and plus, there is massive potential for the dwa's shrek and kung fu panda to accelerate the growth ofhe theme parks, and that is sure to be used in the china parks in the works now. and they should not be valued on the cash flow an assets alone, but account for the massive synergys from integrating the two businesses. because of the importance of combining them, folding dreamworks into nbc universal, it pakes sense for cats enberg to switch into the consulting role and go back to dijtation. some insiders say it is taking a page from the pixel and other brands together. and expanding the family brands across multiple platform, and it shows that steve burke is committed to growing and working on comcast media businesses. >> certainly, henry, comcast would like it to be a disney/pixar are result. >> yes, and we will see a lot more of this, and we have seen a fair bit of it, but one thing with the digital distribution, and netflix for example is that you have the ability to have so much content within one network effectively, and that kind of the consolidation now has to happen in televis

behind the studio st is in behind shrek and how to train your dragon. it would give universal not just more movies, but more scale and consumer products and characters to turn into tv shows to bring in its parks and put on its apples. >> i think it would make sense. dream works has been very good at making short form content. kom cast is trying to role auou new services so dreamworks could be a content engine for that. >> neither company will comment and my sources tell me a deal is far from done, but a reported price tag of $3 billion sent dwa shares flying higher. now the question is whether any other buyers emerge for dreamworks animation. if the deal happens it could be a win for fans of shrek, kung fu panda and peabody and sherman. >> you would see a lot more content from dreamworks and i think less in the way of movies but a lot more short form con at the present time. so you would see more tv series based on the dreamworks movie characters. >> this kind of deal would help kom cast become a disney 2.5 of building family friendly brands that work a

dreamworks created films like "shrek "shrek" and "kung fu panned a." >>> amazon reported much better than expected results. the net income exceeded a half billion dollars in the first three months of the year compared to a loss the same time last year. amazon shares jumped 12% in extended trading. >>> fiat chrysler and google are in advanced to talks to put self-driving cars on the road. the conversations confirmed by the associated press. technology for seven years but doesn't plan to manufacture them and will license them to automakers. >> i'm into the self-driving cars. hurry up. seven years too long. >> i'm with you. >> thanks a lot, henna. >>> coming up, presidential surprise. president obama drops in on college students visiting the white house for a day. the surface pro is very intuitive. i can draw lightly, just like i would with a real pencil. i've been a forensic artist for over 30 years. i do the composite sketches which are the bad guy sketches. you need good resolution, powerful processor because the computer has to start thinking as fast as my brain does. i do this beca

dream works made films like how to train your dragon and shrek. >>> fiat, chrysler and google are in talks to team up and create a self-driving car. in the past google has said it's not in the business of building cars but would like to licenses it's self-driving technology to a car manufacturer. >>> andly said they might could find a way to unlock an iphone by your voice. the technology was revealed in a patent application. >>> a new develop for a bridge running black dog called punch. no one stepped up to claim him, so today they announcedded his new family was chosen from some 50 applicants? we already have a small dog, so he's going be her brother. >> the san franciscodepartment of animal care and patrol is handing upon ch over to marilyn and finch. two highway patrol officers shut down the bridge to catch the run away. one of the officers today said he looks a thousand percent better than when we picked him up. >> he was so scared and now he's curious, alert and wants to know what's going on and eating treats. he wouldn't even eat any treats when we got him because he was so sca

dreamworks is behind the popular movie franchise " shrek," and others. the blockbuster animated films also include "minions," and "despicable me." they will help it compete against the sector leader, disney. let's take a closer look at this deal, our market correspondence on wall street. comcast and dreamworks, a smart move? >> actually, yes. the word on the street is that comcast is trying to compete head-on with disney by doing more movies. a reminder, that family content is still a sure bet for the company, and a way to improve existing theme park businesses. there is a huge library of franchises and characters that could go farther into universal studios'theme park area also many movies open a a franchising opportunities in the merchandising department. the problem is to push comcast's revenue. brent: the u.s. economy growing less in the first quarter. what did investors make of that? jose: we saw the first down in the dow jones since february. after the fed's meeting wednesday, it was expected the economic activity would be weaker than expected. the

you will see iconic characters like shrek and kung fu panda at universal theme parks. dreamworks has an agreement with netflix to provide tv programs. the dreamworks new media group. shares of dreamworks animation up a whopping 24%. comcast is the parent of both wnbc and cnbc. >>> the other big merger is huge. it's in the medical device industry. medical for $25 billion. this combines the two leaders in the heart device business. the feeling is hospitals are negotiating for lower prices all the times for these devices. by combining these two companies they may have more bargaining power as a result and right now shares of saint jude medical are david, there were others as well that i don't have time to tell you about. this was a takeover thursday announced. >> thank you for those details. >> see you tomorrow. >>> check out this light show over missouri. an explosive super cell rolled in spotting lightning and tornado. no one was hurt. a lot of downed trees and damaged buildings. more than 15 million people in the path of the storms along the mississippi river from iowa

dreamworks animation is famous for some of the classics out there these days, like shrek, and the kung fu panda series, but its releases lately have been hit and miss, and the stock suffered as a result. so they're looking to be bought by comcast, which, by the way, owns universal pictures and is the parent company of wnbc and cnbc. >>> and it is the biggest loser in the stock market today, it is the biggest stock in the land, apple down 6% right now as rob mentioned, wiping out more than $40 billion in shareholder value after the company announced its 13 years. iphone sales in china were the 26% in the quarter. the new version of the iphone, the iphone 7, will be out in september and you know share holders have their fingers crossed that that will be a hit. but it depends on what new gadgets they come up with. as you know, it has been all incremental for half of the last few years, there hasn't been a revolutionary product from them in quite some time. so we'll see if they can come up with something that will jump start their growth again. >> that is so true in the competition. >>> le

the studio is behind hit films like "shrek" and "kung fu panda."the deal will come -- create a new competitor for disney. ford announced record results. quarterly profit more than doubled almost $2.5 billion. the carmaker saw strong north american sales. suv's performed strongly in europe. two more examples of consolidation as large drugmakers look to expand their list of products. abbott laboratories is buying st. jude medical for $25 billion. the french firm sanofi made a bi $9.3r media vision worth billion. an entire american town is up for sale. it's on the border of nevada, near california. the asking price is $8 million. that includes the airfield, plus the building home to the local casino, bar, restaurant, and post office, all wrapped up in one. the town was founded in 1965 by nancy had will -- nancy kidwell and her husband. she is hoping to make money. she put it up for sale a couple years back for $17 million. now they are hoping to sell it for about half of that. we will see what happens. catherine n.: casino, restaurant, and post office

tap the nbc logo in the cornere and shrek the weather tab. see the interactive radar and even set the weather page as your home screen. download the nbc 4 new york app on the app siore now. >>> it's 4:43. here are 4 thing to know. we're following breakin n on the upper east siden a 24-year-old man is dead after being stabbed multiple times in the chest. so far no arrests in this case. >>> the pascack regional high scinhool has adopted a policy allowing transgender students to use loc wised on their identity. >>> starbucks now launches clwards today. any stars in your account will be. multiply ied by 11 to reflect the program change. >>> and in major national news, it's free cone today at ben & jerry's, you can get a free scoop anywhere today or tonight. free scoop day began in 1979 as a w way for the company to thank eir customers.or4:44. time for a check of that weather.iit's getting soggy out there north and west of town. we have the showers moving in so it's an umbrella day on this tuesday. after today, we start a stretch of sunny and warm

in talks to buy dream works animation for more than $3 billion and dreamworks is behind hits like shrekjoin your dragon. tracy, back over to you. >>>ç now your nbc 10 first ale weather. >> clouds are still with us this morning and it is cooler now. 50 degrees at 5:25. got your neighborhood forecast just ahead. jessica boyington is watching first alert traffic. jessie? >> we're watching the white horse pike right now. a few cars out the door now around 295. no big backups yet. we'll touch on the construction, though, around the area when i come back at 5:30. >>> right now, two philadelphia police officers are in the hospital after they were involved in a crash and carjacking. we'll have a live ro report from the scene in just minutes. >>> plus, this -- >> we showed them that we could do it the montgomery county way. >> we have you covered on all of races from yesterday's prime ares in pennsylvania and delaware, including the race for pennsylvania's attorney general. >>> nbc 10 breaking news. >>> on "nbc 10 news today," we're following breaking news in philadelphia where two police offic

they're behind the hits like "shrek" and "how to train your dragon." comcast has enjoyed success with despicable me and minions. >>> let's turn to a monster storm system in the midsection. more than 23 million people are at risk for severe weather today. in wichita, kansas, there was scattered rain and military planes were relocated as a precaution. a passing thunderstorm produced one to two inch sized hail at kansas city's airport. rain came down in sheets near st. louis causing flooding. more than 25,000 customers lost power in the region. and in oklahoma, a powerful storm uprooted trees and tore the roofs off of homes. the storm in texas brought a steady stream of lightning an spawned a -- and spawned a tornado that knocked over an 18 wheeler. let's get to bill karins with the latest on the storms. boy, they were strong overnight. >> it was an outbreak, but we didn't lose lives to a tornado or anything like that that was a possibility yesterday. so we had the severe weather outbreak. i went through the southern ohio valley and back down through torn

they hold rights to shrek, kung fu panda. films that viewers have seen many times over.that is seen as good for the brand when overall expanding the family friendly offerings as well. the overall deal was representing a 27% premium to the share price before it was announced so no surprise there. we saw a significant stock in that neighborhood for dreamworks stock yesterday. but it wasn't all good news for u.s. stocks. it was a down day across the board. particularly for the dow jones industrial average having its worst performance since the middle of february. dropping some 200 points. that was largely due first to some disappointment over the bank of japan deciding not to offer more stimulus there. that trickled over into the u.s. by the end of the day the real focus was on comments coming from legendary investor carl icahn. he said that he had dropped his position all together in apple. apple when it moves it moves the entire market there due to the sheer weight in the dow. the presence in so many portfolios across the board. but icahn said despite apple being a good c

dreamworks provides comcast's nbc universal great content, so it can give the "shrek" character -- ita hugely popular brand. it can add film characters, but also rides for a theme park. emily: talk to us about jeffrey katzenberg's role in the newly-merged company. is this really him stepping away? anousha: i think that is how it is being seen, yes. over the past couple of years, when people have talked about a takeover of dreamworks animation, they thought one of the challenges was what role would jeffrey katzenberg play. that's been hard for people to find solutions to, but this was kind of a neat exit for him. he will be the chairman of what they call dreamworks new media, which is effectively awesomeness tv, which is a great, exciting brand within dreamworks, which he bought. maybe at some point, comcast exits that business, because verizon already has a state in it, and maybe he moves -- has a stake in it, and maybe he moves on to other things. emily: thank you so much. tomorrow on bloomberg, do not miss "surveillance." more of "bloomberg west," next. ♪ emily: it is said to be nea

the wall street journal says comcast is in talks to acquire dreamworks animation, the maker and "shrekanda" dreamworks is exploring a sale. mark: let's talk about a major drug maker, glaxosmithkline. the stock is on the upswing today. strong earnings results thanks to demand for its newer drugs. witty appeared on bloomberg earlier. andrew: i think we will see sustained price pressure in the u.s. can you deliver value for money, can you deliver innovation? if you can't, it will be a tough market. we have had more new products approved than any other company in the u.s. were allsix products launched into the u.s. at or below the prices of the previous generations of technologies we are now competing with. we are trying to establish our portfolio very much in step with the market. when you look at some operational point of view, what would a brexit mean? what would it mean from an operational point of you for your company? andrew: it would not have a huge impact on a company like gs k. where we would have concern is around new regulations. a lot of people talk about the regulation of euro

dreamworks had a strange of animated movie hits that included "shrek" "mad gagasca"m and nbc universal is part of comcast, which is tied to this whole deal. >> apple is launching a new line of apps designed to improve your health. it's called the care kit. patients can manage their medical condition, record information and send reports directly to your doctor. the software covers everything from diabetes to pregnancy to depression. it allows health care groups and startups to develop their own custom programs. >> let's turn things over to rob. let's talk about the sunshine. it's going to heat up in our area. >> it's all about a change in the wind direction. just that simple change will send our temperatures in some parts of the day area skyrocketing this weekend. a look at that and our next chance of rain in the forecast when we come back. >> it's really something you can't influence so you take it like it comes. >> staying ground. why the solarimpulse will not take flight tomorrow and when it might resume it's trip around the world. >>> live to fly another day, that's what the solarim

. >> we have the parma guy, the shrek guy. the pharma -- >> what do you have against him? >> nothing. >> he does have six houses. >> probably plor. >> do you have the wutang album because that's all i care about. he has the millions and the houses. he has no friends and he -- >> we are talking about scoreli. >> brackets are okay. >> they removed the man from the flight. >> yes take him off the flight. why not? i think it is either called a nerd and you probably are a nerd. what has to happen for -- in his own seed to prevent a girl from nursing home. >> she has found it and posted it on-line. he had a mistake. how many times have i said bracket and everybody knows he is a jerk. >> they should have videoed it and i totally disagree with bracket. his motorcycle accident caused ptsd. maybe he is a nerd. >> you can't get ptsd? >> do you hate middle easterners? >> no. they ran around with a syndrome where if somebody calls my name i yell and complain that i have $4 million. what? it does president -- there is something wrong with this guy. >> someone calls me a nerd i say i am

scarlet: yes, kung fu panda and shrek will be at universal studios. also make how to train your dragon. tie into kidsar movies, this was appealing to comcast. ♪ ♪ ramy: you are watching ." oomberg best i am ramy inocencio. investors wrote the roller coaster this week as companies release the quarterly reports. there is the big beefs and major misses. afterebook shares surging hours. start jumping as much as 9% in extended trading, better than expected revenue. and positive engagement metrics and steady growth in daily active users. the biggest surprise was the proposal for a new class of stock. mark zuckerberg wants to issue a new class of nonvoting shares to the continued -- so he can continue to make big bets on virtual reality and find his initiative without diluting his inner ship -- ownership stake. what do you think of this, what does it mean? >> it means he wants more control in the terms of direction of the company. he is wise to do that. thatood news, given runaway success, investors will be fine with him taking the reins. this is making it v

dream works is behind shrek and kung fu panda. recent filing shows he would get a payout though of about $22 million if dream works is sold and he does leave. >> one to watch today. >>> back to apple. shares. let's have a check in on them right now. they are down sharply as we said to the tune of about 7% following results last night. joining us on the cnbc newsline, good morning daniel. another disappointing result from a tech company, apple. i think perhaps watched more than any other. what is the main reason for this disappointment? >> well i think the real question is, you know, not what happened in the quarter, but can apple grow again? and so, you know, this is the first quarter in 51 quarters apple did not grow. the first quarter since the apple iphone was launched that they had an annual decline. those are pretty negative mile stones but for us as shareholders we have to say this is an opportunity buy the stock. and this could be an opportunity to pick up shares like it was in august like it was in january. but if you look

mark: are we going to see more shrek movies? that is the big question. betty: probably.ow many are there, four? betty: i am sure i have seen all of them. let's check in on the broader markets and how we are trading. we are pretty much make, turning it -- pretty much mixed. abigail doolittle has more from the nasdaq. one of the biggest are fallingx shares after they offered a fiscal year 2017 earnings you that fell short of estimates. consensus called for growth of about 9%. bloomberg intelligence analysts say this looks like their strategy to ramp up investments and he says that some analysts are questioning the time of this, saying it could signal a competitive threat from intel. they are saying to by the weakness, that has taken the shares of xilinx down to long-term buying support. betty: almost all of the internet companies have reported. not amazon yet. how is it doing? abigail: the stock is trading higher, ending a three-day losing streak. a wide range, a loss on the low end of $.18 per share. another analyst sees the company making $1.18 per share. consensus is lo

cultures are so stable in time is because people self-select someone energized by competitive zeal may shreknd be happy in one cultural while someone that loves to pioneer an event may choose another. he never said his approach is the right one and you write a lot about the mind set it takes to work and succeed in the valley and in this industry. and these are really tough places that take a physical and psychological to and either you love that, some people love being marines. some people love that. >> we need marines. >> we need amazon, right. >> and needs a lot of people. in just the last five years the company went from 30,000 people to more than 230,000 people. multiple of 8. can you really expect when your company is growing that quickly that all 200,000 of those new editions are self-selecting to be at that company? >> a lot of them just want a job but also how bad can it be if it was really terrible they would start being able to recruit. that's what the statement is also about. recruiting is a big issue in tech right now. being able to find more talent and you don't want anything to

scarlet: yes, "kung fu panda" and "shrek" will be at universal studios.hey also make "how to train your dragon." there are various sequels that can go along with these things. there is a clear tie into kids movies and being parts that i imagine comcast -- this was appealing to comcast. ♪ ♪ ramy: you are watching "bloomberg best." i am ramy inocencio. investors rode the roller coaster this week as companies release the quarterly reports. here are some of the big beefs and major misses. emily: facebook shares surging after hours. the stock jumping as much as 9% in extended trading, better than expected revenue. also pleasing investors positive , engagement metrics and steady growth in daily active users. the biggest surprise was the proposal for a new class of stock. ceo mark zuckerberg wants to issue a new class of nonvoting shares so he can continue to make big bets on virtual reality , conductivity, and fund the zuckerberg initiative without diluting his ownership stake. what do you think of this, what does it mean? gene: it means he wants more control i

comcast nbc universal is seeking to acquire dreamworks animation, makers of the films of shrek and king. the deals worth $3.8 billion. here's richard quest. ♪ >> reporter: coming to the big screen near you. nbc universal, dreamworks animation joining forces. >> this is going to be fun. we can stay up late, swapping manly stories, and in the morning, i'm making waffles! >> reporter: it's a merger of epic proportions. $3.8 billion. >> whoa! >> reporter: a bold move. taking on the king of family entertainment. for dreamworks, the end of a story of adventure and intrigue, the search for a suitor. >> worked for me. and all your dreams come true. respect, power! >> banana! >> banana! >> reporter: now as this merger comes together, one final hurdle before it reaches the screen -- the regulators. >> perfect. >> really? >> no. >> again! >> reporter: will the regulators scuffle this deal? or will it be a fairy tale ending with a marriage at the end of the earth? >>> well, our next story will make a great movie. still ahead, our robyn kriel and an orphaned baby rhino. rob robyn's babysitting one o

dream works make shrek and kung fu panda. >> part police will install cameras that read your licenseive in and out of the stations. it is a proposal already getting some push back from privacy advocates. amy? >> good morning, imagine a camera taking a picture of license plate as you drive in and out of the garage at the bart station. according to our san jose mercury news media partner, the bar police with lick to do that and put them in every single bart station. you have to cameras but they would like to do this to catch people who break into the cars and some passengers say the more bart can do to help them, the better the. >> it makes sense in they are raising the bart prices every two years, put cameras not even in the pack lot but in the cars. they should be working. >> the activists wonder what bart will do with the information collected. they want public oversite. the bart police chief will (the idea . present the idea to the board later today. >> in the spike in crime against verizon a coincidence? the company said maybe not with more than 100% increase in-network sabotage l

by my sister just the other day of my 14-year-old grand niece and she was just in a performance of "shrekay. >> playing f ining kne ining fi. ♪ do i love him, last night i was uncertain ♪ but this morning, this morning, ♪ this morning >> that wasn't the part i wanted but it was darn good. okay. >> the klg genes are spreading around. >> i'm so happy for tyler and stein. >> how sweet is that? >> you know, if your kid has a talent, encourage it. that's what they love. it's what they're meant to do, don't you think? >> you're absolutely right. >>> do you feel lucky, hoda? >> maybe. >> find out if today is your day when we give it away. >>> and get ready to see a lot of skin. rebecca romijn reveals a body of art like no other. >> she should know. >> she should know. after this. ♪ >> she should know. after this. hey, you're going to do great. ♪ hi. ♪ jane loves to treat herself. so she loves new light & fit crunch. greek nonfat yogurt with delicious toppings like chocolate and almonds. now that's a treat! light & fit crunch. feel free to enjoy. this is 100% useful for a 100% fresh mouth.. what'

dreamworks has the shrek and kung fu panda franchises. >>> the department of education is launching a new web site for student lawn borrowers and help people with student loans to research and pick the best repayment options. here is the new site. student loans.gov/repay. >>> mcdonald's is testing a more natural recipe for the chicken nuggets swapping artificial preservatives for lemon juice. they have improve perception about their quality. >>> he graduated from high school in d.c. before taking the field for the terps. shawn davis uphill battle as he gets ready for his career in the nfl. >> a shooting mystery in alexandria. whpoat lice did not find once a barricade situation was over. >> after the break, new questions in the death of a man with autism that died after a struggle with fairfa >>> the med day being affected about events in the community. rarely do we keep the media informed about one of your homes. we want to thank fox 45 for their proactive efforts to help us evacuate the building. that saved us a lot of time. you guys are to be commended for your active role in this e

. >> so shrek rid are chiming on what they thought of lemonade, my whole worlds is ruled by hbo, in total for game of thrones. >> that follows it. >> don't tell me anything, two. haven't watched it yet. >> don't spoil it. >> they all die. >> kylie jenner, beyonce is the coolest person ever. >> ever. >> and another tweets out: if this is what you truly want, i can wear her skin over mine. >> oh,. >> everyone lovers beyonce. >> she do no wrong. >> at all. >> what was the message? i've been hurt over the years. i've had great success. when i get lemonade? >> when you get lemons, you get lemonade. >> oh, someone cheated. who was it? that was the whole controversy. >> yes. >> but bigger picture message, like you said. >> okay. >> all right, prince george was allowed to stay up past his bed time this weekend because he had some special guest inside the palace. >> so cute. >> kensington palace tweeted out photos of president obama, and first lady michelle, with the young prince. william and kate kept george up, an extra 15 minutes. >> really? >> little robe and pj's. >> and that kid is just cute

dreamworks is behind hits like shrek, kung fu panda, and how to ta train your dragon.mpanies' boards have approved the deal which is expected to close by the end of this year. comcast, by the way, is the parent company of nbc10. >>> nasa's curiosity rover captured a new 360 panorama of the martian surface, the red planet's rugged terrain. it captured one of the most rugged stretches of land. it encountered the rough terrain in early march. they found the sandstone bedrock has been carved by eons of wind erosion. >>> well, around here, the wind is eroding our temperatures. it's coming in off the ocean. moisture is here. and until the wind direction changes, going to stay this way. we're in the 50s everywhere, 55 in philadelphia. 51, p.a. suburbs. 54, new jersey, 55, lehigh valley. 54 in delaware. and as you can see, as we go through the day, we're not seeing sunshine. we've got rain come in. and staying in. so you need the umbrellas all day once the rain starts. the seven-day forecast scrolling below, for many different areas, not just philadelphia anymore. and you don'

. >> why do they need shrek? they can fwl tbuild the david f roller coaster ride. we see franchise potential. they don't need to add to the stable already. >> inl fully behind that if they wanted to do that ride. >> they can have an atrial fib brill lation machine there. >> i'm glad you said it. >> there are clear synergies not just for the theme parks with the shreks and kung fu pandas but this deal with netflix. tv and family television. >> tv is important. consumer products becomes even more important, and china, bill, also very important component of this as well where universal is trying to get bigger, and they have a significant presence at dreamworks. and so they're hoping, and to justify that kind of a multiple, they'll come back, that is our management team at comcast, and say, well, when you adjust for all the synergies and the efficiencies, we're not paying nearly as high a multiple to ebitda. but it's been helpful to the likes of lionsgate. >> a term you used bear hug. what does it mean? >> it means coming public with an offer that had been private to p

dreamworks behind hits like shrek, "kung fu panda" and madagascar.in dreamworks are up on that news. facebook doing some serious heavy lifting this morning. its shares are soaring off its performance in the 1st quarter. revenue up more than 50% to about $5.5 billion, big profit, big gains in advertising revenue and facebook user base continues to rise more than 1.6 billion users around the world. >>> the u.s. economy not looking quite so good. growth in the 1st quarter really sputtered only a .5% growth. businesses cut their inventories, they cut their spending plan. a lot of that due to weakness in the energy sector. consumer spending was up nearly 2% mostly on rising utility prices and healthcare. spending on big ticket items was down compared to a year earlier. stock market off to a sluggish start this morning. the chancellor of u-c davis be on the job hunt in the cg months. linda katehi has just been >> thank you, jason brooks from kcbs radio. >>> the chancellor of uc-davis may be on the job hunt in the coming months. linda katehi is on administr

looks like the minions could have new animated friends like maybe "shrek" and the train dragons. in talks to acquire dreamworks in a $3 billion deal. it would combine dreamworks and comcast's universal studio arm. dreamworks higher by 18%, comcast higher by half a percent. >>> up next, wall street struggling with dow 18,000. 65 points above it. fed rate hikes not happening. european instability, happening. janet yellen watching all of it, and chinese aggressiveness. even an old market adage, should we sell in may and go away? one of wall street's top investment minds and possibly one of the gutsiest, howard is all relaxed. he's hanging out. howard lutnick joining us next on "countdown." dow is up 77 points. you can fly across welcome town in minutes16, or across the globe in under an hour. whole communities are living on mars and solar satellites provide earth with unlimited clean power. in less than a century, boeing took the world from seaplanes to space planes, across the universe and beyond. and if you thought that was amazing, you just wait. ♪ innovative sonicare technology

bonnie: -- -- bonnie: the maker of the shrek movies paper reported billion dollars.se on april 26. dreamworks will now fall under comcast universal pictures. the cofounder will become chairman of their new media. the online travel booking has removedeline its ceo after he had an relationship with another employee. he was the ceo of priceline for two years. it was based by the former ceo and chairman. has canadian airplane maker gotten a marquee u.s. airline company. delta airlines has agreed to buy 75 of their planes. the deal would be valued at $5.6 billion. but, the negotiation go through discount. pierre is here at 11:00 p.m. eastern time. that is the latest business flash. matt: thank you. about $45 billion worth of deals have been done today. abbott labs agreed to by saint jude and a deal that values that company at $25 million. saint jude shareholders will get a portion of the cash in the share. see, it is trading at 77-72. as the cancer drug maker goes through $520 billion, they will pay 2 billion in cash. there may 3 .8 billion will go through stocks and inve

they used that 22nd pick toic t shrek josh doctson a fifth fifth year seen sore from tcu.m t the wideeiver was a consensus first team allteam american last year, 6-foot twoo going to give kirk cousins another option for deep play.y. he's drawing some comparisonsso to odell beckham jr. who plays a for the new york giants. gia doctson said he had only met oy with the redskins one time andim it wase an informal interview at the combine. combi he also said he didn't reallyeay think that they werethey were interested in him at all. ihi he's the first wide receiver rve drafted in the first round by the redskins since 2001. 200 kirk cousins posted this video d welcoming doctson to the corner lack back d'angelo hall l took to twitter.witter as for defense the washington wg redskins will look for more on that side of the ball where w they have seven picks in theks h draft over the final sixer tinal rounds.roun >>> no surprise quarterbackback jared goff, he was -- he's waking up in l.a. with the l.a. rams taken first overall.rl the eagles also chose quarterback carson wentz of north dakota stat

comcast, nbc universal is seeking to acquire dreamworks animation, the maker of popular films such as shrekthe deal worth $3.8 billion. here's cnn's richard quest. >> reporter: coming to the big screen near you, nbc universal, dreamworks animation joining forces. >> going to be fun. we can stay up late, swapping manly stories, and in the morning, i'm making waffles. >> reporter: it's a merger of epic proportions. $3.8 billion. >> whoa. >> reporter: a bold move, taking on the king of family entertainment. for dreamworks, the end of a story of vurnts and intrigue. >> works for me, and all your dreams come true. >> respect, power, banana. >> banana. >> reporter: now, as this merger comes together, one final hurdle before it reaches the screen. the regulators. >> pet it. >> really? >> no. >> again! >> reporter: will the regulators scuffle this deal? or will it be a fairy tale ending with a marriage at the end of the earth? >> we'll let you know. richard quest reporting for us there. >>> an exciting ride on a rollercoaster in texas took a terrifying turn for a 6-year-old boy and his father when

dream box is behind "shrek" and "kung fu panda."he company has been on the block for quite some time now. they almost did a deal with hasbro. >> you can see why comcast would want to do it to try to keep up to make sure they have constant content for the parks and things too. >> and animation is one of the biggest businesses. >> not that i follow the stock closely or something. but i thought it was 61.05. there was a quote that was higher -- i had 60 -- yeah it's 30 cents different than what i thought. i have to factor that into. it's either been -- results have been consistently good the last few quarters. >> results coming in from comcast -- >> -- 7. >> what disney's done with paying and over purchases and. >> and there aren't many of these around. things like that. what is it called? like a? >> content creator? >> no. i don't know. there is a name for it when you are buying something that is rare. that there aren't. >> -- >> yes. >> beach front property. >> yes. >> i know. i know as a writer it sometimes takes you a while to get

dreamworks is the maker of films like shrek and the kung fu panda franchises.ng a pity today'session. viacom is coming out with earnings and those earnings estimates. loss and itwith a reported a modest decline in cable subscribers. fors a mixed picture here the company. the cable unit recording it smaller -- smallest profit margin in five years, down 1.5%. that thearing dreamworks deal may be good news for other property valuations. paramount pictures are planning to sell a stake, so he says it could be good for that and lions gate could be good for the valuation there. by 7%.are trading look at some of the recent deals in the film and entertainment business. it seems as though animation is more valuable. analysis by an bloomberg intelligence that looks at recent deals, not that recent, over the past 10 or more years. here are some of the deals we have had. disney pictures goes all the way back to january of 2006. that was at a similar multiple. 36 times versus five times for this dreamworks deal. that with contrast lucas deals. a first glance analysis would b

he talked about shrek saying those characters will be a big deal. price tag, a heft he premium, burke pointed to the fact it should be based on dream woshs assets and cash flow alone because of the massive sinner jif potential. shifting from fox to universal, there are massive synergies to be had in integrating the two businesses. as for katzenberg's role, burke says while he has huge respect for katzenberg and the studio he built, because this is so much about synergy, it does not make sense for katzenberg to oversee that business. it makes more sense for him to move into a role where he has particular interest. just one quick note based on conversations i've had with a range of media insiders, this really seem to be taking a page from disney and the success that iger has had buying and creating media assets across multiple platforms. >> i remember pixar giving iger a hard time about it and that deal paid off so quickly. >> you were relentless about that. >> i was questioning because the multiple was very high and that has been nothing but money. >

taking extradition of shrek and kung fu panda.boratories announced saying jude medical. $25 billion deal. 5.54 billion in sales. down on that news. we will go back to cavuto coast-to-coast right after this. ♪ neil: will ferrell playing the last president bush. playing ronald reagan. i do not miss. i don't know. joe on whether this is crossing the line. that is the plan at least. ronald reagan in his second term. >> then they talked him into -- >> right. one of the great guys. will ferrell. on the planet. >> that is the thing. the suspicion. signs of it. second term. when he left in 1994. they really cannot turn me around. i told you that before. i met that guy. >> he was clear minded and great. neil: a lot of people will love this. >> listen. will can do anything. this guy is great. it is an initiative to take the great ronald reagan down. >> the answer. radio host. they love him. everywhere. the greatest star. chris christie. i saw him the other night. >> do not make me go there. neil: i love the guy, but, come on. there is no re

david: shares of dreamworks are popping after the maker of "shrek" is looking for a buyer.cast is in talks to buy the animation studios for more than $3 billion. tracy: let's bring in paul sweeney. dreamworks is one of the few independent players left in hollywood. is this going to kick another media round of consolidation off? paul: we think it will. we saw consolidation in addition region side of the business. at&t buying directv, charter communications about to acquire time warner cable. in the wake of that it made a lot of sense for some the content companies, studios, to really get together and level the playing field and consolidate on their own. i think one of the areas we have about, some of the smaller independent companies such as amc or lions gate or dreamworks might consider to get together amongst themselves or might be candidates to be acquired by some larger companies like comcast. david: jeffrey katzenberg has tried to sell the company before. what is different? paul: comcast has had a lot of success across the board. the cable business had good earnings and

the proposed deal for the studio that made hit movies like "shrek" is worth more than $3 billion.lready owns universal pictures which makes the minions movie. it would be a rival in the entertainment business. katzenberg trying to find a buyer for a while. >> comcast getting bigger and bigger. >>> and "the hartford current" reports at least 80,000 chick's died in a connecticut farm. flames destroyed a coop on the crowds of new england's largest egg producer in lebanon, connecticut. no workers or firefighters were reported hurt. the cause is under investigation. a fire on the same day, the same day 27 years ago, killed more than 200,000 chickens at that same farm. >>> a battle could be looming over prince's massive estate. his sister filed legal paperwork tuesday saying the music icon died with no will. that could mean she will share his fortune with prince's half siblings. jamie yuccas is outside prince's paisley park home in chanhassen, minnesota, one of his many properties. good morning. >> reporter: good morning, charlie. prince was notorious for being so protective of his musi