we have full coverage of the health care ruling and reaction. but we ll begin this hour with a battle royale between boeing and lockheed. they are locked here over which company will get a $55 billion air force contract for the next generation of american bombers. boeing shares in the $142 range. there you see north up thererop grumman. all three players are involved but it s two against one, in the coming weeks the air force is going to award the last manned contract award for the next 20 years. it is possibly whoever loses may be forced to get out of that business. it is for the air force bomber. very secretive. we don t know many details but the hope is to buy up to 100 planes at a cotst of $550 million each. this is what we do. reporter: hoping to build that bomber is northrop grumman putting pressure on boeing s incoming ceo. northrop currently builds the fleet of stealth bombers. those cost $2 billion a piece and they re 20 years old. the new bomber would replac
and i m brian sullivan. just three hours left in your trading week. stocks are moving off their session lows, still we are in the red today. dow down 65 points. the nasdaq and s&p 500 also making slight losses. the biggest dow winner this week, the swoosh, nike up more than 4%. the biggest decliner, mcdonald s down 3%. mcd s now down nearly 8% over just the past 90 days, melissa. brian, i m melissa lee, here s what else is happening at this hour. amtrak naming new ceo, previously served as chairman and ceo of norfolk southern. crude oil pulling back slightly but still sitting in a bull market. it s up about 85% from this year s lows. and team usa continues to dominate at the rio games with 100 medals in total. 35 of them are in fact gold. we ve got lots to get to today, but we kick things off with a developing story in the pharma world. shares of mylon labs as the company increases the price of epipen drug fivefold. bring in david from wells fargo. thank you for being wit
i m brian sullivan. here s what else is happening at this hour. we are keeping a close eye on tesla shares. why? because elon musk tweeting, the company will make some kind of a big announcement within the next couple of hours. kwou will hear it the moment it happens. plus, the president just arriving in baton rouge. he will be touring flood-ravaged neighborhoods and is expected to make a statement later on this hour. and oil jumping on speculation that iran may be willing to overlook its feud with saudi arabia and actually back a production freeze from opec. crude oil now up more than 1%, michelle. brian, i am michelle caruso-cabrera. three hours left in the trading session. stocks are pulling off their session highs at this hour. dow was up 102 points earlier in the day, while the nasdaq managed to hit a new intraday high. s&p 500 came close too, still all three major averages are still in the green, 14, 19, five points roughly. let s get a pulse check from bob pisani on
for the dow in three months. we have to stay tuned. seems like gas heading below $30 for the country, air strikes bumping the price back up. the latest on u.s. military action against isis and al qaeda and hear from a pro if gas prices shoot up like a rocket after falling like a feather. although i ll say, you know, price of oil is up so s the price of gold and not a whole lot. oh, look at that. looking at vitd owe to talk about. when is a plus a minus? well, some would say talking about the iphone 6 plus. there have been those complaints that it is simply too big. but follow me on this. if it is, why does apple stock keep going to the plus side? we re going to have the pluses and minuses of the iphone 6 plus. and i know you re nonplussed about all that, aren t you? listen. we saw the device on friday. i felt it was little bit difficult to whatever. we ll see how it goes. it is large. it s about more than just how many apple sells on the first weekend. it is about h
taxes no matter how the fiscal cliff works out. and larry ellison knows it and pays to avoid a dividend tax. gets 200 million dollars. i m still shaking my head. ambassador anna wintour? varney & company is about to begin. [ male announcer ] this is steve. he loves risk. but whether he s climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke hgoes with people he trusts, which ishy he trades with a company that doesn t nickel and dime im with hidden fs. he caworry about other things, like what the market is doing and being ready, no matter what happens, which isn t rocket science. it s just common sense, from td ameritrade. i heard you guys can sp ground for ss than the ups store. that s right. i ve learned the only way to get a holiday deal is to camput. you know we ve be open all night. is this a trick to t my st? male announcer break frothe holiday stss. save on ground shipping at fedex office. ambassador anna wintour, it s got an i