Tech names may be beneficiaries of a decision the United Kingdom has made when it comes to huawei and 5g. But wait a minute. The big banks did send up some warning flares in their quarterly reports on this first day of Second Quarter earnings season. Why are the biggest names in finance fast inflating their Rainy Day Funds . What do they see that you might not . Our floor show traders are on it. They will shine a light on it and explain. Just as teslas stock bubbles even higher, here comes a potential pin to pop it. Fisk fiskers uber cool all electric ocean suv with its 300 mile range, karaoke and california mode features is ready to open the reservation lines. Founder, chairman and ceo lhenrk fisker is here on his unique route to the New York Stock Exchange, taking on elon musk and yes, he will explain what california mode is. Pretty cool. From california all the way to a tiny private island on the east coast where the wealthy elite are ready to pay a pretty penny to escape from the c
Cli clinic reported that price increases added 8. 6 million to its budget. And isoprell and gneiss nitropress are both heart medications, am i correct in that . Correct. Given the choice between paying higher prices and risking the lives of their patients, most hospitals choose to knuckle under and pay the press, am i correct in that . I assume that is correct, yes. So by raising the price of these medications exponentially, you are forcing hospitals to make that decision between their budgets and essentially their patients lives and wellbeing almost like holding a hospitals own patients as hostages against them. Of course valiant was not the First Company to raise prices. Valiant actually bought isoprell and nitropress from a Company Called Marathon Pharmaceuticals, correct . Correct. And Marathon Pharmaceuticals acquired the drugs in 2013 another manufacturer. Marathon also raised prices in the two years it owned isoprell and nitropress by about 400 averag each. Marathons price incre
Week. Right now, i am calling it flat. It is noncommittal. There has been a lot of data we have been crunching over the day. This is where we stand with about an hour left to go in the trading day and week. The s p 500 down. 1 . The dow not far behind. Recently flat. As i was talking about data, u. S. Factory output fell, Consumer Sentiment felt. All of this weighing on the markets. Also, oil falling. Lets go to my terminal, the bloomberg terminal, and look at what is happening with the Sector Health of the s p. As few ase had three sectors in the green. Utilities of the most by. 8 . Energy down the most by about 1 . That has to do with falling oil. Lets look at what is happening with wti crude. Down for the 2. 8 , third day in a row. Dohae looking ahead to when 18 ministers from oilproducing countries will get together and say, do we want to cut production or not . Also quickly, the bloomberg dollar spot is down by about. 2 . The following dollar but off session lows. Carol noncommitt
Efforts in the pharmaceuticals to try to get away from that perception. They have used backlog to capitalize on a system that allows them to pillars of market. Times when there were no backlog and there were still no generic competition to them, other reasons that for a very small segment, the 88 pet for small segments there is no generic competition. She we at the end of the 1st program will have eliminated the backlog and be in a steadystate type of activity, stillactivity, still the problems with drugs that dont have generic competition. Bio similars. Do you think they can play a part in a patients access to the drugs they need . Absolutely and is what they are intended to do. We have vigorously enacting the program. We have had a vigorous response. Aa patient and healthcare professional confidence and bio similars is essential for savings to occur . I believe it is the number one issue. We completed studies of seizure drugs because all these years later in the drug the urologist is