Futures are up 10 , consumer stap ems flattening out. And two of chinas richest men lost billions in just a few hours. Well tell you who they are and how they did it. But we start with a very rough trip for mcdonalds. Protesters have hit the street outside of the companys Shareholder Meeting. Theyre protesting low wages. Kate rodgers has been monitoring that meeting. The protests and the stock, which as we mentioned is trading down by about 0. 8 of a percent today. Kate. Well today was ceo Steve Easterbrooks first Shareholder Meeting in oakbrook illinois where he acknowledged mcdonalds challenges and touted his turnarounds. The biggest takeaway was a clear win for shareholders. One of the measures passed was a proxy access by law. Those who have held 3 of mcdonalds stock for three years to propose director candidates on proxy materials. This was a shareholder proposal that mcdonalds did not want to pass but it passed with 61 of shares voted. This is a way to make the board more accountable to shareholders. Meanwhile outside of the Shareholder Meeting, wage advocates for the fast Food Industry spent their second day protesting. Yesterdays crowd drew about 1,000 people and today there are several hundred people in the crowd. The demonstration was organized with the Service Employees international union. Theyre pushing for higher wages in the fast Food Industry and are making a visible plea for the company to invest in its workers. Mcdonalds did announce in april it would be raising wages to an average of 10 an hour by 2016 at its corporateowned locations but the move does not impact its franchise locations, which are the majority of its stores nationwide. Easterbrook did defend that move in todays meeting saying mcdonalds raised wages at Company Controlled stores because thats what they can control. Independent owneroperators will make their own decisions about pay. Back over to you. Thank you very much. Some upgrades and downgrades to tell you about. Pfizer getting a boost. Jeffreys tapping the drug maker as its top global pharmaceutical pick based on a positive outlook for its drug pipeline as well as other factors. Pfizer stock up 10 so far this year. Jeffreys also beginning coverage on nike its cutting its Business Outlook as well as the potential for shareholder touting the Business Outlook as well as the potential for shareholder friendly moves. Nike up 8 so far this year. Ali baba getting a nice job. Theres a High Conviction outperform rating saying the street is underestimating the companys growth potential. Despite todays big move ali baba talk is down. The dow is up for the fifth time in six days. The s p 500 is up for the first time in three sessions. Both, though on pace for a Third Straight week of gains for the very First Time Since february. Bob is on the floor of the nyc, Bertha Coombs at the nasdaq. Bob, you first. Theyre singing the starspangled banner. 2131, so were essentially in record high territory once again. We still dont have a lot of volume behind it but listen were in record high territory and thats all that matters. Airlines have settled down after a lot of damage done yesterday. The transport still down more than 6 on the year but most of them are fractionally to the upside. You can see how were moving today. The important thing is not much volatility in that particular group. Did you look at the vics today . This is the new low for the year essentially. Not a lot of worries. People arent trying to buy a lot of protection right now. Best buy had very good earnings on the top line but there was a lot of problems if you look underneath the hood a little bit, its up 5 . Look where the sales were great numbers in appliances and consumer electronics. Thats the tvs and the phones were really good overall, but entertainment was down 11 led by gaming and services were down 10 as well. Also shopify, they went public at 17 and opened at 28. You can see trading here at 25 and change. Mandy, back to you. Nice 50 pop there. Thank you very much, bob. Lets head over to the nasdaq a little further uptown. Bertha coombs following the big movers there. Hi, maengdndy. The nasdaq composite about three points shy of a record high. Apple a big reason why today. Apple at the highest level since back on april 29th and the stock today getting a boost over at Morgan Stanley. Google uses search to look at whether people are looking for flu information to see how flu moves across the world. Morgan stanley is looking and they say theres a lot more search for phones and for watches and so theyre raising their estimates there. Apple getting a boost on that. Also alibaba getting coverage over at bernstein. That is boosting yahoo a little halo effect and amazon has its price target to 520 over at morgue appearan stanley. You can now have groceries delivered in an hour from amazon in manhattan. Finally were seeing the halo effect from that big deal cvs buying omni care. A lot of the pharmacy stocks are moving up as that pbm value continues to get underscored by these values. Thanks very much bertha. A convoy of prison vans today bringing eight men to court who are suspects in the easter become jewelry heist in london that netted hundreds of millions of dollars in stolen goods. Some of those arrested were Senior Citizens all charged with conspiracy. When police made the arrests, they said they found significant amounts of highly valued property they believe was stolen during the burglary. Thieves used heavy cutting equipment to empty hundreds of safety deposit boxes from an underground vault. Lets go to dominic chu for a market flash. Its like oceans eleven. Financial engines, an online Advisory Service for Financial Products spiking on a report that wells fargo will plan to offer financial Engine Services to its retirement platform. The move would make Financial EnginesOnline Service available to 3. 8 million wells fargo 401 k participants. If youre looking for those auto rebalance products in those defined contribution plans, thats what Financial Engines does. Back over to you. Thank you very much. Hewlettpackard selling off assets in china, so its kind of got us thinking just how difficult is it for u. S. Tech companies to break into and or even stay and succeed in that market right now . Remember, many u. S. Tech giants are black balled in china. Plus billionaire blues. Not a problem ill have to face but how do you lose billions of dollars just in minutes . Robert frank has the full story. Well chinas richest man lost half of his fortune in under a half hour. A hong kong billionaire lost 11 billion the next day. Sudden wealth loss hits china, coming up right after the break. The Technology Changes the design evolves the engineering advances. But the passion to drive a mercedesbenz is something that is common. To every generation of enthusiast. The 2015 dream machines, from mercedesbenz. Todays icons. Tomorrows legends. Visit the dream machine event today for up to 3,500 towards purchase. Bring us your aching. And sleep deprived. Bring us those who want to feel well rested and ready to enjoy the morning ahead. Aleve pm. The first to combine a sleep aid. Plus the 12 hour pain relieving strength of aleve. For pain relief that can last until the am. So you. You. And you, can be a morning person again. Aleve pm, for a better am. There is an ancient rhythm. [ ] that flows through all things. Through rocky spires. [ ] and oceans swell. [ ] the endless. Stillness of green. [ ] and in the restless depths of human hearts. [ ] the voice of the wild within. Shares of halliburton and transocean both higher today. Both companies settling claims related to the 2010 Gulf Oil Spill with bp. Bp will pay transocean 125 million and transocean will then pay about 212 million to some claims related to the spill. Halliburton did not disclose the details of its deal with bp. Deutsche telecom ceo said he would consider a partnership to improve the performance of tmobile u. S. Of which it owns 66 . There you see tmobile shares up about 3 today at 36. 25. And shake shack is considering adding chicken to its menu in some way. According to a recent trademark filing shares of shake shack up 8 today alone. Its a hot one, mandy. It is a hot one. I love shake shack. Okay how do you lose 15 billion in 24 minutes . One wealthy Chinese Business tycoon found out the hard way. Robert frank is here with the story. Hey there, robert. This could be the biggest sudden wealth loss in all of history. Chinas richest man lost 15 billion in wealth in just 30 minutes. Li is the chairman and biggest shareholder of hanergy and shares fell by nearly half after li failed to show up for the annual meeting. The company is under investigation by securities regulators in hong kong for stock manipulation. The Company Shares are up more than five fold since september and that helped li surpass jack mah as chinas richest man no longer, of course. In a similar crash in hopping kong, shares of golden financial and golden property fell by nearly half. That shaved 11 billion in wealth from its chairman. Pan was the second richest man and hes known for his love of the finer things in life. He hangs out with Prince William at polo matches and owns vineyards around the world including three in france. In 2011 he bought a vineyard in napa valley for 40 million. In both of these cases you have huge runups in shares that are very thinly traded and owned by a handful of owners so you have to wonder why these shares and how these shares went so far so fast, and why they came down so fast. The speed at which it came up should have been a little bit of a warning sign right . Tyler, over to you. Great story, thank you. Sticking with whats going on in china, shares of hewlettpackard are higher today after the company said its selling a majority stake in server and Storage Company singwa. This is part of hps plan to restructure business there after the Chinese Government started encouraging the use of products from local Tech Companies rather than international ones. Should investors still invest in big u. S. Tech firms specifically if they are getting ousted in china. Joining us is the president of oberweis funds. Jim, are these companies being ousted or has the Chinese Government out of its concern that american infrastructure i. T. Infrastructure companies were being used by our government to collect sensitive information, are they being ousted or are they just making it very difficult for them to do business there . I think theyre certainly making it more difficult. I think its a combination, by the way, of sensitivity to technology but also in terms of trying to kind of level the competitive Playing Field for some of the upstart Chinese Companies. So combination, of course is always being packaged as a security sensitivity, though. So a lot of big, big, big u. S. Companies in the tech field point to growth from china as one of the key drivers of their businesses. So if this is happening and may well expand for whatever reasons the chinese cite which how big a threat is it to these companies and which American Companies are most vulnerable . Yeah sure. So lets look at kid of the ingredients that we would look for in a u. S. Company thats investing in china. First of all i look for nongovernment customers. So anybody who has a really diversified mix of nongovernment customers, i think thats a really good starting point because its just harder to regulate but thats not enough. You also have to Pay Attention to the policy trends. In other words, are you in an industry like cisco where its really sensitive and you know the government is likely to go after kind of the poster child. Third, are you a dominant employer in your field . Id much rather look at Small Cap Companies where theyre just kind of around in there and its not a big deal for the government. Those make lousy poster children. So that would be the way id look at it. Lastly, where does the Market Expectations lie . If investors are already expecting the government to come in and attack that area it may not be such a big deal. On the flip side jim, i know youve identified two u. S. Companies that do actually have a lot of their growth driven by china but which do not face such regulatory scrutiny or problems. Yeah, thats right. We look at Companies Like imax and synaptics. Imax is growing a little bit in the u. S. But exploding in china where they have about 220 theaters right now. Theyre building another 220. But theyre still only like 1. 5 of the box office in china. So its an insignificant share of the market. But theyre certainly benefitting from the overall growth and the end customers are diversified and not government owned. My other pick is synaptics which makes interfaces for computers and cell phones. I like them because they cell both for the local chinese upstarts as well as the majors like samsung and apple. They have a diversified mix and the end customers are likely to buy them no matter which Way Technology shifts. You just have to look company by company, right . Thank you very much. Well the buyer of the worlds most expensive painting is apparently still a large. A week and a half ago at christies this sold for for 179 million to an anonymous phone bidder. Sources say remember there are only a handful of collectors and institutions who can pay such staggering amounts. Billionaires leon black or steve wynn come to mind. Christies had no comment on who the real buyer is. Lets get to Courtney Reagan for a quick market flash. Shoes of lululemon on the move trading lower at about twice the normal 30day average volume. Womens wear daily is reporting the evp of global ecommerce is taking a new job at sock maker stance. Earlier this month lululemon did announce the resignation of 13year Company Veteran delany swietser. That is effective may 29th. This could be the second departure in just a number of weeks. Yum brands ebay val yangtiant pharma some of investors are in. The question is should you get in after the big guys have already disclosed their position . Dom chu taking a look. Youd think not but theres a new study that says you may be better off investing after these guys have already disclosed. Well have the results of that coming up next after the break so keep it right here on power lunch. When youre not confident your companys data is secure the possibility of a breach can quickly become the only thing you think about. Thats where at t can help. We monitor Network Traffic worldwide, so we can see things others cant. Mitigating risks across your business. Leaving you free to focus on what matters most. At chase, we celebrate Small Businesses every day through programs like mission main street grants. Last years grant recipients are achieving Amazing Things. Carving a name for myself and creating local jobs. Creating more programs for these little bookworms. Bringing a taste of louisiana to the world. At chase, were proud to support our grant recipients and Small Businesses like yours. So you can take the next big step. Welcome back to power lunch. Police in london are warning people of the health risks are using fake beauty products, including makeup and perfume. Tests have shown poisonous chemicals including arsenic, human urine and rat droppings in counterfeit products. They have suspended 5500 websites selling fake luxury goods and seized more than 5 million of fake goods in the past 18 months. Tyler. Heres terror of a different kind. I guess you do need makeup so you do need to worry after all. This is terror of a different kind. The newest ride at six flags magic mountain. It is a hybrid wood and steel roller coaster called the twisted colossus. It features two inversions. Look at that. Man, that looks cool. It is the longest hybrid coaster in the world, folks. Four minutes of sheer terror or joy, depending on your stomach. I actually hated, mandy, roller coasters most of my life. Now i love them. What happened . I dont know. I dont know. Youre supposed to become more fearful as you become older. I think the fact that youre harnessed in makes all the difference in the world. They were very rickety when we were young. Lets go to dom neck now. One of the big dilemmas for investors is should you get into a stock after activists have disclosed their position or is it too late, has all the money already been made. Youve crunched some numbers. The conventional wisdom is why get in because they have already disclosed these positions. They have already gotten in and gotten hypothetically more attractive prices and whatnot. Its interesting because the folks over at s p capital iq put out this study of the authors of the study actually looked at whether or not it does outperform the market overall if you invest right after these guys file. So they make their filings and you go alongside them and you know that they bought them. Those filings come out six weeks with a lag. The 13 fs do. 13 bs may be a little more timely. Ds and fs, i was very familiar with those letters in college. High school and college in some cases. Heres what they did. They looked at some of these firms and their study. They looked at investing in these firms right after they filed activist disclosures. We are taking a stake in the company and going to become activists. They then looked at the p