the company also had this kind of small cystic fibrosis franchise, a drug called kalydeco, 4% of cysticspecific gene mutation.ç as of friday vertex was seen as an ailing hepatitis c play. yesterday, though, it became a completely different company or at least a company with dramatically improved prospects. how could an interim data point from a single phase two study totally alter the way we look at a giant company like vertex? the new trial for a new cystic fibrosis treatment that's labeled vx-809 used in combination with kalydeco, the one that's already on the market, it's big. cystic fibosis is a nasty uncurable genetic condition. it can make your lungs fill up with a thick, sticky mucous that makes it really hard to breathe, can lead to chronic infections and destroy your lungs. it's a terrible, terrible disease. up until now there's little to treat it. that's where vertex comes in. led to improved lung functions for a staggering 46% of the people who got the therapy experienced major improvement, that's gigantic. this hideous disease takes so many young people. they raised their p

when information was sought about cystic fibrosis.'m being very careful to try to not reveal his identity, that's all, hence the hesitation. but i think we sort of, we know what happened. >> that's all very vague, mrs. brooks. >> purposely so, i think when we wrote this article, i think, although like you say, i was chief executive at the time. i remembered "the sun" absolutely putting this together to refute gordon brown's allegations, and we are incredibly clear on it. we had an affidavit from the father where he explains the stricken but i don't think that affidavit is publics so i'm just being slightly hesitant in not to reveal his identity. >> we are not concerned with his identity. that wasn't my question. the father's version is, and we can see this in the article, i have not had access to the medical records of any child, at any time. all of which is the truth, as i shall answer to god. apparently it was, his affidavit says, was its? >> i think it was longer than that but that would be part of it, yes. >> how did the father ge

when informationwas sought about cystic fibrosis.'m being very careful to try to not reveal his identity, that's all, hence the hesitation. but i think we sort , we know what happened. >> that's all very vague, mrs. brooks. >> purposely so, i think when we wrote this article, i think, although like you say, i was chief executive at the time. i remembered "the sun" absolutely putting this together to refute gordon brown's allegations, and we are incredibly clear on it. we had an affidavit from the father where he explains the stricken but i don't think that affidavit is publics so i'm just being slightly hesitant in not to reveal his identity. >> we are not concerned with his identity. that wasn't my question. the father's version is, and we can see this in the article, i have not had access to the medical records of any child, at any time. all of which s the truth, as i shall answer to god. apparently it was, his affidavit says, was its? >> i think it was longer than that but that would be part of it, yes. >> how did the father get t

when information was sought about cystic fibrosis.'m being very careful to try to not reveal his identity, that's all, hence the hesitation. but i think we sort of, we know what happened. >> that's all very vague, mrs. brooks. >> purposely so, i think when we wrote this article, i think, although le you say, i was chief exutive at the time. i remembered "the sun" absolutely putting this together toefute gordon brown's allegations, and we are incredibly clear on it. we had an affidavit from the father where h explains the stricken but i don't think that affidavit is publics so i'm just being slightly hesitant in not to reveal his identity. >> we are not concerned with his identity. that wasn't my question. the father's version is, and we can see this in the article, i have not had access to the medical records of any child, at any time. all of which is the truth, as i all answer to god. apparently it was, his affidavit says, was its? >> i think it was longer than that but that would be pt of it, yes. >> how did the father get the infor

. >>> a little boy named dillon has cystic fibrosis and has to do long breathing exercises but see what when his mom turns on themusic. ♪ . >> go ahead, dillon. it teansing by the song dynamite makes the exercise go faster. that does it for us. fox 5 news is always on. myfoxdc.com. sportscast is next  [ female announcer ] safeway presents real big deals of the week. or how to get great prices on things you need. we know you look around for the best deals. that's why we give you real big club card deals each week. right now, deer park water is just $3.33 a case. heinz ketchup is only $1.49. that's for the party size. and hillshire farm sausage is an incredible $2.49. real big deals this week and every week. only at safeway. ingredients for life.

. >> reporter: she raises money for cystic fibrosis events. she holds events but also turns to social media. christi knows friends on social media know that people can become foe. >> they said click on the picture. it looked legitimate like someone trying to share something with me. >> reporter: the friend that supposedly sent her the picture had been hacked. the link was a virus. >> to think you're one click away from crashing your entire computer. i know i keep lots of documents and family foes on the computer. then you get a virus and a lot of times those things cannot being recovered. >> reporter: he was a long time cyber crime detective who now specializes in cyber security. he hears stories of hackers all the time. >> they can be devastating to both their personal lives, their identity stolen to their home computer to their work computer to employer's work computers. >> reporter: here are the top five social scenarios. first, a facebook post from a friend inviting you to link to a photo hall bu. emails disguised could look like they're f

vertex is so important, because it's the only thing for cystic fibrosis sufferers. you'll be taking this drug, i believe. unfortunately it's a terrible disease. and this drug will be a monopoly. and i think you're right. this is bigger than even the stock up 20. it goes even higher. i hope it comes in so i can recommend it. hot commodity, here's the lens you've got to look at. listen, people, if it needs commodities to go higher, it ain't working. if it needs commodities to go lower, uses a lot, hey, that's what's winning. it's going to stay that way for a while. "mad money" will be right back. >>> coming up, insurance premium? shares of aig took a hit today after news the government was winding down its stake in the company. cramer is deciding if this could be opportunity knocking. >>> and later, organic growth. health conscious consumers' desire for fresh food has been fueling growth. sent stock to a new all-time high. should investors still be hungry for shares? cramer's exclusive with the company's ceo is just ahead. >>> plus, bow guard versus new blood. cramer

. >> they both suffered from cystic fibrosis, a disease that was so severe that was robbing them of thethe. doctors at children's hospital at stanford told the young women they would each need a double lung transplant. >> had they not gotten a transplant, i don't either one of them would have survived more than a year. >> reporter: anna's case was complicated because she needed a liver transplant. so he would have to wait on two lists at the same time. >> the waiting was excruciating. to help them handle the pressure the doctors decided to introduce the two young women who never met in person. >> it was awesome because we were friends. >> their friendship were grown by the time me the were able to exchange the life changing message. >> we talked about what it was like to get the call. she got the call and she had so much excitement. >> i got the call. what! i was really excited. >> they would receive transplants within a month of each other. double lung and liver transplant was the first of its kind performed at lucille packard. >> still doesn't feel very good. >> both transplants were

. >>> vertex pharmaceuticals shot up 55% after positive data on a cystic fibrosis drug. it was suggested vertex could have a move. in the years ago. >> tom: - the company reported profits but down from a year ago despite strong sales of the mass affect video game. the stock ha been trending lower since november. down about 7% in afterhours action. take a look at our market. we have actively traited ets all frac agency lehigher lead by flx up by more than half of a percent. that is tonight's market focus. >> tom: a political uncertainty in europe, job growth here, slow in china. this fuels bonds. lindsey bell is with us tonight. the yield on the ten year bond dropped today. does this represent a bubble in bond prices. >> -- the interest rates have declined. they went from 2.4% to below 2% today. the reason for that is bays european concerns reemerged. we heard from corporate america, and we got mixed economic data from the u.s. they're driving prices up come yields down. >> tom: we have seen this for a long time. better part of 30 years the bonds yields flowing from the d

. >>> they raise money for cystic fibrosis research.he turns to social media. >> some of our best support can be raised through the internet or the media. >> she knows friends can become foes. >> i had someone share a picture on there. and they had said. click on this picture and it looked legitimate. like they were trying to share something with me. the friend who supposedly sent the picture had been hacked. the lick was a virus. and to think you are one click away from crashing your entire computer. >> i keep lots of documents and all my family photos and things on the computer. >> a lot of times they can't be recovered. >> they are looking to set you up. >> tim was a long time cyber crime detective who specializes in cyber community. he hears stories from hackers all the time. >> they can be devastating to their personal life. their identity is stolen to the home come computer. to the work computer and employer's work computer. >> this can lead to scams usually through an infected link or hacked account. >> facebook post inviting you

it's because of better than expected result out of a still on gone phase-two study on adults with cystic fibrosis so far they have all seen improved lung function of the very good news. they're hoping sales will be very very strong in the coming years. back in november there were worries it was losing grournd as it tries to compete. as you can see here shares have almost doubled making up considerable ground since november. >>> summer movie season under way. superheros leading the charge. lights, camera. >> after john carder bomb, disney needed a hit. marvel's "the avengers" had the biggest hit in the u.s. opening ever bringing in $207 million in the box office. the movie is on track to surpass $1 billion of the global box office justifying disney's $4 billion acquisition of marvel and it will help compensate for the write down they're taking on "john carter." we'll have a interview with bob iger. sue, over to you. >> we look forward to that very much. >>> europe goes left. so what if this is the beginning of the end for greece and the euro zone and what if france says no more budget cut

. >> shares today after the cystic fibrosis drug led to improvement of lung function in adults. they top more than 55% on the news. you talked about a lot of these biotechs and it's a binary trade. it will come out better or worse. >> no doubt. with the names, we talked about buying etf and it's obviously been a great trade. i like individual names and i continue to go to jpmorgan and weakness is relative in this stock because it has been a monster. human genome that made a play for. from 7 to 14 and typically i say get out at 14. there is another round for this. the two nails i continue to look at is sell gene and human genome. >> most people don't. when i am buying high risk, i know the downside. i have no idea. i would go the same way. with the xbi etf. they are cap weighted. 15% to one stock. they make up half the etf and if you look at the xbi, it's equal weighted. you have 40 different names and each worth about 2% or 2.5%. it matters because you are in the smaller ones. i think that there is a lot of different ways to win here, but the sector is in a leadership role becau

. >> and a dose of sunshine as drug makers stock is jumping after cystic fibrosis therapy showing vertexst year. oh, look at the spike today. up 54%, incredible over the past year, up 5.7%. >> up next, gluten free pizza. sort of. we'll explain when we return. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering, web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. i have twins, 21 years old. each kid has their own path. they grow up, and they're out having their life. i really started to talk to them about the things that are important that they have to take ownership over. my name's colleen stiles, and my kids and i did our wills on legalzoom. [ shapiro ] we created legalzoom to help you take care of the ones you love. go to legalzoom.com today and complete y

he is a nar cystic guy, ego maniac -- narcissistic guy. ego maniac.re was an inquire thing he was hiding in the bathroom and got exposed. >> brian: you don't go shopping. >> andrea: the viewers are sick of different standard at home. charles rangel. and eliot spitzer, prostitution is lyle. now john edwards. >> bob: have the fox and friends visitor take us out here. >> brian: blocking for me. take it the restto way. coming up straight ahead, dana perino at the white house with the president, former president of the united states and the current president of the united states. and she will tell us what went on behind the scenes at 1600 pennsylvania avenue. the drama is tremendous! ♪ ♪ [ male announcer ] introducing a powerful weapon in your fight against bugs. ortho home defense max. with a new continuous spray wand. and a fast acting formula. so you can kill bugs inside, and keep bugs out. guaranteed. ortho home defense max. and then treats day after day... well, shoot, that's like checking on your burgers after they're burnt! [ male announcer ] treat

today after data coming out of that ongoing phase two study for the company's treatment to treat cysticosis in adult. showing better than effected lung funk suffering from a common gene mutation. very bullish on the possibility of this drug going forward as you can see. but shares of cognizant technology going ought other way and the company lowered full year expectations despite reporting inline earnings. bill? >> didn't i see you on the "today" show over the week end? >> yes, did you. >> good job. >> thank you very much. yeah, a great time there. about 18 minute left here and time for market strategy check at this hour. let's start with the volatility index. retreating from the highest close since mid april. right now, down a fraction or a little over 1% at 1894 as traders and investors digest election results over europe out of the weekend. now to the nasdaq composite. not too far from session highs though it is back below 3,000 for a second day in a row. right now, it is down -- well, up six point but at 29.62. snapping a two-session losing streak. what a relief there. >> also on th

vertex pharma tanking after it corrected some data around a cystic fibrosis drug.5% kre lent oi tennessee original data. vertex says of the improvements were relative, not absolute, whatever that means. still some analysts out defending the stock saying the data while maybe not as good is still pretty darn good. >> okay. also some sunshine for a recent ipo. no. we're not talking about facebook. we're talking about splunk up sharply today. since its april debut the stock up about 115%. ticker symbol splk. the company makes software that collects and indexes data. currently up 2% today. >> caving gear. >>> time now for the outrage of the day which is a new segment on this show and possibly this is the first and last of them. here you go. ceo of rite-ate god an $8 million pay raise over last year's numbers. john stanley went from $2.8 million in 2010 to $10.97 million as a full year 2011 compensation. you've got stock, whatever, whatever. i don't know john standley, herb. rite-aid has been a troubled company for a decade. the stock has effectively been under 2 bucks a

the analyst cited optimism over the company's cystic fibrosis drug. ty ler, back to you. >>> seema, let's turn now to bonds. fears of europe driving investors to the safety of u.s. treasuries. yields on the 10-year falling to their lowest level since last september. let's look at the bonds market action. there we start with the three-month t-bell. it's dead in the water. why? it pays no yield. look at that, 0%. no change, basically. 2-year note, the yield is up a little bit. but the 5-year note's yield, the 10-year note yield, 1.78 coming down and the 30-year t bond the yield there moving down. jane, let's go to jane wells monitoring jerry brown's news conference talking about the growing state's budget deficit. jane. >> tyler, yes, the governor just wrapped up a news conference on how he hopes to try and close a $16 billion deficit. and somebody asked him what impact facebook going public may have in helping close that budget. here's what he had to say. >> who knows. that's wall street. you know. if jamie dimon, who's supposed to be a real smart guy

vertex pharmaceuticals sliding sharply after correcting its cystic fibrosis combo data.tors really upset with that revision. i should say we are off our lows. stock down better than 11%. sue, sending it back to you. >> thank you very much. >>> a check on the bond market now right now. rick santelli's tracking the action for us once again from the cme in chicago. we saw a little move into the bond market earlier this morning. is it holding? >> it's holding. we're going to get to the bonds. it's going to be the last train car on this train. let's start at the forensics. putting everything together. if you look at the euro, everything happened between 11:00 and 12:00 eastern today. you can clearly see how the euro gave up ground. we're all in one giant trade. it begins and ends with europe. as you look at that, you see what everybody's been referring to. how much gold lost very quickly. didn't stop there. look at the s&p 500. how much ground it gave up. now we get to the protagonist here. this is what everybody wants to own. treasuries, bunds, gilds. yield pushed down to th

we'll help the wounded warriors go fishing and money to cystic fibrosis and they stepped up to the plateld expect nothing less from my guys there, steve. thanks so much, man. >> my pleasure. thanks. >>> coming up, will walmart's results help it move past the bribery probe? we're taking positions ahead of tomorrow's report live when we come back. hey, did you ever finish last month's invoices? sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the office. i can't hear you because i'm also making you a smoothie. [ male announcer ] marriott hotels & resorts knows it's better for xerox to automate their global invoice process so they can focus on serving their customers. with xerox, you're ready for real business. but not how we get there. because in this business, there are no straight lines. only the twists and turns of an unpredicta

>> bass, strike bass, we will raise money for cystic fibrosis and we will do it all here in new yorkteve. >> you've been giving your time. tell us about it. >> any time you can have conservation of fish iing i is -- and also the wounded warriors, i'm -- i grew up in a military fa. these guys that serve our country and come back from these wars and put a little smile on their face and take pictures with them and get them on the water and have them catch some fish. >> you're one of the greatest two-strike hitters of all times. what can i tell my kids to do at 0-2? >> don't have the fear of striking out. >> reporter: speaking of guys who don't have the fear, guys friends of cnbc, wilbur ross helped us out. anthony, gary came out big and a lot of the guys from "fast money" helped us out. joe, guy, tim. i will toss it back to you, mandy, we're having great fishing and doing good things for the charities. >> good for you. we've been watching all week and now doing fish watching. let's get back to our guest host. lee, thank you for sticking around, chairman and ceo of am -- omega advisors.

it does recommend genetic tests for other things like breast cancer and cystic fibrosis. >>> an armyason is because she was a woman. [ female announcer ] did you know the average person smiles more than 50 times a day? so brighten your smile a healthy way with listerine® whitening plus restoring rinse. it's the only rinse that makes your teeth two shades whiter and two times stronger. ♪ listerine® whitening... power to your mouth. [ engine turns over ] [ male announcer ] we began with the rx. [ tires squeal ] then we turned the page, creating the rx hybrid. ♪ now we've turned the page again with the all-new rx f sport. ♪ this is the next chapter for the rx and the next chapter for lexus. see your lexus dealer. >>> the first woman commandant of an elite drill sergeant school says she was suspended from her position just because she's female. and it turns out she might have been right. here's jason carol. >> reporter: we first met command sergeant major theresa king three years ago at fort jackson, columbia, south carolina. what are you looking for? because it all pretty much looks lik

as co-founder of the cystic fibrosis caucus, i'm glad we're giving this tool to the f.d.a. i support the f.d.a. reform act. the speaker pro tempore: the gentleman from new jersey. mr. pallone: thank you, mr. speaker. i'd yield three minutes now to the gentleman from north carolina, mr. butterfield. the speaker pro tempore: the gentleman from north carolina is recognized for three minutes. mr. butterfield: i thank the gentleman for yielding and thank him for his leadership on this committee. mr. speaker, i rise today in support of h.r. 5651, the food and drug administration reform act, and want to simply highlight section 865, the rare pediatric disease priority review voucher incentive program. i am so pleased this section was included in the base text of the bill. i want to thank my colleagues on the committee and my good friend, congressman mike mccaul of texas, for joining with me to see to its inclusion. actually we joined together in seeing to its inclusion. also, let me give a strong thank you to nancy goodman with cancer kids -- kids versus cancer, who was a strong a

under pressure this morning, the company correcting previously released data from a trial involving cystics reported to see lung improvem t improvement. the stock is down sharply. >> dollar for announces a 2 for 1 stop split. >> coming up, jack and suzy welch will join us to receive three book awards. and friday we'll have a special guest, alan greenspan. greenspant in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ tdd# 1-800-345-2550 there are atm fees. tdd# 1-800-345-2550 account service fees. tdd# 1-800-345-2550 and the most dreaded fees of all, hidden fees. tdd# 1-800-345-2550 at charles schwab, you won't pay fees on top of fees. tdd# 1-800-345-2550 no monthly account service fees. tdd# 1-800-345-2550 no hidden fees. tdd# 1-800-345-2550 and we rebate every atm fee. tdd# 1-800-345-2550 so talk to chuck tdd# 1

morning's corporate movers, check out the vars shares of vertex, reporting positive data for its cysticbreaking condition and you've seen kids that have to clear out their lungs and the prognosis isn't always great. that's good news. i'm going to look into that. >> good. let's get back to becky quick in carter lake, iowa with our newsmaker of the morning. becky. >> thank you. of course our newsmaker of the morning is warren buffett coming fresh off the berkshire hathaway annual meeting. 35,000 shareholders descended and they did a lot shopping. it's interesting because our furniture store will do $35 million in business. we've done a thousand dollars of business per every man, child and woman. the shareholders were out getting bargains. >> that says a lot about the shareholders, the numbers coming in, but it says something about consumers, too. >> sure. they're in a different mood than they were a few years ago. i saw that at the jewelry store, too. i sold jewelry for two and a quarter hours and i couldn't sell tickets fast enough. crazy warren was in his element. >> it's a special thin