Markets and the feds and beyond. Lets get to andrew with breaking news on valeant. Another turn, the drug maker says its ending its relationship due to the Specialty Pharmacy business practices. The company saying it has lost confidence in the ability to operate in a manner acceptable to valeant. In response it said it would shutdown operations as soon as possible. Cvs health care also dropped them. Cvs saying it will no longer use services after an audit found evidence of noncompliance. Now valeant has been facing a lot of pressure and is facing federal scrutiny as well on the drug pricing and distribution policies so this is a big issue. Also activist investor and one of the largest shareholders expected to hold a Conference Call discussing his firms investment in valeant. Philidor represented somewhere between 5 and 10 depending on whose math you were doing for valeant. This will be a direct hit on the company but does seem to be suggesting they take some steps. Another story, one o
Mohammed eleran. This economy has a 50 50 chance and well likely to have another financial disruption in this market. Looking forward to that. Bill clinton and Lloyd Blankfein, a dark alley where someone gets their throat slit and one paragraph in Tim Geithners new book in the financial crisis. Our Andrew Ross Sorkin spoke with the former treasury secretary. More on what bill clinton told tim geithner when the world was on the precipice back then. Andrew will join us next hour to talk about that, so were looking forward to that. Where we stand an hour to go into the close, a little bit of Different Directions here. Depends what happens with the s p the dow is up about 12 points and the nasdaq is also higher today, and notably we should add that its been leading the market downward the last couple of sessions and s p 500 sitting on the flat line at 1875. Lets talk about it with our closing bell exchange, quincy cross by and ken mahoney and eric from russell investments, ron mullencamp a
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Creativeland launches Asia Crossbow Insights
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It is a specialized research division led by Shalini Sinha, and focus on using consumer behaviour and technology to help strengthen brand transformation.
Creativeland Asia today announced the launch of Crossbow Insights - incepted with the belief that it is not âWHATâ we need to ask but âHOWâ we need to ask. Shalini Singh, CEO, Consumer Intelligence & Director of Strategy, will spear the consumer insights division. The aim is to bring together creativity, technology-based deep learning and science to help re-think, re-evaluate, re-design problems and get a renewed perspective. Crossbow Insights will help brands reach deep-seated consumer truths to unlock the next level of growth.