Almost 11 today decline. Every Industry Group is declining on the stoxx 600 today. Credit risk is increasing. The cost of insuring european corporate debt is rising. The market i tracked europes ex on Investment Grade surpassed 100 basis points for the First Time Since october 2013. That is psychologically important. Lets talk about some of the big individual movements. Ins is the big m a story the region. Look at the syngenta intraday share price. The swiss pesticide maker was up 7 . Now it is up 2. 7 . Kim china has tabled cam china has tabled speaking to Aaron Kirtchfeld in about 20 minutes times. Swatch. Shares are down 1 . They were down 5 earlier. Analysts questioning whether it can reach its sales goal for the year. We have bank of america and Merrill Lynch saying retailers have too many unsold watches in their inventory. Demand is weak as well. They are being heard by a slowdown in china. China is the biggest market for luxury watches. So switzerland very much the center. Betty
The forces of the level were starting to come down and the Afghan Forces were not operating along the border because they had bigger issues to deal with deeper into eas in the east ande south. And so, while we had had Excellent Partnership across the border in 2009 and 2010 and some that stand in 2011, that partnership basically ended at the end of november and didnt pick back up again actually it still hasnt picked up again. The other issue was ultimately to attack the insurgent elements on the eastern side of the frontier that we needed for them to go after. And i ran as you may remember in the media i didnt spend a lot of time talking about but we ran a very concentrated operation against the knifes edge and being an partnershi in partnersf afghanistan that committed large numbers. It proved to be quite good as the troops and gave me the sense that we could accelerate the afghans moving into the lead of the crossborder coordination is a very serious issue. Its a major security issue
Morning. Five banks have been hit with major fines. Kayla tousche joins us on set with some of the details. This is the settlement weve been speccing for weeks, for months. An 18month investigation by authorities in the uk as well as the uk as well as switzerland have announced a joint settlement with five banks, urging them to pay more than 3 billion to settle charges of key Foreign Exchange rates in the 4 00 hour is when most of the activity, according to the press releases, happened. Its going to be a costly one for many of these banks. Ubs will pay the most at about 800 for a threeway settlement. The cftc in the u. S. And the federal authority, as well. Citibank will pay 668 million to the fca and the cftc as that Bank Adjusted earnings by 600 million just a few weeks ago as it was setting aside more money for this settlement. Jp morgan chase will pay the two u. S. And uk regulators. Hsbc, 618 million. Even though these are pretty big sticker numbers, guys, it does seem like pretty
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
Health care. We cant cope people into the housing because of the health care or weve left them on the streets because we cant deal with that. Thats a priority thats where we want the resources the cost of effectiveness argument works. Okay. Well this is our opportunity to have a conversation with the panelists. Youve got 15 minutes if you could tells the who you are sure im with bill im with the please state your name and address and i want to thank you all for our comments. Ive an advocate for Affordable Housing. Im sproitd people arent talking about fooshlth. Theres arent the section 8s available for people at the lowest income level. I havent heard you talk about affordability in section 8 so well, i mean thats a key poise. The section 8 program the dollars cope going up every year but because housing costs rise the number of people served e served is reduced. Thats one the facts is affordability you cant afford your rent its stressful. We need to focus on this strategy i normally s