[sfx: buschhhhh] pg&e learned a tragic lesson we can never forget.s pipeline ruptured in san bruno. the explosion and fire killed eight people. pg&e was convicted of six felony charges including five violations of the u.s. pipeline safety act and obstructing an ntsb investigation. pg&e was fined, placed under an outside monitor, given five years of probation, and required to perform 10,000 hours of community service. we are deeply sorry. we failed our customers in san bruno. while an apology alone will never be enough, actions can make pg&e safer. and that's why we've replaced hundreds of miles of gas pipeline, adopted new leak detection technology that is one-thousand times more sensitive, and built a state-of-the-art gas operations center. we can never forget what happened in san bruno. that's why we're working every day to make pg&e the safest energy company in the nation. randy: they were rude. they wouldn't visit with people. jeff: i'm not -- i'm not gonna get thrown under the bus right now 'cause that is not entirely accurate. lemonis: i don't

[sfx: buschhhhh] [sfx: buschhhhh]

[sfx: buschhhhh] [sfx: buschhhhh] >> mike: 44 laps to go in charlotte in what's been an interesting race and is about to get more so as fuel mileage becomes a factor in the closing stages of these 600 miles. david graden and gray in pit road. >> 44 laps to go, four times in the last 25 laps, and we did have an overtime back in 2011. but to me the question is there anybody out there that can go the 70 laps on a tank of fuel if we don't get a caution? >> mike: 43 to go right now. >> darrell: i'm going to say somebody can make it. >> jeff: i believe somebody could. you have to imagine, as soon as they left pit road they shut the engine on to get a little bit extra. if they have to start shutting the engine off towards the end of the race, i believe somebody will take a chance and make it. >> darrell: it would be dale earnhardt jr. he almost ran out of gas before. tonight, redemption. >> i think the fords get better fuel mileage. >> mike: 332, the last of any lead lap car to pit. running 21st. >> darrell: that's a long way back. david. >> mike: david are you surprised that some of the cars d

[sfx: buschhhhh] welcome to holiday inn! ♪ ♪ whether for big meetings or little getaways, there are always smiles ahead at holiday inn. welcome back to fast money. we have been digging through 13 s filings at hedge funds that asked to disclose once a quarter and nelson peltz of trian puping his stakes in procter & gamble. he hadded shares ending march 31st to hold 232 million total this amounts to a little over 3.3 billion cnbc learned he amassed a stake worth several billion. we didn't know exactly how many shares he intended to hold until today. he also increased his stake in general electric added just over 1 mon 1.5 million to 69 total. >> thank you very much. presumably nelson peltz wants to enact some sort of change to both or either of these companies. >> welling procter & gamble are trying to di vest non-core assets and it's hard to know which is which. i will see they probably benefit from online sales of consumer staples and what not. so i think procter & gamble at least in the enher rent value of those brand and f

[sfx: buschhhhh] lemonis: i want you to do the salarry: okay.that i did. not a lot of money. so, let's add, uh -- well, with repair -- lemonis: just do labor in this analysis. larry: all right. fair enough. lemonis: one of the things that i like about larry is that he's open-minded and he's willing to sort of learn new things. and so he struggles the first couple of times, but in the end, he has to get it. larry: so, we're gonna save $24 an hour. lemonis: okay. larry: i suspect that this thing will run eight hours a day. lemonis: okay. -larry: 330... -lemonis: 50. -larry: ...50 hou-- days a year. -lemonis: right. -larry: $67,200 savings. -lemonis: okay. larry: now, it's gonna be a $79,000 investment to purchase the machine. lemonis: okay, and your return on capital is how much? -larry: 85%. -lemonis: 85%. larry: do you feel comfortable on this? lemonis: well, do yois the question. larry: i feel great about this. lemonis: shake his hand, make a deal. ank you. thank you for your business. larry: thank you. lemonis: we got a ton of great equipment at fabtech,

[sfx: buschhhhh] [sfx: buschhhhh] looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock. but we've got the get tdigital tools to help. now with xfinity's my account, you can figure things out easily, so you won't even have to call us. change your wifi password to something you can actually remember, instantly. add that premium channel, and watch the show everyone's talking about, tonight. and the bill you need to pay? do it in seconds. because we should fit into your life, not the other way around. go to xfinity.com/myaccount >>> good morning. a developing story. the white house denying a bombshell report that the president revealed classified information to russia. live report from washington straight ahead. >>> historic highs. u.s. equity futures are flat after a rally

[sfx: buschhhhh] [sfx: buschhhhh] if you want to stay on top of your health, one simple thing to do -dge to go and get screened for the cancers that might affect you. so stand up to cancer and take the pledge at getscreenednow.org it only takes a minute to take care of yourself, and nothing rhymes with "org"... >>> good morning. wall street's fear gauge hits the lowest level since the '90s as the nasdaq and s&p 500 hit new highs. a full market rundown straight ahead. we need someone who knows a lot about vix-type stuff. melissa lee is here. have we not already been talking about it? can we buy calls on the vix? can we as comcast employees? >> isn't complacency scary? i don't know. maybe not. >> we have two market experts -- no, they're great. sitting on each side of us. >>> the polls are open for one more hour in south korea. the country voting to pick a new president after its former leader was ousted by a corruption scandal. >>> and pain for hertz. the stock is getting slammed after posting a bigger than expected hertz. it's tuesday, may the, 2017, "squawk box" begins right now. >>>

[sfx: buschhhhh] so new touch screens... and biometrics. in 574 branches. all done by...day. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. lemonis: honestly, i think we have to close. tranchina: i mean, how long you talking about closing for? lemonis: i don't know. however long it takes. look, three days ago, i thought we could fix the process and improve the food. but honestly, it's gonna take way more than that. if we really want to set the standard -- and i truly believe we can, 'cause these guys have the heart and the passion -- then we're gonna have to tear this place all the way down to the studs and start over. [ jackhammer pounding ] outside, i'm busting up the concrete, redoing the parking lot, and creating a whole new seating area -- more tables, more chairs,

[sfx: buschhhhh] othe newly advanced gle can i'm csee in your blind spot. [ dinosaur roars ] onboardradar can detect danger all around you. driver assist systems can pull you back into your lane, if drifting. bye chief. bye bobby. and will even help you brake, if necessary. it makes driving less of a production. lease the gle 350 for $579 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. hansel and gretel came upon a houseime made out of gingerbread. being quite hungry, they started eating the roof. the homeowner was outraged. luckily the geico insurance agency had helped her with homeowners insurance. she got all her shingles replaced. hansel and gretel were last seen eating their way through the candy cane forest. call geico and see how easy it is to switch and save on homeowners insurance. ♪ lemonis: hello, ma'am. we can't have customers back there. grace: i'm grace. lemonis: i'm sorry? let me introduce myself to her. kevin: okay. lemonis: hi, grace. i'm marcus. grace: pleasure to meet you. lemonis: i'm sorry for stopping you when you came through. i

[sfx: buschhhhh] lemonis: so, my offer is the following... ...$630,000., i would want to be 50/50 partners with you. scott: i think that's a lot, marcus, for that amount. that kind of an offer lends itself to 30%, not 50%. lemonis: i'm willing to lower my percentage. i'm not willing to put any more money in, and so $630,000 for 30% of the equity and financial control. i'm gonna want a 3% royalty on every product we sell. scott: forever, or until your debt is repaid? lemonis: forever. if the sales only go up to $2.5 million, my 3% royalty will be about $75,000 a year. with my investment being $630,000, that's a pretty nice annual return. but what they also have to realize is that i'm now motivated to drive those sales. the more we sell, the more we both make. i know how important this business is to you and your family. i also know how i want to get a return on my money. we got a deal? scott: we got a deal. thank you very much. i appreciate it. lemonis: so, i plan to take $150,000 to pay down debt, $180,000 for past-due payables, $150,000 to build out a ne

[sfx: buschhhhh] stay with me, mr. parker.from the hospital, the hospital must come to the patient. stay with me, mr. parker. the at&t network is helping first responders connect with medical teams in near real time... stay with me, mr. parker. ...saving time when it matters most. stay with me, mrs. parker. that's the power of and. latches onto youry finger so hard, it's like she's saying i love you. that's why aveeno's oat formula is designed for your baby's sensitive skin. aveeno®. naturally beautiful babies. it can be sculpted, in beautiful detail. or painted in luxurious strokes. ♪ and in rare cases...both. you love your employees so much, which i think is amazing.sition? but you love them so much that you don't give them any tools or resources or information. becky: well, we want to make it easy. giovanni: yeah, no, and i know that. lemonis: the point that i want to make to you is if you're gonna lead an organization of 5, 10, 15, 25, 30 stores, the only way you can do it is in a structure. the problem is is that for this

[sfx: buschhhhh] when this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect business, from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time and automatically deploying countermeasures. keeping the world of business connected and protected. that's the power of and. dearthere's no other way to say this. it's over. i've found a permanent escape from monotony. together, we are perfectly balanced, our senses awake, our hearts racing as one. i know this is sudden, but they say: if you love something... set it free. see you around, giulia ♪ time's up, insufficient we're on prenatal care.es. and administrative paperwork... your days of drowning people are numbered. same goes for you, budget overruns. and rising costs, wipe that smile off your face. we're coming for you, too. for those who won't rest until the world is healthier, neither will we. optum. how well gets done. we cut the price of trades to give investors even more value. and at $4.95, yo

[sfx: buschhhhh] at crowne plaza we know business travel isn't just business. there's this.hy not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. >>> time for the final trade. >> long eem, short spy. breaking out 17.50. >> metlife with a nice dividend. >> kit, the stock was up 13%. >> a lot going on here. the truth gundlach. aller again. agn. >> i'm melissa lee. see you back here tomorrow at 5:00. do not go anywhere, "mad money" with jim cramer starts right now. >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends, i'm trying to make you some money. my job is not just to make friends, it's to educate and teach you. holy cow. holy cow, it finally happened. a money manager came on television and admitted t

[sfx: buschhhhh] >>> welcome back. doc, what are you seeing? a look at this one because we don't talk about it often. it is of course walmart. fabulous report yesterday. josh talked about what they're doing so right, which is jet.com. i agreed with mr. wonderful on that. today, they're buying upside calls that end at the end o the second quarter. june 30th, they're buying that expiration specifically, the 79.50 calls. so, you can see, these calls have moved up from just over 40 cents you know day ago now they're trading at about a buck 20, buck 30 in that range, mel. about 7500 of them were bought like that. very quickly today. you know how i like the follow these guys. i'll probably be in the neighborhood of these probably two to three weeks. i like the set up for these guys for walmart into this and just like we said, technology is partly responsible for this big upsurge we're seeing. >> yep and speaking of retail, it's on pace for its worst week of the year despite earnings beats from gap, l brands, so so dinvestors just hate the sector? >>

[sfx: buschhhhh] we cut the price of trades to give investors even more value. you can trade with a clear advantage. fidelity, where smarter investors will always be. looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock. >>> we're back and we'll do final trades in a moment. tjx. disappointing comps. >> i'm just going back and forth with you on this. they did, though, lower guidance. >> when you look at second quarter guidance. they lifted up the full year which is still below where the street is sitting now. i think this does create an opportunity. we talk about these things all the time. i was talking earlier pfizer wasn't down enough. where i think there is an opportunity to start looking at this name to adhere at 75. >> the power to the story is the m

[sfx: buschhhhh] (shouting) more power tools. more power suits. (shouting) more power... chords. with customized loyalty programs and data-driven insights, synchrony financial can help bring more... power to your business. the shlike a bald penguin. how do i look? [ laughing ] show me the billboard music awards. show me top artist. show me the top hot 100 artist. they give awards for being hot and 100 years old? we'll take 2! [ laughing ] xfinity x1 gives you exclusive access to the best of the billboard music awards just by using your voice. the billboard music awards. sunday, may 21st eight seven central only on abc. >> welcome back to "fast money". we have an earnings report on salesforce. >> reporter: mellissa, the ceo on this conference call coined amazing first quarter results. no company has grown this fast, achieved this kind of scale, our own jim cramer just interviewed him. they talked a btd the competition, inten iobenioff. >> they say we are doing this great stuff. take a look at those numbers. look at our market share line, jim, against sap and oracle. they're flat t

[sfx: buschhhhh] looking from a fresh perspective can make all the difference.t can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock. >> welcome back to fast more than. shares of retailer e.l.f. beauty after reporting earnings today. courtney reagan is back at head quarter. >> reporter: e.l.f. beauty is posting a decent quarter as a public company. it's expanding growth margins despite the low price points of other product t. beauty retailer is reiterating not up the four-year forecast in revenue which is disappointing the streets. shares down about 4% after hours. they have been a strong subcategory retail, slayers of elfful beauty are down 4% in the after hours. they were worse before the call started. though we did see actually a higher movement before the results crossed interday today. esee the lauder for example

[sfx: buschhhhh] ♪ lemonis: i'm heading back to milwaukee 'cause i'm gonna confront dave about this phonelerate this kind of crap from dave. hi, there. kevin: hey, marcus. lemonis: how are you, buddy? what's the good word? kevin: everything good. lemonis: what happened to the menu items? kevin: well, on my end, i've been trying to get that done. lemonis: where's all that stuff? kevin: that, you know, we didn't use enough items. lemonis: how's the new pos system? kevin: um, dave wasn't happy with h-how much work it took to enter the soups every day. lemonis: so what? i mean, it's like we need the data, you know? kevin: i know. lemonis: where's the pretzels at? and what's that? now we're -- what's this thing? kevin: that's his ice cream. lemonis: i never...knew that. is dave here? kevin: yeah, he's in the back. he had to print something up. lemonis: let's just assume that i couldn't have been any more pissed at dave. well, i've broken a new record. i'm more pissed. how you doing? how are you? dave: good, how are you? lemonis: so, where's everything that was put up here? dave: it's down. it

[sfx: buschhhhh] lemonis: well, you're the c.e.o. yourself in that role, you, by definition, are in the spotlight -- and if you can't stand the heat, get out of the kitchen. it's not the fact that you have an idea that's the problem. it's the methodology that you're using to judge whether that idea is good or bad. so with that, i want to be clear about something -- you guys are not retailers. you don't have the sort of disciplines for it and the infrastructure for it. and so this store is kind of a joke. whose idea was it to open this store? dave: it was dan's idea. at the beginning, i don't think we were onboard that much, but, you know... -lemonis: i really need to understand this, so i know how to stop it when i see it. dan: i can be very persuasive. lemonis: great. that means you can...your way through it. we are closing this store. we are getting out of this space. we are going to move this business to an office that i have in manhattan in the middle of the fashion district where we can have a little showroom. what this company

[sfx: buschhhhh] >>> the failure and the airline is feeling the pain today. phil lebeau, do they know what caused the outage? >> reporter: they're say iing is because of a power surge and once that happened it caused them to scrap all of their flights and that's why you had scenes like this. hundreds of flights were canceled but a few yesterday as well. it's estimated 75,000 were impacted. here are some of them talking about their frustration. >> we're flying with virgin today. >> some kind of disruption but it wasn't until we were here. >> reporter: shares of aig, the owner of british airwaves took a big hit immediately after this happened. they have come back a little bit but, guys, it seems we're seeing this maybe once every two or three months that a major airline has some type of an outage and has people saying other industries upgrade their i.t. systems. why does the airline industry when it happens it basically leaves a lot of people stranded. >> any word on teresa may has said she hopes they will have some sort of compensation scheme for all the stran