next up, take a gander at merck's chart. a lot of people own merck. unlike the rest of the pharmaceutical space, merck had a great year in 2016. nice, huh? that rally has only continued in 2017. from fraser, good job. stock up 50% since the beginning of last year. lang know it's been rep lentless wrong on very strong buying. for charters, volume is like a lie detector. any move on strong volume is a move that's telling the truth. even better, the mac d indicator, it just made -- there we go again. the bullish crossover that was a few weeks ago. just this week, merck broke out above the long term ceiling that really kept it lower. it kept the lid on 64 bucks, making new all-time high lang likes this chart and thinks merck isn't finished going up, which to me makes a lot of sense because it's got that newfound anti-cancer prowess. this is when their drug beat bristol-myers's drug, and that was very important. it's called keytruda. how about eli lilly? let's take a look at that one. after spending more than a year stuck under 82 bucks, there was your cei

>> i think it was outrageous what they did to merck garland. i think it is a stain on the united states senate. it's certainly turned their back on the constitution. i said in my opening statement today, i went down to merck garland's ycredentials and judg gorsuch's credentials, they're very, very similar. he got turned down by the republicans, but judge gorsuch was somewhat similar credentials were okayed by the republicans. and the supreme court has to be nonpartisan. >> all right. patrick leahy, democratic senator from vermont. thank you for the time. >> thank you very much. >> okay, and on the other side of the aisle now, we are joined by the attorney general of texas, ken paxton. thank you for the time. we appreciate it. he say that was a stain on the senate. to leave that seat open in anticipation of the election nearly a full year later. do you think he has a point there? >> well first of all, thanks for having me on, second, i would say that the american people, i believe, spoke in this election. had they elected hillary clinton, i thin

. >> reporter: trial failures that most recently included one from merck in february and eli lilly inovember. litt lily spent more than $2 million in two decades, many believe those failures may have been due to timing. >> what we've realized in alzheimer's disease is that the disease process itself in the brain begins you know somewhere between ten and 20 years actually before. if you wait too late. if you are treating patients who are already severely impaired, cognitively, it's probably too late to be treating them with the kinds of treatments we are now using. >> reporter: ongoing work from biogen, merck and others is still targeting amyloid. earlier in the disease. they are investing $2 billion to question whether targeting amyloids in this time and way will work. it's a question society is waiting impatiently to have answers. for "nightly business report," i'm meg terrell. >> tomorrow the new approaches the medical community is taking to combat alzheimer's. >>> the food and drug administration says no to generic asth ma drug. that's wherewithal egin the focus t. pharmaceutical c

merck in some ways has been late. it is partnering up with pfizer., and they've got this javelin program underway to see whether or not the science could the used to treat other forms of cancer as well. if this works, maybe some of those other therapies work as well. matt: trade gate is calling the shares up 3% at the open. definitely a stock to watch. coming up, the market open. futures are unchanged. this is bloomberg. ♪ guy: it's friday. the market is about to open. this is bloomberg. we think it is likely to be a fairly flat story. we will see what happens on capitol hill later on, trying to get a sense of where this vote goes. apparently too close to call. at the moment, no real clear sense of directions. pointing to a mixed story. the cac down, london just a bit positive. interesting to look at the euro right now. we have european leaders meeting in rome to celebrate the 60th anniversary of the signing of the rome treaty. here you see your trading at 1.07. it has been around 1.08. it is only down 2% versus the dollar from november 8 when donald

evening, a dry evening, overnight tonight, some low cloud would become more extensive, missed and merckparticularly across more eastern areas. some places will keep the clear skies and would have a particularly cold night. some rural spots for example the west of scotland where we saw the west of scotland where we saw the highest temperatures, frost first thing in the morning. signs of change. showers turning up in wales and south—west england. very scattered affairs, heavy ones through northern ireland and into the south—western parts of scotland. the head of that, much cloudy day, that means it will be much much cooler than in the last few days. that rain pushing through the south—west, the odd shower pushing into parts of the midlands and eastern england, they have been very, very scattered and they could be quite sharp, mind you in any brightness it would feel pleasantly warm with mid to high teens. some brightness. but not as we head into the evening, some dampness. tomorrow evening pretty damp and rearing nights to come across very many western areas, pushing in throughout wednesd

they sometimes conceal evidence there drugs are harmful like drugs put out by merck, turns out it could be bad for people with heart conditions and a lot of people have arthritis with heart conditions. people die because of that. they have a big incentive. if they were selling at the same price as a bottle of aspirin they had reason to conceal the evidence and give them a big incentive. also the nature of the search, had discussions with people from pharmaceutical industry, new competitors, talk about the 84,000, no one pays it anyhow, this whole industry of intermediaries. that is not useful either but there are drugs in the pipeline competing to bring down the price of $40,000 or whatever but that is not a good story. where you have a monopoly on the drug, free market would have made sense, you have i am speaking of the doctor, seems to be a very effective drug, but makes sense to have a lot of money developing a second, 3 and fourth street, an effective treatment for it. and sitting down and saying those research dollars best spend, developing the second, third and fourth for hepatit

so it's not a surprise to see pfizer, merck, and j and j to be having weakness.they're not from a galaxy far, far away, but they may be just as dangerous to american workers. as dangerous as any star trooper in the galactic empire. robotic waiters are already being rolled out. we're going to tell you where. even worse, the man who warned of this very possibility. billionaire jeff green now says the economic collapse sparked by robots is coming sooner to the u.s. than you think. what you and the country must do about it. he's going to tell you next. why pause a spontaneous moment? cialis for daily use treats ed and the urinary symptoms of bph. tell your doctor about your medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have a sudden decrease or loss of hearing or vision,

a lot of buzz about his latest video rant where he openly admits going from merck e"amerit talent" to guy doing a blog on youtube is a head scratcher. here's the question. is nick going cy crazy like a fox? >> people think i'm crazy. they have reports i have mental issues. i was dressing in drag at 17. i've been crazy. call me crazy. because i turned down millions and millions. i am moving on. bigger and better things. >> nick shouted, ranted and swore up the storm. 90 expletives. he cuddled a nicki minaj puppet. >> you still rich, you stiil rich. >> three weeks after he quit ag t because he says they threatened to fire him during kejos he made during his recent showtime special. >> i want to say things that i really think but i can't say it. i can't talk like that. that'll mess up the white money. >> what about your success on agt? >> just have fun with it. >> nbc hasn't commented on nick's departure or possible replacement. but is nick crazy or crazy smart? i spoke to him this morning. he's doing just fine. he has plenty of projects. he is chairman of teen nick for nickelodeon and h

and merck, one of my absolute favorites. mr. fraser is doing a terrific job.tech stock, an industrial, a bank, and we have defense. that's the way i want to play. that -- that is exactly a diversified portfolio that you can live with. chris in illinois has got game. all right. stick with cramer. thanks for loading, sweetie. ...oh, burnt-on gravy? ...gotta rinse that. nope. no way. nada. really? dish issues? throw it all in. new cascade platinum powers through... even burnt-on gravy. nice. cascade. various: (shouting) heigh! ho! ( ♪ ) it's off to work we go! woman: on the gulf coast, new exxonmobil projects are expected to create over 45,000 jobs. and each job created by the energy industry supports two others in the community. altogether, the industry supports over 9 million jobs nationwide. these are jobs that natural gas is helping make happen, all while reducing america's emissions. energy lives here. >>> tech was good today because of that oracle number and because a lot of chatter that the next apple phone is already producing a lot of demand for chips. y

of the first calls you placed was to chief judge garland, and you said to me, i think the world of merck garland and i asked you a couple times if you were bothered by the way the senate treated merck garland. you said something to the effect of senator, i try to stay away from politics. now you'd been on the bench for ten years. so that sound the fair to me, and i decided to leave well enough alone. and i moved on to another topic. but your relationship with politics came up again yesterday, my good colleague senator elemented the extent as become political and suggested that you and other nominees are not equipped to navigate that process because confirmation politics are in his words, quote, still a little foreign to you. are still quite unfamiliar to you. it turns out that's not really entirely accurate. after you were nominated this committee made a formal request for documents relating to your previous nomination and to your time at the department of justice. this is standard procedure. those documents include e-mails back and forth between former bush administration officials and

are they going to try and block gorsuch's confirmation as retribution for merck garland? >> we're very acutely aware that this is not just a hearing about filling one vacancy in the supreme court because the court will be making decisions that will impact all of our lives for decades to come. and clearly neil gorsuch will be, should he be confirmed, will be sitting on that court for decades to come. so of course we will have a lot of questions about his judicial philosophy as it relates to a woman's right to choose, corporate interests over individual rights, et cetera. >> are you open to fill bustering neil gosh such? >> we haven't gotten to that point yet. we're going to go through many, many hours of questioning neil gorsuch. as i said, his judicial philosophy is relevant because afterall, it's justice scalia's judicial philosophy that led justice scalia to be very conservative on that court. and i have a lot of questions about neil gorsuch. and i see a pattern to his decisions where he will go to some lengths to support a corporate -- corporation's rights over the rig

many thanks to dan dicker, merck.g up, a whole host of interviews with that presidents this week. today this charles evans. wednesday, eric rosengren. then jim bollard. you will see right here on bloomberg. ♪ emma: this is "bloomberg daybreak." this is the hewlett-packard enterprise greenroom. coming up, alix steel has an interview with lee boost be. this is "bloomberg daybreak." this is bloomberg's business flash. the president of the afl-cio says his organization will soon as the trump administration tries to water down obama era eligibility regulations. he told bloomberg the impacts could be devastating. millions of white-collar workers -- weregible to become eligible for overtime but were blocked. the labor secretary nominee did not say. if they would defend the rules in court. suspended testing of a self driving vehicles. it crashed in self driving mode. police say the uber vehicle was not at fault, and they're are waiting for the results of the investigation. the pentagon is lately to give the go-ahead for a new

you look at merck sense january 31st. pfizer. and then throw in the biotech names. you see the same story playing out. continuing year to date numbers. it is really the january 31st to date numbers. i think it is negotiation and they're will to work the president. >> it's interesting. across the board they were trading higher. the ones that get dinged whenever you talk about negotiating prices or repeal and replace. >>er i think to pete's opponent, you've had these drug ceos in the oval office. i think it was a lot more rhetoric than real bite to what he was saying. i think he had to say to it rally his base or to give them something. >> it sounds like the same argument as before. until there are details, we'ller levy everything of. >> i think first of all, companies based on merit. being given their just do. they don't make their moan by gounli, make their money by gounling they will of. >> and i don't think, well, gouging people on prices. i would take that back a little bit. that doesn't matter. i think pfizer reported around the same day that the president said,

or they don't know how to craft an email to our client like boeing or merck.teach basic math. our schools need to up their game and give us better talent. and when need that stem education infused into all our schools. we need to focus on that, otherwise we are doing a massive disservice to this generation of kids graduating from school now. charles: congratulations on your trip to the white house. coming up. jeff sessions getting started on his crusade to end america's sanctuary cities. >> 80% of the american people believe the sanctuary cities are long. the obama administration sent out grant programs to assert people are in compliance with the law and cutting off various fund if they didn't comply. we'll continue to pursue that and go even further. charles: jeff sessions telling bill o'reilly that sanctuary cities face more than just loss of funding, hinting at charges. steve rogers, i thought when he said in that sound bite, 80% of americans say these sanctuary cities are wrong, yet they persist and grow by 300 of them. you have state that want to become s

merck med dows. me douse. me dows. med dows. made douse. immediate douse. me douse.ul joe, they've got you outnumbered. the dinosaurs' extinction... don't listen to them. not appropriate. now i'm mashing these potatoes with my stick of butter... why don't you sit over here. something for everyone is awesome. find your awesome with the xfinity stream app. more to stream to every screen. the biggest week wow, watchathon has netflix? hey, drop a beat... [ beatboxing throughout ] show me orange is the new black. wait, no bloodline. how about bojack? luke cage. oh, dj tanner. maybe show me lilyhammer. mmm, show me last chance u. on second thought, maybe pompidou. narcos, fearless, cooked, the crown. marco polo, lost & found. grace and frankie, hemlock grove. season one of... show me house of cards. xfinity watchathon week starts april 3. get unlimited access to all of netflix and more, free with xfinity on demand. lauren: welcome back, time now for sports. a family affair in dallas. steph curry facing his little brother. this is the first quarter. matt barnes go for the s

stocks to watch, this is germany , don't confuse it with merck of the united states. pfizer trying to sell a drug to cure a rare form of cancer. up 1.8% today.y they danger out of the eurozone today. the pmi rose 56%, to the highest level in almost six years. back in line with the cost of gdp with .6%. employment rising the most since june 2007. this shows is the european economy, gathering momentum, and now the time to plan for an exit from the extraordinary stimulus. finishing off with the euro, up for the first day in three. on track for the fourth weekly rise. jumped by 2.3%. analysts forecast 1.4 in the second quarter, $1.05 in the second quarter. more analysts have a below parity call, ain't at predicting parity for the parent in the second quarter. right now, the euro moving away from parity. julie: up, up, and away. thank you, mark. let's get back to the leaves on the health care debate with the house gearing towards that crucial vote and conservator -- conservative lawmakers say a vote against the bill would benefit planned parenthood. i want to start in d.c.

rally endsstatus quo good will like the consistency of merck. phile.o fil >> i think there was an op-ed europend nation of more meeting to be set aside or diluted. >> it is a complex matter. this is much more of a federalist edition and there will be resistance with the framework and merkel, if you can think about the happy medium, i as happydescribe it medium, but the merkel having a positive impact. >> there is an effort to focus on defense and that story. we will watch it with interest. in terms of european stocks, you are neutral, but are positive. andhis is having an impact lose and weis to expect this to be positive for the equities with better growth data coming and the inflation number is lacking. could removee ecb or take away the negativity on the rates with financials being thought about again. appetiteseems to be an by members to extend these cuts. the question for markets is if we have reached the top of trade. oil never got up of $65 and i reflationut that momentum. >> there is certainly volatility and it is being recognized with markets

merck. it continues. you don't have to go too far off the beaten path. and finally, another big boy here. humana. you talk about unh earlier. very nice performer. big multi-year breakout. three great large cap stocks that you can buy to play the strength in health care. >> i think we invite him over. come on over. >> one of the things we're talking about is a lot of uncertainty. not just from the democrats. when i look at the xlv, and i put a bearish trade on this. i think all of these things as they go up against those upper resistance levels, i think they fail here. we're not going on get any sort of clarity any time soon. so i don't think you want to buy breakouts. the other thing. you didn't show them the xlv. it has that down trend, the up trends. >> it's not all rain bows and unicorns. this is clearly, does it feel like a heavy market is the we've thrown everything we can at health care and it is still second best performing sector. i think the price speaks louder. this has not been a strong play. every single one of them. you talk about these nice

merck has been good. lily has been so strong. the charts didn't indicate the president was going to do that, just in case you wondered. >> there's been talk about consolidation amongst the bigger players. it is hard to imagine you could make that strategic decision without understanding exactly where washington was going to play. >> but astrazenica was coming back. they have a great cancer franchise. i thought there might be a combination with bristol-myers. >> nothing going on right now. >> you rule it out? >> don't try to start something. nothing is going on. >> how about valeant? where is the floor? >> i don't know. >> took out the 13th floor yesterday. a lot of people feel there is no 13th floor. >> we're going to start asking, what's the floor for snap after a pullback yesterday, down 12%. we'll talk about that and what it means. >>> also ahead, the chairman of oil giant aud aramsaudi aramco. s&p down, flirting with biggest losses since january. back after a break. where, in all of this, is the stuff that matters? the stakes

we are seeing pfizer and merck and some of the drugmakers pulling back this morning.nsurers, we care are not seeing much movement whatsoever. in fact, they are little in the green. i was speaking with a bloomberg intelligence analyst who covers health insurers and he says one of the reasons you are not seeing more of an outsized reaction is that this is probably not the final version of the law that will end up going through. this is sort of an initial stab at it. generally some of these rules are more favorable to insurers. if it will hurt insurers, it will hurt the companies who have a bigger exposure to medicaid not larger insurers, and also perhaps hospitals. if there are fewer people insured, that means more the insured ends up here at the hospital systems in the u.s. if there is a negative, this is where it might be. tenet healthcare, community health systems, and universal health services digging lower. mark, you will be digging through this throughout the show. mark: we've run out of steam since hitting that 15 month high at the middle of last week. only for i

. >>> and merck's keytruda has won fd approval for treating blood cancer. >>> gap naming mark breitbard shares of the parent company gap unchanged. >>> some more stocks to watch. hostess drandbrands seeing q4 s increase. no move in the stock price today. >>> toshiba says it would consider a sale of westinghouse. the company didn't offer clarity on whether they would proceed with a chapter 11 filing for the u.s. nuclear unit. toshiba down again 12%. >>> time for top trending stories. mark zuckerberg getting a nascar driving lesson from dale earnhardt jr. the pair hitting 170 miles per hour on the speedway with zuckerberg exclaiming what a crazy experience, this is amazing chlg. >> 170 miles per hour, i didn't realize nascar was that fast. almost entering f1 levels. >>> the first official love actually reunion trailer has been released. the trailer paying tribute to the iconic queue card scene in the film and features actor andrew lincoln who will resume his role of mark. take a look. ♪ god only knows what i'd be without you ♪ ♪ ♪ god only knows what i'd be without you ♪ ♪ ♪ god only know

care act is seeing new signs of life, getting verbal signs of life helping pharma giants pfizer and merck to the top of the dow while united health is sinking. whatever side of the aisle you were on, today is the day theresa may kicked off britain's swan song as a member of the european union and looks like the world's biggest bank could see some of the psychological trauma of this divorce. should you be hold be banks for two years? former banker ubs of america chairman robert walt is going to guide and you tell you what to look for next regarding this historic breakup. more "countdown" coming up. ♪ ♪ after becoming one of the largest broadband companies in the country. after expanding our fiber network coast to coast. these are the places we call home. we are centurylink. we believe in the power of the digital world. the power to connect. and that's what drivess everyd. at crowne plaza we know business travel isn't just business. there's this. 'a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly

. >> merck's net profit more than doubled in the fourth quarter bolstered by growth in the healthcare division. the drugmaker expects stable core earnings this year due to increased competition for prescription drugs. >>> carrefour's operating profits fell by 4% in 2016 coming in shy of estimates. weakness in the french market where operating profits fell by more than 13% dragged down the results. they're off by 3.5% this morning. they said that sales would grow by 3% to 5% in 2017 while at the same time kept its dividend unchanged at 70 cents per share. >>> bt has appointed rio tinto chair jan duplessis as chairman. duplessis has served as rio's chairman since 2009 leading the company through a volatile period. the miner saying it expects to announce the successor sometime in 2017. >>> eu leaders are gathering in brussels for a summit to discuss the economic and security issues. the council is expected to elect its next president. nancy hungerford joins us from brussels. >> thanks. the big test on the agenda first and foremost is the vote on the eu council president. the current pres

familiar names, johnson and johnson, phizer, merck.eal controversial, trump has not held back, the president has not held back, saying they are just getting away with murder what they're charging folks for prescriptions and other treatments. back to you. >> melissa: he has said that. lori rothman, thank you for economy, let's bring back scott brown former massachusetts senator and a fox news contributor. i'm glad you could stick around. there was one more thing i wanted to ask you about. in the latest fox news poll one of the polls wasn't looked at quite as closely was that for your family, it feels like the economy is getting better, 48% said yes. getting worse, 29%. staying the same 19%. you compare that to last october. lot more optimism. that getting better number has moved up 11 points. the getting worse number has moved down 19 points. pretty clear that people, just since october, are feeling better about the economy. why do you think that is? >> well, i think because the president is establishing tax and regulatory certainty. as

despite what you have heard from the fake news, i had a great meeting with german chancellor, angela merckrump was asked about unsubstantiated claim that president obama used a british intelligence agency to surveil trump tower. trump pinned the claim on a fox news analyst. >> we said nothing. all we did was quote a certain very talented legal mind who was the one responsible for saying that on television. i didn't make an opinion on it. that was a statement made by a very talented lawyer on fox, and so you shouldn't be talking to me, you should be talking to fox. >> i want to bring in our senior media correspondent and host of "reliable sources," brian stelter. so fox, very quickly, responded separating itself from the words of their analyst and this is very interesting because it's always been cozy between or i should say most recently, very cozy between trump and fox. >> it's certainly his favorite channel with the number of tweets he posted about fox or the interviews he gives to television networks, it's very much leans towards the right, towards fox. in this situation, here you have

. >>> just to go over again the president hits them again, we like merck because we like the true keyanchise and lily because of the diabetes franchise. i'm warming up to a foreign company but it's got really, really good stuff. allergan and pfizer. there is always a bull market somewhere and i promise to find it for you on "mad money." i'm jim cramer and i'll see you tomorrow. >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ (ship horn blows) i'm jim tselikis... and i'm sabin lomac. and we are cousins from portland, maine. and together, we are cousins maine lobster. best part about growing up in maine is the family, being by the water, but most importantly, the lobster. maine lobster is the most tender, succulent meat you'll ever have. we are from maine but currently living in los angeles. who wants some fresh maine lobster?!

. >> due to unprecedented treatment, judge merck garland was denied a hearing. >> president obama's supremeho never got a hearing for the vacancy gorsuch is trying to fill. >> your nomination is part of a republican strategy to capture our judicial branch of government. >> senator cruz defending the decision to not hold a hearing in the middle of an election. >> his nomination carries with it a super legitimacy. the american people played a direct role in helping to choose the nominee. >> in their opening statements today democrats signalling they're gearing up for a fight, ready to grill gorsuch on his judicial philosophy. >> judge gorsuch has not had occasion to rule directly on a case involving roe. however, his writings do raise questions. >> gorsuch's independence from the president. >> will you rubber stamp a president whose administration has asserted that executive power is not subject to judicial review? >> clearly attempting to make his confirmation as much about the president as they can. >> the independence of the judges has never been more threatened. a large part of the threat

of angela merkel during the campaign, you know, these leaders needed to kind of reset you know that merck a very good and warm relationship with president obama and also with president bush. but she needed to kind of recalibrate, reset things, with president trump. i think it was an opportunity for the president to move forward with this very important western ally. this european ally who really angela merkel right now, is on the considered one of the leaders of europe and she's facing election right now in germany. the candidate that she's against is more of a populist kind of right wing candidate. very similar to president trump. and there are some thing that president trump wants this candidate to win. but right now he has to work with angela merkel and these tweets about these leaders -- after a phone call, even if it went well, certainly don't keep the relationship on track. >> so when it comes to the trickle-down effect, what can other world leaders watching the way the new american president does business take away from this? >> i think they can take away, no matter how it goes in

merck and pfizer planning to sell this drug for $13,000 a month.ice for the average patient is in line with other drugs in its class. of the best performers on the stoxx 600 today. one of the worst performance is bollore. it sits on that line between a mid-cap and a large cap. it is a holding company. we are seeing the share price move on that. out theffered to buy minority shareholders of its blue solutions unit for 17 euros a share. we are hearing it is going to file that offer by the end of the first half. matt: thanks very much. let's get to the bloomberg first word news with sebastian salek. sebastian: house republican leaders expected to vote today on their health care bill. that is under pressure from donald trump's administration to act now. gop leaders approached the vote without knowing they have support to pass it. of what aed as a test trump white house can get done in the legislature. paul ryan spoke about the bill's chances. >> we have been promising the american people that we will repeal and replace this broken law the cause it is c

jpmorgan too, but right now, caterpillar, walt disney, merck and apple look healthy, nike and walmarto not, they're among the biggest drags on the dow 30 right now. and not a dow stock but costco taking it on the chin after reporting worse than expected second quarter sales numbers, hurt by lower prices from big grocery store chains and this didn't help, it raised annual fees, but keep in mind, costco's been up more than 16% over the last year, so a clip of 4% today coming down 4%, not the worst thing in the world. >>> president trump wants to buy in bulk but he will not find this at costco. he wants american pipeuilders to use u.s. steel. is that idea even legal? adam shapiro has done some digging. he's about to reveal that the president and his big idea may be hit with a steel door when it comes to that demand. you gotta hear this. more "countdown" is on the way. . i just snapped a photo and got an estimate in 24 hours. my insurance company definitely doesn't have that... you can leave worry behind when liberty stands with you™ liberty mutual insurance . . lower than td ameritrade a

novartis is down, merck and company down, amgen down, glaxosmithkline also down. look at the biotech companies. the uncertainty driving the stocks down. gilead science, johnson & johnson was up today, but regeneron pharmaceuticals were also down, they're looking for guidance, not going to get it soon but they're looking at it, liz. liz: we may get guidance soon, i want to keep viewers on notice here. the freedom caucus, according to chad pergram, our super top producer in the congress, he is saying freedom caucus is clustering in one of the halls and will come before the cameras to say what they do not like about it and whether it is, as gerri willis put, it dead on arrival. the freedom caucus is a bloc. stay tuned for that. we've got our cameras chasing everybody. closing bell ringing in 49 minutes. boeing releasing the 747 scheduled to re-enter service in 2018. >>> dish flying higher after it was announced the satellite tv company will replace linear technology corporation in the s&p 500 on march 13th. so dish gets the big invite to be part of the s&p 500. it's

is time, on the world stage with germany's angela merck. >> as far as wiretapping, i guess by, you know, this past administration, at least we have something in common perhaps. [ laughter ] >>> plus hold the line. as the president's supreme court nominee heads for hearings, can democrats afford to become the party of no? >>> and the big boom theory. are the politics of the baby boom generation destroying america? this is mtp daily and it starts right now. >>> fweerng and welcome to mtp daily, happy friday. i'm chuck todd here in washington, it's the end of another week and there is a single thing that hangs over everything the trump white house wants to accomplish. this administration is struggling from a crisis of credibility, one mostly the president's own making. and today that crisis was displayed on the world stage, it's president trump versus the world. and no one knows when to take him at his word. dumb hours ago, president trump wrapped up a meeting with german chancellor angela merkel, event only described as tense. >> we said nothing. all we defense quote a certain, very talen

is time, on the world stage with germany's angela merck. >> as far as wiretapping, i guess by, you knowtion, at least we have something in common perhaps. [ laughter ] >>> plus hold the line. as the president's supreme court nominee heads for hearings, can democrats afford to become the party of no? >>> and the big boom theory. are the politics of the baby boom generation

grey cloud around, missed and merck, too.rs. not completely grey. there are brighter spells around. heading into the evening, largely dry across most parts of the country. more persistent rain across parts of northern ireland and scotland. a mild night, temperatures no lower than 8—10. frost free start of the weekend. saturday looking like a pretty decent day. cloud across london and wales will break up across london and wales will break up particularly towards the south. 17, possibly 18 degrees. brightening up 17, possibly 18 degrees. brightening upfor 17, possibly 18 degrees. brightening up for much of scotland and northern ireland. cloudy and damp weather across parts of northern england into the north of wales for a time. the rain peps up into sunday, so sunday a damp day for many, west of the uk will start to see sunshine and scattered showers. when lingering towards the east and things will feel fresher by sunday. -- rain things will feel fresher by sunday. —— rain lingering. hello. this is bbc news. the headlines: educ

host: is it merck garland or is it other things? caller: it's a combination too. the republicans, they don't want to speak with him. nd this will change the way. they don't want to sit down with obama, you know. host: his nominee? caller: yeah, his nominee. and just, you know, the republicans just basically bullied their way through and now that trump's in office, they got their chance and they just want to ram it down and get him in. and i think that's very sad. host: a couple of comments other on judge gorsuch. this is vick from twitter saying forget what gorsuch believes. he is attempting to take a stolen supreme court seat. what is is the say about him. and the hobby lobby decision alone should disqualify neil gorsuch decision. it also talks about the topic of contraception. a roundtable discussion on judge gorsuch and today's confirmation hearings with two experts. host: this is bill from lubbock, texas republican line. bill. caller: pedro, whether you be republican or democrat, i would like to see whether it be a democratic nominee or a republican nominee, i

pfizer's alcorye, merck's -- [inaudible] for melanoma that and gilead's medicines for hepatitis c. these new therapies are a result of improvements in understanding technology, research with academic and research institutions and huge investment and risk taking by the industry. let's talk about economic contribution to the industry. a continued stream of new treatments won't flow if society is not willing to fund and support a modern bio-pharmaceutical industry that gets cures to patients. i'd like to note that in 2014 the bio-pharmaceutical industry in the united states represented 3.8% of total output which amounts to an impact of more than $1.2 trillion. when you take into account the value of goods and services produced by the industry and the total impact on the economy, $1.2 trillion. this includes the economic activity of its work force and more than 4.4 million jobs across the u.s. economy. including direct and indirect vendor and supply jobs. that being said, i want to be clear: we understand our responsibility. every scientist understands their respondent, everyone as pfi

it's a start, good news and something we should build upon and i think it is a clever move by angela merck toll bring a good number of business leaders, because that's the language he understands. it's not about giving him a lesson in diplomatic skills. it is about a language and a couple of topics he needs to tackle together with germany and therefore i think germany has something to offer. on the other hand, germany should also listen to the concerns coming from the u.s. regarding trade surplus, regarding budget deficits and other things. so i think it is a start. it's different to what we have heard from the president the months before when it came to germany. >> carl, stand by for me if you can. just getting word that it's probably going to be another ten minutes or so before angela merkel and donald trump take to their respective podiums there in the east room, since we've got a few minutes, we are going to pay a f bills and take a quick break, when we come back, we'll spend some more tim talking about this joint news conference that's about to unfold at the white house. this is msnbc

on the other hand, the democrats talked more about merck garland. but finally we heard from neil gorsuch himself, a very personal opening statement. let me play part of it for you. >> my mom was one of the first women graduates of the university of colorado law school. as a first female assistant district attorney in denver, she helped a program to pursue deadbeat dads. and her idea of day care sometimes meant i got to spend a day wandering the halls or tagging along behind the police officers. she taught me that headlines are fleeting. courage lasts. when i put on the robe, i'm also reminded that under our constitution, it's for this body, the people's representatives, to make new laws. for the executive to ensure those laws are faithfully executed. and for neutral and independent judges to apply the law and the people's disputes. alexander hamilton said, liberty can have nothing to fear from judges that apply the law. >> reporter: he was talking about a close ung who will died recently, it's that kind of personal warmth that we saw today that help

president and cio of merck investments joining us from san francisco. ♪ mark: it is time for first words. house republicans will not vote today on their embattled health care bill. the house of them planning to hold a vote today but a senior gop aide says that will be delayed. the move came hours after mark meadows, the chairman of the house freedom caucus said his group had not reached agreement following a white house meeting with president trump. wednesday's attacks on parliament and the westminster bridge will not deter the u.k. from participating in the global fight against terrorism. they spoke to bloomberg news today. we will carry on. intelligence to make sure that all of us are kept a safe as you possibly can. not just london, new york, orlando, paris. other major cities across the western world have been the targets of evil and twisted individuals trying to destroy our way of life and to attack our shared values. mark: the mayor says security will be a priority near brecht at negotiations. claims that the predecessor wiretapped his new york skyscraper. in an interview with tim

and so pfizer and merck, two of the companies that will benefit the most out of this $25 billion one fault, they said -- windfall, they said they will create a lot of jobs. pfizer brought back $35 billion in foreign earnings it had put up short and a paid almost a miracle on the dollar -- a miracle on the dollar. less than the contribution on social security of payroll taxes. and after that and a great job or creator, it did not lower any prices. a deal lower the boom on the and it isd cut out part of job creation and it is at the same kind of action here. the pharmaceutical companies that divulge more earnings to taxes -- advertising inventor research and development. there's is nothing to prevent these pharmaceutical companies from taking the $25 billion and putting more ads on >> they are financing all the net work news and sports continue tot they spend billions of dollars on advertising and spend less on the research and development that might lead us to cures of dread diseases. president trump as a candidate, and even since becoming president, has spoken out forcefully on this.

merck in february and lily in november. those trials tested analoid beta.ne of the biggest controversies in medicine what is driving alzheimer's? with each failure you hear whether this is the right thing to be pursuing. it's still the prevailing sentibility in the space. we talked to researchers in the past week. listen to the different of opinions. >> all the genes have one thing in common? excess analodi pop signadeposite brain. >> none of the pathways have improved patients cognition. >> clearly amaloid is a player, is it the only player? is it the best player for us to target for therapeutics? >> so the director of the nih there summing up is it the best target? we decided to look at what else is going on on in the field. voyager therapeutics in boston, they are working on a gene therapy approach to tackling alzheimer's. they are a small cap company, before 3$300 million market cap. we wouldn't normally mention such a small company, but this is early investing in new ways of treating alzheimer's. they are using viruses to get into the brain and deliver

>> why merck keeps getting a higher and higher multiple. they've really been a star.hey have been. >> can you a frazier bully? >> huge. life-saving drugs for everybody as another company did. no, he never promises on the real issues -- he can under promise on earnings and over delivery but never over promises on what his drugs can do to save people's lives. trying not to be sentimental about it. but my mom died from cancer. this guy had it. he he's the real deal. >> they only used lilleth, in that show, frazier, should have brought her in more. >> it's a long story. >> the most exciting company on earth, i'm not kidding. peleton. one day it will be public. >> have you been? >> have i been on peleton? it's in the bedroom. >> don't tell me you own a peleton. >> no, but i've been on one and was exhausted. >> up at 3:00 am. peloton -- >> you like it? >> no. i love it. >> do you have one as well? >> rachel w. and -- >> if fit instructors could be instructor. >> if you say your peloton name on the air, i'll say mine on the air. >> beethoven. >> no way. >> you have a handle.

amgen, merck. some of the strongest operating cash flow stories that one could buy in the s&p 500.amgen has doubled operating cash flow in the last five years. $5 billion to $10 billion. and their dividend is up 6x. they've increased 600% in five years. compounding dividend growth at that kind of rate and all types of pipeline r&d opportunity. we think some of those names, with good balance sheet strength. when you look at the biotech sector and go downstream there are more risky names out there. i wouldn't paint the big and small names alike as far as risk. some of the broader names that are strong dividend payers would be no-brainers. with or without this headline volatility that certainly will exist for a little while longer. >> les, as we continue to look at the votes and consider whether ahca passes tomorrow or at some further point, how much does that hinge for those drug prices. >> in the long run not a whole lot. if you are a long-term investor, ride it out. if you are trader and you want to trade from the long side, i say wait. the big caps will not double on you before we

intel and merck the biggest losers. oil market closing for the day.the session. >>> staying with energy and a new and different problem for the developing market record gasoline supplies. maybe that's why the price of gas is solo in new jersey these days. jackie is live in the gasoline capital of america, who knew it's seymour, new jersey. >> reporter: good afternoon to you tyler. that's right. the perfect storm brewing to push crude oil prices lower. right? we know opec may not extend its cut. that's a problem for the market. we found out from the department of energy we have record crude oil vince. this is the straw that broke the camel's back. in february gasoline supplies hit a record the highest we've seen in 27 years that the eia has been keeping track. put all these factors together you see this market continue to go down. the problem here is that this is winter blended gas that's being stored. we're going to go into the summer driving season and we need that summer blend of gas. what will do with everything in storage. some are saying we'll ex

we like merck, pfizer.year. >> there you are on the pharma pieces of all of this. thank you for joining us. >>> adobe's out with its guidance that just reported earnings. let's go back to that. >> reporter: hey, kelly. we have those numbers reporting guidance for fiscal second quarter. 94 cents. that's above estimates of 91 cents. also roughly in line is revenue, 1.73 billion versus 1.72 billion expected. back over to you. >> thank you. those shares still up more than 3%. we'll speak to the ceo shortly. now president trump saying last night many companies are competing to build the border wall. we're going to check on the publicly traded ones involved and what building the wall could mean for their bottom lines next. >>> then later value investor joel greenblatt will tell us what he thinks looks impressive. you're watching cnbc first in business worldwide. >>> donald trump promising to build a border wall between the u.s. and mexico. he's maintaining that promise now that he's president. speaking to a crowd

i believe that is ken frazier right to the left of the president, to the right of your screen of mercke it to say this comes at a time everything seemed to be firing on all cylinders for u.s. multinational manufacturers. this could be anomaly, a stand-alone event. we're watching it though, but that would explain the drop in the dow and desproportional weighting of caterpillar. so we'll keep an eye on it. >>> meanwhile you heard back and forth how chuck schumer and nancy pelosi are calling for attorney general jeff sessions that they claim he lied when he said he was not meeting with russian officials prior to taking office. the fact of the matter he did a number of times, but many are arguing, then senator's staff is arguing he did this in his capacity as a member of the united states senate and a member of the intelligence committee and no other way to hide anything from the investigators. whatever it is, it is now caused a big hoopla. senate intelligence committee member james lankford of oklahoma joining us now. senator, they're already saying resign, attorney he yep. what did you m

can i just say tax reform is filled with merck because border tax, no tax, individual versus nonindividualall you want is repatriation because that was a simple one. take the money and run. please. >> how about yesterday's action and the stability today? >> i think yesterday was a win for the bulls. i always feel this is a very -- i understand ford by the way preannouncing. i understand this is very complicated because real life should never -- i should never put real life behind stocks, but there was a terrible terrorist incident yesterday. and yet stocks shrugged that off. stoc stocks slugged off the idea the ten-year is still at 2.40. you could argue perhaps they benefitted from the idea that the house intelligence committee said there may be some truth to what president trump says about wiretaps. but most importantly oil went down from 70 cents to being down ten. these are all the components. i know wilfred frost went back and forth, he was saying some of the things i was saying last night which is if you just focus on the companies, you really would be using these dips as opportunitie

> todo lo que pasa baja tambiÉn, aquÍ en la avenida principal donde hay muchos negocios latinos, y merckor este trabajo y reflejar la realidad que se vive tras esta especie del cambio de discurso desde la primera magistratura del paÍs y que automÁticamente se refleja en todos los ambientes en el ambiente familiar, en el ambiente econÓmico. en el estado de Ánimo de la gente. >>> totalmentes terrible vivir con este miedo cuandostÁn cumpliendo su sueÑo >>> con mucho sacrificio >>> exactamente como tantas familias que hay acÁ >>> verÓnica un abrazo inmenso y vaya a protegerse del frÍo y de la tormenta >>> gracias vero, excelente historia. bueno muchachos vamos a una pausa comercial no seuevan en seguida seÑores la madre de emilio navaira llora en un reconocimiento que recibiÓ su hijo esto fue en san antonio. >>> miren allÍ, miren alli mÁs adelante naty natacha nos pone a bailar al ritmo de su sencillo "otra cosa" aquÍn "un nuevo dÍa" que comienza contigo los hombros. más que cargar hombreras, cargan con los sueños, las esperanzas y la pasión de los fans. y, quizás, con el chance de triunfar.

merck -- i want you to hear what dr. murphy wrote. the aca did little to provide treatment for those suffering with mental village just mental illnessand -- mental and substance abuse. thoughtafter a long battling congress, president bush signed the act into law in 2008, but it wasn't until 2013 that the obama administration finally implemented parity, leaving millions of americans with behavioral health conditions fighting with insurance companies years after congress acted collaboratively to form the law. this bill is going to offer about $1 billion in new flexibility for the great state of georgia. we are going to have opportunities to serve our population anyway that we have never had the opportunity to do it before. i oppose my friends amendment, because i don't want a mandate that everybody has to do it the same way. i think regions that have high opioid addictions are going to do it differently than places like alaska that has high suicide challenges. he gives us the opportunity to do it in ways in georgia that we have never ha