Are we in the slightly positive territory . Julie we are but a little earlier than you than before. It is a little relevant. Relative. The nasdaq has doubled its gains. What is notable is the s p 500 is now above 2100. This level has been seen as resistant by some technical traders. We will see especially given the pivotal report on jobs, whether the s p can sustain a gain above the level. We will be watching it here look at the mixed picture we have. Energy shares continue to pull back with utilities and tech. Care sharesn health going into this weeks meeting. American society of clinical oncology, a lot of news tends to be made on that meeting. Consumer discretionary caught my eye because a lot of the stocks are coming back from recent losses. News. Does have some the company came out with its earnings yesterday. Is raisingn murphy its price at 69 following the companys earnings report. Comparable sales were unchanged but analysts have been predicting a drop of 3. 5 . It looks like a
And others were looking for higher prices. For the second time in two months, opec mebdz unable to strike a deal. This meeting was also relevant because for first time in 25 years, the saudis set a new oil minister and we heard from him for the first time coming out of the meeting. Of course, he talked it up. Listen. We are extremely happy. I think the market is in good shape. The market is balancing. Trends are all good in terms of supply and demand. Prices have recovered somewhat. I believe they will continue to recover. Spirit of the meeting is very cooperative, collaborative and all of the ministers see basically the same funneledamen. A lot to decipher in that short sound bite. Our guest is also making a long journey. Before we get into prices and market balance and everything, what if anything did we learn from the new saudi minister today . I mean, basically, i think he went on the listening tour. He really wanted to convince the rest of opec he cared. He was not impervious to t
Assets, and there is to be another round, but verizon is said to be the frontrunner. Dennis, i naturally go to you fir first, and what does the size of the bid say, and any color about how this round is going . Well, i dont know if i have a lot of color necessarily, but what is important is that there are so many moving parts, and whether it is the patent portfolio, and how the assets of yahoo is structure and it is not the way of a straight action as we want to cover it in the press. So many moving piece, and we have to take it with a caution because the headline number may not be the thing that matters most by the board, but it is what they could fetch for the other assets and also how they structure yahoo japan and alibaba holdings. And with all of that in mind, how are we supposed to judge or evaluate the process if not just on the headline number . Well, we will have to wait and see what the final outcome is of course, and there are opotentially other bidders and private equity bi
Supported the war. I oppose going in. And i did oppose it. Despite the media saying no, yes, no. Reporter both clinton and trump are trying to make the case that the other is not fit to serve as commanderinchief. Clinton said trump is not really a republican after he praised russian residents leadership. What would Ronald Reagan say about a republican nominee who at generals and praises russias president . Reporter clinton trump says clintons use of an email server let democrats defended clinton by releasing this email from former secretary of state colin line so he could communicate without going through the state department servers. What would you do if you were elected about aleppo . What is aleppo . Its in syria. Its the epicenter of the refugee crisis. Okay got it. Libertarian president ial drew a blank when talking about the refugee crisis in syria. If elected he said he would be against military intervention in foreign countries. Symbol of hope. The American Flag hoisted at grou
A long interview and covered a lot of topics. Mylan had the target on their company and heather had the target on her back as well. Not only because of the price increases but the jump in compensation for her and other executives. Bad combination about 90 days before one of the most contested president ial elections in American History and really the epipen price increase, not just this one but 17 over the past decade or so since they bought the drug from a German Company was squarely in focus and we talked about it. And in part she blamed the system. It seems everybody is taking a cut. I layed out there are four or five hands that the product touches and companies that it goes through before it ever gets to that patient at the counter. No one, everybody should be frustrated. Im hoping this is for this country. And see if she rolled back this price increase the others in the chain may not. Thats why she argued that the rebate they offered, the 300 would be a better deal for consumers t