dropped due to shipping bottlenecks up in canada there's a later start to the spring growing season. north american farmers if you're watching us, let us know if that's true. >>> leslie picker has the top trending stories >> last night was the met gala a-list celebrities coming out in full force for the annual fund-raising event at the metropolitan museum of art this year's theme, heavenly bodies, fashion and the catholic imaginati imagination. elon musk was there with his new girlfriend spotted on the red carpet, george and amal clooney, migos, katy perry and rihanna i don't know i thought grimes' tesla necklace was a big thing in the business world. brian? >> yeah. that's -- we're watching a video behind you of a -- some kind of a dog? so you're talking about elon musk and this necklace, but i see a dog. i'm trying to see if the dog is wearing a necklace and driving a tesla. why is the dog driving i have a

. >> pete, amc networks. >> they beat out pretty well this is a stock that's been stuck in this tight range for ns broken out towards the higher end. you just wonder can it hold on to this. the numbers they put up this quarter were great so the reaction makes sense do you want to jump on this or look for a pull back i'd say look for a pull back. >> doc, talk to me about allergan what's going on? >> there's a rumor out there that people are acting on that pfizer might be kicking the tires. it was enough to send the 150 calls that expire tomorrow from about 30 cents to $4 or $5 so the rumor spiked the stock. it's a very interesting chart and, obviously, this is one that we frequently hear takeover rumors about. >> j.j., ford suspending production of the f-150, pete's truck, due to a fire at a factory. earnings could be affected short term the company thinks. >> right, short term this quarter i would expect to be affected by it but moody's came out with something today saying they're going to get past this, it's a temporary glitch. stocks are actually up 1% on the news. >> industrials ar

on amc. he'll also host "red nose day special" which airs live this thursday at 10:00 p.m.llo! >> jimmy: oh! >> oh, yes. >> jimmy: i love when you're here. >> so nice! it's great to be here. >> jimmy: i don't get to see you enough. >> i know. >> jimmy: congrats on everything. >> thank you. >> jimmy: your career, as well as your life. >> thank you. >> jimmy: dude, you're now married. >> yeah. i got married almost two years ago. [ cheers and applause ] >> jimmy: it's been that long? >> yeah, it's been that long. >> jimmy: oh, my. and how is married life? >> i like half the audience was like, "oh, two years. that's not exciting at all." >> jimmy: yeah. [ laughter ] how is it? has it changed you at all? is it different, married life? >> well, it's good. i mean, like, the marriage is great. i'm -- i inherited a stepcat when i got married. [ laughter ] >> jimmy: oh. >> that she had had for 12 years, and so then i came in and the cat was not cool with that at all. [ laughter ] >> jimmy: it was like, "you're not my real dad. meow." >> yeah, exactly, exactly, yeah. [ laughter ] i'm

amc has been sold to the chinese. been they censor you and censor you say if you run that, richard gere will never be in a major movie. >> tucker: without namingg names, this is a very small city and have you been here a long time, looking out across the city, you know a l lot of lobbyists a lot served in congress. what percentage would you say are on the payroll arent china? >> i will say some names. one of the bigger names in town, squires pat and bogs. they represent the chinese government.th they also represent bashir, the indicted war criminal from sudan who has been indicted for genocide. squire, pat, and boggs. >> tucker: would you say many different lobbying outfit, pr firms in washington take money from the chinese interests? >> yes, they do. what is interesting, during the '80s when i got elected when ronald reagan was here. no company, no pr firm, no law firm would have ever represented the soviet union. now so many are representing, squires, patton boggs to represent the president of sudan who is an indict

i am focusing on surveys of the i amc and in particular drawing most of the results from our september 2017 survey of , whicherican adults represents a random sample of the larger population. we have a brand-new survey we , and theucted in april report on that survey is available on the bright line watch website. i will say a couple words about what we learned from that in a minute. in ourk of the divide country as wide between democrats and republicans and between supporters and opponents of president trump. but as you can see, there is a good deal of agreement on both sides of the pro-and anti-trump divide. these are the percentages of people responding that a principal is important or essential to democracy. the respondents are broken down their- broken down by view of the president, with the disapprove or's in blue and the approve and read -- and the approve in red. there are some principles that trump disapprovers put more weight on. they care more that there be no -- that their executives authority be checked and there be no interference with the press. their rankings are not to

with a special reason to come out and in an effort to do so the nation's three largest movie chains amc entertainment holdings regal entertainment group and cinemark holdings have each dedicated hundreds of millions of dollars to the receding efforts saying that between forty and fifty five percent of their auditoriums will eventually be renovated am c. the world's largest exhibitor said that two hundred forty seven of its six hundred forty locations were out that it was recliner seats at the end of last year although ticket sales haven't exactly been booming in recent years that hasn't slowed the development of these luxury movie theaters or the efforts in creating memorable experiences for their customers reporting in new york trinity chavez r.t. . if that doesn't want you to go see a movie boy i don't know what will i want to go that's all the time we have thanks for watching sure to catch boom bust on youtube youtube dot com boom bust our t. will catch you next time. for a world cup twenty eight team coverage we've signed one of the greatest goalkeepers of all time but there was one