novartis is softer anheuser on the numbers. unilever softer.m interestingly enough softer this morning. let me break it down on percentage points gains. i want to highlight travis downns out of the u.k., five point 43%. bloomberg first word news update. here is nejra cehic. the u.s. justice department has confirmed jeff sessions had conversations with russia's ambassador to the u.s. while he was a prominent surrogate for donald trump election campaign. even though he's a during his confirmation hearing that no contacts had occurred, sessions said in a statement that he never met with russian officials to discuss the campaign. i have no idea what this allegation is about, he said. it is false. therelevant relation -- revelation has called for him to be outed by top democrats. donald trump new travel order is said to drop in iraq from the list of mostly muslim nations whose citizens will be barred from entry to the u.s. and 90 -- in 90 days. he has delayed issuing the new directive until friday. it is a revision of the travel ban imposed on gener

who have advanced stage of hormone receptor her2 negative but a study by the drug maker novartis taken with another drug reduced cancer or reduced death or cancer getting worse. by a margin of 44%. and with tomorrow's heavy snow we can't tell you how important it is to treat shovelling with care, you know that, heart attacks spike in the winter and shovelling and pushing a heavy snow blower can be more strenuous than going full throttle on a treadmill there are tips to change your routine first do not shovel first thing in the morning do not drink coffee or smoke before because they spike your blood pressure and heart rate. and don't eat a heavy meal beforehand since that diverts heart from the to the stomach and warm up walking or marching in place before digging into the snow. please be careful. jimmy kimmel live coming up, after action news and here is jimmy with a preview of tonight's show. >> thanks jim and hello philadelphia the show is about love so you have not discussed like your wedding plans or anything yet? >> have not had a dinner reservation yet so we will do that first.

it's also -- we did a new relationship with novartis earlier this quarter. we have milestones coming. we have all kinds of transactions with not just beyer, and biogen and gsk, but novartis, roche, and j & j, and i would say it would be very difficult to make the case for those folks to invest knowing everything going on in the company if all of our drugs were going to fail and our toxicities were a big problem. >> fair enough. dr. stanley crooke, thank you so much for coming on, sir. i really appreciate it. well, you've got to look at both sides. one guy says it's a sell, the drugs aren't working. another guy just told you about all those partners and the money coming in. make up your own decision. this is a tough one. "mad money" is back after the break. ♪ ♪ what we do every nig is like something out of a strange dream cept that the next morning it all makes sense. to power global e-commerce fedex networks are massive far-reaching and, yes a little magical. ♪ >> announcer: lightning round is sponsored by td ameritrade. >>> it is time! it is time for the li

novartis with the biggest downside dragged with hsbc. breaking it out the other way.o me market is losing come the losers are on the left. 2.5%.ld up the dollar is down and gold is going up. one of the more interesting trade. we could come back. let us get a quick look at where index futures are. down another 0.6%. the u.s. open looks like it will be soft also. matt: there are so many negatives out there. the dramatic failure to pass the health care bill by the trump administration. that will not help start the week. the commodity drop raising questions about the global economy. you know investors like to buy the dips in this bull rally. morning.have a busy we are looking forward to the interviews. i am joining the radio team. before i do that, i am going to talk to tim clark, the president of emirates airlines. start of ther the laptop ban. that will be a playing out later this morning. this is bloomberg. ♪ francine: health scare. trump lashes out at republicans after suffering defeat in the house. dollar skepticism grips markets. will the treasury bull market into e

for women who have advanced stage of hormone receptor her2 negative but a study by the drug maker novartis with another drug reduced cancer or reduced death or cancer getting worse. by a margin of 44%. and with tomorrow's heavy snow we can't tell you how important it is to treat shovelling with care, you know that, heart attacks spike in the winter and shovelling and pushing a heavy snow blower can be more strenuous than going full throttle on a treadmill there are tips to change your routine first do not shovel first thing in the morning do not drink coffee or smoke before because they spike your blood pressure and heart rate. and don't eat a heavy meal beforehand since that diverts heart from the to the stomach and warm up walking or marching in place before digging into the snow. please be careful. jimmy kimmel live coming up, after action news and here is jimmy with a preview of tonight's show. >> thanks jim and hello philadelphia the show is about love so you have not discussed like your wedding plans or anything yet? >> have not had a dinner reservation yet so we will do that first.

for women who have advanced stage of hormone receptor her2 negative but a study by the drug maker novartisher drug reduced cancer or reduced death or cancer getting worse. by a margin of 44%. and with tomorrow's heavy snow we can't tell you how important it is to treat shovelling with care, you know that, heart attacks spike in the winter and shovelling and pushing a heavy snow blower can be more strenuous than going full throttle on a treadmill there are tips to change your routine first do not shovel first thing in the morning do not drink coffee or smoke before because they spike your blood pressure and heart rate. and don't eat a heavy meal beforehand since that diverts heart from the to the stomach and warm up

you can buy necessarily, novartis and others. if you want to play the dollar, it's very hard. what these companies do, they hedge it for you so you can benefit from getting overseas exposure. i agree with all these fine gentlemen here that this is the way to do it. if you go directly into china, you have currency risk, political risk, how do you monitor that? >> the point is you're getting paid to take those risks while others aren't. we understand the fact that u.s. accounting standards, european standards are come pays. that's why emerging markets have been selling at a drastically lower multiple for much of the time since 2011. investors get that. >> they're also selling because it's much lower than it was when brick was developed. when brick was developed, that is a decade ago the growth was double digits. >> we're not buying economist. we're buying assets that create cash flows. yes, it's had a couple of good months, starting to rally here, becoming more popular. but this is against the backdrop of a lost decade for european stocks. the vgk, vanguard europe, most broad de

looking at donald trump right now, watching and seeing that he is being investigated by the fbi for novartis perhaps, that his own justice department is basically saying he's made up a fake felony. i think it has been difficult, a few first weeks for trump, worst than any other president. >> the one point is look how donald trump was punished for raising those false things about barack obama's birthplace? he was punished by being elected of the united states. >> that will show 'em. >> what lesson do you learn from that, you know? >> i don't know. >> thank you both for the bottom line. >>> cnn "newsroom" with poppy harlow and john berman begins after this break. we will see you tomorrow. ost pre data at their fingertips. because safety is never being satisfied. and always working to be better. is america's number-one you kmotorcycle insurer. yeah, she does purr! best bike i ever owned! no, you're never alone, because our claims reps are available 24/7. we even cover accessories and custom parts. we diget an early start! took the kids to soccer practice. you want me to jump that cactus? all ri

. >>> five things to know for your new day brought to you by novartis. >> time now for the five thingsor your new day. the senate intel committee is about to begin its first public hearing into russian's meddling into the u.s. election and possible ties to the u.s. campaign. meanwhile vladimir putin denies those allegation calling them lies. >> james comey speaking about the partisanship that is poisoning the integrity of the bureau. he insists the fbi is not on anybody's side ever. >> north carolina lawmakers set to vote today to repeal the bathroom bill, ordering trance gender people to use the bathroom listed on their birth certificate instead of what they identify with. >> a federal judge in hawaii extended the halt on president trump's revised travel ban indefinitely. >> and the times they are a changing. >> something is blowing in the blend. >> or bob dylan. the media shy music icon finally agreeing to pick up his nobel prize. >> for more on the five things to go, go to newday.com. >> we will check in with president trump's most ardent supporters on how they think he's doing. >>

but novartis is there, the next company is there. and all of them have invested the money up front and all are incentivized to try to recuperate something from that marketplace. you cannot negotiate with governments. >> on a slightly related scale, you remember when former president bush teamed up with former president clinton on pepfar going to third world countries to try to lower drug prices there. can't that same thinking be brought back here? >> we do. that is why we give away 1.7 million prescriptions. >> i'm talking about the pricing. >> the price has to reflect the value of what you produce. if not, you do not have an economic system that makes sense. the price has to dictate where you put your resources. into rheumatoid arthritis, cancer, mental disease -- pricing reflects economic value and you need that to give choice. if you distort those market signals, you distort everything that we do. our responsibility is to produce the best and greatest medicines we can't to make the biggest impact on human life. -- we can to make t

the problem is i can say no, which i have and we will walk away, but novartis is there, lily isn't there. the next company is due. all of them invested the money up front and all are incentivized to try to recuperate something from that marketplace. you cannot negotiate with governments. >> on a slightly related scale, remember when former president bush teamed up with former president clinton on pepfar and other things, going to third world countries to try to lower drug prices there. can't that sort of sane thinking be brought back here? >> we do. that's why we give away 1.79 prescriptions. >> but more than giving away the prescriptions. i'm talking about the pricing. >> the price has to reflect the value of what you produce. if not you don't have an economic system that makes sense. sense. the price has to dictate where you put your resources. do you put into rheumatoid arthritis, into cancer, into a mental disease? pricing reflects economic value, and you need that to get joyce. so you can't, if you distort those market signals you distort everything we do. and so our responsibility

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

evan constantly novartis and releases new product, and he's a true innovator, and i think he's grown since the early days of twitter. and i think he would release a lot of product and take some bold action, which is what's missing right now. the second possibility is to hire somebody who's a bit of a wild card, somebody who is a product manager, who builds great product, but who's unknown, and then put really great management around them. the third possibility is to just sell this thing and be done with it. i don't know what the board of twitter is thinking, putting a halftime ceo in, but if your company cannot grow in a time of political upheaval when you have a reality tv president using it and has gone completely rogue on the platform, then you will never grow. i don't think twitter's ever going to grow again until they make massive changes in management. and you know, without potus, i actually think, without trump, twitter's growth would not be flat. i think it would be done. >> by how much? >> so, it's a very scary stock to own. >> how much do you think he's worth in user growth

other companies are no fought us -- novartis and others.ads opec's efforts to cut production and try up the oil glut bloomberg crunched the numbers and found the saudi's lowered supply by 90,000 barrels a day in february. it was the second month in a row that the world's biggest oil exporter pumped less than 10 million barrels a day. opec is only 70% of the way towards the reduction level. businessour bloomberg flash update. coming up, which you need to know to gear up for next week's trading. this is bloomberg. ♪ scarlet: "what'd you miss?" if you look at how the dow and s&p closed, not a lot today. it bonds a sold off big time. joe: top of the range on rates. clearly putting march in the table. week, china's national people's congress convenes. the premier presents the proposed key economic targets for the new year. at thewill be looking ecb, whether it will change its interest rates thursday. scarlet: u.s. jobs data friday morning. this could be the key on whether the fed moves ahead with a rate hike. joe: the white house might issue a n

complex generics, biggest generics, mylan, teva and novartis.about drugs and speeding things through the fda, we have to talk about the other big drug story this morning and that's amgen's cholesterol drug results in a big study there driving amgen's stock down more than 6%. this hitting makers of cholesterol drugs across the board including regeneron which has a direct competitor and locked in a patent battle right now. esperion and medicines company as well. back to jou. >> you have to wonder whether we'll see deregulation or more regulation for those drug makers on prices, meg, thank you. as we head to break another look at propetrol just opening for trading moments ago here on the new york stock exchange floor. we're going to talk to the ceo. the stock is up 6%. much more "squawk on the street" straight ahead. ( ♪ ) upstate new york is a good place to pursue your dreams. at vicarious visions, i get to be creative, work with awesome people, and we get to make great games. ( ♪ ) what i like about the area, feels like everybody knows each other

you've got novo, novartis, trading down. sanofi in the mix as well. banks are bid this morning. look at credit suisse. i'm going to shifted over. where will move it on. there are the gainers. matt: that is very interesting. guy: we are rotating that. if you believe you are in a risk on environment, you buy the banks, you've got barclays, credit suisse, hsbc all trading higher, miners higher as well. the fact that see is trading up is an indicator. matt: absolutely. it lowered its capital buffer because of a settlement and as it boosted bonuses, certainly something bankers are watching. the u.s. health care bill is coming down to a high-stakes gamble with president trump sending it to a vote a day later than expected without knowing for sure he has enough support to pass it. the whole thing is being watched closely by investors because it is seen as a gauge on his mandate on his power in congress. joining us is yogesh dewan as well as mark cudmore in singapore. how important is this health care bill passage to the trump rally? yogesh: i think it is very important. it is a steppin

. >>> this portion of "today" is brought to you by novartis. >> back, now. 8:39.ed equal. and the areas you carry extra pounds can reveal a lot about your health. and here to break down the double spots are and what you can do about it, nbc news medical distributor, natalie t azar. if you have belly fat, what's the risk? >> the belly fat is made upf you have the under the skin fat. the deeper viz visceral fat that's your risk for diabetes, high cholesterol. it's so close to your internal organize organs. a lot of people do crunches and abs. that will not get rid of the visceral fat. the way you node to get rid of it, hard-core cardiovascular exercise, which is code for weight loss. >> work out hard, run, something like that. >> exactly. >> for fat-burning. >> the next one -- >> the back fat. >> okay. >> know it well. >> is there a risk to it? if i said, where is your core, where do you point to? >> a lot of people think it's just the abdomen. but it's also your entire back. you got your trapezius. a weak back or a fat back can result in back pain and poor posture