novo nordiskfo than on the downside here.year ebit meeting estimates, but 2018 profits are stalling, 5.8% lower is where we are on novo nordisk and shell also trading to the downside, down more than 1%. we did report the best profit in three years. it had improved production, that is what gave a lift to that product, but then trading fell short of expectations. the oil price rally has been a double edged sword for shell. overall investors are taking a negative view on it. it's down 1%. matt: i want to point out something else we have got to look at, in terms of shell. i just pulled up the ddis screen on my bloomberg. this is the data distribution screen on the bloomberg. you can see what shall has got in terms of outstanding debt. and you can see when it is coming due. the interesting thing here is shell is talking about reducing the company's debt. is concerned,this they are heading in the right direction, but they are still sitting on a massive debt loa d, almost $60 billion in debt. that is a most three times what they had

mark: bloomberg matt miller eaking with novo nordisk c.e.o.nie: a look at some of the biggest business stories in the news right now. tesla will test whether the renewable products have mainstream appeal. they have told bloomberg they are having a solar division at home depot. it will be at 800 home depot locations. it was a rough january for detroit's big three. general motors' deliveries increased but still missed estimates. meanwhile, toyota sales rose nearly 17%, almost twice what analysts forecasted. that's your latest bloomberg business flash. mark: a look at european markets. we are down for the fourth consecutive day today. we were up earlier but the ftse .6%. the dax down 1.5%. c.a.c. .6% down. ♪ mark: life on bloomberg european headquarters, this is the european close. rise, andopean stocks as was the case yesterday, we drifted lower in the afternoon session and will close at 6/10 of 1%. it comes to an increase of 1.6% in january, the strongest month since october. at itsman ten-year highest since september of 2015. earnings is the r

can you quantify the effect of the tax bill on novo nordisk? that we will have a lowering of our effective tax rate by 1.5%, with an effective tax rate of 21%. in the u.s. we are already investing in the u.s., building a $2 billion usd plant in north carolina. we see a strong opportunity, and we are investing also based on lower tax rates. >> europe's biggest oil company has delivered fourth-quarter earnings ahead of estimates, led by upstream and shell reported an adjusted profit of $12.3 billion, its best profit in three years, the with a surprise drop in cash flow. >> altogether, the year has been successful. earnings close to $16 billion. i think we have shown that we have what it takes to be a world-class investment. altogether on a cash basis, we came out to $39 billion after working capital adjustments. we have been able to pay down the debt quite a bit. i'm very, very confident that we can meet the commitments and promises we made for the end of the decade, which is $25 billion to $30 billion organically. >> oil stocks falling short of

the issue for novo nordisk is very simple.ent $500 billion in the past number of years on m&a. were waiting for confirmation go through on their deal. the numbers this morning are very much in line, that's what we got from novo nordisk. the scandinavian banking business, reviewed in numbers coming through from them. fourth-quarter net income being the highest of estimates, giving us interest, net interest income. this is broadly in line, the buyback program that talked about today, new program of 8.1 million shares, up to a half percent of registered shares. update on the markets. >> here's the picture across the region, japan outperforming on the upside, china underperforming on the downside. the s&p 500 closed out pretty a slight positive bias yesterday and despite the two days of losses prior to that, the best start to the year for u.s. stop since 1997. take a look at the next chart, it lowers seen a touch of dollar index today and we did see it briefly erase some of its losses in the session yesterday following the fed dec

. >> reporter: the emotional journey continued from the airport to the novo care facility. >> you could the fans and the players, the muual respect and love. >> that mutual adoration was evident as players bend to celebrate with their own families. >> tears of joy. >> reporter: and then a promise was made by executive vice president of football operations howy roseman. >> it's just going to get even better! >> reporter: going to get even better. the dust hasn't settled yet and of course fans had to brave a very cold day, but their warm smiles made everything feel all right. welcome home guys. reporting live in south philadelphia, alexandria hoff, cbs3 eyewitness news. >> and quarterback nick foles wasn't with the team as they landed today. that's because the super bowl mvp took the traditional trip to disney world instead where he was honored as the grand marshall during the super bowl parade there. he lived out a true sinner ella story. >> ation for that parade i think they're talking millions of fans at this point are expected to pack the streets of philadelphia. >> details for what i

mikey in years novo mud the mirror on the bird the. innu by ellis gettin the monkey. a motor the. devil of a me. the news. in america a college degree requires a great deal. paying a decade's long debt. studying so hard it requires trying to. go through humiliation to enter an elite society. and parching to death sometimes quite literally. wants other true colors of universities in the u.s. . hey everybody i'm stephen bob. taft hollywood guy you know suspect every proud american first of all i'm just george washington and r.v. enthusiastic this is my buddy max famous financial guru and well he's a little bit different i'm not a. no no no doubt with all the drama happening in our country i'm hitting the road have some fun meet everyday americans. and hopefully start to bridge the gap this is the great american killed each. day at. the end. at. and it. really. got me was even i started training in javelin and shot but as soon as to see just what the broken in nineteen forty four. which there first interpreted that i would push me but obviously most is good there was corruption you g

. >> reporter: the emotional journey continued from the airport to the novo care facility. >> you could the fans and the players, the muual respect and love. >> that mutual adoration was evident as players bend to celebrate with their own families. >> tears of joy. >> reporter: and then a promise was made by executive vice president of football operations howy roseman. >> it's just going to get even better! >> reporter: going to get even better. the dust hasn't settled yet and of course fans had to brave a very cold day, but their warm smiles made everything feel all right. welcome home guys. reporting live in south philadelphia, alexandria hoff, cbs3 eyewitness news. >> and quarterback nick foles wasn't with the team as they landed today. that's because the super bowl mvp took the traditional trip to disney world instead where he was honored as the grand marshall during the super bowl parade there. he lived out a true sinner ella story. >> ation for that parade i think they're talking millions of fans at this point are expected to pack the streets of philadelphia. >> details for what i

might even use novo mud. in your body yell as you have the. most of. all of you me. and you. apply for many clubs over the years so i know the game inside guides. football isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the super manager killian erroneous and spending to twenty million one player. it's an experience like nothing else on here because i want to share what i think of what i know about the beautiful guy my great so one more chance for x. . and thinks it's going to take.

went missing from the radars now the plane is thought to have crashed near the village of our good novo which is near the capital moscow where is that describe seeing a burning aircraft that was falling from the sky al-jazeera reports from moscow. the answer no airliner with sixty five passengers and six crew on board came down four minutes after it took off in bad weather conditions wreckage was scattered across snowy fields near the village of water going over eighty kilometers southeast of moscow rescue teams were unable to reach the crash site by road and to see the woman i saw an explosion on the ground and i called emergency services they asked me many questions i told them there was a fire it was very visible the short hole set a lot of airlines jets took off from moscow's domodedovo airport early sunday afternoon on its way to the city of or sc in the urals most of the sixty five passengers on board were from the region at the airport their family and friends of those on board the flight began to wait for news with little hope that anyone had survived. the decision would mean th

doing something generally amazing for humanity every now and then you can do well and do good take novo care a company pioneering a way to fight cancer critic critical molecules found with cancer cells compared to traditional cancer treatments the side effects are down right gentle. this company is extending peoples' lives revenue grew 77% clip. this is just the beginning all sorts of solid tumors, lung cancer, cervical cancer, pancreatic cancer. can be a game changer. this stock has been giving a monst monster 77% high let's check in with bill doyle welcome back to "mad money." >> good to see you, jim. >> on twitter today we have a guest on and we had an outpouring the outpouring are from people who are thrilled they are getting more chance to live with your device. a 5k in orlando, everyone is rooting for this gentleman who is using your product. >> you know, jim, i brought you brought up the human side of what we are doing. we often talk about science and the numbers. i get these e-mails every day and we presented data, where we showed not only the average if you will of all patients

dassault systems faces currency headwinds that will last through the first quarter of this year >>> and novodisk has fallen to the bottom of the stoxx 600 fourth quarter profits dipped below expectations 2018 figures are expected to be hit by the weaker dollar the chairman announced he will step down with the board proposal helgelund as the replacement. >>> shares in skanska are slightly higher in early trading. the construction firm reported operating profit ahead of guidance 2017 order intake came in under analysts forecast at 151.8 billion crowns earlier skanska talked about the construction firm's margin challenges >> what we delivered last year in the construction stream was not an acceptable level. we have strong performance when it comes to north construction stream and europe as well. but we do have issues in u.s., part of u.s., uk, czech republic and poland >>> roche shares are trading near the flat line after posting a drop in full-year net profit due to impairments 2017 sales rose 5% and they proposed a dividend of 8 swiss fra francs roche also said it expects earnings to grow bro

business is the question on agreeing to the speaker's approval of the journal which the chair will put de novo. the question is on agreeing to the speaker's approval of the journal. those in favor say aye. those opposed, no. >> mr. speaker, i ask for a recorded vote. the speaker pro tempore: the gentleman from iowa has requested a recorded vote. a recorded vote being requested, those favoring a recorded vote will rise. a sufficient number having arisen a recorded vote is ordered. members will record their vote by electronic device. this will be a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: on this vote, the ayes have 210. the nays are 185. with three voting present. the journal stands approved. the unfinished business is the question on suspending the rules and passing h.r. 2371 which the clerk will

world rally championship the belgian becoming only the third non-minority driver to win in sweden novo is now ten points clear of five time defending world champion sebastian or ga he finished down ten. ok that is his fourth back to lauren in london thanks and it has returned to the british academy film awards show batters catherine stansell joins us from outside their all albert hall in london to which comes of being creating about catherine. well the biggest film that's leading all of the nominations twelve nominations tonight in fact is the shape of water by director gamma del toro and it's a beauty and the beast film about mutual men who works at a u.s. military research lab and she falls in love with this half man half sea creature and it's hard q.j. amazing reviews the critics seem to love it and it's nominated in all of the major categories best film best director best actress best supporting actress best original screenplay so. that film is sure to bring home quite a few awards this evening in terms of best actor its critics really seem like it's down to two people daniel day l

are weak weaker than the other the openings but because our main competition is the premier terry novo will take a lead of more than twenty two seconds into the final day of the rally of sweden on sunday. the even after that incredibly lucky escape he safely negotiated his way through saturday stages to sit ahead of craig green in the standings the heavy conditions along the route proved too much for some of his rivals several cars had the snow banks and some needed help from the spectators to come back out on the tracks. and that's all sport for now more later. thanks celebrations for chinese new year have been muted in beijing and many other cities as a ban on fireworks has expanded its part of efforts to reduce air pollution but a balanced report says hurting a tradition that dates back more than a thousand years. an assembly line of fireworks and leave your young province each red roll of gunpowder is distant to mark the start of a new year in the chinese calendar leo young is the fireworks capital of the world it all started some fourteen hundred years ago during the ten dynasty.

i will switch it to index points so you can see, novo nordisk is pulling up the most, but wrote a childhted, as well. they go santander is one of those that rate elio has been big in shorting. we also see -- rate elio has been big -- rate dalia -- ray dalio has been big in shorting. inneken is the biggest drag terms of points on the stoxx 600. right now down almost 3% at the open. you can see heineken and heineken holding both down there. we also have air france down right now considering the airline issues we have in this market. we have sky falling, paddy power, falling. very few losers, they are not off by much. heineken is down almost 3%. guy? guy: i want to come back and take a quick look at the monitors. we are reasonably positive, up by around 1% in terms of the numbers we are seeing in europe. i still don't have a dax open, both will get to that in a minute. generally, most markets are reasonably well bid across europe as we see the market pricing in that move that we saw on friday. that late rally we saw in the s&p. asian stocks are quite strongly bid, as well, recovering from

novo group reports another huge loss. says its fourth quarter loss can be it's high -- as high as $1.9 billion. last month the firm announced initial deals through sharks are -- restructure $3.5 billion in debt. black panther is a smash. it opens with estimated weekend sales of $192 million in north america, a record for february opening. likely to become the biggest movie ever start a largely black cast. that is the bloomberg business flash. francine: thank you. --resa may wants brenda britain's estate close in some areas. theresa may could have allies in europe for this vision of brexit. what does it mean for the markets? still with us, andreas utermann from allianz global investors. all,p on hearing, first of angela merkel would be willing to give some concessions to britain to kind of keep them on side, then i see, european parliament would never vote for it. which one is it? >> i don't think the european parliament or angela merkel i've really that much say in the negotiating details. francine: who does, boris johnso

which the chair will put de novo. the question is on agreeing to the speaker's approval of the journal. so many as are in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. >> own that qui the yeas and nays. -- on that i request the yeas and nays. the speaker pro tempore: the yeas and nays are requested. those favoring a vote by the yeas and nays will rise. a sufficient number having arisen, the yeas and nays are ordered. members will record their votes by electronic device. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: on this vote the yeas are 208. the nays are 194. two voting present. the journal stands approved. the speaker pro tempore: the house will come to order. members will clea

got a very unhealthy, i think, situation in the banking ecosystem today and that's the number of de novo banks that come up. it's a disturbing trend in north carolina. we lost about half of hours in the financial crisis in a state that was vibrant before in north carolina. do you feel like part of the reason we're not seeing that turn on banks is at least in part attributed to the fact that they have a regulatory hurdle that they would have to climb that would make it difficult for them to make the business model work? >> i do. >> i want to ask you also about with tax reform, if you were -- let's say in december we failed to pass tax reform and so the current tax regimen was going to be the regimen for the next ten years. where do you think we'd ultimately be economically over a ten-year period? >> i think we'd be substantially lower than we are and probably in the low twos. >> one of the things that we've seen, it is true that the economy was turning. some states were doing better before the president took office. i think we saw a significant increase last year largely attributed to a c

the question on growing to the speaker's approval the -- of the journal which the chair will put de novo. the question is on growing to the speaker's approval of the journal -- is on agreeing to the speaker's approval of the journal. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it and the journal stands approved. the gentleman from new jersey. mr. frelinghuysen: mr. chairman, i send to the desk a concurrent resolution and ask for unanimous consent for its immediate consideration in the house. the speaker pro tempore: the clerk will report the title of the concurrent resolution. the clerk: house concurrent resolution 104. concurrent resolution providing for a correction in the enrollment of h. rrment 1892 -- h.r. 1892. the speaker pro tempore: is there objection to consideration of the concurrent resolution? without objection, the concurrent resolution is agreed to. the motion to reconsider is laid n the table. the gentleman from new jersey. mr. frelinghuysen: mr. chairman, i ask unanimous consent that when the house adjourns today, it adjourn to m