in terms of earnings, kroger and rite aide will be reporting before the opening bell. >>. >>> now anhat's been years in the making. disney opens the gates today on its first theme park and resort in mainland china in what the company's -- what is the company's largest overseas investment. younes joins us from the opening of the shanghai disney. the wait to get into the park was two hours. and what's a very important day for disney. the ceo bob iger was presiding over a ceremony for grand opening. in his opening remarks was really stressing the importance of the relationship between disney and china. this is what he had to say. >> today is a celebration of creativity and collaboration. commitment and patience, a triumph of imagination and innovation. together we have created an extraordinary destination. here east meets west, the past meets the future and anything is possible for those who believe. >> and the u.s. president as well as the chinese president both sent congratulatory letters to disney for this park. now this park has been years in the making. five years of construction,

kroger off its early highs but still up 1%. >>> microsoft acquiring messaging app developer wand labsmicrosoft up 1% on the day. >>> disney world in orlando is still dealing with the tragedy of that 2-year-old toddler being killed by an alligator, half a world away shanghai disneyland opened its doors today. it's the company's biggest theme park yet. eunice yoon got a sneak peek. >> reporter: this was a big day for disney. tens of thousands of visitors came here to shanghai disneyland today and just to give you a sense of the crowds, the average wait time outside the park just to get in was two hours. this is on a important day for the company. the ceo told me last week that he sees this park as a booster rocket for the business here. he's hoping as more people come to the park and get more exposure to the disney brand and character ors, eventually they'll go home and want to buy more tickets to movies and more products in disney stores. there's reason to believe that this big bet by disney is going to pay off. the company believe there's are 330 million people who live within a three

it happened in a kroger store sending them on lock down. >> i want to urge everyone if you see him don't try to contact him or handle this yourselves. it is something we urge you to call 911. >> we don't have any charges yet. this manhunt is underway as we are all speaking. >> that manhunt has ended. he has been found. the identity of the wounded deputy has been released. she has been released from the hospital. the other shooting victim is expected to be okay as well. we learned he is now in custody. >> all of the folks have been on lock down. >> a 5.1 magnitude earthquake. we have video posted on twitter showing a chandelier swinging. it happened about 30 seconds. >> the center of the quake reported at 1:00 a.m. pacific time near borrego springs. no reports of injuries or damages but we are watching this carefully and we will bring you the latest as with he get that coming in overnight. >> the race for the white house end ending on-line. this as a brand new fox poll shows trump falling behind hillary clinton 49 to 42 percent. last month you may remember trump was leeing 45 to 42 percen

i mean if brexit -- if britain leaves okay, you know, this is not going to destroy kroger. kroger is going to report this week and i don't expect a great number but i think that we uniquely can watch the tape underneath and see a diagio go down and credit suisse and deutsch bank. it's our job to be a little more balanced on what this means for the united states. again, i'm not an american first here. >> your view, it's not much -- >> how could you not want to come here and send your money here. i mean if you have a german 10-year, money is -- i used to buy -- go buy dutch bonds for heaven's sakes and that was lunacy but you could pick up a couple hundred basis points. indeed if you want to buy a big piece of property in germany may you wait a week. want to buy a big piece of property in london, don't even think about it. sell. but i mean we got to calm down. we got to calm down. i mean, you know, as i learned when i was a hedge fund manager what does this have to do with the price to earn of bristol-myers. >> well said. your obliquely referring to the polls and then this fr

you notice raw ross stores, kroger, dollar tree and dollar general.et big moves in the down side that means you'll have more ahead or health care. united health. doing a little restructuring. bristol-myers, you know that i think that's always ideal. j. and j. campbell's soup reported a bit and the stock is up. we'll see how these stocks are when general mills reported. the stock was up today. conagra, mckes son and constellation give us the returns on thursday. my problem is there aren't many stocks that fit that depiction. i would love to give you some industrials. i looked at honeywell saying, soon. 3m. i looked at that and said maybe. i've looked at a lot of stocks down 3, 5% are going to feel real good. i can always tell you, of course, verizon and at&t, but i don't like to pick from the 52 week high lister when i try to find out something that is right and is actually not so obvious to all of you. back to you guys. >> jim cramer. >>> our next guest is an owner of companies in both the hospitality and dining industries. so what's his best advice f

kroger is bucking the down trend, and the grocery chain is the biggest gainer on the s, and p and thankso better than expected earnings, and lower cost, and that stock is up 2.5%. >> and change high disneyland is now open for business, and we will go inside for a inside look. >>> and also, we will have the ceo joining us for the first interview since taking the tough job at amd. and also, what is facebook planning? used by this vice president, this little kid, oops, and this obstetrician, who works across the street from this man, who creates software. they all have insurance crafted personally for them. not just coverage, craftsmanship. not just insured. chubb insured. thank you. ordering chinese food is a very predictable experience. i order b14. i get b14. no surprises. buying business internet, on the other hand, can be a roller coaster white knuckle thrill ride. you're promised one speed. but do you consistently get it? you do with comcast business. it's reliable. just like kung pao fish. thank you, ping. reliably fast internet starts at $59.95 a month. comcast business. built for b

krogers up more than 4% since the vote. altri up, johnson & johnson and at&t are higher. you buy into these brexit survivors, tim? >> speaking of rubbish, should have seen in front of the eu parliament. talk about a guy that was stirring the point. not going to get involved in their politics. >> when i look at these four names we posted, why are they higher? because they're defensive high yield stocks. at&t, this is better than a bond. johnson & johnson is this international multicap that pays. to get exciteded about these names. now, i own altria. i'm not going to sell. it's a company that's diversified its entire sales model away from the cigarette business. can you stand these names? yes. will high yield work? >> i i hate the idea of a recall defensive. i don't look at that as a defensive stock. it performs when the market's not performing. this name is performing because it's great management. they have a a great distribution of everything. >> why it's up in the last three days? >> how about this. >> the last three days, it sells off and this stock goes higherer. it h

. >> down on his luck, chauncey black says something told him to go to his local kroger store in memphise. >> what he got there was much more than a bag of doughnuts he had been hoping for. here's abc's david wright. >> reporter: it was a chance meeting at a grocery store that ended up changing lives. it all started when chauncy black offered to carry matt white's grocery bags to his car in exchange for a bag of donuts. >> you could tell he didn't have anything, and he was asking to work to get some food. you know, and it just broke my heart. when's the last time you had some, like, you got clothes? >> three years. >> three years. >> reporter: chauncy, a straight "a" student, lives with his mom, who's too sick to work. so chauncy does everything he can. cutting grass, washing cars, working hard to keep food on the table. >> you don't have any furniture in your house? >> got one couch. >> yeah, you got one couch. >> and i'm sleeping on the floor, too. >> reporter: white says when he saw that, he had to do something. he launched a gofundme page that ended up raising close to $250,000. >> y

. >> you can find us in most grocery stores from kroger to publix, whole foods, walmart. have given up on the category. >> you know, you're right. i don't go down the aisle because there's nothing i know i can eat. >> but now you can. >> wow. how did you come up -- are you a scientist? what is your background. >> my partner came up with the product. he has a mom who is diabetic and she just couldn't eat any products like this. >> well, it is impossible for most of the smaller companies that i deal with to be cash flow positive let alone profitable. how did that happen so quickly? >> it's taken us six years. >> that's not so -- most companies six, seven years they're still losing money. >> we started in a garage. we ate a lot of mac and cheese and never took sal irs for a lot of years and reinvested the money back into the business and kept churning it along until we grew the bland to be in all the grocery store. >> you have no private investors, none of that venture capital. this is your company. >> this is -- the guys who started this, it's our company. we've never sough

>> there's a kroger's and they're giving out free food, free water. >> so how long have you guys beent happened yesterday night when i got off work. i thought i was going to come home, but, it -- yeah. >> and how is it looking for -- we're looking at these pictures that you sent us. of the bridge. how -- what are they telling you about when they think you may be able to get back across? >> they say that they're going to put a temporary bridge there, the national guard or somebody is going to, you know, just to get people's cars across it for now. but, i haven't heard -- they said it will take awhile until the road is fixed. >> well i know this is a very unpleasant situation. and in some cases it's a tragic situation. but it sounds like everybody's safe where you are. is that accurate? >> yes. >> all right. well you guys are good sports. and i hope you don't have to hang in there too much longer. take care of yourselves and thank you for the pictures and thanks for calling in, brittany. we wish you all the best. >> thank you. >> take care of yourself. that's the other big story of the

. >> and mixed bag for kroger?> yes, it is a tough one, from 2015 -- 2012 to 2015, it was up 27%, and it has done nothing since then, and you can stay long, and looks like it is in a no-man's-land, and i would not be excited for any huge upside any time soon. >> and what about a night on our show last night when fred weighed in on redstone. >> it is had been one of the leading television networking companies in the buzzness and now it is falling to a level below any of the peers on almost any metric played by all types of problems including the e creative departures. >> pete, you are long in there and a lot of people were talking about that freston last night? >> yes, it is a name that i jumped into on a couple of weeks back and got on cbs and viacom and a nice run to the long side and for all of the reasons i'm in it is because of the reasons that tom talked about on the show. he talked about the brand and the management need s s to be shaken up, and if you believe in the brands which i do, and tom does, then ther

. >> kroger, verizon -- >> kroger's quarter wasn't even that good now it's back to where it was. i don't know. is it a little too bullish for me? it's a long day. it's 9:55. i don't think the cannon ball, the 1:00 cannon ball. >> may not be crowded. >> i think those guys have to be at their desk but if they foolishly leave, you might get a better chance when they head out on blade -- blade? blade's operating today full. >> yes. >> do we have blade's statement? operating full capacity. >> but we do have a statement from hillary clinton. eamon javers has that in washington. >> yeah, carl, that's right. that word respect you just read in some of those other statements seems to be the common theme today. here's the statement from hillary clinton out just a few minutes ago. she says we respect the choice the people of the united kingdom have made. our first task has to be to make sure that the economic uncertainty created by these events does not hurt working families here in america. we also have to make clear america's steadfast commitment to the special relationship with britain an

kroger, the u.s.companies and tyson foods, all of them get the revenue here, and also they seem to be trading higher today. also, the storage real estate investment trust, the companies that have little storage areas for you. all of them are trading higher and have the revenue in the united states. utilities, which have the added defensive,being typically, they hold up well even in economic downturn. not all utilities in the utilities index have all of the revenue in the u.s., but these four do. tend to behich defensive, are doing well. these last two groups -- utilities and telecom -- are the best performing groups so far this year. this looks at these two groups year to date comparison to 10 year yield. they have benefited not just from concerns about the economy, but ideas that they tend to move inversely to healed. the 10 year yield, which as we know has punched over the past few days to the lowest level going back to 2012. we see utilities and telco continue to climb. we will see if the uncertain

looking at the grocery chain kroger, they announced first-quarter earnings that beat estimates.aining the most in more than one month, gaining more than 2%. , they a look at merck have some positive results out of their new lung cancer drug trial, meeting expectations but also exceeding in some cases, being superior to chemotherapy. merck is gaining more than 2% and getting the most in more than two months. there are a few bright spots in the market. scarlet: thank you so much. oliver: let's check in on the first word news where taylor riggs has more. say the labor party is meeting with constituents in west yorkshire when she was shot twice. a suspect has been arrested. witnesses told the bbc he had a handmade gun and campaigning has been suspended for the day in the british referendum on the european union. a man described as psychologically troubled with links to radical islam has been detained in southern france. officials say he is suspected of plotting possible attacks on american and russian tourists and police after two police officers were stabbed at their home by an ext

meantime, shares of kroger and whole foods are rising as mcdonald's and wendy's decline because of newata from market research group reportedly shows visits to fast food restaurants unchanged in march, april and may after quarterly lly increaf 2% since last year. obviously people are not eating out as much and going to whole foods more and spending more money there, kelly. >> fascinating. and corelates to my own experience. i have been eating at home and then there's a market move. >> i could have had a big mac. >> i hope that's what it is and not a sign that the economy is weakening. that would be -- $20 billion in gasoline costs the americans saving this year. the markets clearly don't like the british vote and there's a great deal at stake and also interesting buying opportunities. >> probe those right now. michael farr is a contributor and david sourbee also joins us. >> good afternoon. >> absolutely. >> you're hanging in there. are you buying yet? what are you doing here? michael? >> i'm always long term optimistic, you know, bill. but i think right now when you're so much uncerta

interesting, kroger, one of the best performers on s&p -- weakening global economy.back here with market sell-off day number two after the vote in great britain. we have piece with breaking news after the conversation about ratings agencies. we have not heard from moody's just yet. we heard at s&p perhaps angry of charlie gasparino characterization of their operations. they lowered the sovereign credit rating from double a to aaa. no longer tribble a in the eyes of stand and poor's. that just came in. we were having conversation with regard to moody's. we're down 287 on the dow. as we talk about fallout from the uk vote. this is day number two of such fallout. 610 points on friday. at worst of it we were down 334. if anything we stablized a little bit. we'll see if s&p move means anything for markets. other thing about the move and vote to leave the european union, it's a vote many people's eyes for freedom. it was something you heard a lot about it is control and having power and putting power in the hands of the voters. we're joined by former bush 41 campaign advis

but i think that's taking on kroger, which i no longer am as game for, but they needed to see competitionrop back. by the way, they can come in under trader joe's at 365. trader joe's does not have the broad array they have. this is where this company bought back about a billion dollars worth of stock. they knew, they knew -- people questioned that loading the balance sheet with debt, they had an understanding of their p p p prowe prowess, i think the stock is back and interesting i think you want to hold it. >> interesting call from jim cramer. we're going to talk about the sale of alibaba stock by sof bank. opening bell in about four minutes from now. at the marine mammal center, the environment is everything. we want to do our very best for each and every animal, and we want to operate a sustainable facility. and pg&e has been a partner helping us to achieve that. we've helped the marine mammal center go solar, install electric vehicle charging stations, and become more energy efficient. pg&e has allowed us to be the most sustainable organization we can be. any time you help a customer

one stock that is higher is kroger the grocery store.t estimates every time except twice over the past five years. its fiscal is saying 2017 earnings will be at the low to the mid-point of its previous forecast. this is a company that pretty consistently comes out and beats estimates. the chinese online travel company shares are trading higher after that come -- company's earnings beat estimates. the company's second-quarter net 75%nue growth will be 70 to year-over-year. and it will devote more resources to outbound travel. alix: coming up, it is bloomberg markets with mark barton. what do you have on your show? mark: we have a central bank best. -- fest. she advised richard fisher when she was upset president of dallas. looking forward to talking about the bank of england. then it is very much the ryan chilcote show. he will be speaking to the russian deputy prime minister followed by an interview with the venezuelan oil minister. let's not forget the country faces an economic crisis brought about by the slump in oil prices. busy coupl

. >> kroger's. >> businesses aren't changing.ying these types of movements on the market. let's see where it settles. >> good to have you, sir. >> all right. thank you as well. and i'm also going to head out. so we continue our coverage, though. after a break with richard. and the rest of our team here in london. >> the news never stop, and neither do we. this is cnn. does your makeup remover every kiss-proof,ff? cry-proof, stay-proof look? neutrogena® makeup remover does. it erases 99% of your most stubborn makeup with one towelette. need any more proof than that? neutrogena. wannwith sodastream®er? you turn plain water into sparkling water in seconds. and because it's so delicious, you'll drink 43% more water every day. sodastream®. love your water. ♪ >>> well, answer to that, in or out, the answer has been made. the uk is out of the european union. that's the way the vote went tonight in the referendum. a very good day to you. welcome to our coverage of the eu referendum decision. i'm richard quest. >> i'm hannah vaughn jones