and bristol meyers joins me tonight. and clean-up on aisle 3. last week's news that amazon's planning to open dozens of grocery stores caused stocks in that space to sell off again are the worries warranted? i'm browsing the aisles so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to madmoney @cnbc.com or give us a call at 1-800-743-cnbc miss something who says our bank isn't tech enough? everyone, look at your phones. the design thinking, the digital engineering, security, blockchain, and we will be first to market! yes. when we do we launch? unfortunately, in 2 or 3, hours. why the delay? cognizant is helping banks use digital technologies at scale to advance speed to market. hey, how ya doing? uh, phil. are you guys good with brakes? we're ok. just ok? we got a saying here. if the brakes don't stop it, something will. that's not a real saying. it is around here. i wrote it. just ok is not ok. especially when it comes to your network.

. >>> when we come back, this battle over bristol-myers celgene, bristol and starboard out with duellinghareholder letters. dow and s&p coming off of five of six losses, on pace for the worst week of the year obviously. futures have gone green. we're back in a minute this is huntsville, alabama. aka, rocket city, usa. this is a very difficult job. failure is not an option. more than half of employees across the country bring financial stress to work. if you're stressed out financially at home, you're going to be too worried to be able to do a good job. i want to be able to offer all of the benefits that keep them satisfied. it is the people that is really the only asset that you have. put your employees on a path to financial wellness with prudential. bring your challenges. at&t provides edge-to-edge intelligence, covering virtually every part of your manufacturing business. & so this won't happen. because you've made sure this sensor and this machine are integrated. & she can talk to him, & yes... atta, boy. some people assign genders to machines. and you can be sure you won't have any

. >> this is like the bristol-myers celgene, i don't want to make light of this, this is a huge storyill a vastly overowned stock that could be the fulcrum -- you have people say listen, worry about junk debt, should be worried about -- black swan, black swan the black swan may be at&t if they can't get directv pulling out of the tail spin. >> i don't think people expect they're going to be able to pull it out you lose the amount of subscribers they're losing at directv on a quarterly basis, it is hard to imagine by the ay, to be fair, dish is also losing significant subscriber subscribers. that's where a lot of the cord cutting is taking place. the key for them is just going to be to continue, and by the way, directv now subscribers down last quarter. and 391,000 loss of directv. >> that's unbelievable how many people are pulling out. >> the key is to increase ebitda, to generate growth using the direct to consumer for example and that's going to be an important strategy. by the way, there are a lot of companies we're going to be very focused on the success of the direct to consumer

you got celgene and bristol-myers. we'll come back to that.e all over lyft's public debut. >> wall to wall? >> wall to wall. one of them will include talking to ben horowitz, a lyft board member, co-founder of andreissen horowitz, a big interview. >> good get. >> we own the quarter today. and we are going to end it with the beginning being very strong for the markets. more "squawk on the street," special coverage of lyft's ipo, when we return [leaf blower] you should be mad at leaf blowers. [beep] you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. but you're not mad, because you have e*trade which isn't complicated. their tools make trading quicker and simpler. so you can take on the markets with confidence. don't get mad. get e*trade and start trading today. ♪ i get lifted i get lifted ♪ >>> wells fargo ceo tim sloan stepped down saying he thinks the bank will benefit from the change in leadership the company spent several years trying to restore its reputation follo

that's where bristol has to do it i think bristol is right to have the game plan. >> that goes beyondat is more of a prayer that somebody will come along and buy bristol. >> yes, a wing and a prayer. >> let's move on, number of other movers, tesla, hit it briefly, jim the stock is down over 5%. it has been an interesting week. got into march 11th to figure out what he wants to do with the s.e.c., which was unhappy with his tweets saying they violated the earlier agreement with them. judge is going to rule and that. but the company announced it is going to sell $35,000 version of the model three midsized sedan and going to move all sales online >> yeah. >> a cost saving move. >> i feel that what is happening here, maybe we have to get gerber on because there was a conference call that i wasn't able to get on which is odd, right? there is -- i think there is a genuine belief that everything this man says is contradictory to what he said before, but in the meantime, the buyers don't stop there was an article this morning talking about maybe the halo is going to be diminished by a lower c

that is 50 redundancies in bristol. yesterday i spoke to a cheeseman fracture.and effort. if we do have a deal, do you think that will give companies in your area more opportunities elsewhere? no, ithink area more opportunities elsewhere? no, i think it don't take it off the headlines, the realjob will be done in negotiating the full agreement with the eu. at the least a deal of some sort would take it off the headlines. a deal of some sort, some of our members want to accept the deal now, some would like to revoke it altogether, some would be happy to be honest with a longer... get a better deal, but no deal is not the a nswer better deal, but no deal is not the answer at all. are you getting information from government at all, enough, as that change recently? there is still of —— a lot of u na nswered there is still of —— a lot of unanswered questions. could you tra nsfer unanswered questions. could you transfer your unanswered questions. could you tra nsfer your staff unanswered questions. could you transfer your staff abroad to your european subsidiary, we d

bristol miles -- bristol myers and celgene are trading many times over today given that tghe iss is supporting deal. that's to the chagrin of star board wellington and others. balance of power is next, this is bloomberg. ♪ from bloomberg world headquarters, this is balance of power. : rejecting theresa may's brexit agreement for the third time. let's get the latest. what is going on right now and what is next? next is a difficult one to answer. she is bringing her deal back for a third time and once again we saw a significant rejection. this time, it was a little bit lower. by 58 votes. nevertheless, it is a big defeat. ist she said is subsequently we are reaching the limits of this process. at th either hinting

more than 50 patients who were given a controversial type of surgery in bristol should not have beenas pioneering the use of mesh to lift prolapsed bowels, was suspended two years ago. mr dixon has always maintained his operations were done in good faith and that any surgery can have complications. 0ur health correspondent matthew hill has the story. tony dixon was a pioneering surgeon who built an international reputation in using artificial mesh. he used it as a way of lifting sagging bowels. but two years ago the bbc first raised concerns that scores of mesh patients were being left in agony. dr dixon promised me that this would change my life for the better. it's changed my life but not for the better. paula is one of 57 patients who were today told by north bristol nhs trust that she should not have had the bowel mesh surgery and that other nonsurgical interventions should have been tried. i feel very angry, very let down. i'm disgusted. i'm fuming. i'm disabled in many ways because of it. it's notjust your physical pain that you have, it's your mental pain because you're living

the season opening australian grand prix takes place in a fortnight bristol bears recorded their firstster in 11 years with a 28—24 win in the premiership at ashton gate. andy uren finished off the best try of the night for bristol early in the second half and lifts the bears up to 9th. and it was an unhappy homecoming for leeds rhinos in superleague. their first match at headingley this season ended in a 35—18 defeat by wakefield. castleford top the table after beating hull kr. a disappointing day for british riders at the world track cycling in poland. including the news that laura kenny has pulled out of the championships because of illness. jill douglas and sir chris hey look back. another exciting day racing here, day three of the world championships, injuring it by myself as well as chris yi of those rare days we've come to see in cycling in recent times, for great britain, they haven't been on the podium. that does not take anything away from the quality of racing here. too no, it has been spectacular. britain was to win a medal, laura kenney was down to write in that but she is

that basically bristol needs this bristol-myers is a great company.mber, this is about keytruda being merck's unbelievable drug that keeps winning versus optivo i think bristol-myers would be the best evaluatorof what celgene has than anybody they're in there, and they really believe that the other drugs like receptos, they believe that they overpaid, they believe they'll reapply and that will win it could happen. giovanni is -- giovanni's track record, dr. caforio, he is a very respected man and i find that this is really -- i'm not saying anyone is slagging him, but why don't they listen to him he's very smart. and i think he's got a real good handle what celgene has and i think that bob eugan built a great company. it is being under -- it was traded six times earnings, it made too much sense to buy i'm in the camp. david is saying earlier i'm in the pocket of veryone. >> boeing, apple, bristol-myers. >> who else could be in the pocket of? >> you'll find a new one tomorrow. >> tandem diabetes, that thing is going to 100. >> you've been critical of k

but we are bristol-myers shareholders aed and looking our bristol-myers. >> and on the whole they canits own, you bought into the stock, right, after the deal or around the deal. so some are wondering whether you really believe and have the confidence that it has the pipeline to exist on its own >> we do, we did a lot of work yes, we bought in, but we bought this because of two things one, lots and lots of snufgs institutional shareholders because they hated the deal, they didn't want it, they were asking for help, asking for us to get involved. and two, we went in and did a lot of research because we didn't need to get involved. we got involved because we truly believe that the deal did not make sense if the deal made sense, we could have stayed away but after we dug in, it became pretty obvious to us that this deal may be being done for the wrong reasons and that it could destroy a lot of value without enough up side so the reward is not worth the risk in our opinion as it relates to this transaction. so bristol-myers shareholders if they are worried about their investment and they

this is the best deal for bristol-myers squibb >> that was a sneak peek of the bristol-myers squibb ceo defending his celgene merger he will appear on "mad money" on cnbc at the top of the hour. >>> celgene hanging tough today. this comes as m & a in the health care space has been heating up our next guest predicted a deal last week. >> i think the ones that are most fully integrated and probably most amenable with the whole host of manufacturing and technology in the pipeline probably are the biomarins, the blue birds, even serepta, srpt, and some of the smaller ones that will probably never be a stand-alone include night star, nite, and axgt >> so what other deals could be coming down the pipe let's bring in michael yi, an equities analyst with jeff free -- jeffries >> we want you to tell us who's on your radar in terms of being acquired and acquiring. >> sure. in the space to be acquired, i think that serept. a, srpt and sage, both of those companies would fit into pharma very well. and in the midcap space, incyte and cancer genetics could be acquired. >> in terms of the bristol-myer

this is the best deal for bristol-myers squibb >> that was bristol-myers squibb's ceo urging investors its $74 billion bid for a cancer drugmaker celgene our next guest as bristol-myers squibb as a top pick >> you are getting a 3.35% dividend yield i think they have one of the best pipelines of any -- of the pharmaceutical companies, and as we move into a population and a democrat he graphic that just continues to get older, continues to live longer, we're going to be more dependent on these companies than ever as a society. >> in general, you are really hot on the health care sector. is it because right now it's affordable >> it's starting to become affordable you know, everyone is still trying to work through how affordable it really is. i'm just -- i'm focussing on the demographics on the cash that all these companies have you're going to start seeing acquisitions, such as this one, and you're going to also see more support politically than we've ever seen. >> we see a lot of headlines coming in about m&a, and you know, these partnerships going forward that you have. amazon with jp

but bristol defended the deal saying it would create significort benefits shareholders. shares were up more than 1% to 1.66. 3.12.ne was down 9% at >>> california's largest utility, pg&e, took a $10.5 billion charge linked to last year's deadly camp fire and says there quote, substantial doubt over its prospects as a going concern in a filing. it said it wouldn't be able to provide operating earnings iidance for the year given the uncertainty ove liabilities. the company filed for bankruptcy last month. pg&e fell more than 4% to $17.03. >>> nordstrom reported better-than-expected earnings but revenuetl as a l light. the retailer noted a doub-digit rise in digital sales and plans to open new stores this year. investors did like what heard, sending the stock up in initial after-hours trading. >>> and the gap pns to split itself into two independent publicly traded companies with old navy becoming a stand-alone firm. the other company, which is yet to be named, will consist of the gap brand, athleta and the banana republic brand. the retailer says the split will allow the c

sale sharks will face either live bristol in the next round. in by live bristol in the next round.ere wins for the tops two. no stopping st helens. second placed warrington thrashed hull fc. austin scored a couple of tries. after a disappointing race, ferrari are back on top ahead of the bahrain grand prix. they topped the sheets in both practice sessions. despite the odd hairy moment, a bit of dizziness for sebastian vettel, but he still clocked the fastest of the day. now, almost twice his age, but roger federer still handed out a tennis lesson to his teenage opponent to reach the final of the miami masters. it is the biggest age gap in any match that roger federer has been involved in. he is actually... he thrashed the canadian teenager 6-2, 6-4. he he thrashed the canadian teenager 6—2, 6—4. he will meet isner in the final. that is all the sport for now. you can find all the stories on the bbc sport website. more for you ina our‘s the bbc sport website. more for you in a our‘s time. president trump has threatened to close the border with mexico next week after accusing the coun

. >> you and i talked agood deal about bristol-myers and celgene.e're following relatively closely april 12th vote, an important one. >> what are you hearing? >> a post story sort of interesting today, talking about how starboard is looking at a couple of funds it believes perhaps have engaged in almost what you call vote stripping where you go long, short sell, but you're doing it solely -- hedging yourself but doing it solely to own shares to be able to vote those shares the record date has already passed it is not king mylan and not vote stripping what i was reporting on, i think last week, right before or right before the record date was the t plus one stock that goldman sachs had, it sold to potentially one buyer. but two hedge funds are mentioned in this post story, third point, of course, dan loeb, and de shaw, my reporting indicates neither one of them had anything do with this. that in fact it was the buyer of the t plus one stock for goldman, i have not confirmed this with the firm, large asset manager in texas called hbk, and, by the way,

if you have a combination of these big pharma companies like a bristol myers.'ve got these two really detrimental factors working against you all at once as an investor. >> right but i think you've real separation in big cap pharma bristol myers has done nothing where eli has been a horse someone like pfizer to me in an environment where people are concerned about earnings growth and valuations, i think pfizer is straight up the middle. i have to think that drug pricing noise is what it always seems to be, which is noise right now. i think if anything, that's an opportunity. big cap pharma and the balance sheet at pfizer to me is actually something i'd been encouraged by. >> i agree with now in terms of some of the noise. merck has an incredible pipeline still with unbelievable drugs now in the market with ten more in finalta sge got to love it. >>> up next, final trades. a cfa charterholder does. you've worked hard to grow your wealth. make sure you're working with a wealth manager who can grow with you. cfa charterholders have the investment expertise to unlo

patrick bamford with the only goal of the game against bristol city.disappointed to lose at home to brentford. all the football league results are on the bbc sport website and app. plus more on blackpool now. after a four year boycott, lasting more than 200 games, fifteen thousand blackpool fans flocked back to bloomfield road today to mark the end of the controversial oyston family's involvment with the club. they've barely had 5,000 at home matches as part of a mass protest at the way the club was being run. on the verge of the league one play offs they drew 2—2 with southend thanks to a last—minute equaliser. celtic were held to a goal—less draw by aberdeen in the scottish premiership this afternoon. good wins today too for livingston, mortherwell and hearts. ——motherwell and hearts. kate cross bowled a magnificent final over to lead england to a thrilling one—run win over india in the third twenty20. with india needing three to win, cross bowled three balls without conceeding any runs, removed bharati fulmali and anuja patil, then conceded only one

do the rest of the night, bristol north—westerly winds dragging in plenty of showers.ecast, the area of low pressure continues to deepen as it moves out into the north sea. that means we some strong winds across northern and central areas of scotland, they will be showers dragged in on these easterly winds and the majority of the showers will be across northern and eastern areas, but is immune. we're going to the showers will be across northern and eastern areas, but nowhere is immune. we're going to see downpours because southern and western areas of the uk as well. it is going to feel much colder than nine or ten on the barometer given the strength of those brisk north—westerly winds. we have some strong winds and he has some hill snow, these three issues could cause a few problems out and about on the 00:27:02,244 --> 4294966103:13:29,430 road, so stay tuned to the forecast. this is bbc news. i'm ben bland. our top stories: the main suspect in the killing of a9 people in new zealand has appeared in court charged with murder. further charges are expected. new zealand

commentator martin somers hi there martin i think it might be a bit of a delay on the line between bristol and moscow but we'll try all the say it's an allegation for now but as far as you're aware in covering these kind of things over the years are untouchable lists common when establishing ties between two nations. well there's obviously a difference between what's being said on both sides here the americans are denying it and the prosecutor is standing by his story i think independent people can make up their own mind who they think may or may not be lying here and also there's going to be questions about what motivations the might be on both sides don't forget the. presidential election coming up in ukraine and. poland entry election in october and therefore the mark be some pressure on the ukrainian side to start with independence from you know outside forces are now on the other hand the americans may very well have made such threats as it were to the prosecutor because they've got their their own process js that they're looking after and i think the whole murky affair suggests how m

patrick bamford with the only goal of the game against bristol city.disappointed to lose at home to brentford. all the football league results are on the bbc sport website and app. plus more on blackpool. after a four year boycott, lasting more than 200 games, fifteen thousand blackpool fans flocked back to bloomfield road today to mark the end of the controversial oyston family's involvment with the club. they've barely had 5,000 at home matches as part of a mass protest at the way the club was being run. on the verge of the league i play offs they drew 2—2 with southend thanks to a last—minute equaliser. ian haslam was there. what a day this is here at black fulham football club. a huge day, many thousands of supporters who have stayed away for years in protest at the club'sowner. —— blackpool football club. but the owners have been removed by the high court over unpaid debts meaning many fa ns court over unpaid debts meaning many fans decided to return. there used to seeing 3—4000 of the past number of right years, today is a sell—out, around 16,000

bristol bears recorded their first win over gloucester in 11 years with a 28—2a win in the premierships above bottom of the table newcastle in the fight for survival. and it was an unhappy homecoming for leeds rhinos in superleague. their first match at headingley this season ended in a 35—18 defeat by wakefield. it is a fourth loss in five games for leeds under new head coach dave furner. castleford top the table after beating hull kr. that is all your support for now. enjoy the rest of your evening. the record wants may have gone but it is still not call for the time of year this weekend. it will be wet at times and gets windier as the week goes on. we start with dry weather on saturday morning but will turn wet in northern ireland, the rain pushing into western scotland, parts of wales and western england, on through the afternoon, then sweeping further east as we go through saturday evening. it will be turning windier, for northern ireland in western scotland, gusts up to 60 mph to end the day i may be 70 mph in the western isles on saturday night as pressured passes close by with

denny solomona scoring the second try for sale who will face either la rochelle or bristol in the nexthe french federation is holding a referendum of all amateur clubs in the country to decide whether they'd accept a foreigner as the next national head coach. france need to appoint a new coach after this year's world cup, but they've never had an overseas manager in charge before. each club will have one vote in the referendum which takes place next month. the result will be announced on the 12th of april. two matches in rugby league's super league tonight. leaders st helens fought off hull kr to win 36—24 and maintain their 100% record this season. meanwhile, warrington kept apace of them in second by hammering hull fc. blake austin scored four tries in their huge 11—try win at the kcom. josh charnley got a hat—trick, and tom lineham also ran over twice to help seal the 63—12 victory.

>> we did not. >> what about bristol meyer? >> no. >> and merck? >> not explicitly. we do care what the public thinks. >> what about pfizer? >> we do not. >> what about santa fe? >> we do not. >> i have a another yes or no question. when your company prices its drugs, do you take into account the fact that a key player is the federal government? >> we evaluate all the channels when we make determinations on price and affordability. >> okay, that obviously would include the federal government. >> correct. >> astra-zeneca? >> yes, we do. the federal government is a key aspect of our deliberations. >> bristol meyer? >> yes, senator. the federal government is a large part of our -- >> johnson and johnson? >> yes. we take into account the value to patients, the healthcare system, and society. >> and merck? >> yes. >> and pfizer? >> absolutely. >> and santa fe? >> yes. >> some of you have voiced support for the recent rebate rule proposed by the administration. should the administration finalize this rule? will you commit to lowering your drug prices? >> yes, sir. >> chair

he was down in bristol checking in with the u21 but he got the call—up to the senior setup. got the news that he would be coming all the way here for his first join be coming all the way here for his firstjoin up, be coming all the way here for his first join up, parachuted be coming all the way here for his firstjoin up, parachuted into the senior set up, and that's in keeping really with gareth southgate's ethos of bringing through the youngsters coming to get them used to playing with the senior players at st george's park. we spoke to harry kane earlier, he says that's an excellent thing for england. competition for places is high at the moment, everyone's doing well and vying for a spot. the youth express themselves and it is for the years to go and express themselves, especially the attacking players, to try and score goals, and that's what we want is an england team. we want to have that flare and flexibility, so far, so good. it's a great sign in this country when we're producing these types of players. raheem sterling isn't just having a brilliant season for man cit

in new york to hear from bristol-myers squibb. so much of a day to come. bloomberg -- so much m&a to come. this is bloomberg. ♪ was hit withowell questions last week about how to get more americans working. our next guest says the central bank is more responsible for low labor force participation many cares to admit. we welcome carl smith. carl, great to have you. what is the fed's role in persistently low levels of labor force participation in the post crisis, and even the precrisis post dot, area. -- area period. carl: the fed has been raising rates sooner than it needed to, and has created an environment where we have had unemployment -- more employment than we needed, an environment where workers have not seen as many that, and over time, changes what workers expect and what employers expect. a year or two ago, there has been in excess of employees of people looking for jobs to the number of jobs available. have a lot employers of choice, they become spoiled and don't take people who beat accommodations, people who might have been out of the labor forc

in the day's other match, bristol city women beat everton ladies 1—0.ay—offs with a 29—10 win over bath. exeter captain jack yeandle scored the pick of the tries running a perfect line for dan armand's inside pass. the win means exeter extend their lead at the top of the premiership to nine points. a couple of games in rugby league's super league to tell you about. george williams scored a hat—trick of tries as champions wigan got only their second win of the season. they beat salford 30—22. and hull fc are back in the top half of the table after they held off a late london broncos comeback to win 28—24. to tennis, where the third round of the miami 0pen is under way, with british number one kyle edmund in action against canadian milos raonic. raonic took an early lead but 19th seed edmund came back to take the first set 6—4, with a fine forehand winner. it's currently tied 4—1; in the second set. to cricket's indian premier legaue and the kolkata knight riders defeated sunrisers hyderabad by six wickets. the game saw david warner return to the ipl. the

reading won the late game at bristol city by a single goal.cracker. and portsmouth wanted. it was a really entertaining game. portsmouth beating sunderland by penalties in the end. 85,000 turned up at wembley. aiden mcgeady put sunderland ahead. portsmouth equalised late in the game to send it into extra—time. jamal lowe put pompey ahead before mcgeady scored again for sunderland with 90 seconds left to play, to take the game into penalties. portsmouth coming out of that 5—4 winners — lee cattermole the unfortunate man to have his saved, leaving 0llie hawkins with the chance to score the winning penalty. and he took it. there you go, jj, lots going on. and cracking to have 85,000 at wembley stadium for the check and tray trophy. thank you. lewis hamilton has won the bahrain grand prix after charles leclerc — the long—time race leader — had a problem with his engine. nick parrott has the story of the race. in his second race for ferrari, charles leclerc had the perfect opportunity to secure his first win. his pace in qualifying saw and beat his

this simulated reactor at bristol university is examining the response to being shaken.e core has a lwa ys integrity of the graphite core has always been known to be the ultimate limiting factor to the lifetime of these reactors. so ultimately, there may come a point in time where does reactors have to come off line, and they are not able to restart. adf still doesn't know when it would like to restart hunterston b. it says safety will always be its priority —— edf. for that story and more, breakfast is coming up at 6:00am, with naga munchetty and charlie stayt. they will have all the day's news, business and sport. this is the briefing from bbc news. the latest headlines: american efforts to send their own astronauts into orbit for the first time since the space shuttle programme reach a critical stage, as their demo spacecraft attempts re—entry to earth's atmosphere. president trump's former campaign chief paul manafort is jailed for nearly four years for conspiracy, money laundering and fraud. britain escalates its efforts to have nazanin zaghari—ratcliffe released fr

what would brenda in bristol say? you arejoking! not what would brenda in bristol say? you are joking! not another one! 0h, yes, brenda. we are heading fora third vote and maybe even a fourth vote. also on the programme today: should you be worrying about gaming addiction? the where things got with my family, the more i went into that online world of gaming and it consumed my life to the point i lost myjob and my consumed my life to the point i lost my job and my family, consumed my life to the point i lost myjob and my family, my home and everything. one of the largest addiction treatment firms in this country addiction treatment firms in this cou ntry tells addiction treatment firms in this country tells us that although the figures are still small, the number of people they have seen with addiction to gaming has tripled in the last four years. we will talk to an addiction therapist. what is his advice for making sure people do not become addicted to screens? hello and welcome to the programme. we are alive until 11 o'clock this morning. i have a question for you. as

next month, the tenderloin housing clinic is starting residency at the bristol. these are larger units, in a nice building and will not have the intensive housing. and there are in addition to the bristol, there are a couple of existing step up buildings within the portfolio. so transitions point, we work with transitions, the intensive case management programs, acas conferences with d.p.h. we also work really closely with in-house support services through h.s.a., through daas. we have done some really exciting pilots, one of them at the kelly cullen supportive housing site, where we try to have clinicians with in home support services. one of the few reasons people lose permanent supportive housing is hoarding and cluttering and sort of inability to maintain their unit. so ihss is a critical part of housing andci critical partnershi

in the women's super league, just one game this evening as arsenal beat bristol city 4—0.trick. katie mccabe also on the scoresheet, that result narrows that gap with league leaders manchester city to just two points. former manchester united midfielder paul scholes has quit his role as 0ldham manager afterjust 31 days in thejob. the ex—england international signed an 18 month contract last month and got off to a dream start with a 4—1win over yeovil. since then he has overseen three draws and three defeats. in a statement, scholes said his decision was with deep regret, but felt he wouldn't be able operate as he had intended. it's been another exciting day at the cheltenham festival where bryony frost made history by becoming the first female jockey to win a top—level grade one race over jumps. she won the ryanair chase on her horse, frodon. 0ur correspondent andy swiss was there. what a memorable day we've had here at cheltenham. a little bit of history in one of the biggest races of the day, the ryan air chase, one by bryo ny frost, of the day, the ryan air chase, one b

. >>> and celgene surging today as two firms weigh in on bristol-myers $74 billion buyout plan we'llyou in next obvious. sometimes, they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ 170. just off session highs here. s&p is up a half percent nasdaq is up about 0.7%. the big headline is we are set to finish out the best quarter for the s&p since 2009 coming up, the s&p is on pace, as i just said, for the best quarter in more than two decades. that's first quarter best quarter since 2009, best q1 since 1998 we'll look at some winners and losers over the last three months >>> after the break, shares of restoration hardware parent, rh, wnummeting today on earnings do 22% we'll break down that move coming up. rebekkah: opioids has taken everything and everyone i've ever loved away from me. everything. i blew my ankle out and i got prescribed pain pills by my doctor. if making my detox public is gonna help somebody i'm all for it. i just

to bristol unless it's really no deal.wouldn't bet that way. >> rad in dallas for jim do you still like qualcomm >> i do like it. i have some out of the money calls. you'll get a ruling from the judge and the time this month. also an apple trial going on in california that i would expect to see settled this month. the reason for the move today is most likely a report that qualcomm has petitioned portions of the federal government to look to the ftc, make them settle because of national security concerns. and i think that's bringing back memories of last year when trump overruled the broadcom acquisition. the idea the federal government might get involved here is probably what's moving the stock today. >> thank you for that. steve weis, carl in new york is ibm a good pick for the long term >> may be my accountant, karl. you should just call me. you don't know if it's good tfo the long term. watson ai, they are making good strides there. as far as i can tell i don't think much down side if it does start to work the up side c

the analog people might point to is the bristol deal, but look at opposition.eaking up saying, we don't want you to buy a deal that is oriented around cash flow but still implies a long-term growth overhang. for biogen, yes, there are some promising high assets that probably aren't really priced into the stock. but ultimately if you are in buyer it looks more financially deal.ed as a and if you can't get a conviction on some of these pipeline projects, i just am not sure. given the opposition with bristol shareholders, i don't think there will be support for a megamerger like about. david: does this raise questions about the sector of biofarma more broadly? think any time there are major failures, there is a bit of a risk-off. at a want to say the writing was product,ll with this but it was well known to be a very risky product. you had a failure from another drug a month ago that had almost the same mechanisms. lilly had a failure as well. so i think folks will they that this drug was doomed from the beginning. alix: paul, thank you. coming up, an exclusive in

bristol-myers squibb down marginally. >>> from high-flying tech deals to home furnishings.ormerly known as restoration hardware not feeling the love after posting mixed fourth quarter earnings which missed on revenue and sales. stock cratering after cutting the 2019 forecast, getting downgraded by deutsche bank. shares are currently down 21%. >>> it was a constructive tweet that sparked the day's rally. how much of a catalyst will the china trade deal be in the second quarter? more on "countdown" next. a business owner always goes beyond what people expect. that's why we built the nation's largest gig-speed network along with complete reliability. then went beyond. beyond clumsy dials-in's and pins. to one-touch conference calls. beyond traditional tv. to tv on any device. beyond low-res surveillance video. to crystal clear hd video monitoring from anywhere. gig-fueled apps that exceed expectations. comcast business. beyond fast. but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to h

. >> right back at you >> jimmy, my stock is bristol-myers.mud >> because bristol my sers trying to buy celgene and we are big believers, and we think the plan is a good one and i keep putting out these things about the miracle drugs that celgene has. i'm with giovanni. how about billy? >> jim cramer. how are you doing? >> not bad thank you for asking how about you? >> i have to start by saying thanks for all your wisdom i'm calling you right now from the miami open i just got done watching roger federer play you're the roger federer and i watched them slide the last time. >> i know. we all were watching the semis. >> i missed out on that, but i watched xlnx, and i know you like micron. >> right >> no, i like xilinx much more than micron because it's the best buy there is, and buy xilinx off of 5g let's go to david in pennsylvania, please david? >> hey, cramer how are you? >> doing well. how about you? >> good. i call you crazy smart cramer because you're so wise >> i'll take that. no problem with that >> listen. i want to know about wgi offsh

we very much in bristol take a prevention is better than cure approach.airing. we have lots of new technologies which the local authorities are trying to help us identify those things. thank you very much indeed. hopefully you heard all of that above the work, but it is essential work, of course. the government has said new technology is helping enormously, promising £6 billion over the next few years to get ahead of the problem but local authorities tell us problem but local authorities tell us it is a ten year backlog, it will ta ke us it is a ten year backlog, it will take ten years behind, trying to catch up. that is the situation in bristol. time now to get the news, travel and weather where you are. good morning from bbc london news, i‘m alice salfield. a man convicted of manslaughter following a boat crash on the thames is due to begin an extradition hearing in georgia today. jack shepherd was sentenced to six years in prison for the manslaughter of charlotte brown, but fled the country before his trial. if he agrees to the extradition, he could be

has to do that aviva is not as good as keytruda bristol need celgene we need this pipeline of celgenet to do more homework >> in the medical space, i know you're watching allergen >> i struggle with allergen. the theory here is that the reason why that stock has been going down pretty aggressively is that this drug was not going to work. that's why the stock is down it was down 7 last night it's now up because the analysts are saying, listen, it was already in the stock i have to tell you there has to be some change at allergen because there was one of their six stars. in many ways other than the cgrp pill for migraine, this is really the only other one. i regard this as a true disappointment i don't think the stock should be up, but i think the stock is going up because people believe the company is going to have to take action. otherwise the stock would be down much more this was an important drug and it failed. no one talked about the j and j drug which is incredible i think it's going to be a blockbuster, billion dollar drug in 2020. j & j is winning in that war and al l alergan i

. >>> coming up, bristol myers speaking out after two major shareholders say they do not support the >>> tomorrow don't miss the interview with jeremy grantham with where he sees this market we're back in a couple minutes it's about technology transforming every sector. ♪ at pgim, our bottom-up approach uses a technology lens to identify long-term winners. from energy... to real estate... to retail. finding such opportunities for alpha is the true value of active investing. and around the world, you have a partner in that pursuit. pgim: the global investment management businesses of prudential. you should be mad at leaf blowers. [beep] you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. but you're not mad, because you have e*trade which isn't complicated. their tools make trading quicker and simpler. so you can take on the markets with confidence. don't get mad. get e*trade and start trading today. don't get mad. what do advisors look for don't just track an index, help me meet a client's need. is the fund bu

that's what bristol-myers squibb does. today we have discussed a number of very concrete policies from addressing the issue of rebates to value-based pricing, supporting the development of a generic market and you have my commitment to our company is looking forward to working with this administration that many of those policies can be enacted because they would make a very big difference for our patients. >> senator, we actually we cannot influence policy. we can apply reasonable pricing and continue pushing for value-based pricing. hopefully my colleagues will share this view, i really don't think that we are blaming anybody in the system. we're placing the blame on pbms and others. i think what it is, we're in a system that used to be fit for purpose and really drawed enormous saving but is no longer fit for purpose and it's one of those situations where nobody in the situation can do anything. the government has to step up and change the rules. and those rebates have to do. >> i would agree with many of the points. we

bristol-myers celgene, is that geel deal going to get done >> bristol-myers celgene -- >> is it going >> more likely than not. i don't know got to do more reporting we'll see. a number of significant investors who are weighing against it not starboard, wellington, dodge and coxs of the world, they'll be important you want me to keep going? it is going to be about vanguard about black rock and about -- >> i think it passes i think giovanni gets it, the ceo of bristol the retailers, okay, the ones that disappointed are now actually taking out where they were when they disappointed. that's rather amazing. that's forgiveness that might be one of my topics for tonight. dollar general, dollar general's quarter was horrendous and the stock is back where it was before the quarter >> i want to get to -- >> the home depot, it is back. breaking news. >> speaking of back, let's get back to our headquarters and dom chu has news for us. >> so what we have now is privately held purdue pharma and its main family asset backers, the sackler family, have agreed to pay $270 million to resolve claims by t

this simulated reactor at bristol university is examining the response to being shaken.imate limiting factor to the lifetime of these reactors. so, ultimately, there may come a point in time where those reactors have to come offline, and they're not able to restart. edf still doesn't know when it would like to restart hunterston b. it says safety will always be its priority. sports direct boss mike ashley is attempting to take total control of struggling department store debenhams. rob's here to explain what this is all about. sports direct, or mike ashley, it already has 30% of debenhams, so this is an attempt to get a total boardroom takeover? mike ashley says he wants to see all but one of the directors of debenhams removed. in a statement to the stock market, a pretty dramatic announcement, sports direct would carry out an executive role, mike ashley, he wants to be the boss of debenhams, the company he already controls almost 30% off, and clearly he already controls almost 30% off, a nd clearly wa nts he already controls almost 30% off, and clearly wants to try to r

bristol myers is buying celgene e're seeing both sides of it. sp spin-offs will likely continue. it's tough to say if you're going to see a big wave of them. one factor that could lead to more spin-offs, if you look at interest rates, if interest rates were to move up a lot, that would make i really expensive for companies to do big merger deals and that might slow the mergers down and you might see more spin-offs afterwards. there's a few things happening but you'll probably see more but we don't expect a massive wave coming. >> does it pertain more toreas that are struggling? for instance, we know that the gap was struggling for ae. wh it's in the retail sector. retail is tou right now. is that type of atmosphere when a company is struggling in a difficult niche? is that when you tending toee re spin-offs or does it not apply? >> they're all over the map. you can see sometimes a company where basically the entire business is allenged. you look at gap, you've got half the business or the gap and banana republic definitely struggling. old navy is doing better so you'veot a mix th

bristol meyers was down a fraction to $47.71, but celgene got an 8%se bump to c at $94.34. >>> our market monitor guest d tonight says't bet against the american consumer.s joining u is the managing principal with butcher joseph asset joseph. welcome, kenny, good to see you. >> nice to see you. >> sog a str economy if we get a trade deal, a resurging so home depot is one of your picks. why? >> it's right in the perfect tspace because it's do it yourself. it's the home selling season. people getting ready to sell their houses. they're going go there and fancy up their houses. besides thehe fact stock had gotten unnecessarily beaten up inbehe october to dec correction. we took advantage of those better prices. and so now it's rallied rig back to its february highs. it's at 192. if it breaks out tthere, probably runs to 210. >> mcdonald's. in retail anymore it seems -- ande i inc fast food in that as well. it's not just what you sell, it's how you sell it they're making some interesting moves right now. >> huge technology moves, right? they're putting kiosks in all their stores and making th