myland to buy perigo. one of the top shellers of the generic medications and fu mid sized drug firms. perigo said it will meet to discuss the offer with its board. higher by 3% and shares of mailan up. these were the first and second best performing stocks inside the s&p 500 index respectively today. >>> well tonight marks the unofficial start of earnings season with a late report from aluminum maker alcoa. per tradition, the company earned adjusted 28% of shares beat estimates by 2% but revenue came a little shy of expectations but it was still higher than a year ago. shares fell initially in the after hours trade. morgan brennan joins us now with one of the key takeaways from alcoa's earnings. good evening. good evening, bill. yeah so it was mixed results with shares about alcoa trade after hours as a result of that. that said this was a solid quarter for this company. we saw record results in upstream metals business. the smelting of aluminum, better than expected and we continue to see this transition

a take over offer from my land -- myland rejected by perrigo. mylan says that it was 8% higher. at combination with perrigo would help mylan avoid being taken over. china stepping up efforts to crack down on insider trading and market manipulation. that is according to a statement on their regulatory commission website. this decision follows wild swings in the stock market. including a swing in shanghai on speculation the government would increase a tax duty. the greek finance minister at talks in latvia today. he made clear that greece cannot make shortcuts to get additional aid. >> it was a very critical discussion. we came to an agreement two months ago and we hope to hear an agreement on which we could make a decision and we are still far from that. emily: varoufakis sees it differently though. here he is speaking to it afterwards. mr. varoufakis: otherwise we would have smoke coming out of the chimney. it is our view that we have no right to achieve this agreement. emily: in the meantime, a economists say that a greek default does not necessarily mean that the country would

host: another tweet from myland. they want to know how much the doc fix will cost america in increased taxes and debt? guest: i am not a political expert or pundit. i am a physician. we understand that the doc fix did not entirely get paid for by the legislation and there was something in the order of $140 billion that was unaccounted for the next decade. that is for congress to sort out. one of the reasons the doc fix was passed this year was that there has been reduced health care spending, compared to a historic averages over the last number of years. the cost to the government was substantially less now than it would have been a few years ago. that motivated this incredible union of forces between democrats and republicans to come together and get this done with an overwhelming majority. it was striking. host: as president and ceo of the mayo clinic, how is your time divided? how much time do you spend paying attention to washington and internally at the hospital, etc.? guest: that is an important question and a

there are 70 obstacles, but there seems to be growing pressure from myland and teva shareholders thats deal makes sense but there is a lot of rejection. mark: what does mylan give teva? david: mylan is a signal that it is going into the generic industry into the traditional industry that teva was built upon. it gives teva low-cost manufacturing facilities in india, poland brazil. mylan has technology to produce similar's which are more complex generic drugs that will be coming to market in the next decade. it gives teva a whole lot of scale, and it creates synergies for investors and shareholders. so that is what teva would be getting. mark: thanks for joining us. you can join the conversation on twitter and tell us what you are following today and what you think of the show. among the trending subjects today -- flash crash. i think he was arrested yesterday for alleged manipulation. remember that may 6 -- the dow jones plunged 1000 points in minutes before later recovering. getting some news. richemont is seeing a fall of 36% due to non-cash market to market losses. big news from ric

host: another tweet from myland. they want to know how much the doc fix will cost america in increased taxes and debt? guest: i am not a political expert or pundit. i am a physician. we understand that the doc fix did not entirely get paid for by the legislation and there was something in the order of $140 billion that was unaccounted for the next decade. that is for congress to sort out. one of the reasons the doc fix was passed this year was that there has been reduced health care spending, compared to a historic averages over the last number of years. the cost to the government was substantially less now than it would have been a few years ago. that motivated this incredible union of forces between democrats and republicans to come together and get this done with an overwhelming majority. it was striking. host: as president and ceo of the mayo clinic, how is your time divided? how much time do you spend paying attention to washington and internally at the hospital, etc.? guest: that is an important question and a

. -- my myland burke sent out the street. jean is our last call on the republican line.aller: just talking a little bit about the illegal immigration problem -- i'm here on martha's vineyard. the brazilian community has basically taken over. no one talks about brazil, but it's a huge problem here. the island people are losing their jobs every day. and the brazilians are riding around in new cars and new trucks with no drivers i -- no drivers license and taking the jobs freely, undercutting people that have been here forever. host: what jobs are they taking? caller: basically, anything they can do, the carpentry landscaping, painting, you name it. they advertise that we can do anything. host: takes for the call. and finally, you may not know the name, but you will most certainly remember the photograph, one of the most iconic photographs following the assassination of john f. kennedy. there it is. there -- then pharaoh, who was at the time working for the -- john farrow, who was at the time working for the news. he passed away at 80, cause of death pneumonia. he was out o