cells that are genetically coded to express the comerica antigen receptor to recognize and fight cancer cells after processing these cells novartis sends them back to the patient's doctor to then infuse them back into the patient's body from there the cells multiply attack and hunts down tumor cells that express a protein called cd nineteen while growing thousands of new cells in replacement so that's how the therapy works and tosh. successful is the treatment. it's actually been very very successful now i want to give a shout out to the researchers at the university of pennsylvania who develops this now they first used it on clinical trials for patients suffering from c l l which is chronic lymphocytic leukemia and they then used it in other clinical trials on people with a l l which is acute lymphoblastic leukemia a very rare type of cancer that affects only about five thousand people every year mainly children and young adults now in early clinical trials quote eighty nine percent of patients who were not responding to conventional therapies went into complete remission after receivi

it's a story of the banks, and if you take a look, you see goldman sachs, bank of america and comericaregional bank, all down downside. i'll try to summarize the bank earnings as best as i can. the things that matter are the fixed income and commodity trading and net interest income is up in all these banks, but not up as much as people had hoped and non-interest income and these are the fees that have been charged and that's been a big topic and a big source of revenue for many years and that's higher and that's been a plus and here's the other big issue and loan growth has been fairly anemic and you can see this in comerica bank and this is in the center of the united states and texas what's called middle market lending and comerica, they gave guidance for the year and their loan growth will be up 1%. they had previously been up 1% to 2% and the bottom line is we're getting some growth and it's not great and the interest income that you would normally get from a lift in rates is there, but not that much that's why you get these slightly disappointing results and then you get trading

collective wrongdoing and the corporations know by busting that up by dynamiting that ability of the comerica and consumer to do that they take away and then make a reality of these folks are never going to have their day in court or even for that matter before an arbitration panel it's all by design and right now they are executing it perfectly so in other words the banking thief they can sit in a suit they can sit in a boardroom and they can say look you know we can actually steal fifty dollars a month from ten million people and the reason we're going to get away with it is because that person we steal from isn't going to be able to hire an attorney that person we steal from isn't going to be able to join a class action so basically we're going to pocket all of that fifty to one hundred million dollars and get away with it because we have been successful in selling the american public the arbitration clause real quickly is there anything the consumer can do about this tim anything at all. there's very little that can be done right now right now the consumer protection bureau is trying to e

those are the ones i like, like comerica reported today. that's no trading.he big thing is long growth, interest income and noninterest income there's comerica down about 1% their guidance, their 2017 guidance take a look at this, average loan growth up 1%. they had talked about 1% to 2% good energy book this is okay but not great that's the primary reason it's down, mediocre loan growth very sensitive to the short end of the curve that will help them out. it's not moving as much as they had hoped. noninterest income these are the fees everybody gets charged growing for years. 30 to 40% of their total revenue base now that's been growing. that's a good point. credit quality has been strong those are all good points. again the loan growth is the reason we're seeing a bit of weakness today stock was at an historic high a week ago low volatility everybody is complaining about it td ameritrade. tim hockey, ceo, has been on our air many times since taking over the reins, said broadly engaged strong trading volumes with healthy trends in new accounts and institutio

become much more advanced....the tigers are beginning to use fingerprint scanning at the gates and in comericaarkfans can now register their fingerprints at kiosks within the ball park and their future trip through long security lines will become much shorter... as they will no longer need tickets for admittancethey hope in they can use the same allow fans to purchase consessions without having their wallets.... and universal studios already use the fingerprint technology the kyrie irving trade sage continues today... ... lebron james is denying he leaked that irving wanted to be traded... but it hasn't stopped irving from the "ultimate" crime against james...(wipe to irving deletes lebbron) with the news surrounding irving and james heating up it's quite apparent that their relationship has hit thin ice...irving appears to have un-followed james on instagram a screenshot from the platform shows james does not appear on the followiung list from irving's account. what happens next in their relationship is now anyone's guess. floyd mayweater versus conor mcgregor is headed to a movie theater nea

cleared to submit a new drug application or nda several additions to the all time high list, boeing, comerica and thermofisher watch those names in today's trading. that's ut fit for this hour let's send it downtown back over to you. >> thank you good morning it is 8:00 a.m. at snap headquarters in venice, california 11:00 a.m. here on wall street and "squawk alley" is live ♪ >>> good morning welcome to "squawk alley" here at post nine our own sarah and mike carl has the morning off >> and we also want to welcome our guests for this hour joining us this morning from london's nyu stern school of business professor scott galloway and from one markets, co-founder kate mitchell we're watching shares of amazon. 14 hours into prime day. 14 hours into prime day. the company is saying the echo is the best per foming -- best-selling item for the day. marked down by 50% it's not just amazon we're seeing deals across ebay and best buy mark things like ipads, lap tops, smart watches down by 47%. lost the script. there kate, when it comes to amazon, is there a point at which the sort of dominance of u.s.

become much more advanced....the tigers are beginning to use fingerprint scanning at the gates and in comericaregister their fingerprints at kiosks within the ball park and their future trip through long security lines will become much shorter... as they will no longer need tickets for admittancethey hope in the future, they can use the same program to allow fans to purchase consessions without having to take out their wallets.... disneyworld and universal studios already use the fingerprint technology (steve) get ready for "taco mode." the partnership that could be just the right thing for those who need a ride home after a night out on the town. (pam) taco bell is joining forces with bay area based ride sharing app lyft. (steve) while you're being chauffeured around town you can add a taco bell stop with the click of a button. the companies have announced " taco mode"an option only for lyft users. lyfty say's those who select taco mode get a custom menuand a free taco when they "ride through" a nearby taco bell. the fast food chain and lyft are set to test the feature in orange countyand wil

cleared to submit a new drug application or nda several additions to the all time high list, boeing, comericah those names in today's trading. that's ut fit for this hour let's send it downtown back over to you. >> thank you good morning it is 8:00 a.m. at snap headquarters in venice, california 11:00 a.m. here on wall street and "squawk alley" is live ♪ >>> good morning welcome to "squawk alley" here at post nine our own sarah and mike

ideally banks benefit from -- bank of america and comerica had a very good margin. the business lenders have loans tied benefit the most. is whatally that happens is the fed raises the rate and the yield curve growths and the margin starts to slow down and decline. david: you mentioned loan growth -- what we know about the second quarter of bank of america for that? >> growth starts to slow down and decline. loan demand was solid and we would like to see stronger growth across the banking industry but in their consumer business which as you know, this is a strong consumer bank. we saw solid loan demand and we will see that as the economy accelerates in growth, should accelerate, bank of america and its peers will benefit from stronger loan growth. alix: net charge off in the credit card business was up by 5%. why is that? what we know about the health of the consumer? suggest is that the total credit picture for bank of america and the industry is very strong. as you pointed out credit card charge-offs are starting to rise but we have to remember that they were at l