steven rick kautsky, quest diagnostics please. greatjob. thank kautsky, quest diagnostics please. job. thank you, kautsky, quest diagnostics please. greatjob. thank you, mr president. the leadership of the vice president la st the leadership of the vice president last week to come together as an industry, and we took advantage of that opportunity to work with the fda and work with the centre for disease control. we were up and running with tests in a number of our facilities. as the president mentioned, we now have capabilities from roche diagnostics that we will bring into our facilities this weekend, andi bring into our facilities this weekend, and i know myself and my colleagues at a lab core will be doing the same, so the capacity available to the american public to support this action will be ins increase in the next few weeks. matt source, of roche. matt, thank you. thank you, so from roche, we want to thank the fda for their applewood rapid approval of the coronavirus task. we appreciate the... it is critical for us to make that available, to make help patients in need, and

of the medical testing lab company lab core and quest diagnostics c.e.o. steve. who promised to develop new covert 1000 tests but likely needed an excuse for any good publicity after 19000000 patient records were stolen in a breach from qwest diagnostics and lab corps and 29 team and qwest diagnostics recently paid the federal government $1800000.01 allegations of medicare fraud after a whistleblower said. no one who submitted false and fraudulent claims to the government for the same test performed on the same day on the same patient so the company that tried to do fraud the government is suddenly going to help it. the only way this partnership makes sense now is a quest diagnostics is actually owned by johnny quest and my comment is race fan it . but if the track record on medical testing doesn't alarm you then maybe wal-mart c.e.o. doug mcmillan's promise to open up a wal-mart parking lots to drive through testing will not just from a logistical standpoint but because we all know that was less about stopping the spread in morning attempt to have some good news

minutes left of the session we've got a huge lineup of guests coming up including the ceo of quest diagnostics to break down the latest on testing for the virus and former bank of america governor, mervy nn king he was governor of the bank of england during the financial crisis >> we are covering every angle of this crisis for you mike is tracking the mashlgt moves. kayla has the latest on the stimulus bill. steve liesman is covering the fed's historic moves again today and meg is following the latest treatment developments mike, first to you on the market another big sell off despite another big fed intervention >> yes, definite ly a big sell off. though i have to say the intentionty of it, i don't know if this is much comfort, but the intensity isn't what we were seeing last week obviously we get up to the flat line and we're pinned on some of these headlines coming out of the senate, but if yu look at a five yore chart of s&p, it will show you what a lot of chart readers are looking at which is perhaps downside targets now being revised below 2200 to the mid to high 2100s. that gets you bac

they're leaning on two commercial test makers, lab corps and quest diagnostics the doctor can order directly without going through a state lab. >> ultimately, it will be the commercial laboratories that have the capacity to give tests all over the country. >> reporter: one of those quest diagnostics telling cnn, we expect to be able to perform tens of thousands of tests in the next six weeks. cnn has contacted several large hospital symptoms. they say they're not using the tests right now. they hope-to-to soon. that would lead to more testing, which would give public health officials an handle on containing the coronavirus outbreak. now, here's something that helps explain the testing situation in south korea and the u.s. the south korea, like european countries and dan p canada has universal single payer insurance. that means that it's easier to mobilize and also people know what to do. there is pretty much one answer for how to get the testing. the u.s. is a patchwork of countless different symptoms. so you can't say here's exactly the steps every american should take in order to get teste

. >> under the new partnership, private companies like quest diagnostics will develop and launch the capacity to conduct covid-19 tests. also involved in the growing test field, the mayo clinic announced they've developed what they describe as a fairly rapid test that can detect the virus that causes covid-19. >> our test uses samples collected through swabs taken from the nose and mouth. from there, our laboratory can amplify the virus itself. so we're not looking for evidence of the body's reaction to it, but the virus itself. >> we talked to doctors around the country whose testing experience has run the gamut. >> i have done zero testing. >> i don't feel like nick has enough tests right now. >> we just launched yesterday. so it's a new experience for us, and testing is going well. >> outside new york city in the nation's first containment zone, residents braving the rain to get answers. >> you do a swab, and also in the mouth, and we collect that in a specimen container, send it off to the lab, and they do a special test called a pcr test and send us back the results. >> how long

before that at the hospital or a lab wide a quest diagnostics lab for her academic medical center would develop a test on their own they could just do that if they were a certified clinical lab but under the obama administration the fda jurisdictions that you have to come to us first indicate approval of the test. on saturday morning, but commissioner issued guidance under the authorization we are promoting these labs, these public health labs in-hospital labs and commercial labs to go ahead and get the test going, do your own test, make it available and come to us for approval after the fact. that will make millions of tests per week available quite rapidly. >> can i ask about the study today that showed the americans most at risk of attracting the coronavirus for those living with patients, so should americans be less worried about catching the virus from people on the street or airports? >> what we said at a press conference just yesterday is consistent with that which is is what the average american in your daily life the risk of getting the coronavirus is very low that if you are a

they pretty talk to quest diagnostics, lab core, you can test, i test for this thing next week extensivelyand you know what i'll use it for to calm fears, to say you are panicked, you do not have the coronavirus. maybe you have the flu, i'll test the flu and coronavirus to calm fears and people will get the idea it's not that widespread. another big chunk will go to vaccine research. it's time we have a coronavirus vaccine, several months away but we need the funding. very good money very well spent. >> last question, as the seasons change in weather warms does that mean that the coronavirus will decline or abate? >> i have a theory, i'm not alone, doctor fauci has a theory and it does not necessarily apply to the virus because we don't know yet. let me show you something that's fascinating, and singapore 85 degrees today, and humidity is 85% and it's raining, there's 117 cases, the government is going crazy trying to contain it. there's 117 cases and has not risen. in south korea where it's 40 degrees almost 0 humidity, over 6000 and merging, why is that because respiratory virus like col

the only way this partnership makes sense now is the quest diagnostics is actually owned by johnny quest and my comment is race fan it. but if the track record on medical testing doesn't alarm you then maybe wal-mart c.e.o. doug mcclellan's promise to open up wal-mart parking lots the drive through testing will not just from a logistical standpoint but because we all know that was less about stopping the spread in morning attempt to have some good news come out of a wal-mart parking lot for what it's a place where even a christian family band got into a fight with the police to be fair that did happen outside the wal-mart what's happening inside is a new program planned for over $1100.00 stores called the great workplace initiative which will cut full time positions and consolidate multiple tasks into fewer jobs all failing to increase the average wal-mart salary of $11.00 an hour the retail worker advocacy group united for respect obviously felt disrespected and protested outside a wal-mart heiress alice welcomes new york city penthouse last month noting this is been wolverine's plan al

the only way this partnership makes sense now is the quest diagnostics is actually owned by johnny quest and my comment is race fan it. but if the track record on medical testing doesn't alarm you then maybe wal-mart c.e.o. doug mcclellan's promise to open up wal-mart parking lots the drive through testing will not just from a logistical standpoint but because we all know that was less about stopping the spread in morning attempt to have some good news come out of a wal-mart parking lot for what it's a place where even a christian family band got into a fight with the police to be fair that did happen outside the wal-mart what's happening inside is a new program planned for over $1100.00 stores called the great workplace initiative which will cut full time positions and consolidate multiple tasks into fewer jobs all failing to increase the average wal-mart salary of $11.00 an hour the retail worker advocacy group united for respect obviously felt disrespected and protested outside a wal-mart heiress alice welcomes new york city penthouse last month noting this is been wolverine's plan al

partnering with florida highway patrol, broward county parks and, city of pembroke pines police, quest diagnostics, memorial hospital. we will have 11 nurses, as well. fore are 800 sets of ppe the florida national guard. right now, we have about 1700 collection swabs. we want that up to remove -- to be able to get to more people there. as we get more swabs, we will expand this. our hope is to have this finished sometime today. what memorial is going to do is when the patients contact, memorial will take the information, identify the symptom, and say you show up at this time, we are trying to make it orderly and make sure people can get in and out. we don't want people waiting in line for four hours. hopefully we will have an announcement about all of that sometime tomorrow and look to start by the end of the week. i would caution people on this. the states that have tried this, many have not worked out, because the expectations were unreasonable. i want people to be measured. we are looking at first responders, and health-care workers, seniors 65 and over with symptoms, and people with underlying

quest. diagnostics this thank you thank you very much thank you mr president so as mentioned we recalled the leadership of the vice president last week to come together as an industry and we took advantage of that opportunity work with the f.d.a. to work with the center for disease control and we are up and running with the test in a number of our facilities as the president mentioned we now have capabilities and roche diagnostics that we will bring into our facilities this weekend and i know myself and us my colleague will be doing the same so the capacity available to american public to support this action with consumers will be considerably increased the next few weeks thank you mr president next year we should. and matt sauce please have rush. thank you ma'am. thank you mr president. so from roche we want to thank the f.d.a. for their rapid approval of our coronavirus tast. we really appreciate the partnership with the c.d.c. and the f.d.a. to get that to market as fast as possible because it's critical for us to make that available to help patients in need and working with laboratories

the only way this partnership makes sense now is the quest diagnostics is actually owned by johnny quest and my comment is race fan it. but if the track record on medical testing doesn't alarm you then maybe wal-mart c.e.o. doug mcmillan's promise to open up wal-mart parking lots the drive through testing will not just from a logistical standpoint but because we all know that was less about stopping the spread and more an attempt to have some good news come out of a wal-mart parking lot for what it's a place where even a christian family band got into a fight with the police to be fair that did happen outside the wal-mart what's happening inside is a new program planned for over $1100.00 stores called the great workplace initiative which will cut 0 full time positions and consolidate multiple tasks into fewer jobs all failing to increase the average wal-mart salary of $11.00 an hour the retail worker advocacy group united for respect obviously felt disrespected and protested outside a wal-mart heiress alice welcomes new york city penthouse last month noting this is been wolverine's plan

e private lab such as quest diagnostics are now also screening samples for the virus. >>> joining me e w by sk from washington, dc, silicon valley congressman. thank you so much for taking the time. >> thank you fohaving me . >>'s as you know the entire state of california is now under this shelter in place order, yet the virus continues to spread around the nation. you are in the nation's capital, i'm curious what kind of insight giyou can us to what the conversations are like among members of congress. doesn't feel like both parties are eataking this and are there to work together on this? >> there is no urgency, there is an urgency first to get medical supplies out, our heroes are doctors, nurses, healthca providers. we ne get them sufficient sks. we need to make sure they have sufficient hospital beds, and that we are mobilizing the army corps of engineers to help build the capacity. we need to make sure they ve in aventilator's, i'm glad the president has finally invoked the production act and we need to adequately fund that, so that we can get these medical supplies. the second

labs like lap core and quest diagnostics are now making more available. the white house is still claiming there may be 2,000 labs ready to process 2 million tests by the end of the week. >>> google still has some kinks to work out in its brand-new coronavirus testing website. as we were reporting all morning long yesterday on "today in the bay," google launched its project baseline service only for those in a 50-mile radius of san mateo and santa clara counties. it's meant to link people with symptoms to drive-through testing sites. yesterday was difficult with the site quickly overloading. president trump last week touted the new service, believing it would soon roll out nationwide. >>> leaders in san jose and san francisco will meet to discuss new funding for small businesses to help prevent evictions. san francisco supervisors are also talking about more funding what has to be done with a city now sheltering in place for the next three weeks. >>> three new school districts say they will provide free meals for children during the shelter in place. in th

we're also working with private labs including quest diagnostics in our health network and that, again, is a dynamic in challenging. quest lab turn-around is three to four days and we're working to ensure that we get people tested who need to be tested. other test companies are telling us they don't have the capacity to except other tests and so forth. another part of this that we're working on are the partners with the ucsf, they're developing their own tests and it's exciting and i think it's a key part of the puzzle. they're working with global limitations with reagents. so, for example, on friday, i was informed that ucsf was going to be able to perform hundreds of tests a day, not just for gph, but through the ucsf system but then today, i'm told they can't get started because they don't have sufficient reagents. so they have the tools. so there are multiple different strains of testing and each strain has its own inherent challenges. we have such a national shortage of supplies and i have to say that we were short of things like swabs. we're short of things like swabs. so i have

it is following closely, one of my health center colleague simeon article that talks about quest diagnostics see his mate lab core made it available for ambulatory care facilities. also a request came on later in the week, those will be able to be done directly at the health centers. up to this point you've had to go to special labs, public health labs are academic labs. the challenge now is to actually see that too into place. that's what we are waiting for, how to actually get the test kit, how do we send those in? what's the turnaround time? "a three to four day turnaround. but then howow do we pay for it is very important. david mentioned these are essential benefits at her medicaid and medicare we want to seeth of that actually looks like, if we can bill for this and recoup the work we use for these tests. >> how many workers you have question for 21400 nationwide. there are over 2000 employees. so are they trained on giving these tests and going through all of the proper protocols customer. >> i think that is why the health i centers are very strategic in a unique partner and responses

we have expanded testing available because two of the large commercial math lab systems and quest diagnostics has that capabilities. >> we'll get a better understanding of the poll extent of this epidemic and the united states. this is going to be a challenging week both for the american people and the white house because we almost certainly will see a steep rise in the number of cases and there is a good chance that we'll see new areas where the epidemic is reaching. so i think what's going to be really important also is how the white house manages this and hopefully it won't be business as usual in terms of some of the messaging we have heard. >> also, considering the world health organization said it could take up to six weeks to recover from the coronavirus. this is something that's protracted and i wonder if that timeline of six weeks, does it surprise you at all? >> well, you can be respiratory illnesses when they are severe. it can take a long time for the body to heal. you can have a lot of not only the virus but also your inflammatory response to the virus. if you are actually sick a

ask you because this is what the white house said, collaborating now, so collaborations with quest diagnostic and lab corp. would they be able to process results? >> absolutely, quest, lab corp. as well as major health centers and public health departments so we can have testing immediately available at very large scale. all of these are important efforts but how can we have them implemented not some time in the future. arthel: that's an excellent question that apparently you don't have the answer to and i don't think anyone has been able to provide that answer. in the meantime, you know, some people have not grasped the importance of social distancing. if you could paint a picture for us to make us understand why social distancing is so critical. >> so i think that there are 2 or 3 critical elements to social distancing. one is that this infection in some and perhaps many maybe sub clinical or have almost no symptoms, therefore, i don't know when i should diminish my activity to not infect you and that makes this very hard to contain and number 2, we need to as many are talking about blunts

we're also working with private labs including quest diagnostics in our health network and that, again, is a dynamic in challenging. quest lab turn-around is three to four days and we're working to ensure that we get people tested who need to be tested. other test companies are telling us they don't have the capacity to except other tests and so forth. another part of this that we're working on are the partners with the ucsf, they're developing their own tests and it's exciting and i think it's a key part of the puzzle. they're working with global limitations with reagents. so, for example, on friday, i was informed that ucsf was going to be able to perform hundreds of tests a day, not just for gph, but through the ucsf system but then today, i'm told they can't get started because they don't have sufficient reagents. so they have the tools. so there are multiple different strains of testing and each strain has its own inherent challenges. we have such a national shortage of supplies and i have to say that we were short of things like swabs. we're short of things like swabs. so i have

quest lab would pick up the test. is that correct? she is in new jersey. >> yeah, that's correct. getting the again, the spirit of america, when vice president met with all of the major diagnostic companies, they didn't come there as individual companies. they said we're in this together. how can we step up? they're all moving up, quest and labcore being the biggest. they're all -- they're activated their entire system in. the kick will come in when they're able to transform to to the platform that we developed, to what we are calling the high through put system. they're working hard to develop that, like new york state was validated yesterday, chairwoman. so they're up and running with the high through put flat form now. >> also quarantine is with those exposed but not yet sick. if someone in quarantine gets sick, do you switch them to isolation on site or move them to a private hospital? what happens? >> if they get sick, and someone is in self-isolation or quarantine at home, they're being monitored for symptoms, if they do become symptomatic, they get a comprehensive medical evaluation, and then obviously either return to home isolation if that's the medical appropriate dec

having 4 million tests available around the country and i've checked several labs, by the way, quest diagnosticeveral universities will begin testing today. we'll see a lot more tests being done. heather: they were also being tested on the ship. >> absolutely. we should be seeing that over the next day. that's also crucial, the point we've just made. you don't want people on the ship remaining that have the coronavirus. heather: very important to point that out. that is being handled in the most appropriate way it can be. let's talk about what italy is doing, locking down a quarter of its population under a month-long quarantine. are these drastic measures necessary? >> the cases are rising in italy. it's over 7500 cases right now, over 350 deaths. it is a draconian measure. i have to tell you the truth about this, it's never been proven that locking down an entire region of 16 million people actually works. people panic, supply lines are cut off, people that are medically ill don't get the care they need as quickly as they should. there's huge downsides to this. when you reach that point, it's

despite efforts by quest diagnostics, lab core and medical centers around the country the tests remain largely unavailable. many of the labs are not performing the tests themselves but are relying on outside doctors and hospitals to provide the specimen. cbs health is entering the fray and the fda approved a more rapid test. more to follow as the government tries to reassure the american public. in 2009 during the swine flu pandemic we had tests for the flu, that could be recognized and treated clinically by doctors and nurses but for this novel coronavirus the treatment and vaccine is still a long way off. shannon: the house of representatives could vote on emergency release for the coronavirus crisis. let's go to capitol hill, chad program is standing by. where do we stand? >> i literally just spoke to jim mcgovern, democrat massachusetts, chair of the rules committee and said what are we going to vote? he said they are still drafting the bill. we do not have a bill text yet though we don't know the cost of this bill that most members of congress will vote, this will pass by an overw

look at your screen, walmart, google, walgreens, target, cvs, quest diagnostics, signify health, lab core are all playing a role here. here's what you need to know, with the help of google's parent company a brand-new website is being developed where americans can go to determine if and when and where they should go to to get a test for coronavirus. 1700 google professionals working on that. new drive-through test sites are now in the works, this will drastically reduce the spread of this virus and future viruses. hospitals, frankly, are in many cases where many people become infected. one fully up and running, this will also take much needed pressure off of hospitals and leave beds open to those that are most in need in the coming days they will be setting up a parking lot of big-box retailers like target, walmart and other big stores. there is a rapid new way to test for the coronavirus, according to officials results from the new test kit should take around 24 hours. with just one stroke of a pen, all the bureaucracy, all the approvals, it happened in hours. this is only but one f

. >> i think it's a great question i'm buying quest diagnostics dgx. the market has swiftly recovered over the last three days i'm just managing the risk i look at where we are right now from a valuation standpoint. i think about the risk that i had three days ago relative to the risk that i have today the multiple head winds and the multiple tail winds and i identify, okay, my risk assumption might be slightly higher than i'm comfortable with and i need to make adjustments to that. >> lindsay, i'll give you the last word and then we'll take break. >> i think the tech conversation is interesting because technology has been able to hang in there throughout this downdraft in this bare market. they are seeing their manufacturers return to full production they are also seeing smart manufacturing volume recover it talks to the recovery you're starting to see in china and gives us a little peak into what it could look like for us whn we get to the other side of this. >> okay. we'll take a quick break straight ahead, one retail analyst, so much to talk to mat

quest diagnostics said the lab's current turnaround time is an average four to five days but can be as long as seven days and although the company is rapidly expanding testing capacity, demand for the testing is growing faster and we cannot accommodate everyone who wants testing and meet tight turnaround time expectations. it's just the latest issue in a long list of disastrous delays of testing since coronavirus first arrived in the u.s. >> that lack of testing is preventing us from understanding the true spread of coronavirus in communities. it's almost certain that not only in new york and the identified hot spots but all over the country there are significant underestimates of the true number of coronavirus cases. >> reporter: first there weren't enough test kits, then there was a shortage still ongoing in the supplies needed to conduct the tests. now the critical delay, which is having a dangerous effect in hospitals and other health care facilities, is delays in getting test results. >> the turnaround time can save personal protective equipment. that's probably the most important

private sector labs including roche, cleveland clinic, and quest diagnostics have developed their ownests and have partnered with the trump administration. matthew binnicker of the mayo clinic headed the team that worked around the clock to come up with a test kit in just three weeks. >> we realize that the public health infrastructure wasn't going to be able to accommodate all the testing that was going to be needed and clinicl laboratories would need to participate. >> reporter: hospitals across the country are bracing for a surge in patients, while emergency rooms are already overwhelmed with people worried they have the virus. >> we are probably at the tip of the iceberg at this point in terms of what we are going to be seeing in emergency rooms over the next few weeks. >> reporter: and medical experts also worry if we continue to see a dramatic rise in cases, it could lead to a shortage of hospital beds and equipment like ventilators. in the worst-case scenario, lead to rationed care. dana? >> thank you. >>> early this morning, the president's travel ban began preventing entry fo

there's some hope, quest diagnostics launching a service to test for it. ld be conducted at hospitals and doctor's offices and samples will be sent to quest for analysis. earlier this week president trump met to discuss increasing the availability of diagnostics. cheryl: we're going to have more on this later on in the hour. or lines are taking a major -- airlines are taking a major hit amid the coronavirus outbreak. executives are doing what they can to cut costs. they're waiving change fees for new bookings, cutting fares in an effort to attract travelers. bookings are certainly down for all the major players. united, jetblue are slashing services and offering leave to workers and there are those stocks as you can see, a lot of red arrows. lauren: costco is seeing an increase in business. sales benefited from an uptick in demand in the fourth week of the reporting period. shoppers are stocking up on essentials over fears of coronavirus. cheryl: many stores are experiencing supply shore stage -- shortages, hand sanitizer and toilet paper. kroger is limitin

quest diagnostics said the lab's current turnaround time is an average four to five days but can be as days. although the company is rapidly expanding testing capacity, demand for the testing is growing faster and we cannot accommodate everyone who wants testing and meet tight turnaround time expectations. it's just the latest issue in a long list of disastrous delays of testing since coronavirus first arrived in the u.s. >> that lack of testing is preventing us from understanding the true spread of coronavirus in communities. it's almost certain that not only in new york and the identified hot spots, but all over the country there are significant underestimates of the true number of coronavirus cases. >> reporter: first there weren't enough test kits, then there was a shortage still ongoing in the supplies needed to conduct the tests. now the critical delay, which is having a dangerous effect in hospitals and other health care facilities, is delays in getting test results. >> quick turnaround time can save personal protective equipment. that's probably the most important thing right n

. >>> steven, quest diagnostics. please. great job. >> thank you very much. thank you, mr.resident. as mentioned we were called by the leadership of vice president last week to come together as an industry and we took advantage of that opportunity to work with the fda, to work with the centers of disease control and we were up and running with tests at a number of our facilities and as the president mentioned we have tests from roche that we'll bring into our facilities this week. the cap patsty available to the american public to support this action with consumers will be considerably increased in the next few weeks. thank you, mr. president. >> thank you very much and matt from roche. thank you, matt. >> thank you, mr. president. so from roche, we want to thank the fda for their rapid approval of our coronavirus test. we really appreciate the partnership with the cdc to get that to market. because it's critical to make us that available to help patients in need and working with laboratories to get it up and going in the near future which will brings tests available to pat

importantly from a market perspective, he was flanked by best in class business leaders, from quest diagnostics to cvs, walmart, targeted, the biggest stake holders. so now the president created this partnership to address it and the market likes it. as far as volatility goes, the question is are they going to deliver? we don't know but the market likes the plan. >> obviously this is going to take a toll on a lot of americans, perhaps no one more than your restaurant workers, uber and lift drivers, the hourly workers, are they the hardest hit by this? >> without a doubt all the advice we've been given, which is to stay home, cancel almost everything, changing most aspects of our daily lives, that hurts our economy. we're a service based economy. so all the jobs you talked about, when people are staying home, we're not out spending, getting our hair cut, going to the gym. that's going to impact things. by the house bill you talked about is going to be a first step to address these things. >> a lot of people hoping the senate signs that soon so the president can get moving on it thank you, stepha

in addition, there is labcorp and quest diagnostics that provide testing.o pleased to announce something that is happening as we speak right now. it's the first drive-through testing facility. i am pleased to announce that mayor nuremberg in the city of san antonio and his team are opening the first drive-through testing facility in texas. this has been a swift advancement with the combined effort of the city of san antonio, city manager eric walsh, metropolitan health district director dr. don emerick, fire department chief charles hood, southwest texas regional advisory council, executive director eric eppley, ut health san antonio president bill heinrich, and university hospital ceo george hernandez. this facility is opening at this moment. it will initially be for first responders, health care workers, operators of critical infrastructure, and key resources, and certain high-risk patients. since they've only been open quite literally a few minutes, it's too seem to tell how many people he will be able to test each day. we've been working with the cities

we should say quest hit an all-time new high earlier this morning. co-diagnosticscharging straight ahead. this as another major name in the market is claiming it's immune to the outbreak. kroger shares hitting their highest point in a year, jumping 8.33% after the grocery giant said the coronavirus did not pose a risk to its full year guidance. the supermarket chain sourcing most of its products domestically so they are able at least for the moment to stock their shelves. kroger, by the way, beat on earnings and revenue estimates for the fourth quarter. it stands right now up $2.60 to $33.56. now we have about 11 minutes before the closing bell rings. nasdaq down 287. the dow is fluctuating between down about 980 points and down about 1100 points. at the moment, it's 1,006 to the downside. it is not just the dow, s&p and nasdaq tumbling. let us look at the russell 2000 and dow transports. we paired them together because as far as percentages are concerned, they are really plummeting here. the transports, as we mentioned, have just gone below 9,000. 8,994, down 5.33

we're also working with private labs including quest diagnostics in our health network and that, again, is a dynamic in challenging. quest lab turn-around is three to four days and we're working to ensure that we get people tested who need to be tested. other test companies are telling us they don't have the capacity to except other tests and so forth. another part of this that we're working on are the partners with the ucsf, they're developing their own tests and it's exciting and i think it's a key part of the puzzle. they're working with global limitations with reagents. so, for example, on friday, i was informed that ucsf was going to be able to perform hundreds of tests a day, not just for gph, but through the ucsf system but then today, i'm told they can't get started because they don't have sufficient reagents. so they have the tools. so there are multiple different strains of testing and each strain has its own inherent challenges. we have such a national shortage of supplies and i have to say that we were short of things like swabs. we're short of things like swabs. so i have

we're also working with private labs including quest diagnostics in our health network and that, again, is a dynamic in challenging. quest lab turn-around is three to four days and we're working to ensure that we get people tested who need to be tested. other test companies are telling us they don't have the capacity to except other tests and so forth. another part of this that we're working on are the partners with the ucsf, they're developing their own tests and it's exciting and i think it's a key part of the puzzle. they're working with global limitations with reagents. so, for example, on friday, i was informed that ucsf was going to be able to perform hundreds of tests a day, not just for gph, but through the ucsf system but then today, i'm told they can't get started because they don't have sufficient reagents. so they have the tools. so there are multiple different strains of testing and each strain has its own inherent challenges. we have such a national shortage of supplies and i have to say that we were short of things like swabs. we're short of things like swabs. so i have