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right now. indeed it does, everybody. welcome to power lunch. i m tyler mathisen. glad you could join us on a beautiful spring afternoon in the new york area. the three major averages struggling for gains this hour. as you see right there the dow down 36. the nasdaq basically gnat. still, the dow on course for its best weekly gain of 2017. and the s&p and the nasdaq both on track to close out their best week since the beginning of the year. let s check out major movers on earnings right now. colgate under pressure. mixed results there. you people have to brush your teeth more. that s the only problem. goodyear tire up about 3%. royal caribbean hitting new all-time highs up about 9% today. the company s ceo will join us later in this program. a lot to drill down on over the next hour, two hours basically. but we have an hour with mario gabelli, our guest host for this first hour of power we ll get his take on the stocks he likes now. he has been following all the e ....
the proof is going to be what the government described, which is simply that the defendant engaged in furtive conduct that suggests he knows the substance is illegal, and unless the defendant comes forward with some reason for the jury to think that in fact he had in mind that it violated some other law, or in fact he looked and came to the conclusion it doesn t violate the controlled substances act, the jury is likely to find mens rea establishes and we don t have problem with that. and just to finally address the fact of this case. the fact my client was distributing things in baggies rather than vials shows he s doing it from his home business. the fact he s charges large prices shows he thought he found a loophole in the federal drug laws. there s no reason in the world why he would have flushed his product down the toilet when he discovered it contained a substance on the schedule if, in fact, he knew that the other products were illegal and didn t care. thank yo ....
power testifies at a house hearing about promoting u.s. foreign policy in the united nations. nations. today the supreme court unanimously ruled that prosecutors must show that defendants accused of selling synthetic drugs knew the doctor ugs in this question were illegal. the case centers on the conviction of steven mcfadden for selling bath salts designed to mimic the effects of chemically similar narcotics. the case heard oral argument mcfadden versus united states in april. this is an hour. we will hear argument this this morning in case 14378 mcfadden versus united states. mr. russell. mr. chief justice, may it please the court. the briefing in this court has narrowed considerable the disagreement among the parties. we now all agree that the fourth circuit ms. con struns the men s real for a criminal offense upped the controlled substances analogue act. we further agree that the jury instructions begin in this case were ear these. ins ....
the definition of liquidity is some it may not be reasonable to think that there should be no price fluctuation, even if there are dramatic things going on. the time of the gentleman has expired. the chair now recognizes the gentleman from missouri. thank you, mr. chairman secretary thank you for being here. we re moving toward the fifth anniversary of the pass around of dodd frank. many of us were here during those turbulent and troublesome days. we know that great care was taken in the creation of this act. and we think that we made significant progress. and i think you apparently agree with us as well, that we have made tremendous progress. and regulators have moved to toward implementation. some of the rule making i agree with, some of it i along with my colleagues have challenged. when you think about dodd frank as a whole. what do you think is the most significant thing left undone? what would you want to see right now completed so that we would have the f ....
and a $29 billion super market merger. both big sales in the u.s. what happened to the done deal in greece? the proposals being rejected. and boeing names a new ceo. mcnerney stepping down and will become chairman. and netflix is poised to offer at a high. the shares have doubled in price so far this year due to begin striding on the post split price on july 15th and it s been noted the single best gainer of the s&p for the year by far. look it s doing a lot right. an interesting note to give a sense of where they are from dbr saying if you netflix is on pace to have a larger network audience than all the networks together. people say what do you do with the split in apple when they split happened to be a company with an unbelievable earnings. five days later it was at $84. here there s no earnings announcement. this is all optics. people say how about if i wait until after. that s a similar situation to apple. that s a good analog. apple when it began to sp ....