patrick kron said the business was too niched.cess to its books so it can decide whether to make an offer. stephan has been speaking to patrick kron and joins us for more. interesting comments about where we stand in the bid process. >> yes, that is not improved offer from general electric at this stage. it's basically what patrick kron told me, the situation is difficult but not critical, although the company posted a 28% decline on full-year net profit. it's what patrick kron explained this morning in the press conference. still he believes that a deal to sell the energy activity would be the best solution to ensure the future of this activity in the context of tough competition. patrick kron also told me that the french government was doing its job when it decided to step in to ensure that a deal would not jeopardize employment in france, regarding the deal, the potential deal with ge, francois hollande, the french president, requested an improved offer earlier this week. at this stage, there's no alternative offer on the table

the firm's ceo, patrick kron saying we are open to some kind of deal with ge. but he's not that interested in the firm's rail signaling activity, speaking exclusively to cnbc, he also said that ge's other freight business was too niche and u.s. focus to bring any synergies. kron said ge hasn't brought in the last few days anything new to the table. >> i have the offer which is on the table. the board is studying it. it has established a committee of independent directors. again, if there are new elements in these proposals, should it be an alternative offer or precisions or improvements of existing ones? the board will consider. >> it's a short while ago, siemens up 1.6%. the ceo saying they may not be interested in making an offer for some of alstom's energy business either. now, we've been hearing from bank stocks as well today. hsbc, saw its first quarter profit drop by 20%. revenue down at its investment banking unit, the stock off about a percent this morning. said it continued to experience muted customer activity in the month of april. but it has cut ope

kron four news. >> reporter:new at 8. >> reporter:a survivor of the deadly rampage speaks out. patrick eggy of san rafael was in the path of the man who went on a killing spree near the santa barbara campus. but he considers himself fortunate. he was riding his bike. and like his friend and waterpolo team-mate - nick was also hit. his injuries - minor. pachy, as he likes to be called, spoke with me late this afternoon about his experience. >> money will have your test but that is about it mine need. my knee will heal fast bu that is about it. .and that's about it. while pachy is recovering from his knee injury, he's clearly still struggling to cope with the tragedy. catherine? >> catherine: classes resumed today at u-c santa barbara. students were back - a day after a memorial was held to honor 6 murdered classmates. >> catherine: the mood was somber on the campus. throughout the u-c system - flags are at half staff. that will be the case through sunday. among tributes - the house of representatives oberved a moment of silence today. >> catherine: some california lawmakers are now prop

patrick considers himself fortunate. he was riding his bike with a friend when elliot rodger gunned his car and hit them. today kron-4 talked to him on the phone about his experience. > > everyone i see is coming up to me and telling me they are happy i am right. but yasser i am definitely still trying to a realize that there was the mass murder. trying to run me over. i'm so happy is see my friend was even alive. was a miracle right there. > > you think there's a part of you that won't heal so fast? > > absolutely. my knee will heal fast but that is about it to. > > patrick is still shaken by what happened.and recovering from his knee injury. a suspect is in custody after police say he robbed someone at gunpoint and barricaded himself in a residence for hours. san francisco police say it started at 23rd and shotwell streets after 4-30 this afternoon. they say the suspect robbed a victim.and then ran into a residence on shotwell street. streets in the area were shut and locked down. the swat team and hostage negotiators were on scene. the suspect didn't take any hostages.and no shots were fired. neighbors in san fr