Immediately. A lot of moving parts here. It is completely overhauling and remaking this company. It just depends on which businesses fit in with the ones you have and how you want to position yourself for the future. Were talking to lickliter, arent we . We are. From eli lilly. Novartis is up 1. 25 in reaction to the news, Glaxo Smithkline is up by more than 4. 5 and eli lilly up by 0. 5 . A couple programming notes for glaxos ceo, sir andrew witty will be here. At 7 15 eastern time as joe just mentioned, we have an exclusive interview with eli lillys chief John Lechleiter. When there were rumors about more consolidation, theyre all looking for ways to go into a somewhat uncertain future by a promising future as well. Animal health, thats a big business. I was thinking about it upstairs. We love our pets. Well pay anything for them. Whats the worst thats going to happen . Im sorry. Its heart breaking but you lose a patient, its not quite the same thing. Not quite the same thing. My unc
An address to congress tonight. And stocks getting a slow start to the week. The s p falling for a fifth straight monday. Today is tuesday, anyway, february 12th, 2013. And squawk box begins right now. Asian markets shrugging off the tests in north korea. But markets in china, taiwan remain closed. North korea says a miniaturize ed Nuclear Missile was tested. The u. S. Ambassador to south korea responding to all of this. Its a very provocative act that undermines Regional Peace and stability and i think it would be critical for us to coordinate very closely with you and our colleagues in south korea going forward. Were going to talk more about washingtons reaction and what this all means for geouncertainty and our guest hosts for this hour, Jared Bernstein who works as the chief economist for joe biden. Tony is joining us and Capital Alpha markets managing director Chuck Gabriel. Theyre also going to talk state of the union. John harwood sat down with dave axlerod yesterday. He will jo
Results which just came out a few moments ago. Comp sales down. There were expectations for a slight gain for comp sales. Julie hyman has more of the largest restaurant chain. The golf continues to struggle. You know a lot about the company having gone inside mcdonalds. They have been expanding their menu and tried to get their value opposition right and have been having a lot of trouble with that in recent months. In fourth quarter, comparable one 10 of ay percent. Analysts were looking for a gain of half a percent. Worse. U. S. , things were it is a larger drop that had been estimated. Europe was worse, asiapacific, middle east africa, all of these regions were worse. Now the company says it will try to return cash to shareholders and if it cant get its intercept it will help things out by giving shareholders a little cash. It will return 5 billion to shareholders through dividends and buybacks over the course of the year. That is the authorization that the company is giving. In the
This is the worst day for gold so far since the day of the taper last year. In our road map, sales of cocacola beat expectations driven by strong numbers out of china. Cnbcs exes cluesive with the ceo of coke on earnings, activism and diet soda. Johnson johnson moved the stock higher, j j ups its forecast for 2014. Profit rises as drug sales soar. End of the 20year ceo, the journals say jeff immelt may end his tenure early and a message for ges next executive. Starting now for one day only google glass goes on sale supplies are limited but will we actually see any demand. The price tag 1500. First up, stocks on track to open higher following yesterdays rally saw the dow close with the 146point gain and the nasdaq up 23 for the day. The session did not end without some drama. Stocks lost a big chunk of their gains in the final hour and that did send the nasdaq into negative territory for a short period before heading back into rally mode. It is a tuesday, jim, markets been up 12 of 14 t
Those numbers expected to hit at 7 30 a. M. Eastern time. Then well have muhtar at 8 00. Johnson johnson expected to report. Theyre expected to earn 1. 48 a share on revenue of 18 billion. After the bell, youll have to wait for it, intel and yahoo are reporting. You can get the numbers on the closing bell. Then on the economic front, hire whats going on. The government is going to release the Consumer Price index for march. Economists expect a slight tickup, up. 1 . That is coming at 8 30 a. M. Eastern time. We have a lot on the agenda. Midnight is the deadline for taxes, right . Yes. Are you done . Oh, yeah. I paid for my Auto Insurance, er. No extension . No extension. Straight. Okay. Good for you. Huge bulls eye on your back. Yeah, for sure. Youre like one big like tea party. Youre like a Big Tea Party yeah. Youre one of those nonprofit. Yeah. They dont like you. No one as. Going to rain on your parade today, andrew. No one is going to rain. This is a big day. Its a day to celebrate