>> who buys from eli lilly? they buy from the wholesalers , the drug sources so where's your interaction? is your interaction with eli lilly or with your pharmacist? if you know in your 20 blocks of manhattan there's 26 pharmacies and you've got a app on your phone that says it 10 percent cheaper here than the rest of them, where are you going to go? the point is it will happen. i believe in our patent laws. that's what drives people to spend 1.6 two $2 billion per drug trying to get a chemical moldy that will work the cause they do have a patent and can get that investment repaid. that's what our country is built on.that's the whole idea of creating wealth is based on taking risks so that you can create a new mousetrap that might improve somebody's life and you want to get rewarded for that if you took that risk. i know some places in america you'd have to be embarrassed to be a capitalist. that is one of the greatest forms of government that ever happened and i'm proud to be an american because you look at all

we're going to start off with shares of eli lilly. by 1.75% in the premarket session. this after earnings came in for lilly at $1.34 per share revenue $5.7 billion versus $5.5 billion. they also see their full profits $5.10 to $5.20 beating estimates. those shares up right now. also turn to what's happening with harley-davidson a lot of focus on this company given recent weakness in sales they've seen over the past few quarters those sales up by 2% now on thinner volume earnin earnings beating estimates the shares also moving higher as well and then we'll end on one of these stocks that's been showing a lot of signs of life these days defense contractor lockheed martin up on premarket this after the defense contractor which is the biggest pentagon contractor by far if you look at those numbers, lockheed martin $4.02 a share. $3.40 was the estimate they've also raised their 2018 guidance they see about 50.35 billi$50.3t $51 billion in terms of the overall revenue picture. also the 2018 full year earnings $15.80 to $16.10 that kind of ar

care more about profit than the people the american diabetes association may have millions from eli lilly but they've repeatedly raised prices on its best selling insulins when the medicines have been out for you know they've been around for decades a patient group has no incentive to call out eli lilly or any pharma company when their cash flow is the life blood of the all right i know but either we take their cash or the obstructionist as continue our bake sales of laxatives treats like diarrhea has been lax cooking. back. i've even brought you some. yes. but no one is buying me right. you'd be surprised how well lax cookies sell at high school across games when you lie about the ingredients. we get paid and increase their odds of being on sports center. just this not in a way they intended. i know you've got more to talk about but i got to go see that he. was even though i seemed rachel maddow earlier in the show if i forcing you to watch her speak we are not done with m s n b c they're becoming more and more right wing every single day for more on this let's go to redacted corresponde

we've been working 25 years on pain at eli lilly & co.and will finally for the first time this year come out with their first migraine onset and we hope to have a couple of migraine assets in a pain medication for chronic lower back pain in osteoarthritis. all of those put behind it if we actually can measure and we can now especially with technology, how many migraine somebody has come to predict when you look at the migraine so if they are using chronic first acute to do it in a timely fashion and gives clues to what they should do to help prevent them. then we get to a point where get to a point where you take technology medicine proving a better outcome in the car should go down dramatically. cost of hospitalization, missing work on a been able to enjoy your children again. those things that are measured by valuable as well. >> was pretty two d. you could then ascends charge based on that and say to the government come and this is why we are justified to price this way. >> the biggest issue if it wasn't that it wasn't theirs. it's tha

eli lilly, sotheby's, and starting at 6:00 a.m., we have six dow components reporting we'll bring you and instant analysis that's what we have on "squawk box" coming up >> quickly, thank becky. i won the bet. i didn't need coffee she brought me swedish fish. my favorite. i have already eaten half the thing. >> excellent >> brian, you won the bet. fair and square. >> she has a mic >> i was wrong you won the bet. >>> we are on rate watch the ten-year yield inching closer to 3% what do those rates mean for housing? diana olick has more >> it means rates jumped to the highest level in four years yesterday because they follow the ten-year treasury yield. it's not really the current rate which is still low, but the fact that rates are on the move higher again and that scares home buyers. the 30-year fixed shot up to start the year and then sat and even came down a bit last week it turned up again and the expectation is that it will keep rises so we went to an open house in philadelphia to gauge buyers the $600,000 home had two offers by sunday, and buyers were much more worried about findin

coming up, dave ricks, eli lilly ceo. turn now to wall street beat where we cover three things wall street is covering. deutsche bank decides, the german letter considers cuts to its u.s. cash equity business as part of its restructuring and now some managing changes with the new coo. eda reaches aei deal to buy the shire. joining us now is bloomberg's ed hammond. we want to join -- we want to start with deutsche bank. ed it was quite predictable they would do this. they were once the powerhouse, the biggest most successful european bank and they kind of pulled back because it has not worked out the way they wanted to. not going to be real scale, it does not make sense for them to be there at all. arm cost five dollars for every four dollars of revenue it brought in, last year. david: that is not good business. ed: it is not sustainable. david: in the meantime, they have a new coo. he is really more of a person that can build the infrastructure but also risk management. ed: they need that. david: definitely. ed: they have

." >>> eli lilly raises its full year outlook, and that's where we begin tonight's market focus. the drug mhaer said higher sales for many of its medications helped quarterly profit top expectations lily said that it's optimistic that the product pipeline will fuel the next leg of growth. >> we had a very strong quarter with9% revenue growth and minus 5% on costs yielding a large beat and significant growth on the bottom of e income statement. the company's performing well against our priorities which start with launching new products. we've launched nine new products in the last three years. hope to launch six more in th y ner and a half. this is the beginning of a new phase of growth for us and driven by new innovation for patients with serious conditions. o> shares were down a fraction today $80.09. >>> a rise in fighter jet sales helped lockheed martin. they raised their full years earnings guidance, but iestors were disappointed to hear that the company was maintaining its 2018 cash flow outlook. shares fell 6% to 336.49. >>> d sales inched higher at harley-davidson helping

eli lilly's rating was raised from underperform to market perform at bmo capital. the analysts there backing aivy from neg stances he's had on the stock for the past year, saying that many of the h obstacle previously cited are now priced in. price target was raised to$79. the stock wasp cents to $79.72 today. and dropboxthich recently w public was started with a reduced rating by nahmura instanet. the company cited the low rate of converting users into paid subscribers. the price target is now $21. the stock closed the day down 9% at $30 even. for till ahead, looking stocks that could benefit from a stronger consumer and a growing economy? well, our market monitor has the list of some namescoming up. >>> president trump has recorderedrecorder -- ordered a review of the postal service. f the ued a review system. the agency reported a net loss of $2.7 billion in fiscal year 2017. te president did not mention amazon int order, but, of h course,has been vocal about how much the postal service l e loses onam eacon package that it delivers. >>> mixed signals from fed y.

i know everybody hates eli lilly, except for me i like what they are doing let's go to andrew in virginia>> booyah. >> caller: thank you for all you do for us. >> you're quite welcome. >> caller: my stock is kkr >> i know the distribution is up and down but you know what is not up and down is henry kravis who runs that one as long as he is at the helm, i am a buyer i have respected him for generations. kkr, safe with me and that is the conclusion of the "lightning round" >> announcer: lightning round is sponsored by td ameritrade really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade. the largest energy drains on your electricity bill? so, hang your clothes out to dry. you'll save money and the environment, and protect your fabric, too. your future is on the line. >>> every now and then someone calls

i can't count on this portfolio -- i have said no to portfolio, j and j, eli lillys and bristol myersey leave you way too exposed to risk. having an undiversified portfolio is not just that is the nature of the beast. a hedge fund manager who does that and gets lucky can market himself as a huge success. get profiled from every magazine here is the bottom line. whether you are an amateur or professional, you need to do your homework and keep your portfolio diversified. this is the routine textbook stuff that keeps you from monster losses down the line mike in south carolina >> caller: hey, jim, i was wondering from a new investor, say investing $100,000, how much stock should be in my portfolio? >> after ten, you are kind of a mutual fund. now if you are a real stock junkie, like i am, you can take on more, but ten is the maximum that people can do don't do more than that because you won't be able to do the homework roberto from texas. >> caller: i just had a question about, because i am a new investor i am 29. and i have a small amount. $1,500 and i am wondering how i should invest i

outpacing beverage sales as well a downgrade on starbucks, reduce on dropbox, but more bullish view on eli lillyarly stock calls >>> today's top trending stories. kate rogers is back with those >> uber is continuing to update its app in an effort to keep riders safe when using its service. the newest feature allows riders to notify five trusted contacts about your rides there is also a 911 button that will notify police with your realtime location when pressed don't miss jeh johnson at 7:40 a.m. on "squawk box." >>> a proeviously unpublished novel by j.r. tolkien will be released it's a prequel to the lord of the ring series. this is the first time it will be released as a stand-alone text. >>> taco bell is testing out a new addition to its breakfast menu a french toast chalupa, filled with sausage, bacon and egg. during the testing it's available only in ohio. >>> and heinz brand is causing an uproar on twitter, while users can't tell if it's a dream come true or disgusting. it's called mayochup, a blend of mayo and ketchup right now it's only available in the middle east. i don't know about th

disease control and prevention that accept large gifts from groups like pharmaceutical companies and eli lilly and people like that and the gates foundation and paul allen foundation and they were able to spend a lot of money on things that were needed really quick. there were moments when someone would make a request for funding for a new computer system or a training for people that would knock on doors around specific city morning and they would have their money by the afternoon and it was really revolutionizing the way people responded to this outbreak. the allen-- paul allen was asked to give a large chunk of change to fund a big emergency operation center in one of the three countries that was impacted most by the ebola outbreak and he said no, he would not do that that he would find all three. ran over by about $3 million and he apologized profusely and said you can still build two of them he said no, i will build all three and he wrote the extra check. mark zuckerberg a money, possibly earn from cambridge analytica. [laughter] too soon? too soon. it went to buy 206 toyota pickups that

. >> okay, there we go bmo, no longer bearish on eli lilly. they upgraded to a market perform.y did increase the price target to $79. john, what do you think? >> they have missed it from $75 to $79, so that's where they took their price, i believe, too, from $74 up to $79. so if you have been following them and they have been wrong, then i imagine you're taking profits here >> alaska air, actually leading the s&p 500 today. jim, you own it. congrats >> thanks. it's a relatively new name the transports have underperformed, the airlines have underperforms the transports there's opportunity there. alaska is particularly a good opportunity because of the merger they're going through with virgin america, which is almost complete. once it's complete, they go from this western carrier to a trance continental carrier. there's a lot to like here >> also, broadcom shares higher after announcing a $12 billion buyback program. jeff >> this is superexciting you want to talk unusual activity a buyback of $12 million, that equates to 48 million shares super exciting for the stock, even more e

care more about profit than the people the american diabetes association may have millions from eli lillyut they've repeatedly raised prices on its best selling insulins when the medicines have been out for you know they've been around for decades a patient group has no incentive to call out eli lilly or any pharma company when their cash flow is the life blood of the all right i know but either we take their cash or the obstructionist as continue our bake sales of laxatives treats like diarrhea has been lax cooking. i've even brought you some. yes. but no one is buying me right you'd be surprised how well lax cookies sell at high school across games when you lie about the ingredients. we get paid and increase their odds of being on sports center. just this not in a way they intended. i know you've got more to talk about but i got to go through that he. really was even though i seemed rachel maddow earlier in the show if i forcing you to watch her speak we are not done with m s n b c they're becoming more and more right wing every single day for more on this let's go to redacted correspon