They come out, melissa. Melissa stocks ending off session lows. Adam shapiro at New York Stock Exchange. Trader phil flynn standing by at the cme. Lets start with adam. Dow settling below 100 point loss. Well see if we hold it in next minute or two. S p 500, essentially positive for the year. Dow is positive for the year. Nasdaq by the way is down for the year almost 6 . Talk about mcdonalds. Mcdonalds had really good day. If you like garlic, just dont kiss anyone after testing the new garlic fries. Theyre testing garlic fries in san francisco. Americans love french fries. Mcdonalds, they love the stock. It hit another alltime high. Up to 143 at one point. In august of 2015, this stock hit 52week low, 87. 50. Mcdonalds turned it around. Up 8. 6 yeartodate. Melissa . Melissa thanks so much for that, adam. David it was crazy day for oil. It was way up and a bit down. Phil flynn, Price Futures Group joins me now. Phil, looking at a market watch piece, oil prices have nowhere left to go but down. Do you agree . I totally disagree, david, and let me tell you why. A word i call production destruction. Were seeing biggest pullback in Energy Investment in history of oil. At some point it will take its toll. If you want to be bearish dave, you have to be concerned about Global Economic growth. Youre looking for a major slowdown but the way i see things, despite fears of slowing economic growth, we saw some of that in oil price today, the actual hard numbers dont really line up with that. Gasoline demand in the u. S. , near record high. Distillate demand, really, really strong. Were seeing production fall in the u. S. Eight weeks in a row. U. S. Production fell, it fell by over 100,000 barrels a day this week. That to me shows that supplies are going to tighten in the very near future. David interesting. Taking on market watch. Our man phil flynn. Thank you very much. Phil. Melissa breaking news. Fox news confirming that john kasich will suspend his president ial campaign. The Ohio Governor is set to make a formal statement . The next hour. The statement well bring it right to you when it happens. Indiana primary is in the books for the democrats and Bernie Sanders shocked Hillary Clinton with an upset win. Now focus shifts to kentucky and West Virginia, two states economically devastated by the collapse of the coal industry. Our own Peters Barnes joins us with the latest on that. Peter . Reporter hey, melissa. Bernie sanders is trying to build momentum from his unexpected win over clinton in indiana on tuesday night. He is campaigning in kentucky today, coal country, where Hillary Clinton just finished a twoday campaign swing. He is predicting victory there as well as in other upcoming primaries in West Virginia and in oregon. Now sanders, what i mean, sanders is not himself soft on coal. He has a Big Green Energy plan that includes a carbon tax on fossil fuels but clinton has been dragged down in coal country by the obama administrations tough regulations of the industry which critics say amounts to a war on coal. And by her own comments on coal. As you recall back in march when promoting her 30 billiondollar economic plan to help coal community, she said, quote, were going to put a lot of coal miners and Coal Companies out of business. On her visit to kentucky, West Virginia, southern ohio this week she was singing a different tune. Here in ohio, a few weeks ago during the ohio primary sounded like i said something differently about coal miner jobs. To put it plainly i misspoke. One reason why i took this trip, to say that directly to the people who are affected. Reporter now as a percentage of state gdp, the coal industry is 3 , coal mining rather, is 3 for kentucky and 10 for West Virginia. Melissa . Melissa thank you so much for that, peter. Ashley webster right now with breaking news. Earnings on 20th century fox. We sure do, Parent Company of fox business network. Earnings, 47 cents per share. Exactly in line with the estimate. Meanwhile revenue coming in at 7. 23 billion, which is slightly better than the estimate. By the way cable revenues they were looking for 3. 88 billion. It came in at 3. 94 billion, so some higher numbers coming in. The estimates being beaten just slightly by 21st century fox. As you can see the stock moving slightly higher in afterhours trade. Melissa ashley, thank you for that. Well drill down more details coming up. David we will. Cbs earnings came out and they were a lot higher. They had a super bowl, super bowl l as a matter of fact, they got huge revenues. 20 First Century fox, of course the Parent Company of fox business, had revenues because of political ads. Political ads flowing in not only Fox News Channel but affiliates, companyowned affiliates. When the New York Primary hit i saw some affiliate people here were saying a lot of cash coming in. Melissa always good in Political Year especially year like this where people have lot of money to spend, were moving on. Continue with the coal mining story again and play sound from what happened here yesterday. Play the tape. Im hurting now. There is a lot of families that are hurting and going without right now. Were not worried about down the road. Were worried about what were going to do for our families now. The miners in West Virginia and pennsylvania so great to me last week, ohio and all over, theyre going to start to work again, believe me. Youre going to be proud again to be miners. [applause] david first we had coal miner bo copley on our show yesterday. Then donald trump appealing last night to folks in the coal industry who are hurting bad but can trump turn these coal miners lives around and bring a dying industry back to america . Here now, charles payne, host of making money on fox business. Charles, thanks for coming in. Lets be specific. Look at these numbers, obamas war on coal, he has done it, and waged war through the epa and other actions he has taken. 29,700 coal jobs killed, 422 coal mines closed as a result of his actions. Can trump revive the coal industry after that . It is going to be real tough, david, and ill tell you why. There has been a big coal war around the world. There is a slump. Even china laid off 1. 3 million coal workers. Apply 15 billion to try to retrain them to get into other industries. Here is the problem though. You hit on it. There was natural trajectory for coal and transition to socalled solar or wind and those kind of things. It probably would have happened naturally over the next 20 years, 30 years, 25 years. Instead president obama rammed it down the industries throats. David yeah. It was epa, clean air act, ozone, materials, particles, fuel, every aspect. Every single angle that president obama could he took. They cant retrofit the power plants the degree they needed to be. The fracking material made natural gas so inexpensive it is tied with coal for electricity. David charles, i have to interrupt you because tesla earnings are out. Speaking of one industry making waves, it uses a lot of coal to make energy for electric cars. Tesla out with First Quarter results. Adam shapiro at New York Stock Exchange with details. How did it do . Tesla shareholders are happy. Loss was smaller than expected. Street was expecting 58 cents. Revenue came in at 1. 6 billion. That stock in aftermarket is up anywhere from six to 7 . They expect to hit the 500,000 build number, that is models they will build, by 2018. Model 3 deliveries, the new sedan, 35 grand, they took delivery they expect in 2017. Melissa, they expect Capital Expenditures to be 50 higher as they move forward. If they build that 500,000 build model unit. David put a fine point, these are not earnings but losses. The losses were not as bad as they thought it would be. Melissa. Melissa but they keep getting larger as time. Jonathan hoenig, capitalist Pig Hedge Fund and you gary gastelu. What jumped out there . Jonathan you look as the stock with unicorn, no matter how much money people lose they continue to be excited about it. What do you think about the numbers . They have been. That trend is turning. We see it turning after hours. Even the after hours beat, numbers beat a lot of what expectations were. They havent recouped losses today. Tesla, you have to fairly value thing. Wall street values it 620,000 per car sold. That is almost astro astronomical. You have to look at it as a pipedream. This is name like apple, another big cap classic tech people should probably avoid. Melissa go ahead, charles. I definitely wouldnt compare it to apple. One trade at valuation metrics extraordinarily low. Whether you think they continue the miracle, apple, to your point, jonathan, i agree 1000 . I would not chase it in the aftermarket. If it goes to 223, youre looking 100 and is 50. Three months ago the street was looking for gain of 10 cents. Were looking for loss of 58 cents and beat by a penny. I wouldnt celebrate this listen to the conference call. Anybody buying this in the aftermarket might be a little nuts. Melissa gary, something people will listen to on the call, how fast they get the cars out. Downward revision for q1 sales or the total year. You made the joke before that spacex may land on mars before you can easily buy a model 3, right . They sent a strong message, getting rid of heads of manufacturing and production. Had a lot of issues meeting deadlines. Putting out quality products. Heard that from consumer reports. Doors on model x are a big problem. Seats in the model x. They need to clean that up before they think about building 500,000 cars a year, not easy to do for anyone yet alone a little startup building hightech car. They will have to fix that in two years if they will do it in 2018. Melissa jonathan, another interesting thing about this stock it should be politically sensitive. They depend on 7500 of subsidies per vehicle. However much this industry is favored really drives sales and how much i would say profit except theyre not making any but you know what i mean, right . Exactly right. This is a company like a lot of Green Energy Companies that really only exist there but for the grace of subsidies and incentives from the federal government. So a lot of analysis here has to be political. What will next Administration Policy subsidizing Companies Like tesla, in this type of arena. Market doesnt even know what to make of tesla. In the last three months alone it has been down 50 . Up 90 . Trading at unbelievable estimates of future earnings, this is pipedream attached to a piece of paper. I would avoid. Melissa charles, try to top that. I agree with respect to being cautious on the stock. I played tesla a lot in last few years. I will go back to your comment though. Think about this, melissa, average person that buys tesla is in top 10 of this nation. Theyre college educated. They live in places like california where they not only get federal subsidies but local subsidies. Imagine subsidizing millionaires to buy cars while regular folks are buying overpriced used cars that take gasoline. Melissa gary, taking it to very serious place, we had bo copley on the show who was breaking down over losing his job in the coal industry because people like Hillary Clinton talking about clean energy out there. Yet you have subsidies for this type of a car and by the way, my partner here pointed out the fact this is being powered by coal in large part because youre plugging into electricity, ironies abound with this one, gary. How do you sort it out . That is part of the success but already a problem for tesla. California is rolling back subsidies for high income buyers. Once tesla sells 200,000 cars, that will lose subsidy. That is 7500 per car, makes it a lot less competitive. They are there in first place to get businesses kickstarted. Once other companies catch up they will lose subsidies unless there is big change, get renewed or expand the subsidy program. Really depends what the next administration looks like. Melissa thats true. We would be remiss if they rolled out model 3, a month ago, 325,000 orders right out of the gate. With no plans to get car soon. No matter how much trashtalking people line up to buy vehicles. David. David if there is republican president you wonder what happens. If you shop at whole foods youre pretty happy in particular, if you have the stock. Theyre adding to afterhours. Adam shapiro on the floor of the stock exchange. Good day for whole foods . It was, david. Beat on earnings per share 44 cents. Street was expecting 41 cents. Revenue slightly below the what the street expected. Revenue came in at 3. 7 billion. Couple things to Pay Attention to, samestore sales actually fell 3 but full 2016 fiscal year sales growth is expected to be up to 3 . David . David all right. Good afterhours. Thank you, adam. Appreciate it. Melissa lot of earnings there. David indeed. Melissa claims more lives in america than respiratory disease, stroke and alzheimers and totally preventable. Results of a new report on the high cost of medical errors. David john kasich is expected to announce suspension of his campaign within the hour, leaving donald trump the last candidate standing in the running for the gop nomination. We will take you live to columbus, ohio, when kasich takes the mic. Melissa one of trumps main selling points has been his selffunded campaign. How long can he keep that up in a National Election . Our panel weighs in. I think it is most likely i will because youre talking about a billion dollars or a billion 1 2 dollars. And youve got it. I do have it. All i have to do is sell a building. Its a fact. Kind of like social media equals antisocial. Hey guys, i want you to meet my fiancee, denise. Hey. Good to meet you dennis. When a moment turns romantic why pause to take a pill . Or stop to find a bathroom . Cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. 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Thats why dentists recommend cleaning with polident everyday. Polidents unique micro clean formula works in just 3 minutes, killing 99. 99 of odor causing bacteria. For a cleaner, fresher, brighter denture every day. Melissa 21st century fox, the parent of fox business, reporting a big rise in revenue in the third quarter. Lets go back to Ashley Webster in the newsroom for more details on this one. What did you see . Overall revenue figure, 7. 32 billion, beat estimates. Up 5 yearoveryear. When you break it down looking at cable revenues, coming in 3. 94 billion. That is beating the estimate. On the Television Side the revenue coming in at 1. 3 billion. The estimate there was slightly under that. All the political season, ad revenue certainly helping. On Film Entertainment side, revenue was 2. 23 billion. Street was looking for 2. 4 billion. Cable and tv side, revenue exceeding expectations but on film side just slightly below. Melissa ashley, what youre saying cable is fantastic business . Is that not to mention it is a good business, we might want to stay in it. Growth business of all industries. Melissa now you have gone a step too far. Sorry. Melissa david. David well keep checking back to see how all the stocks do afterhours. The end of the stop Trump Movement for one antitrump group. Club for growth pac and club for growth action will do what weve always done best, fight hard to win Congressional Elections for true economic conservatives. Will gop donors also focus their funds on congressional races as opposed to president ial race . Here to weigh in phillip klein, Washington Examiner managing editor. Great to see you. Youre part of the never Trump Movement, fair to say, correct me if im wrong but what are your feelings what happened last night . I dont like to necessarily call myself part of the movement. Im a journalist. I have conservative views and my views arent consistent with donald trump and i david but there is no way you would vote for donald trump . No. No way i would vote for donald trump. David that makes you no way i vote for donald trump, movement of one in that regard. What do you think about last night about what happened . Clearly voters spoken and Republican Voters want donald trump and that is the direction that the party has decided to go. You saw that reince priebus, the chairman of the rnc pretty immediately jumped on and called trump the presumptive nominee. With all of his rivals out, it clearly will be him and indiana solidified that. David but what do you think about the country itself . Youre stating obvious. The real question what do you think will happen in november and what has happened in the country they would vote for donald tru