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we will have the very latest from barcelona ahead, as power lunch begins right now. and welcome to power lunch. i m morgan brennan stocks are sitting around session lows right now nasdaq, the biggest loser. that is down more than 1%. tech and industrials, the biggest drags today. so check out some of the individual movers. we have got mylan is moving higher it s bucking the trend that company is finalizing a $465 million deal with the justice department to settle claims it overcharged the government for its epipens and alibaba, rallying on its earnings beat. that stock is up 4%. l. brands, plunging to new lows on the back of its weak outlook. and walmart lower, despite beating estimates. that stock is down more than 2%. we are going to have much more on what s going on with that stock, straight up ahead morgan, welcome to power lunch. i m brian sullivan we begin this hour with breaking news from spain, where a truck rammed into a crowd, one of the main plazas in ....
points and the s&p, moving the monitor so i can t see it. up three-quarters of a point. and the nasdaq is lower by 31 points. where are we headed to from here? let s get to bob pisani on the floor of the new york stock exchange. bob? hello, michelle. we re flat because ibm has been a drag and tech has been a drag and the question is can we hit new highs and the key, remember, may be earnings. markets have moved up. they have been a floor under the market and the market believes that, off the low and china hasn t gone away and it s been a lot quieter. earnings have been the big problem and the missing ingredient. we ve had four consecutive quarters of negative earnings growth right now and q2, the one that we re in now that everyone is talking about, only down about 3% and it s been stable in the last week or so. not reducing the numbers anymore. we could go positive meaning that ends. johnson & johnson and philip morris raised their guidance on the weaker dollar h ....
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/PRNewswire/ Opportunity International announced today that Greg Nelson has joined the organization as its next Chief Technology Officer. "Greg s addition. ....