qwest you should.those conditions are just not present but they are -- we are optimistic. qwest what do you mean? >> you make a loan where you ,ant to be an aggressive buyer when the percentage of stocks among the various averages is much lower than we are now. highflyinge of these social media stacks and they have been crushed. that is not enough. qwest we are in no man's land as to whether we would be a buyer or an aggressive buyer. >> correct. our target is up 17% this year. say earnings are fairly well so far. julie hyman has an digging deeper into the earnings so far. scorecard andhe we're running in line when it -- it is not unusual. one could say the whole system is a little bit off kilter with so many companies beating estimates. when you look at sales, the number is much lower. 3.4%,0 profit is about much better than projected when reporting season began. one of the concerns continues to be the sales number that lags in terms of earnings. a lot of people pointed at sales numbers and said that

qwest that is right.f you think it is a healthy thing for the markets to have investors like us to take stakes in the companies and catalyze corporate chains like this, a -- catalyze companies to operate more efficiently, you should allow us to continue to buy a large but minority stake in the business is. it would be wrong to wake up overnight and the control should be given to someone else. if bought 60%, there is an issue. if you think shareholder activism is a thing for stock markets and capitalism and capitalism in keeping the balance of power, what you do not want to do is restrict activists from buying four percent of the company. it will meaningfully diminish. people are reluctant to the world and are fighting activists, they're largely trying to protect entrenched management. they make the argument this is all short term. -- weeve the short-term are not short-term. this is the opposite of a short-term deal. we are saying the combined is a much better business. we committed a large amount of capit

qwest good morning. i am erik schatzker. qwest i am stephanie ruhle. a lot of news this morning. there is also breaking news in the housing market. economistsless than expected. the negative news turns out to be a positive area let's bring in michael mckee in the headlines. class i am not sure this is as positive as the spin could be. you're right that the forecast is for one percent and home sales fell by two senate -- 2/10 of one percent. this is margin we're supposed to see housing pickup. this is not necessarily great news. homes unchanged. you coulds good news, say it is the supply coming online. ordinarily, that would not be great news. is suppliesseeing shortages. it is better we have homes for sale. >> ok. i want you to stick around and bring in a special guest. how concerned are you that people are not feeling very good about this in the start of spring. they do not like these numbers. as i do not know if this is good news were not. forecast.6 million we came in at 4.59 so i would say our models are working well. one of the things people have to remember that existing ho

qwest is wonderful. life is more simple.on learned was that you could take on anything anyone else would tell you is nearly impossible, and if you plan, you have patience and stamina. i feel i have probably gotten 80 e-mails on my blackberry since we have been walking around and i need to get to them. qwest you can watch the full interview with tony and our full coverage inside the empire state building. let's go to bloomberg.com or our award-winning tablet app. coming up, remember the russia today anchor who resigned on air. her device for what to expect if you are thinking about quitting your job in a big and public way as she did. by the way, how about some advice for handling ets? we are talking about pro basketball legend shaquille o'neal. here is one more for you. phelps, the most decorated olympian of all time is hungry for more. the olympic medalists retired at the ripe age of 27 after the olympics in 2012. 20 months later, he is coming back. 100 meter butterfly at the grand prix today. his first race will be fun and

qwest this car is very much younger.e have seen potentially around 15 sports car drivers, for aris, lamborghinis, and they are attractive for the first time. qwest beautiful. it picks up so quickly. i need one of these. just the foreign brands trying to capture this section in china. local brands, check out the extended wheelbase. it keeps on going and going. great wall wine. qwest the sector has continued to surprise most. it has grown in the first quarter this year. there is such a vibrant and growth to the chinese economy. income levels are rising and so to availe wanting themselves of the brand. i have no concern about the >> all goodal area things come to an end. my time behind the wheel of the race is over and i did not put a single scratch on it. qwest bloomberg, beijing. >> you are driven around in a rolls-royce regularly. >> i do not. qwest then you should. i do not know how my neighbors would feel in new jersey. he does it in file. stephen engle. corey, thank you for cohosting with me this morning. that does it

qwest thank you. trish, chairman of the ford motor company. qwest good stuff. -- >> good stuff.dia mogul in a fight for your future -- the future of your living room. how can you watch tv if it changed here forever? we will tell you what you need to know next? next. ♪ >> ok. a couple ofg about pop stars here. america's musical power couple, beyoncÉ and jay-z. they're hitting the road together this summer for concerts. one will be a fourth of july performance right here in new york. they both recently finished their own global tors and were inspired to go back out after the reaction -- their reaction they got. beyoncÉ and jay-z collaborated on a hit single, drunk in love. area is just six days away from a high-stakes supreme court battle. the streaming tv startup that by a millionaire mogul is challenging the economics of the industry and a victory could change broadcasting the as we know it. our bloomberg news reporter joins me now. what is effectively at stake here? does this mean people will be able to live broadcasts for free and nbc, abc,net and fossil not be able to benefit

our richard qwest got an interview with the malaysian prime minister.isten. >> over the course of the seven weeks, the relationship between the families and both the airline and the malaysian government has continued to deteriorate. the families believe that they are not being given information. the airline says they are providing that which they ask. the government says they do provide many briefings so there's a huge disconnect between the various views and i asked the prime minister, whatever he may think they were doing, the families clearly are unhappy. >> the next of kin continue to ask questions and they believe they're not getting the answers. they believe that various technical facts are not given to them. can you tonight reassure them that they are being given the information and they believe they're not, that you personally will make sure that they will. >> i know this is a very excruciatingly painful time for them. we have done our best. we did many, many briefings. we gave them as much information as we could in terms of information that co

qwest $75 at dodger stadium.pay 2.5 billion dollars for a sports team, you have got to get aggressive. >> the best value is the phillies. you get a live post on the video board, four tickets, and a commemorative dvd to take home with you. and cleveland indians will let you do a proposal with the fireworks. that one will cost you, the cleveland indians, $400. a relative bargain. >> with the exception of our friend here in bloomberg, i do not know of anybody with that. ♪ >> live from bloomberg headquarters in new york, this is "market makers." calls it the year of the alligator. we will talk to an investigator -- investor about the surprise performance of the bundle five. about thetalking investors in health care. >> general motors dented reputation, can their ceo fix that on capitol hill? back to "market makers." i am stephanie ruhle. of course, this is my favorite fool. >> that would be me. i am erik schatzker. these are the top business stories from around the world. increased for the fastest pace. it is recover

. >> he promised richard qwest he would release it. will he? >> you don't renege on richard qwest. thing i know. thank you for being here. today is the day. in just a few hours, the nba will reveal the details of its investigation into the clippers owner. the racist comments that he allegedly made. this as sponsor after sponsor jumped ship. what will the nba do and will it be enough? we'll talk about it just ahead. woman: this is not exactly what i expected. man: definitely more murdery than the reviews said. captain obvious: this is a creepy room. man: oh hey, captain obvious. captain obvious: you should have used hotels.com. their genuine guest reviews are written by guests who have genuinely stayed there. instead of people who lie on the internet. son: look, a finger. captain: that's unsettling. man: you think? captain: all the time. except when i sleep. which i would not do here. hotels.com would have mentioned the finger. i'll just press this, and you'll save on both. ding! ladies and gentlemen, boys and girls, llllet's get ready to bundlllllle... [ holding final syllable ] oh

his exclusive interview with cnn's richard qwest next. i've always kept my eye on her...noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still gonna give me a heart attack. that's health in numbers. unitedhealthcare. explaining my moderate to severe so there i was again, chronic plaque psoriasis to another new stylist. it was a total embarrassment. and not the kind of attention i wanted. so i had a serious talk with my dermatologist about my treatment options. this time, she prescribed humira-adalimumab. humira helps to clear the surface of my skin by actually working inside my body. in clinical trials, most adults with moderate to severe plaque psoriasis saw 75% skin clearance. and the majority of people were clear or almost clear in just 4 months. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer have happened. blood, liver and nervous system problems, seri

and by qwest bid to college -- anybody qwest bid to college or who want their kids to go to college, this a cautionary tale about how something as simple as i think we'll have a party on a because wernoon, feel sorry for ourselves because we are the only people on campus. and invite strippers. >> here's the exit duke lacrosse coach, mike pressler. take."on espn's "first talking about this case. [video clip] >> mike pressler is tell his story in a book. now.joins us before we get into the book, the title, where did it come from? by thery famous phrase athletic director at the duke when you try to tell me the season have to be canceled. i implored him he cannot counsel of the season. >> if it was not about the truth, what was it about? >> many layers. agendas,out peoples' faculty especially. a lot of prejudgment by so many people. not only duke university but the entire country. >> where is mike pressler today? coachis the head lacrosse at bryant university. >> how did he leave, under what circumstances? >> the athletic director, after mcfadden's e-mail was part of a search warrant and

qwest should it be maintained yaks --? --guest: should it be maintained? guest: no. there is 11 billion a year due to improper payments. you make changes to it as far as businesses and how they are tax? the complexity there is many fold. labor cost in businesses, they write is off immediately. expenses,investment equipment, machines, computers, must be written off in years and decades. this is complex. i do not really think the fraud is driven by complexity. there is fraud in all levels of the tesco. tax is costingre the u.s. treasury about $150 billion a year. people cheating on the eit's the, they know their cheating. just like those filing false returns in getting millions of dollars in refunds. the problem is the reinforcement from the irs to combat that people areake sure only taking the credits they are entitled to. you keep cutting the irs's budget while giving them more and more to do. it will unfortunately suffer. let's go to a call. republican line, go ahead. caller: thank you. do they tax all rich people the same? you failed to mention warren buffett. clin

qwest broadband providers because it will all be wi-fi and internet. you we wireless tells will have tremendous video capability and it will be cheaper and faster. >> cheaper is the operative word because 25-35% cheaper to serve wi-fi van wireless. no more big cell phone towers told on top of church steeples. it will all be in the cloud. >> there are major capacity issues in a world without -- where all of our video is going over wireless. there are spectrum issues and things working against wireless. ultimately, time warner comcast, this will be a deal we will look back on and say what? mostmcast is the sophisticated and successful lobbyist ever to get into media. >> are you surprised? >> not at all. it will go through. by the end of the year. that is what brian roberts is saying. >> does it mean my bill is going up? >> it probably does. when they were asked exclusively, with his mean prices are going down, they said no. go upot mean prices will any slower. even if you're talking about cost production, there is no mechanism in place. there is no upsid

be over qwest customers will decide. >> will it be higher than last year?we will not make predictions but it sure is nice it will be preferred in the purchasing decision. >> lincoln, you're for the question before. you're late to the market. did that give you -- you see now the luxury works. >> an interesting question. in a way, that is true. it is interesting the luxury -- they will be paying toot of money, especially give them great vehicles with better pricing. i think the new lincolns, the response they're getting, they will be well received. >> what kind of advantage will that give you? class we will import them for a while. >> this may be the last year alan mulally will be running the home at fort and attend that auto show. legacyller discussed his with cory johnson. skepticalf people are with ford. jack bought everything under the sun and build for it and took over. in and in detroit, they called him jack. soldcame in and everything. .e got rid of jaguar, volvo every other brand and size ford and lincoln. he also borrowed a ton of money. .e mortgaged

qwest we are live in hong kong, and this is asia edge. taking a look at our top stories.ng on rosset and honda taking a hit in tokyo. -- on profits and honda taking a hit in tokyo. three down, one to go. can i see be joined rivals in boosting profits? >> also coming up, president for the philippines and the final stage of his tour. we are going to assess the highs and lows of his trip so far. the imf releases its latest for asia. also is optimism but concerns. we are going to take a look at the four major risks facing this part of the world. to makeunced push offerings missed the mark. i am watching the market for all of you as we kick off a new trading week. at, is what we are looking fairly mixed but not exactly a day for the bulls to put their hat on. you're looking at the third day of losses across the region. three main themes today. we have tensions in ukraine and russia getting the best of risk appetite.

qwest -- >> yes. we were imprisoned. are safer than we are now. as soon as we leave moscow, we are attacked by toxic liquid sprayed in our eyes. we are beaten. it happened several times. it will probably continue. calls tonet is full of spurious with acid -- to spray us with acid and destroy us. we are enemies of the people. there is a petition that demands to revoke is of russian citizenship. because we disagree. we are trying to reform a corrupt political order. is pro-russia, not against russia. the propaganda is over the top. especially putin. now propaganda is completely out of control. very bold. disconnected with reality. periodcrimea, during the before the referendum, there were signs saying that not see nazism,-- [indiscernible] >> the swastika was on the map of the united states. that was the choice. >> do you fear for your life? >> anything can happen. i don't know. we can't guarantee anything. we live in a country that can do away with the person. without really thinking much about it. connected by to be putin. his position based on th

qwest we will leave it there and get a response. i think i have more confidence because of the things i am seeing out of congress. the main bill we have discussed, the one that would reduce mandatory minimum sentences, that has been proposed by mike lee and by senator richard durbin. i think michael he is is that -- about as conservative as they get in the house and senator durbin is about as liberal as they get. they both manage to find common ground in this area. at the state level, i have seen that kind of thing and it does not surprise me. we commissioned a poll on peoples attitudes toward criminal justice reform. what was fascinating is we saw came fromest support self identified liberals and self identified to party republicans. this has been an interesting alliance. it is the tea party and the left that has come together and they're pushing real legislative change. another thing to keep in mind is that you can get real legislative change whenever both sides feel like they're doing this for reasons that are important to them a

richard qwest in our new york studio. thank you for joining us. i want to start with you. you heard the information coming from the australian prime minister saying he is confident it is from the black boxes. with you know about that? >> that's right. there seems to be growing confidence in this search. today out of australia. the australian prime minister briefing reporters in shanghai saying he is very confident the signals detected by the "ocean shield" on tuesday and again on saturday, rather, then again on tuesday are in fact from flight 370. that according to australian media. he said the search area has been narrowed down significantly and they are now confident the signal has started to fade. and is used in, the man responsible for this international search ever, coordinating efforts in the building just behind me, he has long said they're going to wait to be certain, wait to see actual signs of the wreckage before they can say absolutely sure they have found the final resting place of malaysian flight 370. he released a statement this morning that said the detecti

he's the founder and ceo of fubu, panelist on "shark tank "qwest, shark tank tuesdays on cnbc and notion the brand of power. damon john is the king of branding and yes, this is something that can help you make money in the market. back in april 2010 he created the lifestyle brand index force. since then they're 92% and the s&p is up 54% during that period. he came back and updated the lifestyle brand a year ago. his stocks have rallied 34%. s&p up only 18%. that's what i'm talking about. that's bankable. with that in mind, let's bring him on. mr. john, welcome back to "mad money". >> thank you, jim. >> you know what? i want to give you some mission belts from "shark tank," after i wore this i'll never wear it again. no hole, it just opens up all of the time and you gave me a lot of great compliments and i'll put it up here to brag. >> i gave you compliments because you made people a lot of money and a lot of people know you from shark tank. >> and it's probably the biggest thing that's been going on here, but i also want to talk about how you knew things and i know i mentioned the ind

qwest coming up, new technology that takes selfies. that is next.e a look at the big stories today. some of the most compelling images of the day. for those who can't get enough of themselves with their smartphone selfies you can now get slc in 3-d. slc -- a se-- get lfie in 3-d. they can even show tattoos on the skin. and they sprayed their beloved pets for a chance to win $1500 and i hair dryer. it is made to look like a confused creature from the wild west, the first prize in the dog category. the garcia's got a new car. >> what did they get? >> i don't know. >> i'm mark barton. >> the time in london is 7:30. >> thanks very much. the talk of this trade has not been euro weakness. it has been euro strength. it has impact on inflation and what the ecb should do. this has a real world impact. the ceo tells us this is strong. a little bit he does not advise what the ecb should do. in their view the ecb is probably going to act on rates first. >> thank you very much. >> these are the top headlines. greece is turning to anger at korean -- grief is turn

qwest coming up next -- >> this is "bloomberg surveillance."nd erikkeene schatzker and scarlet fu as well. an interesting company for the morning. of cupertino -- samsung reported unaudited results for the quarter and posted a second straight drop in quarterly profit. operating rocket fell -- a little bit higher than analysts were looking for but sales missed estimates. the story here, not just for samsung but for apple, high-end product sales are slowing down because of market saturation and increased competition from lower and smartphone makers let the chinese device makers. the stalled demand lower prices. the first quarter is typically a week selling season for all tech companies. you wonder how much of this will set the tone for the rest of the year. it may just be an anomaly but we do know samsung will be launching the products in the next couple of weeks. samsung galaxy s5. do any of you use it? your wife does. usere is the only galaxy in the house. she battles of consulate. we can't face time with her, which may be a positive sometimes.

qwest we will leave it there and get a response.ink i have more confidence because of the things i am seeing out of congress. the main bill we have discussed, the one that would reduce mandatory minimum sentences, that has been proposed by mike lee and by senator richard durbin. i think michael he is is that -- about as conservative as they get in the house and senator durbin is about as liberal as they get. they both manage to find common ground in this area. at the state level, i have seen that kind of thing and it does not surprise me. we commissioned a poll on peoples attitudes toward criminal justice reform. what was fascinating is we saw came fromest support self identified liberals and self identified to party republicans. this has been an interesting alliance. it is the tea party and the left that has come together and they're pushing real legislative change. another thing to keep in mind is that you can get real legislative change whenever both sides feel like they're doing this for reasons that are important to them and im

qwest should it be maintained yaks --? --guest: should it be maintained? guest: no.re is 11 billion a year due to improper payments. you make changes to it as far as businesses and how they are tax? the complexity there is many fold. labor cost in businesses, they write is off immediately. expenses,investment equipment, machines, computers, must be written off in years and decades. this is complex. i do not really think the fraud is driven by complexity. there is fraud in all levels of the tesco. tax is costingre the u.s. treasury about $150 billion a year. people cheating on the eit's the, they know their cheating. just like those filing false returns in getting millions of dollars in refunds. the problem is the reinforcement from the irs to combat that people areake sure only taking the credits they are entitled to. you keep cutting the irs's budget while giving them more and more to do. it will unfortunately suffer. let's go to a call. republican line, go ahead. caller: thank you. do they tax all rich people the same? you failed to mention warren buffett. clinton

qwest is the affordable air -- care act going to be helpful in the election?.: a lot of republicans will run on it, especially those in the primaries who hate it more. in georgia, they are staging phone call from the president to say, i will not take your call on the affordable care act. it will obviously be an issue. democrats need to get men and women and children who have benefited from the affordable care act and put them front and center. those who could not get care now can't. those who have some issue or month. are paying $60 a sentetter some republican to the president that he was sharing with everybody a couple of weeks ago saying this was not a democrat or republican issue, i was not sick, i could not get health care and now i can and obamacare works. host: adam from michigan, independent line. i'm a little nervous. [indiscernible] and the subsidies that go with it. in particular, the food stamp program. [indiscernible] the food stamps happen to cover that when you go to the grocery store. i have personally seen an example where children are being co