We begin with pfizer going after as traseneca. Bank of america and or previous Parent Company calling his meeting with the french president productive after the companys intensions to buy the Power Systems business. Pfizer says it is now considers options having two take over bids. Pfizers initial bid significantly undervalueed it and that it remains confident in its strategy. So much for shrink to grow. Well, i think that pfizer is a company that is always pro shareholder. If you have seen and acquire and get with you overseas shareholders like it. As tra seneca is not a great company. They have things in the pipeline that they see. But it is relatively unexpensive. They must like the pipeline better than we do. To your point it has been the key strategy in a way and the plan to separate the company and the divisions to separate them. You are talking about new division and you have the products that are off patent. Th that it would be incorporated into those three units. It goes to th
Melissa. Welcome to a friday addition of iet makers on a very am a very fortunate stephanie ruhle. I am the lucky one. Matt miller in for Erik Schatzker. Pleasure to be in. I just want to point out, as we were getting excited, you said lets goose this pig. What does that mean . Crumpton says that every time he starts a program. I want you to know when you are sitting next to me, kicking it off with lets goose this pig isnt so good. That is a little behind the scenes there. Now time for top news. Rupert murdoch is raising cash potentially to sweeten his bid for time warner. 21st century fox agreed today to sell its pay tv businesses in italy and germany to bskyb. Fox has 9 billion all in cash. Herbalife is upping its game in washington. The company is hiring a former aide to Vice President biden. Alan hoffman will oversee Public Policy and government affairs. Is currently investigating the company over allegations that it is a aramid game pyramid scheme. With seinfeld is in talks netfli
And despite the modest successes of the Affordable Care act, we still 40 Million People in this country but theyll healthinsurance, and we remain the only nation in the industrialized world that does not guarantee health care is a right, and we have to change that. [applause] there are a lot of angry people out there. See them on tv a lot of the time. Unfortunately, many of them are angry at them for the wrong reasons. And whether you are in the occupy wall Street Movement or the Tea Party Movement and you are a conservative, you have a right to understand what is happening in the economy today. Today, despite a revolution in technology, which has made every worker in america more productive, the fact of the matter is that the standard of living for working people continues to decline. Since 1999 the typical american family, a family right in the middle, has seen a decline in income by over 5000. Incredibly, that family today earns less income than it did 25 years ago. If you want to k
Fight against apartheid. The system of white rule over the majority black population. To feel that it is for us to continue talking nonviolence and peace. He was jailed for organizing demonstrations as well as treason and sabotage. He spent 27 years behind bars, but his jailing fueled the fires of freedom. His plight became an International Symbol of oppression. International businesses boycotted south africa until the government finally relented and released mandela in 1990. The famous prisoner instantly became a superstar who energized the people and became the first black person to run for president. And with the South African black population voting for the first time, mandela won in a landslide. The country celebrated and so did the rest of the world. But behind the scenes, there was trouble in his personal life. There was a messy divorce with his wife, winnie, who stood behind him during his years in jail. Nelson mandela, whose 9300th birthday was celebrated across south africa a
They are written for scientists or technologists or experts in whatever the field is whether its mechanics or fluid dynamics or bio chemistry. And the Patent Office actually encourages you not to put too much background science into your patent, but its all deemed to be there. So, when a generalist judge gets one of these patent cases, they have to figure out what the patent means in order for them to figure out whether the patent is a valid claim of an invention and whether the defendants invention infringes the patent. And often thanks to a ruling the Supreme Court handed down close to 20 years ago called markman, they have whats called a markman hear chg is basically a little mini trial before the court, not a jury, where they decide what the terms in the patent mean. Often you have experts testify. Now, usually in federal court when you have experts come in and testify and the judge decides which expert he believes and which expert he doesnt, that is reviewed very deferential on ap