Yields have picked up. Tenyear yield above 5 . That is a significant level. We touched briefly above that for a nanosecond last week. Since then, you have to go back to 2007 when you have seen yields at these levels. 5. 012 for the tenyear yield. By the way, check out energy prices. You will see wti which is off 33 cents. 87. 76. We have merger monday as joe mentioned. Look at what is happening here. Chevron buying hess in the deal of 53 billion. 171 a share. That is a low premium over the Closing Price for hess on friday. Hess shares are up 2. 25 . Chevron down 2. 9 . This deal comes just weeks after exxonmobil made its move to buy pioneer natural resources. Both stocks on the move. Hess ceo john hess will join chevrons board. I just got off the phone with mike wirth. Very low primemium on this. This goes back long before the rumors came out about exxonmobil and pioneer. That deal went through last week. A lot of people thought after the deal, that chevron would look for Something Els
And my view is we need to take transformational reform to solve the too big to fail issue so we never have to ask taxpayers to do that again. Rose and they became vulnerable and could have failed in not rescued because they made such bad bets on subprime. Correct. We had a nationwide housing downturn that none of us predicted. And the banks disn see it either. The regulators didnt see it. And then they ran into trouble. Rose we continue with al hunt on the story with Governor Terry mcauliffe of virginia. You look at how many the democrats start out with and how many the republicans. We have a huge lead in the Electoral College. How do you grow that ledge torral college . Youve got to go to states of new mexico and colorado an nevada with large hispanic populations. They have watched this Republican Debate in the attacks on the hispanic community, on the immigrant community, whatever it may be. This is such a turnoff. And we generally get, you know n this mid 60s percent of the hispanic
And my view is we need to take transformational reform to solve the too big to fail issue so we never have to ask taxpayers to do that again. Rose and they became vulnerable and could have failed in not rescued because they made such bad bets on subprime. Correct. We had a nationwide housing downturn that none of us predicted. And the banks disn see it either. The regulators didnt see it. And then they ran into trouble. Rose we continue with al hunt on the story with Governor Terry mcauliffe of virginia. You look at how many the democrats start out with and how many the republicans. We have a huge lead in the Electoral College. How do you grow that ledge torral college . Youve got to go to states of new mexico and colorado an nevada with large hispanic populations. They have watched this Republican Debate in the attacks on the hispanic community, on the immigrant community, whatever it may be. This is such a turnoff. And we generally get, you know n this mid 60s percent of the hispanic
So that went my copay jumped from 0 to 300 that month. Those are the kind of things youre constantly trying to stay in front of as a patient. And again, i could be any of you. Right. Well, that concludes our morning session. We were going to take a onehour break now for lunch. As a reminder, you are not permitted to move around the building on your own. If you want to purchase lunch in the cafeteria on the top floor, go to the registration desk. You can go outside and to the left. Well presume promptly at 12 45. Join me first of all the in thanking this panel and wishing heather all the best in your treatment. Thank you. [ applause ] up next, more from the department of health and Human Services forum on pharmaceutical noin vags and drug costs. Panelists share ideas on improving access and affordability to high quality drugs. Welcome back, everybody. I hope you enjoyed your lunch and your break. Were now going to move on to our next presentation. And i have the pleasure of introducing
And coming up, more on the recent health and Human Services forum on pharmaceutical innovation and drug costs. Up next, senators from medicare and medicaid acting administrator andy slavit and purchasing strategies for the pharmaceutical industries. This includes manufacturers, employers, consumers, Health Insurance providers and government officials. Once again, if you will all take your seats well get started on the final panel of the day. Where as promised, well devote our discussion to outcomes based purchasing, what is the potential for those, what are the obstacles and how do we get to better value and better accessibility for patients as soon as possible through these and other mechanisms. Let me introduce our panelists now. You have been introduced to at least this gentleman there, dan durham, Senior Vice President of ahib, thats americas Health Insurance plans. And ken frazier is with us, the president and chief executive officer of merck and company. One of the premier pharma