is william lauder, executive chairman of estee lauder, also served as ceo from 2004 to 2009.rom paris, good to talk to you this morning. the stock has done so well that people are sensitive to a slowdown around the world. we got disappointing retail sales out of china. the company itself is cautious of a slowdown there. how high is it on your radar? >> well, we are always concerned about a consumer confidence in what would appear to be a weakening consumer confidence. right now the sales takeaway, the sales we takeaway we see at retail and in the key markets of the world, north america, asia, europe and travel retail still continue to show us that the consumer has a level of confidence. however, we are concerned primarily around europe and the lack of confidence the consumer has there. we are not seeing the slowdowns in asia. certainly this is in asia and travel retail, predominantly an asian consumer. also seem to be showing great strength in confidence. continued confidence by the consumer. >> how would you characterize the slowdown and is it something that advertising can

the latest company to give us a clue about the chinese economy is estee lauder, warning of a potential slowdown of its business there. the stock fell about 5% after the firm's profit forecast was less than anticipated. shares have been strong as its u.s. business was growing strong enough, making up for declines in europe. if you are a dish network customer, and a fan of the cable television show "mad men," you are in the middle of a corporate fight. the dish network has threatened to drop all amc cable channels from its line up in june, pointing to the channel's costs "compared to their low viewership." dish stock fell 4% while amc networks dropped more than 3%. dish argues amc programs like "mad men" are available on other platforms like netflix. in our exchange traded fund market flash, all the actively traded funds fell by at least 1.5%, led by the 2.5% drop in the nasdaq 100 fund. and that's tonight's market focus. >> susie: facebook stock today, a big stock sale to the public, j. p. morgan is leading the stock offering and heralded the big win by raising a facebook flag at its ma

nineteen people in southern yemen thirteen militants two tribal volition men were killed in the town of lauder just a day after the area was seized by the government for soldiers also died during clashes in ginger bar there is currently a government crackdown on al qaeda strongholds in the south. lebanese troops patrolling tripoli after days of clashes left six people dead more than seventy others were. injured in armed riots clashes were linked to an arrest in neighboring syria and broke out between supporters of the assad regime and sunni muslims who backed the rebels tripoli's recently become home to thousands of syrian refugees fleeing the violence back home. and former i.m.f. chief dominique strauss kahn has filed a million dollar counter suit against the new york hotel maid who accused him of sexual assault it claims the lawsuit ruined his chances for a stance as standing for france's presidency he also wants compensation for losing his job serving time in jail and damage to his reputation and strauss kahn's assault case was dropped last year after prosecutors questioned the maid's credi

an airline employee pulling her and her family from a jetblue fig flight in port lauder dale. the child wasn't flaged by the agency. jetblue is apologizing blaming the mistake on a computer glitch. the family was cleared to reboard but declined saying they were just too embarrassed. >>> john edward's defense team will dismiss the case against him for lack of evidence. the motion routine in criminal charges after the prosecution rests. they rarely were. the defense will give its case monday and may call edwards to the stand. they rested their states after 14 days of testimony. edwards repeatedly lied about his affair with rielle hunter. >> for the first time in a year we are hearing from the christian pastor on death row in iran. a letter written just released. he thanked his supporters telling them that he is in perfect health and their actions can be helpful in his bid for freedom. this married father of two being held in an iranian prison on practices of practicing christianity. >>> a california preschool other's day went from ordinary to extraordinary during story time. tha

the top american is jeff lauder from salt lake city. he had 34 seconds and third place. four stages of the races left. you're going down! it's all over! no! it's not over yet! sofas that can take anything life throws at them. >>gary: of the olympics are coming up later this summer. then we fly wakefield boxer. marla is her name. she will become the first american-built to qualify for the olympics to. she secured her birth in london and thought with the mss to at did ships in china. x 66 office fichte there are only three divisions from would and the event of televisions. >>> "the insider" has the most complete coverage of tonight's top star news. i'm kevin frazier. >> and i'm brooke anderson. >> announcer: "the insider" is on. >>> a brad and angelina wedding? the white dress. the bouquet. the kiss in front of the paparazzi. >> who snapped these new pictures. >>> then -- >>> nick stahl, the actor in "terminator 3" is missing. >> the "terminator" star's mysterious disappearance. leaving his wife and baby without a trace. could drugs be involved? >> to that hollywood movie

on to tell a pretty harrowing story later the attackers runs into the victim, whose name is john laudernd sees him in a bar and says, lauber paused and responded it was horrible. he went on to explain how frightened he was during the incident, acknowledged it was something i've thought about a lot since then. do you think governor romney actually owes a bigger apology or needs to say something more about this or is "i don't remember" and "if i did something bad i'm sorry" enough? >> i think he'son gond that already. he said he'd done some stupid things in high school and we all have. anyone watching this today would feel a little bit uncomfortable about having their high school years completely dissected and taken apart in this manner. it was 48 years ago, so the question of how much one remembers i think is very valid, so the main question for the american people is, is this a character trait that they should have any concern about? i've known governor romney for the last ten years and i can tell you that he is unfailingly kind. he's deeply concerned about what goes on in other people'

estee lauder, a stock that gets a lot of momentum behind it. 11-16 cents. that will be a key one to watch. >> yeah, the company has been very conservative. >> around there is the opening bell. and it's at the top of your screen. i think we're officially hit as of this moment. over at the nasdaq, the council general of mexico celebrating cinco de mayo. >> it's the fourth of may. >> an opening alerted to you that we were celebrating today for tomorrow mourning. >> what else are we whaping? >> speaking of ipos, i have cg up. it's one ipo that seemed to have priced pretty appropriately where yesterday it was up by just a fraction of a percentage point. keep an eye on that vmt with the $22 that it became public at. just keep it there just a bit above the offering price. but they're going to be happy with that being below the original range. >> has it been a good week for coffee tocks? >> no. >> of course, green mountain is now green mole hill, as some have said. and now caribou taking their outlook lower for the full fiscal year. shares down -- were 10 neolyte e

when we come back, we'll hear from the person who sits on the board of estee lauder, groupon, and starbucksie hobson. first a check on energy as we look at crude, gasoline down today, up to 30% off the lows still. >>> some of the biggest power players in the mutual fund industry to talk about investing amid market insecurity. that's where tyler met up with melanie hobson. >> about $13 trillion of assets under management by mutual fund companies, and they're all here for the investment company institute's annual conclave, the general membership meeting in washington. pleased to be joined by melody hobson, the president of ariel investments as well as on the board. aci. pleased to have you with us. i want to talk about the fragile nature of investors' psyche today. they feel to me like they just don't trust the market. they've stayed in bond funds. they're still pouring money in bond funds. why is that? >> we've obviously gone through an unprecedented time, if you look at the last few years. the financial crisis, the impressive volatility we've seen, flash crashes, et cetera, and that's made