Street smart starts now. There are the top stories ahead of the closing bell. Mylan made a hostile bid the perrigo deal would be my lens biggest yet mylans biggest yet. The real fraud and markets can be found in the pool of debt from europe to japan. The bubble is not sustainable. The statue of liberty on Liberty Island evacuated this afternoon after police receiver sports reports of a suspicious package. Police patrolling picked up the scent of a suspicious package charlie before 1 00 p. M. Lets go to the breaking news desk. After a 15 year drought, the nasdaq closed at a record high yesterday. Clearly the performer among these three major indexes. Volume and nasdaq stocks is 15 above the 10 day average. Google, microsoft and amazon those earnings those come from three Nasdaq Companies that Strategic Research group calls tax staples. They have matured into these cash generating behemoths with all of the above strategy for growth. That is helping to propel the nasdaq and leading to wha
The express scripts and many insurers and employers and the plan to put cancerfighting medicines in the pay for performance category. Shares are up 27 over the past year. Here to explain how this would work and the impact it will have on doctors, patients and maybe the stock. As you mentioned it sometimes referred to as pay for performance. The medicine should be reimbursed based on how well they work. I spoke about the plan and it has two parts. How well drugs have shown to work in different cancers. Steve miller cites a drug as an example approved for lung cancer and pancreatic cancer. It is proven to extend lives by months for lung cancer and only by a couple of weeks for pancreatic pancreatic. The new plan would reimburse more for the first. The second part looks at how well they work for individual patients. They require more testing up front and monitoring patients as they receive treatment. They said they have been listed and cancer drugs. Steven pearson for the clinical and eco
Arrested while protesting for Worker Rights outside of laguardia. New york city councilman mark levine was among those taken into custody. He is out of the clinger. You went to jail for this. Do you feel good about that. This is cause many of us feel strongly in. Core value in new york city, around the country, people that work hard, play by the rules should earn a decent living for families. For airport workers making 8 an hour in new york city, they are nowhere near acceptable living wage. Melissa without question. At the same time, these are public corporations. They have earnings every quarter. They have to go back to shareholders and compare what they spent this quarter with what they spent last quarter. They have to make up the money somewhere else. Arent you worried they will cut hours . These are Public Companies in facilities owned and operated by government agencies. Melissa but arent you worried they will cut hours. This is work essential to the economy and essential to air
To the floor of the Stock Exchange Nicole Petallides standing there. Nicole we are down 6 of the last seven trading days, a different picture. Some things that may have turned the hour around the dow is up 156 points, a gain of one full percentage point. What may have caused this word gdp numbers and also economic numbers were good or good enough, earnings and outlooks that seem to be better than what we have gotten over the last 24 hours and fewer worries about emergingmarket, took out a wild card. That being said, the dow is 154 points, the s p 500 up 1. 3 . Lets take a look at ups, profit came in, stronger 2014, tough time during the holiday season, a flurry of lastminute orders. Up 1 right now over 52 weeks, year to date, ups and fedex still in the red. Back to you. Lori gains on wall street, emerging markets, crawling back from their route to. Trading near the level before the central bank announced its rate hike. In russia, a 5year low against the dollar earlier, now coming back
Shares down despite forecasts beating figures. Analyst caution the Smartphone Market is saturated. The ceo tells us there is Growth Potential elsewhere. Even in the lowend smartphone, theres the low end opportunity for many components. And we see generally that growth of low end and entry level phones. And apple is looking at the next shot in the tablet wars today, expected to unveil new ipad devices, big and small. Plus, seg gets a billionaire boost. Bill gates buys a stake. Now the second biggest now the second biggest shareholder in the company. Hello and welcome to this jobs tuesday. You know, it makes sense. Coming up on todays show, patrick, cena are growing novartis has delivered the right medicine with improved abroad. Guide kwans. And well head stateside to speak with one strategy that says the good times are here to stay. Why is that . Well find out at 11 40. Any comments on this jobs tuesday . Email us, worldwide cnbc. Com. Trust me, that is the email address. Now, its bette