this is the ge business going. >> there's danaher >> it took the g.e. business past health care and doing well. a lot of people felt they would get clobbered because of chinese weakness it did not happen and thermo fisher and danaher are life science companies that make the tools. a lot of people thought -- there are a not a lot of biotech companies coming public and they need danaher's tools abbott, everyone has turned on >> positive perception of danaher's earnings is -- >> that is one oflargest visions of my trust. they seek no recognition >> never i don't even know how many there are. do you >> i don't know. to casper we've talked to. the first to come on and say listen, we'll be able to test and beat using the equipment of pcr machines on this one of the things i'm a little upset about senator warren's comments, but american business did more to stop this covid plague than any -- and it's danaher, unfortunately whole logic going down of late, but pfizer how do you criticize pfizer here for what they did? >> i don't know. >> still hoping that the ch

google as well is another quality growth name that often comes up let's talk about danaher and jacobsring and united health, how do those fall into a quality growth bucket for you? >> i think when you think about names that are growth at a reasonable price, danaher is a really interesting name. just from a chart perspective, finding support around that $250 level, i think that's noteworthy obviously, 30% off its highs like a lot of these names. this is a company that makes equipment for drug development, disease testing. it's tied to biotech spending, which i think is a very good thing long-term. whether it's gene therapy, vaccines, you know, molecular medicine in general, but it's certainly a less-speculative play on biotech. and what the company has is a very large install base for their equipment. and then they're able to sell this high-margin consumables and that's wlhat really drives their revenue. the key for that company is great management to navigate this environment and recurring revenues because of what i just described. >> and a word, quickly on -- i mean, when we talk meg

. >> duncan: i'm sure danan-- danah and gregory will forever be connected to that toddler.tonight authorities in richmond, virginia say it was a tip that helped them stop another planned fourth of july mass shooting. police said a hero citizen made a phone call after year hearing a conversation about a planned attack that day. police chief gerald smith says two suspects are in custody and two assault rifles one handgun and 223 rounds of ammunition were seized. back here in washington there has been a major breakthrough for the committee investigating the attack on the capitol. a highly sought after witness has agreed to an interview. cbs's scott macfarlane reports former white house counsel pat cipollone will meet with the committee. >> three sources familiar with the matter tell cbs news former trump white house counsel pat cipollone will sit with committee investigatedders friday behind closed doors and we're told it will be videotaped. >> how important an interview is this for the committee? >> i think it's important for the committee. i mean mr. cipollone was in the roo

industrials and cyclicals that you still find the value that is compelling >> one is the ge, and he ran danaher one of the best companies out there. if you break up ge into the sum of the part and of a yagdz, power, renewals and now it's a wait and see story what larry is doing getting wall street ready for the breakup over the next two years and you will have spin-off, and power renewal spunoff and the aviation which is the crown jewel, 60% of all of the flights in the world come from ge engines and you're seeing that demand and this is something that you were talking about airlines before and if you're looking at solar parts and its eight time zone, with you want to break it up there you this unlove story. sarat, what do you make of the recycle and business, and one thinks this is a needed and necessary slowing of inflation, primarily. it is not a recession, that's the more bullish camp. the more bearish camp is the scenario that he described this could be a year plus of kind of the cycle rolling over where do you fall? >> i fall kind of in between there. i think things are slowing down. ther

are you done >> not really but i'll move on anyway brenda, help us out here, danaher. >> the companyellent quarter, strengths across all business segments but especially the diagnostics business there had been an expectation that growth was going to really slow significantly and we didn't see that happen. so we continue to really like this name. gave solid guidance for growth going forward, an excellent management team. this is really a standout name, we think, within the health care group. it's not inexpensive but is a high-quality company that's executing. >> good stuff. let's get the headlines with bertha coombs. >>> good afternoon here's the cnbc news update this hour president biden testing positive for covid this morning, experiencing mild symptoms senate minority leader mitch mcconnell sent his well wishes as did house speaker nancy pelosi >> on my way here i learned that our president perhaps diagnosed with covid i understand the symptoms are light. i hope they continue to be so. that was my experience i hope that's the case for the president. >>> the world health organizatio

we're down by about 1% now next you have danaher.res of trading volume it expects bert tter than expecd revenues it did see negative currency effects shave around 3% from total firm sales year-over-year. another one of those companies affected by the strong dollar. let's end with a check on some of the worst performers fo entire s&p that's the cruise line operators. notable, carnival, norwegian's down 5 carnival said after yesterday's close it's going to file to raise $1 billion in a secondary stock offering the proceeds are going to go toward general purposes, which may include settling some of its debt that come due next year c all so biggest losers in trading in the free market. >> be interesting to know exactly where business is. you hear it's coming back. you give the right price and people are like, i don't care if the whole crew has monkeypox that deal is too good to pass up people will still go on a cruise >> i would go on a cruise. >> you would go on a cruise? >> i grew up going on cruises with my family >> i did, too. >> an