fmc saw revenue rise by 3%. .as for lithium business experiencing less than 1% rise and it doubled up almost 92%. more importantly it is pretty solid. company predicted it would earn $3.20. in february 2016 fmc gave a weak outlook especially for the last year's first quarter. it beat its own forecast which leaves me to believe these guys are being conservative. it wouldn't be surprising if management is practicing under promise and under deliver. buy buy buy. >> smar known as the break-up month. but with spring clean in full swing it doesn't have to be a bad romance. it has been one of the most aggressive investments. renewable resources during a trump administration? >>> i'll tell you worry over warning signs. too many warniorry over warning signs. stick with cramer. bp engineered a fleet of 32 brand new ships with advanced technology, so we can make sure oil and gas get where they need to go safely. because safety is never being satisfied. and always working to be better. >>> we all love a good break-up story. i

fmc is terrific.nt is one step closer now, august and september we're talking about closing on the dupont dow deal. deal will be spun out i think early. this -- >> i was going to ask you about that. that was what i was looking at. >> something is going to feel slightly diluted. 3 to 5% grower. they got some cash in addition. it's a pharmaceutical ingredient portion of health and wellness which is secular grower fast than the current health and wellness business that dupont has. i understand when people see diluti dilution, but this deal is much more likely to get close. we were thinking it would be a punitive -- i talked to ed today, ed green, how lucky you were you didn't have to have a punitive? some say you have to give up your crown jewel in order to merge because it's europe, no. you gave up some of the crop protection, got a unit they were looking for fmc. dupont dow closes, bingo. >> you went straight to the source. no wonder why you're fired up forther sto-- for this story. >> no, i talked to

they are selling assets to fmc.ont say their merger will now close in august, that did click -- it was set to close in 2016. hong kong has been one of the hottest markets for electric cars. electric vehicles have been accepted for a tax on new cars. that ends tomorrow. the rise of the tesla by at least 50%. latest louvered business flash. coming up on "bloomberg markets," we speak with commerce secretary wilbur ross about president trump's plan to sign two executive orders on trade. that's right here on bloomberg. nejra: we are expecting that signing to come at 3:30 p.m. eastern. coming up, the first be otc report is export uncertainty. this is bloomberg. ♪ ♪ in honor of march madness, it is time for the final four in the battle of the charts tournament of champions. vonnie: is the semifinal already. here in new york, abigail doolittle. we start with you, in london, christine. christine: for my chart, i'm oregon, washington, north and south carolina. these the states that are in the final four in the march madness c

fmc also surging about 13%. dupont divesting part of its crop protection business fmc acquiring health and nutrition business. brian? >>> all right, and i am brian sullivan. here is what else is happening this hour. the senate intelligence committee denying michael flynn immunity in exchange for his testimony. panera bread rolling out new labeling of sugars in self-serve drinks. the first such move by a u.s. restaurant chain. and two biotech stocks tanking double digits right now. straight for details on why. meg? >>> tough day for biotech. we're checking out accorda. four patents around the big multiple clear so sis drug down 24%. because they have been invalidated, the one on ampyra represents about 95% of the quarter's revenue. it does plan to appeal. at the same time it is emphasizing it has pipeline products going on focusing on parkinson's disease. this decision hitting acorda hard. hitting pharma hard, down 20% before it was halted in a decision in which forward pharma has been fighting with biogen. they

they're looking to secure clearances for pesticide maker fmc.er of facebook oculus business is leaving the company. no news on his the parts are, which is effective today. , the cofounder, violated intellectual property rights of a videogame maker. million damages awarded. snapchat is dating that's debuting a new tool. submit forbe able to stories that are searchable. only if you make them public, though. that is your business flash update. staying -- >> staying on messaging, illegal texting on wall street has been topping bloomberg. --has details that act like apps like what's up, and others are ways to share dubious information. kelly wrote the story and joins us now. this is one of the most read stories. a lot of people on wall street are interested in this. for those not familiar, why can't you text when you are on it trading floor. what are the rules in place? >> two of our agencies that regulate banks and managers say that any businesses that are in financial services have to keep those records. if you are an employee that's texting, it is

it's divesting part of its protection business to fmc corporation.it made to european regulators. and new york fed president says the fed's recent rate hikes should keep economic expansion on track. he told the florida audience that the hikes will reduce the risk of the economy overheating and of overshooting inflation targets. >> the president's former national security adviser mike flynn has told the senate intelligence committee that he's willing to be interviewed about the trump campaign's possible ties to russia, that in exchange for immunity. flynn's attorney said no reasonable person with legal counsel would submit to such questioning without an assurance against unfair prosecution. flynn's connections to russia are being investigated by the house and senate intelligence committees. president trump, meanwhile, is expected to sign new executive orders on trade today, and one of the orders is expected to put u.s. trading partners on notice for any abuse that contributes to the trade deficit. joining us now is commerce secretary wilbur ross. got