comcast lining up financing for the 21st century fox entertainment assets. disney's previously accepted bed. fox's shares jumped in after hours trading. let's get more from dave. here we go, comcast. badly enoughfoxx to outbid disney in cash? i think that's the best interpretation of the news. they really need this deal and they are willing to pay cash for it. initially it was a share offer and that something rupert murdoch inclined to treat favorably for tax reasons but when you start talking cash, it makes your bid comparison easier to make. it's like taking the gloves off. that its cableny television business isn't growing. subscribers and starting to see itself as a broadband internet company. that side does well but that side needs content. ofs is a global chess game m&a among media con bunnies -- companies. there's a lot of competition in .he space now that it's a cash bidding war, it'll be easier for investors to compare value for value. we do like it when people say that content is king. we are waiting for news around pharmaceuticals. keda waiting fo

sources tell cnbc comcast is preparing to make an all-cash offer of $60 billion for fox's entertainmentthat would top disney's $52 billion all-stock deal, pending approval to acquire fox's entertainment assets comcast talked with investment banks. in the very early stages and hinge on whether the government approves at&t's acquisition of time warner, which would indicate the anti-trust environment. if fox goes with comcast offer, disney would get a $1.5 billion breakup fee. comcast is bidding for all of sky, putting the total close to $100 billion on this news we see all the company's shares moving. fox shares are higher by nearly 1%, disney shares down by more than 1% and comcast shares off by more than 4%, ahead of disney earnings, after the bell this afternoon. disney earnings projected to grow 13% while revenues are expected to grow nearly 6% disney results should be bolstered by its studio and "black panther" that opened halfway through the quarter, as well as its ongoing investment in theme parks with rates on the rise also watching pressures on espn and adoption of the new espn d

probably because a deal in build multibillion dollar deal that walt disney was banking on buying fox entertainment is in jeopardy because there was also another company comcast trying to buy fox but overall the numbers were much better than x. expected and mostly because of the movie business while disney made true great moves in the past when they bought the rights for all the superheroes from marvel in two thousand and nine for just four billion dollars and then three years later in two thousand and twelve they bought a look at this film to get the rights for the star wars franchise and those really turned out to be big money makers and deposit water black panther for example that will be brought in more than one billion dollars so the numbers were good but because there's one dealers in jeopardy the stock of disney lost about two percent . on wall street for us thank you very much. they aren't time peso continues its full sparking phase of a new wing economic crisis president korea has also the international monetary fund to help to prevent a further drop and he's looking to dodge a serious cri

probably because a deal in build multi-billion dollar deal that walt disney was banking on buying fox entertainment is in jeopardy because their results another company come cause trying to buy fox but overall the numbers were much better than x. expected and mostly because of the movie business disney made two great moves in the past when they bought the rights for all the superheroes from marvel in two thousand and nine for just four billion dollars and then three years later in two thousand and twelve they bought a look as film to get the rights for the star wars franchise and both really turned out to be big money makers in the past water black panther for example that will be brought in more than one billion dollars so the numbers were good but because this one delist in jeopardy the stock of disney lost about two percent. on wall street for us thank you very much. the argentine peso continues its for sparking fears of a new main economic crisis president larry craig has asked the international monetary fund fund for help to prevent a further drop and he's looking to dodge a serious crisis rem

francine: a bidding war may be blooming for fox's entertaining assets.cast says to be lining up a bit. -- lining up a bid. in.k you for coming this is what a last-minute deal, why are they after the facet? who they see this desk >> they see this giving disney a strong presence in europe. comcast is a rival. it is worried about seeing that kind of deal coming in his backyard and abroad. that would put comcast at a disadvantage. their viewpoint is should begin back in their. on aey pull the trigger bed in an auction for the already lost last year. francine: is it an all caps offer? offer ahey will need to significant bid. the finances there raising would give them the firepower for an all caps bid. it is going to need to be punched up. they cited antitrust. that would be much easier to do a deal with disney. give them certain roles in the future, combined entities that they favored over a comcast offer initially. francine: what would they need to do to satisfy the regulators mark -- satisfy the big leaders? aaron: in the u.k. where fox's looking at sky, co

enough to make a bedford 2ist it is perhaps trying to raise enough to make a bedford 21st century fox entertainmentwth is perhaps slowing and companies are thinking we had to continue reporting that, revenue growth will be harder to come by. how about an acquisition or murder —— merger to build better returns? many of these companies worry about organic growth, but some things are still cheap. comcast is just organic growth, but some things are still cheap. comcast isjust going for it? in a sense, you're forced into a position to act in an aggressive manner because everybody around you is doing same. 0k. around you is doing same. ok. we will have you for the rest of the programme and speak to you later, james. still to come, baby toiletries — from moisturisers to wipes, its a multi—billion dollar market. we speak to one company boss who is targeting tender tots, making creams for condition like eczema and psoriasis, based on largely natural ingredients. a report by the resolution foundation — a think tank here in the uk — into inter—generational living has been launched today. it looks at how to na

fox. but big shareholders who want to entertain the comcast idea. they like it. ppens with the shareholders. >> i'm sure there. is this is one of the dual stock deals, remember? fox a shares trade publicly. the murdoch family control the controlling shares. they control the controlling shares, the b shares, and still despite what's going on with shari redstone and les moonves to challenge the structure, it's still a structure. so they cole it. i'm just saying, what i'm hearing, and it's interesting. fox is starting to get a little spike there, maybe. is that -- liz: it's tiny. you need a microscope. >> i don't know why it's spiking -- [ laughter ] >> thank you. liz: bringing him down to earth. >> not that i'm trying to move stocks every day. we did move ge significantly on friday on the story about the sale of multiple bidders on lighting business, the iconic lighting business. here we are, this is what brian roberts is being told, i'm not saying i agree with it, he wants our assets and all systems go, maybe it will change his mind and obviously one of the things

some clarity on what's going to happen with the attempt by disney to purchase the 21st century fox entertainment>> we're about to turn positive, at least maybe we could see that. the dow is now down just 9 points. gold is barely up. it does not appear that there's too much fear in the markets. we're coming right back. ♪ ♪ kevin, meet your father. kevin kevin kevin kevin kevin kevin kevin kevin kevin kevin trusted advice for life. kevin, how's your mom? life well planned. see what a raymond james financial advisor can do for you. they appear out of nowhere. my secret visitors. appearing next to me in plain sight. hallucinations and delusions. these are the unknown parts of living with parkinson's disease. what stories they tell. but for my ears only. what plots they unfold. but only in my mind. over 50% of people with parkinson's will experience hallucinations or delusions during the course of their disease. and these can worsen over time, making things even more challenging. but there are advances that have led to treatment options that can help. if someone you love has parkinson's and is experi

roundup of company news and another round of comcast's heavyweight battle with disney over fox's entertainment> tv titans take the ring as a battle for sky continues. regulators are clearing the way for comcast's $30 billion bid for britain's largest pay-tv company. the stage is cleared by matt hancock, who is the minister who oversees it, and seems there is a public interest when it comes to this massive offer. >> i think that makes sense because comcast is largely a u.s. cable television operator. they have got some international content. they have a substantial presence in the u.k. not many people know they produce downton abbey, so there could be a bit of overlap, but in terms of the real public interest issues, which is around control of news media with the fox media, i think this is the news i think people expected to hear. >> comcast confirming they may make an all cash offer. fox has agreed to sell to disney. disney's old stock offer is valued at about $53 billion, and comcast saying its offer would be larger. that would include fox news, and fox other businesses. >> today comcast said

comcast is confirming that it may make an offer for the 21st century fox entertainment assets, those at disney had already agreed to buy. an all said it would be cash offer, a premium to what the disney has offered. fox shares up. comcast and disney tracers down. disney- comcast and trade shares down. now, ford, general motors and fiat are trading lower in today's session. we have home sales data later today. new home sales data coming in lower than expected. we see some of the apartment rise, the assumption that we will see more rentals versus folks buy new homes. these apartment reits trading higher in today's session. finally, a little breaking news on general electric, which is holding an analysts day for its electric products group. john flannery speaking at the conference says there is very the aviationsees and healthy units very strong and robust earnings growth at baker hughes. looks like shares taking a leg lower on those comments. shery: breaking news out of turkey. the central bank has just held an extraordinary rate meeting. we know the turkish lira had fallen to record lo

make a hostile bid for 21st century fox entertainment assets under my new deal already in play in between fox and disney as disney is reporting its quarterly earnings "after the bell" tonight. a lot happening here. back in a minute. touch shows how we really feel. but does psoriasis ever get in the way? embrace the chance of 100% clear skin with taltz. up to 90% of those with moderate to severe psoriasis had a significant improvement of their psoriasis plaques. most people were still clearer after one year. with taltz, 4 out of 10 even achieved completely clear skin. don't use if you're allergic to taltz. before starting, you should be checked for tuberculosis. taltz may increase risk of infections and lower your ability to fight them. tell your doctor if you have an infection, symptoms, or received a vaccine or plan to. inflammatory bowel disease can happen with taltz, including worsening of symptoms. serious allergic reactions can occur. ready for a chance at 100% clear skin? ask your doctor about taltz. with dell small businessout your technology advisors you get the one-on-one partner

still to come on markets, disney's latest earnings and its potential battle with comcast over fox's entertainmentssets. -- uber'sy, uber ceo ceo speaks to brad's own at the uber elevate summit in los angeles. and a special european close tomorrow from washington, d.c.. u.s.ny's ambassador to the with a reaction to the decision of a lot of the iran nuclear deal. this is bloomberg. eal. this is bloomberg. ♪ vonnie: live from new york, i'm vonnie quinn. ofk: and live from the city london, i'm mark barton, counting down to the european close. vonnie: disney shares are lower after reporting results, and much of the talks are around disney's deal to acquire much of 21st century fox. we are joined now by an analyst with colin. we can talk about earnings. there is so much to talk about soautumn line, topline, and many good things about earnings. but what anyone wants to know about is can bob iger pull this rupert murdoch still want a disney-fox merger? >> that's the question. in some ways that is a little unfair, disney has been executing magnificently on the business, but you have this huge deal sitting

while 21st fox entertainment aspect go to stock and disney, this new fox will be focussed on news ands including fox news channel, fox sports, fs1, big ten network, and as well as nine of the ten largest stations in the station groups in the u.s. so cable broadcasting and interesting here to see that lockland will be taking the lead this was pretty much expected whereas james likely to go it alone. back over to you >> julia, thanks. >> a couple years ago not expected lockland would be the one with the executive role and james looking for something else to do. interesting how these things can shake out with this m&a environment and everything else. thank you, julia boorstin. >> let's take a look at micron right now up 4%. rbc initiating coverage there with an outperform the analyst who made that call, joins us now from one market good morning >> good morning. >> so what's the story in memory right now in nan flash in general. there are always concerns about what's going to happen with capacity and the effect on pricing. things look pretty good? >> yeah. i mean, you know, you're right,

scarlet: coming up, we focus on media, ay of m&a in overwist in cbs and a war disney and fox entertainmente sure you check out tv , watch us online, click on charts, interact with us directly and listen to radio. we also have coverage of events taking place right now, including mike pompeo's meeting with the chinese foreign minister. i am clicking on it now and it is all there on the bloomberg. this is bloomberg. ♪ markets.e to bloomberg >> we are live in new york over the next hour. here are the top stories we are covering on the bloomberg pureed u.s. stocks hold steady. meanwhile, and overshoot on inflation. the central bank finally raises less gains on solid let's get a check on markets with julie hyman. changed since has we last spoke. three major averages have come up. take a look at the bloomberg to really dig into this. and the bond&p 500 yields in orange. extending it to gain . -- the 10d yields year yield now off by five and a half basis points. the feds saying it is willing to let the fed -- inflation overshoot. at some of the best performers and worst performers in the s&p 5

but for more on this, ron taylor is the former vice president of diversity and development at fox entertainment. gee, ron, i hardly know where to start here with this, which i feel like i have said too many times on the air in the last 24 hours but let's try to walk through this. one of the things that sarah huckabee sanders also said from the podium today in that briefing that just wrapped up was pointing to all of the other media figures who said negative things about president trump and then questioning what happened to them. in some instances as kristen welker reported earlier, it's clear there were consequences for some anti-trump comments. but clearly this is the white house strategy for pushing back against this. >> well, i think the president likes to play the role of the victim. and that's generally a way to sort of fight back and push back and perhaps avoid an issue that would be disquieting to him especially as racism has been exploited i think to a great agree to motivate a political base. and that's an unfortunate reality that we face in these kind of paradoxical times when there i

journal" reports the cable jiend comcast is making plans to make a hostile bid for 21st century fox's entertainmentould crash disney's plans for fox. in december, fox agreed to sell disney for $52 billion in stock. comcast is waiting on the at&t/time warner trial before deciding to proceed with their bid. >>> lava, toxic gas continue to threaten people in hawaii's big island. look at that. look what happens to this car because of this molten rock, just eats it up, does the same thing to anything it touches. look at this. lava spewing right next to a house. same deal. anything it touches, gone, nearly three dozen structures have been destroyed and a lot of those people are working people, the insurance is very expensive. so many of them won't have it. officials say volcanic activity has subsided at all 12 fissures but that could be temporary, and you still have to deal with the hazardous fumes that could sicken people for some time to come. >> oh my gosh. >>> well, primaries are under way in four states today. how will president trump's brand of populism impact these races? we break it all down next

increases >> i pressed iger on comcast reported interest in bidding $60 billion in cash for fox's entertainmentets to top disney's $52 billion all-stock offer for fox. he wouldn't reveal what he and rupeert murdoch have discussed or the potential for a bidding war with comcast >> i'm not going to speculate about what they're doing or why they're doing it i can only say and reiterate that, as you know, we made a deal in december that received unanimous approval which is important by the 21st century fox board. we're in the process of filing what we need to file both regulatory approval and shareholder approval we're certainly excited about that acquisition and remain confident it's going to go forward. >> iger thinks disney's fox acquisition is different than the at&t time warner deal. when i asked him about comcast bid for sky, iger intends to hold on to the 39% of sky that fox already owns, even if fox's deal for the rest of sky does not go through back to you. >> thank you julia >>> for more on disney and all things media and entertainment, we're joined by kay, the founder and former chairman

have to see what bob iger says about the report that comcast is preparing of $60 billion for fox's entertainment assets i will ask bob iger coming up after earnings cross at 4:00 p.m. eastern. >> michelle. >> thank you julia let's talk more of the brewing battle that you mentioned between come bacast and disney. lets bring in our own david faber. >> hey, how do you like the stock prices for you today >> you know shareholders are speaking with one voice, the management team is speaking with another, if you know anything about brianere roberts, he's be aggressive man we have been saying this as long as steel have been out there day one. i have been reporting on strong possibilities that comcast saw this as an auction and wuould come back at some point. that point is drawing nearer but still remains a point where they get the go ahead if judge leon believes he'll rule the favor against the company on june 12th that would clear the way for comcast of what we have been reporting largely in all cash deal but not necessarily all of it in cash and most of it to acquire those fox assets the asame assets

neil: fox entertainment.a few, our stock is way up today for obvious reasons an all cash bid is good for our shareholders. i think what comcast is doing today is trying to stage, get a fox shareholders to stage a revolt against -- neil: and they're interested in that, this isn't fox news or fox business they're interested in movie properties. charlie: the stuff going to disney. neil: right and now all of a sudden, fox is turning the corner right? charlie: they want to stage a re billion and they want to do something that they're doing against redstone in the comcast cbs redstone wars which is this. you own the controlling shares, right? sherry redstone. you own the controlling shares we get it but we look at the laws this way that you still have fiduciary responsibility to your shareholders to accept what is good for the shareholders, therefore, cbs merging with viacom not good for cbs shareholders so we're going to ignore your controlling stake and go out and try to change it. what steve ross is doing the he

you have got a got from someone at fox entertainment. >> [laughter] you'll only pay $4.95.pen an account today. you'll only pay $4.95. ♪ with expedia you could book a flight, ... neil: all right, second hour of coast to coast i'm neil cavuto very glad you're still with us and thank you for being with us here we're trying to keep on top of this will he or won't he in about an hour from now knowing what the president will do. we've got a confirmation that looks like the president did indeed have a phone chat with emmanuel macron of france and we also hear from emmanuel macron's office that they did not not discuss the iran deal but separately we've got indications that the president is poised to back out of that deal. the question is just in the particulars how you go about it. blake burman is at the white house with the very latest on these cross currents. blake what are you hearing? >> neil reports flying all over the place you're right. we do know that president trump and emmanuel macron spoke by phone. the new york times was the first to report that during that phone call

global entertainment industry, as more of us abandon traditional cable and satellite tv packages in favour of streaming services like netflix. let's show you some of the details. 21st century foxeed to sell its entertainment business to disney for $52 billion. it has told investors it will try to get shareholder approval this summer. but there could be a spanner in the works — in the form of us cable giant comcast, owner of nbc and universal pictures. it made a rival bid in shares worth $61; billion — that was rejected in favour of the disney deal. but it's reported that comcast is trying to raise the money to come back and outbid disney with cash in a hostile takeover. comcast is already taking the fight to disney and fox. it has made a $30 billion bid for 61% of sky, the european pay—tv group. fox owns the rest and has been trying to buy the stake itself. meanwhile, netflix is reportedly spending $8 billion on original programming this year — a huge challenge to the established players, as joe miller reports from new york. despite reporting marginally lower profits than expected, rupert murdoch's 21st century fox is not short of admirers. the company is feeling two separate

fox. >> the cbs entertainment chief said we probably won't get roseanne style ratings.s not going the last a season. i know you're not a fan of reboots. >> i'm not. one is working on a streaming service. my 15-year-old lorenzo started watching it. it's on youtube red and it's this. >> i heard you beat up a bunch of teenagers. >> i didn't beat up teenagers. i kicked the crap out of a bunch of [ bleep ] who deserved it. >> they think they can bring cobra chi back -- it's the original stars of karate kid. it's biggest streaming show in all of television and is doubling hand maid's tale, stranger things. why is this working? >> laura: the '80s are making a comeback. all the kids in the '80s rocked. all the hair bands, come on, the great hair bands and great economy, reagan for eight years. it was awesome. >> wax on, wax off, they are killing the competition. and it's just been renewed. >> laura: you know my favorite part? >> sweep the legs, johnny. >> laura: sweep the knee, and the best one is when he is first learning and he looks down at the ground and -- he goes, eyes, d

a horror in powerball on lawful and hostile racial discrimination at the cable news and entertainment channel fox news has been under scrutiny in recent years a series of stories on sexual harassment at fox led to the departure of fox news founding leader roger ailes and star host bill o'reilly and over has announced that they will end their much criticized policy of requiring writers and drivers alleging sexual harassment or discrimination to resolve all claims through binding arbitration many observers say over was smart to make the change sooner rather than later and reap some public relations benefits. and updating a story brought you last week the see. the city council is yielded to pressure from amazon and scaled back on a proposed head tax on large employers five of nine city council members support of the original proposal that would have raised an estimated eighty six million dollars to be used to build affordable housing and provide services for the homeless but that left supporters one vote short of the sixty needed to overrule mayor jenny durkan who said that she would use her veto to

three day summit with chinese negotiators treasury secretary steven the new ssion told an entertainment program on fox network we're putting the trade war on hold specifically mr mission said that they threatened tariffs of one hundred fifty billion dollars worth of chinese imports we put out a whole ball talks perceive the pullback comes as many observers are noted little payoff from trump bluster based upon negotiating strategy on trade issues while walking back the tariff trat mr minuit threat mr mission also had to acknowledge that chinese officials had made no commitment on promises to increase imports from the u.s. much less than two hundred billion dollars in additional purchases that the trump administration said was on the table mr boucher also appeared to rule out any flexibility in treatment for the large chinese z t e specifically ruling out any pretty pro quo or relief from the company in exchange for chinese trade concessions president trump's national security advisor is reportedly pushed back strongly after mr trump suggestion on twitter that be protected from u.s. sanctions and here t

entertaining. sportswrap is next. fox to sportswrap starts now. >>

fox agreed to sell the entertainment company for $52 billion.omcast says it is preparing a higher all cash offer. comcast has not decided. it is waiting for another media deal. at&t and time warner. the government is suing to block that merger. sources say if the deal survives, comcast will go after fox. >>> elon musk blasting the coverage of tesla saying he wants to rate the credibility of individual members of the press. on twitter, he is blaming big oil companies paying for ads on news sites. he wants to create a site rating journalists calling it pravda. losing top executives and missing production goals and the issue over the auto pilot crash investigation. there are noticeme advertisemenr those things, those are things that just happened. >> there are difficulties to use the touch screen and the braking system had problems. >> they rated the model s as the best car ever tested. he got rave reviews. did not like the model 3. >>> all right. "early start" continues right now. >> we want transparency. even the democrats, i really believe, on t

this kind of three-dimensional chess that is going on between disney and comcast and the entertainment aspects of foxfox we know had x-men and avatar, and we know that fox had agreed to sell those assets to disney. but comcast, neil, according to our sources might be speaking to investment bankers and basically getting ready perhaps to make an all cash offer for those very same assets. of course, these are the very same assets again, the simpsons, "national geographic," you and i know these properties well. this is just, i would say, another wrinkle to follow in the media landscape. >> shepard: i think if comcast caved, it would sell the whole idea if the at&t time warner contract didn't go through. >> that's exactly right, apparently the secretary is waiting for mid-june to see what this decision is going to be. of course we know at&t wants to buy time warner and the department of justice has said, it's an antitrust concern. apparently, brian roberts of comcast before going hostile for a potential all-cash offer is going to wait, june 12th is the decision date for that. so lots to watch in the enter

in december, fox agreed to sell the entertainment company for $52 billion.he deal with the $60 billion offer. comcast is waiting on the lawsuit blocking at&t's bid for time warner. sources say comcast will go after fox if that at&t deal survives. >>> largest u.s. retailer is taking on the opioid epidemic. walmart tightening policies on opioids. allowing pharmacies to fill first-time prescriptions for seven days. cdc says people who take opioids for seven days or less have less of a chance of becoming addicted. it will limit the doseage -- dosage. there are more than 5,000 walmarts in the u.s. doctors say only a few pills and few days. the pharmacies can really be aware of the big dosage and bottles of pills. don't do that. >> great news. >>> ahead, love him or hate him. lebron james headed back to a familiar place. his eighth straight conference finals. more on the cavs dominance sweep of the raptors next. roasters mat. let's go to sumatra. where's sumatra? good question. this is win. and that's win's goat, adi. the coffee here is amazing. because the volcan

twenty-first century fox agreed in december to sell entertainment assets to disney for $52.4 billionin stock. but now, comcast reportedly getting ready to make a hostile bid to break up the deal. reuters reports that comcast is asking banks to agree and arrange financing that would allow an all cash bid for the fox asset. comcast has reportedly lined up about $60 billion in financing. tree into going back to disney, they've got earnings coming out. this isn't even the conference: making. >> there's a lot in this conference call. disney set to report its quarterly earnings "after the bell" today in the success of marvels but panther will definitely be a huge focus as it opened halfway through the quarter and added hundreds of millions of dollars to disney's revenue and profit. analysts also want to hear about espn, also disney's overall streaming strategy. acquisitions will also be a topic as we just mentioned to disney's bid for the 21st century fox looks to be getting a little more complicated. shares of disney are down almost 5%. >> enact this semester that set aside on citigroup.

entertainment. they want to watch fox but also want to gamble. we like mgm.hink the supreme court will issue a ruling on amateur and professional sports betting. a lot will happen. liz: is that a positive ruling for amateur sports betting? >> it will be whatever the ruling is cascading effect on millenials and gens that want live entearment. liz: if warren buffett asked you what should he buy. >> i have a anything to do with companion pets. he had a companion pets when children were growing up named it hamilton. pet parents are the products of the day. look what happened with blue buffalo and general mills. look what happened with smucker's. we want you to own anything to do with ecosystem of pet parents. liz: mario gabelli. you have a big rally close. [closing bell rings] dow and s&p still lower. berkshire hathaway up. david: ending the day with a strong rally. the dow ending up 333 points. off the session highs. but we'll take it. technology shares driving both the dow and the nasdaq higher. the latter ending the day up more than 1 1/2%. s&p 500 also in the

world wrestling entertainment surging as well as fox announces that they will add their smack down show, which means big things for the company. and it hit a record high. to the bloomberg really quickly. bond bull market is a big story. bring on more options is the rallying cry. five-year and seven-year notes the largest since 2010. this chart you can find in our library. onward and upward, treasury issuances. is thee rising curve amount of outstanding treasury notes. so again, bonds stealing the thunder one way or another. [laughter] haidi: they certainly do. commodities also getting some of that, of course, with easing concerns over tariffs, the trade war helping with the demand side of the story and prices surging after venezuela. what is the latest? su: it is a one, two punch. look at oil, year to date better than 20%. look at the today chart, yes, venezuela's uncertainty is helping to push prices higher. the trade war on hold, supporting the rally, as does the easing of tensions. let's go into the bloomberg, if we can, and you can find these charts. the big focus on crude going $80

perhaps. 21st century fox is rising after comcast is lining up financing for run at a buying the entertainment assets. they have an accepted bid from walt disney for those assets. we have various parties vying for the part of sky that fox does not own. and a lot of moving parts. acquisition might be contingent on the at&t time warner deal going further. we are seeing moved sharply higher in the wake of those jamie dimon comments that it could get to 4%. i am out of time. over to you. minutes away90 from the end of the tuesday session. investors are bracing themselves for trump's decision on the iran accord. investors are bracing themselves for the possibility of the snap election. the five-star movement and the anti-immigrant league. up with a come solution to the inconclusive results of the election 2 months ago. the president will have to sue the technocratic leader or call new elections. italy down on the fear that the outcome of the new election could be a populist the government. not changed,e yesterday being on holiday because of the may bank holiday. reaching an agreement to buy its riv

fox news. melissa? melissa: should be very entertaining to say the least. i can't wait, peter doocy, thank you.n, fun, fun, a caravan of invasion at the border. hundreds of migrants are planning to seek asylum in the u.s., but who is really in need, and who's just exploiting the system? a live report from the border next. [ phone rings ] hi, tom. how's the college visit? does it make the short list? yeah, i'm afraid so. it's okay. this is what we've been planning for. knowing what's important to you is why 7 million investors work with edward jones. with dell small businessout your technology advisors you get the one-on-one partnership you need to grow your business. the dell vostro 15 laptop. contact a dell advisor today. there's nothing more important than your health. so if you're on medicare or will be soon, you may want more than parts a and b here's why. medicare only covers about 80% of your part b medical expenses. the rest is up to you. you might want to consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like any medicare supplement insu

. ♪ fox1st century reported weaker deals but most of the entertainment assets were taken off headline results. >> foxto regulatory approval might be easier with disney with comcast, because comcast already owns nbc. the other aspect is taxed applications. this is an all cash offer but it would be a huge tax burden which fox would not have to face with the disney stock deal. at the end of the day, the murdochs really want to be a significant shareholder in disney. when all is said and done, they would own 5% to 6% of disney stock. ♪ liberty globals, to sell some european operations to vodafone in a $19 billion deal. limited operations include germany, hungary, romania, the czech republic. this does mark something of a retreat from continental europe the liberty global and the expansion for vodafone. deutsche telekom has spoken out against the possibility of liberty selling out in germany in the past. germany in the past. -- they posted a little bit of a sales decline because the stronger euro in the first quarter, but is boosting outcome for full-year operating earnings to 23.3 billion euros, and a lo

world wrestling entertainment hitting a new high following reports that fox could become the new homeor one of its signature chose -- shows, smacked on life. the company great invisible to air the show on fox starting october 2019. the move suggests tendineae -- wwe secured a more lucrative deal. it currently airs on comcast. bestis your biggest business flash update. julia: that's the biggest tongue twister. roll wrestling, world wrestling, world wrestling. profit was on for the first time in five years, they could be hurt by rising labor costs and fuel prices. the ceos go to his earlier today. , we aree well hedged 90% hedged at about $59 a barrel for the outer march 2019. after that, spot prices are close to $80 a barrel. and it is going to lead to a signal to get shakeout in the industry as early as this winter. some of those lossmaking airline's it and money when oil was at $40 a barrel certainly can't survive this winter with oil $80 a barrel. as the rain and speed of that shakeout which would determine future earnings. we are beingt, pessimistic on pricing and we are assuming t

. >>> world wrestling entertainment has found a new broadcast home. as first reported by espn, 21st century fox's company reached a massive deal with wwe for the "smackdown live" show. it will take ace october 2019. shares of wwe were up to $57.86. >>> restaurant equipment company middleby is buying the ice cream d frozen drink services company for $1 billion. the move comes as united technologies focuses more on the core business while middsby lo to grow its foot print in food service industry. middleby was off a fraction. >>> up until recently hackers have mainly been focused on breaking into and stealing sensitive information, but now getthis, they havehe capacity to change that data that they ha and thatould have far more devastating consequences, like manipulating stock prices. andrea day went to ibm securities headquarters to learn threat.his latest cyber >> reporter: every day is an aha moment. kayla barlow spends his days ut ching cyber criminals there's a new threat that keeps him up at night. >> what we're moving into new scenario where the bad guy goes in and changes data. >> reporter:

well, wallet disney ceo bob iger is confident his company's plan deal to acquire entertainment from 21st century foxite bid from comcast. iger on conference call after latest earnings beat the street, thanks in part to black panther's huge success in box office. we knew that was coming. disney shares are lower in premarket but just a fraction. taking a look at 21st century fox which is a parent of fox business network, that company reporting earnings after the bell, the stock hit all-time high of 39.35. up 10% this year. well, toyota says it sees annual operating profit falling 4% in the current financial year, they are blaming the stronger yen for the forecast, toyota also seeing sales in north america lower than a year ago at 2.8 million units, shares are up 3% so far this year. and incredible story in baseball, seattle mariners pitcher james paxton did nothing no canadian-born player has ever done before. >> a couple of feet in the grave already. the pick, the throw, paxton has done it. it's a no-hitter. cheryl: so wild, no hitter for paxton against toronto blue jays, first canadian-born pitcher

entertainment. >> reporter: and it wasn't just a tiger. school officials say several other animals were on display. including a lemur. two macaws and african anyonic fox saddest part of it all is there is no merit to the life of that animal. that that animal doesn't deserve any better. >> the school says they were provided by a facility licensed by the florida fish and wildlife commission, and the hotel apparently approved the tiger's appearance. >>> a 5-year-old girl in colorado is recovering after being attacked by a black bear. she was dragged across her backyard near grand junction until her mother finally screamed and the bear let her go. the girl had gone outside in the middle of the night to check on noises that she thought were coming from her dog. the bear has not been found. authorities though are warning neighbors to be on high alert. >> at 5:30 this morning, it rang and it was the police were telling us to stay in place, shelter in place, they said. there's an aggressive bear on the loose in this area. >> the girl is now in fair condition after getting at least 77 stitches. surgery took three hours but the doctor says she was the calmest p

entertaining but with a lot of serious stuff. i ain't kidding around. check it out. meanwhile, it's time for greg's fox news.f news and the fox universe. this is upsetting what has happened for fox right now. what's being done to fox is wrong. take a look at this. here's a fox that had just gotten a rabbit. he got his meal. that's his meal. he deserves it. he spent all day getting it. then the ego comes and says no, i want the rabbit and the fox has to fight for the rabbit. the eagle doesn't care. of course the eagle lost the meal. don't mess with fox. it's the bottom line. do not mess with fox. we will take hold of the bonnie and not let go because we are animals. >> kimberly: are you sending a message? >> greg: watch out. >> kimberly: i hope dr. drew helped you out. >> pete: don't mess with fox. i also don't mess with brian kilmeade. i do whatever he tells me. he today he was on long island for the president's speech. he got an excessive interview with president trump. >> greg: that must have been tough for him. >> pete: don't hate. he's working hard for that. tune in tomorrow morning on "fox & friends" my

voters, the fox news, fox & friends audience in the morning, making sure they're revved up on this thing, that their hepped up on this thing. in the normal strategy, everybody is entertained. donald trump has a unique, generous level of being a liar in chief like we've never seen before in any president in history. >> i know that you want to respond to that, mike. julia, stand by. mike, the people you mentioned were not the president of the united states. you were talking about carval and others. those were his associates doing that. why is the president of the united states doing it? >> the president is tweeting things. he doesn't have his entire white house and surrogates outside the white house attacking the investigation the way clinton does. >> of course he does. >> really. who is the james carval going after mueller and talking about the conflicts of interest -- >> isn't that giuliani? >> you've got an entire organization in the white house invested in pushing this. kellyanne conway does nothing else but serially lie on the position on mueller. they have an entire white house staff dedicated to one thing only. they're not talking about the business of the country, t