the murder of cliff and alma merck moved quietly into the unsuccessfuled file.en years later, jim kristofferson was promoted to homicide detective, but he never forgot the murder of cliff and alma merck. >> the case had always bothered me mainly because of the circumstances, the way they were murdered. and just knowing that there was that element out there still walking the streets, that hopefully hadn't done more killings. >> after a decade, the trail of the killer had turned cold. christopherson knew he needed forensic evidence to have any chance of solving the case. i make a lot of purchases for my business. and i get a lot in return with ink plus from chase like 60,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can choose how to redeem my points. travel, gift cards even cash back. and my rewards points won't expire. so you can make owning business even more rewarding. ink from chase. so you can. the numbers are impres

bayer announcing a new deal with merck worth more than $14 billion. shares of merck falling more than 2.5% today but roughly half a trajectory dollars worth of deals in the works this year alone. time to whoop it up or hunker down? to charlie and melissa. >> i mean normally when you see a deal it's the sign of a stronger economy, they're willing to part with cash, acquire someone else but you have to drill down on the details. you look at bayer and merck, this could have been about paying less taxes. merck moved to by domiciled we bayer in germany, 10% less tax liability. an incredible profit right out of the gate. so you have to look into each deal. >> charlie. >> all deals when you combine two companies they look for economies of scale and tacks are clearly part of that. i've been covering m & a for a long time. i know right before -- >> that's mergers and

merck were the biggest decliners off 2.5%. we spoke with the drug maker about this latest deal and what's next for the company. >> reporter: merck today is announcing it's selling its consumer over the counter health products business to buyers. we talked with the ceo, ken fraser, at analyst day in boston. he told us this is a part of the repositioning of merck's business to focus on an area where it can be a leader and reshaping isn't done and it could potentially see more. >> we are going to look for the best growth opportunities within that portfolio. i wouldn't sigh we are finished. we will continue to create value, that to buy things that will make sense at a value-creating opportunity, to sell things that we don't feel are core and, of course, to keep obvious certain things. >> reporter: he highlighted pipeline opportunities in areas like cancer, hepatitis c, hiv, diabetes and alzheimer's. we also talked about u.s. competent tax policy. this, of course, against the backdrop of pfizer's offer for astrozenica. it said it w

merck shares fell 2% in trading yesterday. office depot will close at least 400 stores -- a quarter of its outlets. the company states after merging with office max last year there was an overlap of retail locations. the office supply chain has also suffers as shoppers buy more supplies on-line and at bulk retailers. office depot reported earnings tuesday that exceed estimates and backed its full year forecast sending shares 16% higher. also turning in earnings. a-i-g. shares fell 4% as the insurance giant reported a decline in operating income for the first quarter-- as catastrophe losses rose. and chipamaker nvdia sold more graphics cards for computers and gaming consoles than analysts expected. but its stock fell two-percent. analysts attribute that to due to the lack of a forecast for the current quarter.earning fell 7.1%. full results tomorrow. drivers who own a g-m car

now they are and merck -- buyer and merck -- bayer and merck, if you look at their stock, it is prettyh unchanged this morning. investors may be waiting for a little more certainty on what that final price tag is going to be. we expect it to be 14 billion. this is basically an asset swap. they will be cached components, assets. we will see if bayer gets the consumer products division. those things will go to them. merck will get potentially the animal services, the animal aalth, become more of pharmaceutical and r&d company. that is the trade-off. synergies on both sides, looks like this deal is all but done. we're just waiting for the final terms and then the announcement. >> hands, thank you very much. manus cranny's in the studio with the bigger of the two pharmaceutical deals we're talking about. break -- as we had investor about confidence, one of the key issues. in an exclusive interview, we will share his comments with you next. you can follow me on twitter. we will take a short break airing "on the move." right now, 8:26 in london. welcome back to "on the move." i'm anna edward

merck is strong there. we're strong there. we're putting our capabilities together and that is the second part of this transaction that we will be able to negotiate con currently. >> this is about 21 times ebitda. >> and that is obviously a significant price. however, as i said, lots of synergies first of all. and secondly, these businesses have tremendous consumer loyalty. if i think about our open aspirin, bayer aspirin, a product we've been selling over 100 years now and a product like claritin and coppertone, those products create loyalty and provide consistent income and cash stream. >> when will this deal be profitable for you and what does it mean for employment in the united states? >> well, we think that there is a very, very good complimentary match in cape abilitiecapabilit. merck has a good presence there in new jersey. actually our headquarters of health care is also in new jersey. so we will bring these teams together and we expect very minimum consequences for employment. >> being a german company, there are lot

. >> merck has reported the sale of its consumer unit to bayer of germany. point $2 is 14 billion. >> richer than expected. >> merck will update its guidance. this collaboration includes a $1 billion upfront payment to bear. terck will make an upfron payment to bayer. >> there have been a couple of different vendors. you have to wonder what some of them just hold out. this is why hate pharmaceutical deals. i cannot pronounce anything. coppertone and claritin. >> that is with the businesses. expects a boost of eight to $9 billion. bayer will go after hawaiian tropic -- you remember when you use to put coconut butter. >> of people would put on all of oil because they want to be tan. lp, put foil on it. >> this was an entire semester of school. >> we will keep an eye on this developing news. merck wants to sell its consumer care unit to bayer. will beof bayer joining us to discuss this. experience american for a european. alstom. trying to buy >> back and forth across the pond. when scour the newspapers in europe. here is scarlet fu with the front page. >> we h

and merck.ading animal health for the consumer health unit at merck. it got too expensive, here's a quote from the ceo of reckitt, "we are a highly disciplined acquirer with strict metrics." it is like you are in a bizarre and you are negotiating for something and you walk away. makes it more likely that the bayer-merck swap will go through, bayer gets consumer health aspects. they have claritin, coppertone. it will allow bayer to be more tightly focused in their core strengths, consumer health. and not the animal aspect. >> yeah. 's one of theiser biggest mergers anyway. walk me through the merck-bayer relationship, what is it going to look like? >> this is not a done deal. they are just now, bayer is the front runner for this. you would be trading assets. has strengths in the consumer health unit. less so in the health unit. they would swap it over. merck would get that and you have companies that are more focused. that has been the story taking place in all these pharmaceutical asset swaps, m

bayer buying a merck division.ery strong position in other countries across the world, reticular me in emerging markets and in europe, so we will take the brands and bring them to other geographies, and with that, we will create a lot of revenues. >> with more on this story, we are now joined by cristina alesci. what does this say about the people in the industry now? >> all of these countries are trying to find a way to survive in a world where they are not selling the one block after drug, like viagra or lipitor. -- one blockbuster drug, like viagra or lipitor. focus on what it is really good at and sell the assets it e, for,rs non-cor example, this unit that we have seen them sell to bayer. also, they have announced they are going to cut about 1800 people to save $1 billion, and this deal will give more about eight dollars billion, $9 billion in proceeds. what are they going to do with all of that money? they are going to focus on higher margin drugs. the head of r&d says they are going to go into biotechnology

it could away the -- be quite interesting to mark. -- merck. being looked at. >> why would merck be interested in a by offer? >> -- buy offer? >> it would help them deal with two problems in one go. it is easier to do it this way. there are a lot of assets around. but both companies get what they want. the biggest animal health company in terms of sales. yer'sombination of batye animal health business and mark's. -- merck's. >> he was saying you have to be 12 or three in the field. it is that a driver behind all of this? >> is one of the issues. flagship hard, they have lots of great products. it one is a big driver of growth. they lost a contract with the u.s. payer. there has been a lot of pressure on pricing. you need to have a big bag of products to be able to negotiate good positions. that is one of the drivers. >> thanks, sam. sam, thank you very much. we will hear from francine lacqua. the exclusive interview with the italian finance manager -- minister. >> plus flying can be stressful for people. what about helping your pet coping with

they are buying merck's consumer unit. claritin, you might know that one, as well as coppertone. delta airlines will be returning more money to shareholders as they boost their dividend by 50% and authorize a stock buyback of the shares that have more than doubled in the past year. a rare online win for walmart against amazon. their online sales grew 30% last amazonmpared to 20% for according to the trade publication internet retailer, but amazon fell -- sold seven times more online than walmart, just to put it into perspective. >> coming up, the top hedge fund managers. wait until you hear how much david pepper made. we will be back with more. stay with us. ♪ back to "market makers." credit suisse is close to solving an investigation determining whether they help americans evade taxes. a guilty plea could bring a penalty of more than one billion bucks. yesterday eric holder said the justice department would show that banks are not too big to prosecute. i want to bring in our bloomberg finance reporter. help us to make sen

germany's buyer acquiring merck's consumer business.he president of france throws a wrench or tries to in ge's plan to try to buy alstom. can hollande convince ge to sweeten the offer? >> apple trading above 600 since 2012, push for upgrades, new products incoming, are we in for a sweet spot for apple shares? >> a crucial morts for general moto motors. another engineer exits. jim says now is the time to buy. >> it has been a long road for shares of apple. the stock closele above the $600 mark since october of 2012, comes two weeks after apple announced the seven for one stock split, better than expected numbers and expansion of the buyback program from $60 billion to $90 billion. the low, 388. the high 702. closer to the 702 at 600. >> i think that tim cook listed on to carl icahn, he listed on to a lot of things a lot of people were saying and distilled it and recognized it's not just the buyback. it's the opportunistic, that's the word he uses, opportunistic buybacks. you see a lot of stupid buybacks. when there's a lot of supply, the

merck wants to be in therapeutics. everybody is finding their own niche.y're spinning it off, when you look at what pfizer has been up to. >> pfizer's recent quarter was disappointing. sam isley yesterday called them out. he's an owner of the stock but still -- >> yeah, and i have to tell you something, it's one of the stocks i own, as well. of all the stocks i own in the pharmaceutical space, that's the one that's the most disappointing. bristol looks great, lily looks great, merck looks great. >> stocks are in jeopardy of doing something they've rarely done something this year, closed lower on a tuesday. it's only happened twice so far. so could super tuesday be a new 2014 trend, or is it just a coincidence? paul hickey crunched the data and joins us from stamford, connecticut. welcome back. >> thank you. >> what about this tuesday phenomenon? >> as interesting as it is, and you can come up with all sorts of conjecture, it's more coincidence than anything. interestingly enough, last year at this time, tuesday was also the strongest day of the year, and t

earlier this week, reports that merck was pursuing another sale.n wednesday, it was said they were no longer in the running to buy merck's consumer health care business. >>> alibaba is reportedly in talks with its major shareholders about buying back a stake in its fast growing online payment business, alipay. it estimates to handle half of china's online payments. even if a deal is reached, it's not likely to take effect until after alibaba's ipo. reports say the company could now file its ipo paperwork sometime next week. >>> and box, is boxing up its ipo plans for now. the online storage company is delaying its planned offering until at least june, amidst weak demand. they are eligible to list as early as april. investors are soured on cloud companies, an undevbessemer has8 million in market cap in the last two months. >>> protesters have taken to the streets around the world today. for may day labor rallies. these pictures from athens, may day is now the biggest labor holiday in the world. many are gathering to protest against harsh austerity m

have details on meyer talks with merck.he importance of -- we spoke us was a plea to the south african finance minister and he spoke about the importance of entrepreneurship. >> we need to increase the support, mentor in, incubation of on-chip ownership and small businesses. ownership andrial small businesses. we have to increase the scale at which it is happening in order to make your games. >> fendi opened its flagship london's bond street. we caught up with the chief executive of the italian luxury fashion house about what the store means for the brand. >> this is for us a major brand statement. we are very happy about this opening and i think that fendi as luxury in london, one of the coolest cities in the world. the launch of the new bond street store. we will be bringing you more with the conversation in this onkend's 30 minute special the luxury company. that is "insight fendi." raise its bidto four astrazeneca to more than $100 billion. after zeneca stock hit a high yesterday. we have been looking into the details.

it could be a big day for merck. on the future of one of the company's well-known drugs. the details, one person has it all for us, bertha is at cnbc hq in the states. >> we've seen a lot of allergy medication go over the counter which was once prescription. today an fda advisory panel is expected to weather to vote if they will approve singulair for an over-the-counter allergy medication. it came off patent protection in 2012 and contributes just a fraction of what it used to. an over-the-counter version may generate between 500 million and $1 billion in annual revenue. that would have no patent expiration at all. however, the fda has expressed some concerns over singulair's safety in an over-the-counter setting which is less regulated. but if it is approved, singulair could become a big asset for merck's consumer health care business, which the company has put up for sale and includes other allergy medication such as claritin. reports say germany's buyer is closing in on a deal to buy the unit for about $14 billion

that is what mark is doing. -- that is what merck is doing. and they are trying to buy into other areas. they are saying let's get more into over-the-counter. this deal actually tells us something about valuations going forward. if you look at how much bayer paid for this unit, it is double of own value in terms multiple cash flow. thered of indicates maybe is a hint of desperation to get the deal done now and with this deal, we had a bunch of bidders that were interested. santa fee was in there. when they first toured in marketing, everybody thought it would go for $10 billion. today we are at 14.2. inmerck was less interested how much cash they can get. it was a big deal bayer was willing to develop and market some drugs with them. so the could of salt more cash more cash orsought a deal. cash was not the issue. >> let's hear more from the ceo. that is the bayer, correct pronunciation. here is what he had to say in terms of his company and how merck will help bayer. or granitegood growth, we have a record first quarter. it is not that we nee

they are said to be in exclusive talks for merck's consumer unit.o pay $14 billion for the merck division. -- bayer. if we could see a deal within days. we will continue to follow that story and bring you more development as soon as we get them. and we return, elon musk scores a big win in his fight to break up a monopoly on national security space launches. we continue in just a moment. ♪ >> liftoff. >> >> elon musk opportunity is showing results. spacex is one temporary order blocking the u.s. airport from fighting russian units. it looks as though playing the russian card worked out. >> certainly does. just about 48 hours after they filed a complaint in federal claims court, judge answered wait wednesday and issued a preliminary injunction blocking the air force run by eating anymore russian-made rocket engines after considering " public interest, national defense and security concerns." ula, a joint venture's uses rd rocket engines in it at list five rocket. controlled by none other than on theprime minister u.s. sanctions list. brought to light

bayer is going to buy merck. the two sides are still ironing out the details.orts a deal is likely to be announced in the next couple of days. we will have more in 30 minutes. ♪ all come back to the second half-hour of "bottom line." i'm mark crumpton. thank you for staying with us. you turn our focus to public pension plans. durban institute analyzed and rated 660 a look pension plans and found that many offer little retirement security for the nations 19 million government workers. richard johnson is the urban s director of policy. thank you for your time today. how did you come up with the results for your findings? what information was omitted your database? >> we went and collected lots of detail oriented information on these plans and financial information. all of this is publicly available data. >> your analyze asian found ation foundalyz what? look at how to these plans are doing and how they are serving workers. benefits inivering the most efficient and equitable way? one of the things we found was at work for long-term employees, portrait from employe

bayer is one step closer to winning work's-- merck's consumer business.ording to people familiar with the negotiations, merck may fetch more than $14 billion for the sale. in the second federal reserve meeting under new chairs janet yellen, the senate -- the central bank voted to keep trimming the asset purchases. theultiple probably hit snooze button yesterday around about the time the fed decision came out. -- most people probably hit the snooze button. no press conference. another taper of $10 billion trade nobody changes to the statement despite the dismal gdp number yesterday. they are overlooking the first quarter. they are chirping the weakness to weather and looking for a strong rebound this quarter -- they are attributing the weakness to whether. -- to weather. it is tomorrow's labor market data and focus. >> letter we expecting for the next meeting? -- what are we expecting for the next meeting? >> it would also have forecast. i am looking at the staffing issue at the federal reserve. it is meant to have seven governors. right now it has four. a

bayer is in exclusive talks to buy merck's consumer business. morning, everybody. you are watching "the pulse." i'm guy johnson. >> and i am francine lacqua. coming up, a bloomberg exclusive. we speak with the south african finance minister as a nation sets to go to the holes. >> the army in ukraine has become an operation to retake ovyansk. pressure is reporting that two helicopters have been shut down and one pilot killed. down and oneshot pilot killed. heather, can you give us the latest on the situation, vis-a-vis the offensive? day.re protests on labor the situation here has become increasingly tense, as you mentioned. there was an antiterrorist operation by ukrainian forces to slovyansk. we have had two statements, one from the interior ministry saying this operation started about 4:30 a.m. today. they have circled the town, taking control of nine roadblocks as interior minister and the head of the national guard and the defense minister are on the spot there. they are demanding the release of hostages as of yesterday. they have released two, but there are st

melissa: melissa frances with your fox business brief, merck selling its consumer business for $14 billiona spoke with the ceo on fox business about what they are focusing on next. >> what is exciting at merck is what is coming through the pipeline, and focus on that pipeline growth. melissa: another day of a gm recall the automaker won 60,000 saturn cars to be returned, this time a problem with the gear shift which has caused 28 crashes and four injuries and directv reported a drop in first quarter profit around 19%. that is just 12,000 u.s. subscribers down from 21,000 the year before. that is a latest from the fox business network giving you the power to prosper. peace of mind is important when you're running a successful business. so we provide it services you can rely on. with centurylink as your trusted it partner, you'll experience reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next. melissa: ov

it's trading at a 12.5 times 2015 earnings relative to what you're seeing in merck and mmj and ebelievement will do a great job unlocking value. a lot of value in the global established business. okay? a lot of value in the gip business. then the vaccines, the oncology and consumer end of it. the pavel drug, surprised the market filing for fda approval phase two much faster with that breast cancer drug. an approval on q2, way ahead of competitors, gavel down. your turn? >> lose abouts 12ds billion in their sales from generic competition between now and 2018. that's a big hole they have to fill. but more importantly, to me, i'm confused. confused about what they want to be. first they said they're going to separate into three businesses, and wanted to become smaller so we can all highlight each of their separate businesses. i get it. then they surprise everybody out the blue and make $100 billion acquisition for a company that's growing below the industry piers. for 30% premium initially. that confuses me. >> tax savings. >> but speaks to the pipeline concerns they had. lipitor going gen

merck, exxon and mastercard came in ahead. sales rose by 8% to a rate of more than 16 million vehicles. gm was up 7%. ford was down 1%. chrysler was up by 14% and toyota, up by 13%. one of the big themes here at the shareholders meeting is always value investing. looking for equities that trade below their value. joining us now are two of the best known value investors out there. mario gabelli and david winters, wintergreen advisers ceo and gentlemen, thank you both for joining us. >> great to be here. >> quickly, some broad thoughts on the market and economy. we did get jobs numbers that showed conflicts signals and mario, i just wonder when you add that up, what does it tell you about the market? >> i think the market is adjusting to the prospects that yellin will at some point, accelerate the tightening of the monetary supply and hopefully, hopefully, we get after the election in november, the fiscal dynamics in place. >> we also heard from janet yellin this week, david. she's talking about another tapering of $10 billion a

verizon, merck, intel-- these are the dogs of the dow, and they've all done very well. i want to caution investors you've gotta take a look at the 10 year treasury which yesterday touched 2 and a half percent and that's very very low so what my concern is that investors are piling out of growth that they liked last year and back into defensive dividend stuff that they're not taking a look at that 10 year and if the winds change a little bit and rates rise, they might be a little disappointed with playing it too safe in too big of dividends. > > what should they do here? > > take a balanced approach. you have to be very careful-- remember the stock market's expected return is 79%. if you reach too high and yield, the company is really just paying out investors with borrowed money and is not in a sense making money and paying out dividends of profits. so one of the dogs of the dow that i really like is mcdonald's that pays close to 3 1/2% but has unquestioned profitability and not a lot of debt on its balance sheet like an at&t paying out bigger dividend. another thing yo

." >> merck's middle class is just getting hammered. and part of the reason for that is that there is a real tilt in

the study didn't meet the growing progression of the disease, and merck fell. cbs care mart saw the numbers jump, as generic drugs and acquisitions helped the drug store chain. earnings did fall short of expectations but cvs reaffirmed the shares to finish there. >>> and rubber maid profits fell in most of its units, especially the baby business was hit by a product recall earlier this year. the consumer product's maker reas firmed the full-year forecast, upping the dividend to 17 cents a share, still the stock was off about 4%, $28.88 is where it ended the day. >>> and skechers thinking of buying a stake. donald sterling was banned after making racist remarks, the league is putting plans in motion to try to get sterling to sell the team. shares of skechers fell to $39.93. >>> and warren buffets berkshire seeing the first quarter profit dipping 6% to $3 and a half billion slightly below estimates. but the company did a little shopping today nonetheless with the energy unit buying the canadian utility alpha link. the transmission company will still be based in a

now one of the drugs including astrazeneca, merck and roche, you saw some of that last night. another big theme this year is one we've seen over the last year and that is in blood cancer. some of these drugs are moving to chronic leukemia, a big new advance there. finally, i think there will be a lot of discussions around drug prices. of course this is not therapy. but this has been a huge and growing issue as some of the new cancer drugs get very expensive. >> so i understand, meg, there are a lot of studies that come out just before the meeting. what can you tell us about what invest investors as well as consumers can expect to hear from all of that? >> yeah, big data drop, with more than 5,000 studies coming out of the meeting in advance. of course you are seeing a lot of stocks move todd as investors react to that move. now, bristol meyers is interesting, one of the leaders in oncology, bristol myers and lung therapy, the stock fell today. and early stage trial from a company called insight, that stock also down today. but that was a very, very small study. only in eight p

merck shares have rallied this year into the fda decision... the fcc thinks twice about net neutrality.new language out of the chairman's office comes after a considerable outcry over a proposal put forth last month. the original language proposed changes that would essentially allow the internet to be divided into a fast lane for content companies willing to pay for it and a slow lane for the rest. the new draft includes language about the f-c-c scrutinizing deals to insure that non-paying companies will not be at a disadvantage. a quick check of the latest round of earnings points to postive signs for the economy. around 453 companies in the s&p have reported results. according to bloomberg news. 76% turned in profits that topped analyst estimates. based on corporate projections-- profits are expected to rise 7.2% this year. walmart's banks are under fire for fee collection. according to the wall street journal ,banks under walmart's umbrella of services are some of the biggest collectors of fees in the country. out of 67-hundred banks in the

book was an based company is interested in buying business parts from the u s pharmaceutical company merck and on the one hand there is no compact a dinky air and on the other hand. of course merlot is interested in selling these units. but in the adult ed by ash hansen went down slightly this friday trading one reason for that. if the market in general which went down. can you tell that to which it deemed better than expected but the best this nokia that the era of easy money in the end of the year than expected. the most and friends to listen to the market numbers to twenty so for use tossing a way that the gemini moon is the dax to back off the sentiment a pleasant one thousand five hundred fifty sixth this on tuesday losing teeth that's been sentenced to thirty one cents in the closing number that in us trading still underway the doubt be done about fifty one cents and you are having slightly upwards of thirty nine. the south africans will place in national elections next week twenty is off the end of the contest and all the polls are suggesting that the country's governing african nat

when 638 rainout and more on a los angeles clippers on merck and now he says he's a made a terrible mistake's not every as is apparent in his first love appearance since their relentless charged scandals are indeed sterling apologizes for comment and that more lethal to the public graffito that anderson cooper and and he loves the lead and his partners and he also told cnn he feels he's entitled to one mistake after three decades as an honor. >>: am i entitled to one mistake. the man i love my illegal of my partners and my not entitled to one mistake. it's a terrible mistake and don't ever do it again trend and was trying to explain what happened why and how is our increase in the incident here. the life of the most perilous as you will find and keep on and shipped even if the leagues as a restaurant and what cannot hold as if she wants to but according to the indian and was terminated by three-fourths of all all other team owners are also terminated as well. his sermon is banned for life time fifth and on to the athletics they've been commandeered norris added a pair of free run home runs.

they are in talks to acquire merck. ayer is prepared to pay $14 billion for the business. j. new brand. they have trademarked j. crew mercantile. the wall street journal says j. crew is spending on lower-cost clothing. a two weekends ago, i bought 1952 rochester red wings baseball hat at j. crew. >> that's part of their whole thing. other brands. >> kind of retro. like retro cool. >> i look like a dork in it. >> you fit in j. crew sizes? >> we will go to angela merkel -- at the news of the day. she will meet with the president at 10:00 a.m. in washington. look for that press conference at 11:40. i would say this is the moment of the day and into the weekend. what will be the discussion point, the distinction as the chancellor meets with the president? toobama is going to try gather intelligence from angela merkel. she speaks to prudent so often -- speaks to putin so often. german is their common language. there is a sense of how far is you're willing to push on sanctions. the challenge for merkel, germany has much more exposure to the russian market than any other european co

and it is out of here and sunshine and warmer temperatures are now paying more than $14 billion for merck and that will give bear more over the counter health projects. and copper tonend -- and sun block and they are working on prescription drugs. the u.s. department of justice is close to reaching a settlement. they are accused of helping wealthy americans and now they are close to entering a fine and the banks is not comb mening at my time and they are some of the best restaurants in the country. >>> also beauty projects that are dangerous for your health and what stores are doing and the steps they are taking to get them off of the store shelves. you can either have high-end or low-price. or you can go to t.j.maxx and you can have it all for up to 50% off department store prices. t.j. maxx. most people don't know how to choose a new dentist. that's where we come in. we've helped over 8 million people find the right dentist, and we can do the same for you. call 1-800-dentist today. ♪ call 1-800-dentist today. get 5% cash back at lowe's this quarter so you can score more cash. activate y

if you look at immunotherapy, .hey are behind merck obviously, it is going to be very difficult for themreach there -- foror example. among others in which we think that the targets are ambitious, definitely. to bo deal runquist -- odile runquist. ♪ >> union group will commence construction of two hydroelectric lance that will start operating next year with investment close to 100 million dollars. the plants will generate around 27 megawatts of electric power and be linked to the national grid. ceo.ng us is union groups how important is peru to use? >> peru is growing seven percent this year. 10 years of very consistent growth. it has a huge amount of foreign reserves. 30 million people, that is going to generate good opportunities for power and power generation. >> how significant is this new hydroelectric plant in the view hydroelectric power? >> over the next three years it is going to be very significant for peru and for us as a group, because we will be developing them from scratch. we are just now starting construction, but over the next three years we will be starting one every th

merck sel selling consumer careo be bayer. twitter shares plummeted nearly 18% after early investors and employees were a lowed to sell their stakes for first time since the company's ipo. >> whole food shares lower following an earning's miss. aley baba to raise up to 20 billion in largest public offering in american history, total numbers will reach for valuation around $120 billion. >> a revolution play come to home construct new reports that a chinese company using giant 3 day printers, can make 10 houses in one day. imagine that. the university of southern california, also building a 3-d printer, which that protkaougss prodeuces abasic -- produces a e in one day. a house is being built in amsterdam right now, they say that damage is revolutionary, would make housing more affordable and cut down on the hunt reds of -- hundred of annual construct deaths, we're coming right back. stay with us. >> nba commissioner adam silver banned him for life, but clippers owner sterling appears ready to fight for his team, attorneys lis w

keep track on a couple we're watching -- merck has agreed to buy consumer unit for biggestion, the secondmer health transaction in a month of industry reshuffling. claritin and coppertone from their portfolio. offerl electric and their , not good enough according to the french president who said the deal does not protect french jobs. ge is still continuing to find a better deal. >> you are watching "lumber and west" where we focus on technology in the future of business. the last time we spoke with john mcafee was shortly after he had been deported from a prison in guatemala after fleeing belize, where authorities wanted to question him as a person of interest. now he is getting back into the tenseame with future systems and a secure messaging app called chatter. he joins us to talk about his new business and life after belize will stop thank you so much for joining us. you asked us not to disclose your location today. why is that? >> due to the residuals from belize, i continue to be gout and presents evidence of corruption. the government in belize is not happy i'm still alive and talki

. >>> they will pay more than $14 billion for merck and that will help with other products. the two will also collaborate on marketing prescription drugs. >>> for the first time in years, wal-mart has scored a win and they grew faster which ended in january, wal-mart sales jumped 30% and amazon came out ahead in actual sales numbers. and that's only 15% of amazon's total sales. >>> new details about the students who were shot and killed, the disturbing thing that happened the night before that deadly shooting. >>> the companies have already agreed to stop selling shampoos because of chemicals found in them. . >>> welcome back, the search goes on after the death of a diver who was searching for victims. officials say a member of the diving team lost consciousness and was confirmed dead, 268 died and 38 others are still missing. >>> they have agreed to stop selling shampoos that contain the inn greedian -- inn greedian coke immediate. the center for environmental health said it it is also known to cause cancer. consumers around the country will benefit. >> if they are going to

. -- a barrel. 2.6% for the yield and the business accounted for $2 billion of merck's sales last yeard twitter shares plummeted after early investors and employees were allowed to sell their stake for the first time since the ipo. whole foods sharply lower following their earnings miss and the chinese internet giant is expected to raise 20 billion in the largest public offering in american history for alley bob of. valuation is around $120 billion. the revelation to home construction a chinese company is using giant 3-d printers that make the 10 houses in one day. we imagine that the university of southern california also building a three printer that produces one house in one day and a full-size 3d printed house is being built in amsterdam right now. advocates say the technology is revolutionary to make housing more affordable and to cut down the hundreds of the annual construction deficits. we are coming right back. stay with us. >> the nba commissioner beyond him for life but sterling appears ready to fight. our attorneys are next. lou: the nba announcing the clippers president is

ake for example, bayer's purchase of merck. they could get a loan at 3% and refinance at 1.5%. if you're playing maybe a little bit more on a multiple in sales, probably one or two time what is the average would have been, you can still make it. >> in terms of technology and information technology, you say you are still overweight on that. is that on the enterprise side of the technology spectrum opposed to the consumer side? >> yes. we continue to be constructive on technology because we see companies still hoarding cash and cap excould continue the drive. that will spill over. despite we have had a little bit of a bumpy ride recently, we continue to be constructive. probably even more controversial is healthcare on our side. healthcare is labeled to be very expensive. we have looked -- we have a strategy that looks at real returns beyond accounting measures and if you look at that and you look at the cash return ratio and you look at the limited liabilities in the healthcare sector, they look to be an interesting sector. contrary to tell kos which pear to be from a purity per

and china accused of hacks and computer attacks on corporate merck. i'll look at the link. plus philadelphia's rock which middle class. i'm kicking off a week-long

we're watching merck. concerns of the european market close to the downside.d watching commodities. you don't want to go anywhere. david asman coming in and we will cover the big announcements coming in after the bell. "after the bell" coming right back. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. peace of mind is important when so we provide it services you bucan rely on. with centurylink as your trusted it partner, you'll experience reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next. i got more advice than i knew what to do with. what i needed was informat