Power lunch starts right now and welcome to power lunch, im Michelle Carusocabrera despite ges drag, although were watching to see if it goes positive, major averages are hitting record highs again dow, s p 500 on track for their sixth straight week of gains check out some of the movers the Home Builders are higher, the etf that tracks them, itb, trading at a more than tenyear high on pace for its eighth consecutive weekly gain. P mp p g down 8 . Paypal rallying on its earnings beat brian . Thank you very much big day for the markets, big day for the markets really they say everything is bigger in texas including todays power lunch because guess what, were back in houston and with the billion dollar buyer, himself, hanging out with his new toeam, the houston rockets. 2 billion buyer of the rockets. Going to join us for the next couple hours we have great guests we got the mayor on, might get a visit from cp iii and james harden, and the man many consider to be the best Hedge Fund Trade
Anna welcome everybody to bloomberg daybreak europe. I am anna edwards. Lets get straight to the blank breaking news. We will talk to the management of these companies. We have numbers coming in. This is the steel company, now much more diversified industrial group. They are raising their even forecast to 1. 48 billion. Raises. Sted ebit raising their profit outlook after selling their brazilian plant. Agreed to sell their brazilian steel plant, and it is making the transformation from steel to diversified groups. Around see what they do their american unit. There is the expectation they will exit the business. There is talks they will transfer the european assets. We will get an update on all of those matters when we speak to the management. Inwill talk with their cfo 45 minutes time. Lets get to other breaking news. Sticking with germany, this is the munichbased insurance company. We are getting numbers. Or solvency ratio is 212 . Euros. Lows of 21 billion operating profit is comes c
What an incredible morning. The insight that dr. Manual provided regarding the intent, results, and the future of the Affordable Care act as well as integrated care and how our industry is moving to a valuebased system was fascinating. Equally intriguing was the description of our complex and evercheesy Health Care System by our esteemed panel of ever i trust their years of practical experience and i trust that they have certainly confirmed the complexity of our Health Care System. Which it isd in changing in america. Im going to take a little bit of view on some of these which it is changing in america. Comments, consistent with complexity issues of the day, consistent with things we need to change the system to make it better, but a slight difference from a quality perspective. Representlth care approximately 18 of our gdp. Rys i think it is a to say the health care as an industry is perhaps the most important part of our economy and growing fast. That was something that was confirme
The Health Care Industry or a discussion hosted by pepperdine university. This is one hour and 20 minutes. Please welcome to the stage John Figueroa cochair of the Health Care Symposium committee and ceo of genoa health care. [applause] what an incredible morning. The insight that doctoring emanuel regarded the results in the future the affordable parents as well as integrated care and Power Industries moving to a valuebased system was fascinating. Equally as intriguing was the description of our complex and everchanging Health Care System by our esteemed panel of doctors and health care administrators. I trust that their years of practical experience and i trust that they have certainly confirmed the complexity of our Health Care System and the speed in which its changing in america. Im going to take a little bit of a different view on this some of his comments consistent with some of the complexity issues of the day, consistent with things that we need to do to change the system to m
The Health Care Industry or a discussion hosted by pepperdine university. This is one hour and 20 minutes. Please welcome to the stage John Figueroa cochair of the Health Care Symposium committee and ceo of genoa health care. [applause] what an incredible morning. The insight that doctoring emanuel regarded the results in the future the affordable parents as well as integrated care and Power Industries moving to a valuebased system was fascinating. Equally as intriguing was the description of our complex and everchanging Health Care System by our esteemed panel of doctors and health care administrators. I trust that their years of practical experience and i trust that they have certainly confirmed the complexity of our Health Care System and the speed in which its changing in america. Im going to take a little bit of a different view on this some of his comments consistent with some of the complexity issues of the day, consistent with things that we need to do to change the system to m