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Apr 15, 2014
04/14
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KICU
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the court ruled medtronic's "corevalve" infringed on rival... edward lifesciences' "transcatheter" heart valve patents. edwards lifescience stock--- shot up 11%. medtronic will be given 7 days to appeal before the halt begins. lexicon pharma gets a boost. the company's stock spiked as much as 25% yesterday before closing down 3%. that's after an experimental type one diabetes drug reduced patients' need for insulin at meal times. the drug delays glucose absorbtion in the digestive tract. patients saw insulin intake drop by 32% versus 6% from patients who'd been given a placebo. fedex is the center of an investigation following a collision between one of its trucks and a bus carry high school students. 10 people were killed april 10th in california in the fiery crash. 2 federal agencies are investigating. the fed ex vehicle pulling twin tractors crossed the interstate median. the ceo of fedex says the company is "committed to providing every resource necessary to assist investigators." t-mobile is upping the ante on its competitors, sprint, veriz
the court ruled medtronic's "corevalve" infringed on rival... edward lifesciences' "transcatheter" heart valve patents. edwards lifescience stock--- shot up 11%. medtronic will be given 7 days to appeal before the halt begins. lexicon pharma gets a boost. the company's stock spiked as much as 25% yesterday before closing down 3%. that's after an experimental type one diabetes drug reduced patients' need for insulin at meal times. the drug delays glucose absorbtion in the...
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Apr 15, 2014
04/14
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KQED
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medtron fell. >>> goodrich petroleum surged on news it drilled it's successful well. that bolstered confidence in the field and production potential of that area which spans parts of louisiana and mississippi. the stock rose more than 30% to $23.96. >>> and twitter's ceo said they have no plans to sell any of their company shares. the reason is twitter debuted at $26, jumped to more than $74 in less than two months but has pulled back sharply. shares closed today at $40.87. >>> the harsh winter weather took a toll nings's farmland and this evening in a new government report we get a first look at the damage that was done and how much of it impacted it may have on the spring planting. we have the details and what it may mean for the price of food. >> reporter: by all accounts it was a brutal winter even though the weather may be looking up that doesn't mean the damage hasn't been done for farmers. last week the usda revised and tightened its crop estimates for last year and today it said the 2014 planting pace for corn was 3% that's in line with analysts expectations b
medtron fell. >>> goodrich petroleum surged on news it drilled it's successful well. that bolstered confidence in the field and production potential of that area which spans parts of louisiana and mississippi. the stock rose more than 30% to $23.96. >>> and twitter's ceo said they have no plans to sell any of their company shares. the reason is twitter debuted at $26, jumped to more than $74 in less than two months but has pulled back sharply. shares closed today at $40.87....
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Apr 14, 2014
04/14
by
BLOOMBERG
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edwards getting a big boost in medtronic trading lower.inally, herbalife talking about people told us the fbi looking into the company's is this practice. we saw a big slump in shares friday. you see that in your chart in the middle. they are actually coming back today, up i four percent. unclear whether investors are taking this seriously that there will be a dramatic negative outcome for the company as a result of this. >> thank you. ,ime now for the big story violence escalating in the ukraine. the u.n. held in emergency meeting at russia's request after protests erupted. situated about 150 miles from the russian frontier. stormedian secretaries the building, fired on troops and ignored a deadline to vacate earlier today. as the tension spreads, concern mounts that vladimir putin may seek to seize more territory. jack lew said today we're prepared to slap or sanctions on russia. to myade it clear counterparts, including the russian finance minister that the united states will continue to put pressure on russia for the illegal and illegi
edwards getting a big boost in medtronic trading lower.inally, herbalife talking about people told us the fbi looking into the company's is this practice. we saw a big slump in shares friday. you see that in your chart in the middle. they are actually coming back today, up i four percent. unclear whether investors are taking this seriously that there will be a dramatic negative outcome for the company as a result of this. >> thank you. ,ime now for the big story violence escalating in the...
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Apr 7, 2014
04/14
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CSPAN
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the extinction of the floor trader and the takeover of these isa medtronic robots, there an inevitability. it is more efficient to match an orders with computers. this is the same way that people rely on internet communication much more than they do the u.s. postal service right now or telegrams. stuff was going to go away he for we had high-frequency trading. having said that, there is something like a flash crash. it puts in sharp relief how important it is to have human eyes and ears there. , youthe system is down need to have human beings be able to go out and exercise judgment and put a halt on the orders. we should use our eyes and ears to sense what is going wrong and disable that and get trading done in an efficient way. that is why you're never going to see the full end of the floor trader. you are going to see computerization of trading happened. it has happened the world over. it made it possible for us to sell and buy shares after-hours on overseas exchanges. there is always going to be a need for a human touch. they will never fully put those guys out of business. is thehe re
the extinction of the floor trader and the takeover of these isa medtronic robots, there an inevitability. it is more efficient to match an orders with computers. this is the same way that people rely on internet communication much more than they do the u.s. postal service right now or telegrams. stuff was going to go away he for we had high-frequency trading. having said that, there is something like a flash crash. it puts in sharp relief how important it is to have human eyes and ears there....
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it takes off the shelf technology, which medtronic has developed to simulate the surface of the spinal column. those these patients who are severely injured with spinal cord injury are implanted with spinal stimulation electrodes and these electrodes send signals to move the legs. gerri: people are moving their legs. they are wiggling their toes. people who thought they would never have hope for doing that will these people walk again? >> well, of course that is the ultimate goal. but please remember, that this is the first step in a very long research study which we at the national institutes of health and in particular, my institute, the national institute of biomedical imaging and bio engineering funded. so this is a first step translating decades of fundamental basic neuroscience research to the clinic and to humans. gerri: interesting. so, essentially what happens, and keeping in mind here, there are some 23,000 people with spinal cord injuries in the u.s. but in this research, what you're doing is essentially implanting a box, in people's backs. now, would they essentially wear t
it takes off the shelf technology, which medtronic has developed to simulate the surface of the spinal column. those these patients who are severely injured with spinal cord injury are implanted with spinal stimulation electrodes and these electrodes send signals to move the legs. gerri: people are moving their legs. they are wiggling their toes. people who thought they would never have hope for doing that will these people walk again? >> well, of course that is the ultimate goal. but...
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Apr 14, 2014
04/14
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CNBC
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as for medtronics, you see that it one product in fringes, back over to you. fears of a market correction, they were all the talk last week. gentlemen, welcome. we could be ripe for a 5% to 10% correction, maybe over the next couple weeks. you're not ready to buy. talk to me a bit about that and why you would buy financial technologies and industrials when the moment is right? >> first we have to wait for the market to actually pull in a bit. i think it's going to be, once we get through the hard earnings season, the market rarely turns on a dime here. i think that's what we're seeing a bit today. you're seeing a better economic report, a better rob out of citigroup. i think once we get through the heart of earnings season, we hearing some of the corporations talk about their guidance going forward, then i think it will be time to buy, looking out for the rest of this year, you'll see capital expenditures starting to increase. >> so today, bob, is it just a breather in that pulling in? last week sure felt like a lot of pulling in. >> it's not going to go strai
as for medtronics, you see that it one product in fringes, back over to you. fears of a market correction, they were all the talk last week. gentlemen, welcome. we could be ripe for a 5% to 10% correction, maybe over the next couple weeks. you're not ready to buy. talk to me a bit about that and why you would buy financial technologies and industrials when the moment is right? >> first we have to wait for the market to actually pull in a bit. i think it's going to be, once we get through...
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so we get that we had bill george, former medtronic ceo and harvard business previous professor who looksship. he is a big fan of satya's, but he said the board may very well be a problem because ballmer is still on the board, the man who he replaced. >> right. liz: i mean, how do you get the board out of the way so that you can then lead this company back to cool? >> i think that's a big challenge. it's a big question that they face. i think satya is a charismatic guy. people love working with satya. i think the board and steve and bill saw something very special in satya so that they named him ceo. and their job as a board is to do everything they can to help support satya, give him advice and counsel but allow him to do the job. and i think being off to a good start only helps satya's cause to have the board be supportive. david: let's talk about one of the leaders of one of the division that is will be important in this change and that is satya's hiring of nokia's chief steven elop to build the devices group. >> that's right. david: talk about the significance of that move? >> i think
so we get that we had bill george, former medtronic ceo and harvard business previous professor who looksship. he is a big fan of satya's, but he said the board may very well be a problem because ballmer is still on the board, the man who he replaced. >> right. liz: i mean, how do you get the board out of the way so that you can then lead this company back to cool? >> i think that's a big challenge. it's a big question that they face. i think satya is a charismatic guy. people love...
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68
Apr 6, 2014
04/14
by
CSPAN
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eye 68
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the extinction of the floor trader and the takeover of these on a medtronic robots, there is an inevitability. it is more efficient to match an ocean of orders with computers. this is the same way that people rely on internet communication much more than they do the u.s. postal service right now or telegrams. a lot of the stuff was going to go away he for we had high-frequency trading. having said that, there is something like a flash crash. it puts in sharp relief how important it is to have human eyes and ears there. when the system is down, you need to have human beings be able to go out and exercise judgment and put a halt on the orders. we should use our eyes and ears to sense what is going wrong and disable that and get trading done in an efficient way. that is why you're never going to see the full end of the floor trader. you are going to see computerization of trading happened. it has happened the world over. it made it possible for us to sell and buy shares after-hours on overseas exchanges. there is always going to be a need for a human touch. they will never fully put those guys o
the extinction of the floor trader and the takeover of these on a medtronic robots, there is an inevitability. it is more efficient to match an ocean of orders with computers. this is the same way that people rely on internet communication much more than they do the u.s. postal service right now or telegrams. a lot of the stuff was going to go away he for we had high-frequency trading. having said that, there is something like a flash crash. it puts in sharp relief how important it is to have...
114
114
Apr 23, 2014
04/14
by
CNBC
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eye 114
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medtronics, heart, auto, health care, and the reason i think it's important because people are goingo take their cue from this for apple tonight. be careful. apple is cell phone primarily, smartphone. that's going to be the driver. sky works has moved from smartphone and tablet. arm holdings last night which is much more apple related disappointed. this what is people are going to take their cue from. this is why apple could be down in trading today. >> skyworks should not be a read on some of that into that framework. >> what aldrich did was say i have to be in connectivity. you will hear that term more and more. skyworks is an internet of all things play. i'm impressed with the way aldrich, dividend, buyback, but not just cell phone and that's what's really important here, david. >> stock up 100% over the last year. >> the guy is -- there's -- they're taking share. if you crack open your cell phone, don't do that, or almost any other device you will see a skyworks. this company has no debt. it is doing everything right. a lot of people are shorting it because they feel it's moved u
medtronics, heart, auto, health care, and the reason i think it's important because people are goingo take their cue from this for apple tonight. be careful. apple is cell phone primarily, smartphone. that's going to be the driver. sky works has moved from smartphone and tablet. arm holdings last night which is much more apple related disappointed. this what is people are going to take their cue from. this is why apple could be down in trading today. >> skyworks should not be a read on...