the deal will help build roche's lineup that treat hemophilia roche is paying 144 a share for spark more120% premium to friday's closing price shares of spark, well, they're spiking on the deal. >>> kraft hines may be brewing up deal for maxwell house. sources tell cnbc the company is reviewing its options for the coffee business that includes a possible sale. maxwell house could reportedly fetch upwards of $3 billion. craft hines has declined to comment so far brian, back over to you. >> frank, thank you very much. >>> now a check at the other top headlines outside of the world of money and business. francis rivera in new york with those. good morning. >> good morning to you, brian. heavy rain has led to severe flooding in the southeast and a state of emergency in tennessee. police in knoxville say a man died after driving into flood waters the rain has caused multiple mud slides further south, in columbus, mississippi, a tornado killed 41-year-old woman and left a path of destruction. the twister smashed into a commercial district causing extensive damage to a church and multiple busin

because of that we might see weakness on the open for roche. give them exposure to the new gene therapy, what is hot. but investors might be hesitant based on how much of a premium. this is more than we have seen in past deals. matt: a lot of m&a to talk about. what have you got? italia.ng at telecom the next battle with vivendi and the hedge fund on the other side. vivendi published the document suggesting that a shareholder should vote to replace board members in the meeting next month and replace them with people -- the only way to create a credible trust of all shareholders. italia stockecom continues. you are back in london and looking at persimmon. it is the uk's biggest homebuilder. they may not be allowed to use extended help to buy programs. many say the stock could fall 5%. this allows interest-free loans to purchase a new home. now the times is reporting allegations of poor standards and hinted charges. potentially we will be looking at other u.k. homebuilders. matt: a lot going on in these markets. thank you very much for joining us

roche could begetting a lot from this deal. guy: is roche done? >> it does not seem like it.d that they are looking to do more deals, perhaps in the gene therapy space, and of course we have seen other players moving to the upside today. uphave eunuch or -- unicruure and other movers. that is completely dwarfed by the move we have seen from spark, up 137%. vonnie: thank you. time for our latest bloomberg business flash, a look at some of the biggest stories right now. gold taking a big step. trading the largest gold producer. the canadian minor at $17.8 billion, an offer for its american rival. the value is at a percent less than friday's close. and earlier, the ceo blasted talks about a takeover as a desperate and bizarre move by barrick. we spoke with both ceos in the past two hours. and a floating smartphone to challenge the one unveiled by samsung. it unfolds into a tablet like the galaxy fold and it will cost $2600. the market is slowing and manufacturers have been searching for ways to convince consumers to upgrade devices. and that is your business flash. warren buffet

roche seems to be in the game. >> yeah, yeah. so i think there are three or four major players i think data points suggest are probably still in the mix and like i said there's probably another bidder for spark. one of those is obviously novartis which acquired one program last year. and i think then novartis to partner with spark on the approved retinal opt molg drug and a player looking to add more secondly was pfizer which did a gene therapy acquisition and interested in orphan gene therapy players and i wouldn't be surprised of biogen or others interested in orphan plays and some of these new cutting edge technologies and they have the cash to do it. >> michael, there's not an outcry but eyebrows raised when the spark last year at almost half a million dollars a year for the treatment. we have a hearing tomorrow i think of drug pricing on capitol hill are the companies able to defend those prices given the kinds of treatments we are talking about and cost of researching the therapies, or are those prices too high and are we g

roche is betting on the future of gene therapy.ed to buy spark therapeutics. that would give roche one of the first -- by a fix for defective genes. upon joe's goldman -- pelat on chose goldman sachs and balaton --e -- pelaton cells exercise bikes with tablets attached. alix: time for bother the lead. it is a deep dive into stories making headlines and moving markets. today we will look at the state of water utilities. last year saw more than 72 water utility deals globally. aqua america is one of those countries, announcing a $4.2 billion deal. joining us is chris franklin, aqua america ceo. aqua america serves over 3 million people in eight states. thanks for being here. give me the state of the business and why that natural gas deal was interesting. chris: most people think about natural gas and electric together. the similarities are between water and natural gas. are pushing a natural product, either gas or water, in to a customer's home or business. the businesses are similar. it took people while to understand that. alix: wa

about the big names of the moment faces it's also about the special advisors my guest this week friend rochea former national security advisor to president obama after two years of chop house while fuz obama's legacy holding out conflicts sophie thirty minutes coffee double . hundred small fiends in my hands. when i come from abroad your remains an important soft transmitting and for mission and when i was young my country was drawing many compliments the war problem of people most people would cause them. to see. it was my sole took to mean one of the not just save souls not everyone in the town. in the same tones again. nothing has been fermented my known comedy had into months more of them along even not by us i was into a. my choice in this car if i was given their way to transport troops. and in the grass mom match and i would. did have. an enchanting lift. at any time any place using names. yet i don't like the classic song to sing along to you used to come from soup. for. interactive exercises. everything is online via an interactive gem interface with the deluge. of. the israeli prim

about the big names a moment faces it's also about the special advisor my guest this week to spend roche a former national security advisor to president obama after two years of trucks cars while he is obama's legacy holding out conflicts so few minutes on the double. slit. carefully. don't know the soon. to be a good. match. discovered. subscribe jim documentary on you tube. i'm scared that the volume. and in the end it's a me you're not allowed to stay here anymore we will send you back. are you familiar with this. with the smugglers with lions. what's your story. i mean when i was a women especially a victims of violence. take part and send us your story we are trying always to understand this new culture. another visitor another guests you want to become a citizen. in for migrants your platform for reliable information. this is d.w. news live from berlin and donald trump's former attorney gives a damning indictment of the president to congress. is a resource. use of congress. confusing. michael cohen unleashes a torrent of allegations the white house says they're all lies.

. >> we have roche buying spark therapeutics.naher for $21.4 billion, takes ge's stock up 4%. we know it's no longer a dow component. it is at $10.62 a share. we'll keep following the impact here. our top story this hour right now is the deadline has been he delayed for the president to put tariffs, higher tariffs in place on china. president trump postponed an additional round of chinese tariffs, originallied scheduled to kick in on friday. the commander in chief offering investors an optimistic outlook for a deal, tweeting this over the weekend, he said i am pleased to report that the us has made substantial progress in our trade talks with china on important structural issues including intellectual police iy protection, currency and many other issues. as a result of these very productive talks, i'll be delaying the u.s. increase in tariffs now scheduled for march 1st, assuming both sides make additional progress. we'll be planning a summit for president xi and myself at mar-a-lago to conclude an agreement, a very good weekend

you put china to the side many may be worth a lot more than their stocks are currently selling more roche paid a 120% premium for spark therapeutics with a lot of hope and some hype about curing genetic diseases down the road roche paid more than $4 billion for this and while it's not all that much in the scheme of things it's part of a pattern. eli lilly, glaxosmithkline, novartis have made multibillion dollar acquisitions in the biotech space and companies many left for dead in the fourth quarter. that consolidation is a real positive for the stock market. it tells us some bioteches may be way too cheap oh, and if that's not enough, don't forget barrick gold who used to run rand goal, you know what, the new one is making a hostile $17.8 billion all stock bid for newmont mining this m & a action is a sign the companies may be more valuable to each other than the stock market itself and to portfolio managers so bearish. however, the situation mays mrout, barrick is my favorite way to play. my second way to win, the financials, they did great today. in particular the big investment banks t

that's a premium of 1 2% now we will be speaking to roche ceo at 11 cet.in for that first-on interview. >>> in the chemical space, german chemical's firm posted a sharp decline and blamed higher costs. the group said 2019 earnings could be half the level of those last year. they announced that margins have been unusually high for the past two years and that they will drop significantly in the coming year now just to put that into context, one of the most cyclical chemical sectors, certainly sends some signals around the cyclicality and where we are in the cycle. now, switching gears, persimmon is under pressure. the reuters reports british housing minister james broken shire has, quote, increasingly concerned by a so-called help to by program it helps buyers purchase homes with a small deposit it poor workmanship and rising leasehold charges were responsible. persimmon declined to comment on the reports. >>> and the uk prime minister theresa may has pushed back the date for a vote in parliament on brexit deal until at least march 12th the so-called meaning

we interrupted you because we had headlines on roche, but you have a cracking lineup in barcelona.es, i do. i will be talking to the turks sell ceo. he is on the board of the industry body that will have met over the weekend to set the priorities for the next year, no doubt the topic of huawei will come up. i will talk to the deputy ceo of orange and also the telefonica ceo or let me get to the markets as well. in terms of the risk on rally, your ability of that -- yes we have had that deadline extended, but isn't that what people were extending -- people were expecting? what will the enforcement look like in terms of futures are shaping up? u.s. futures are up. yen is ever so slightly big. we are trading at 110 .59. and when you see equities at, seeing a clear picture of risk on there. let's check in on the markets of asia. juliette saly has more. it looked like asia has jumped on the risk rally bandwagon. it has great whether or not it is kicking the can down the road, it is a risk on day in asia. look at the see if x300. -- this is not a standard move. it is the biggest one-day

about the big names a moment faces it's also about the special advisors my guest this week friend roche a former national security advisor to president obama after two years of chop house while fuz obama's legacy holding up the conflict so for thirty minutes. i'm. raring to meet. not everyone who loves books has to go insane. d.w. literature list a hundred german must reads. nixon river continues. to. know their stuff. curves will be good morning stephanie. chats with musicians from around the world. every week on w. what's the connection between bread. and the european. guild motus e.w. correspondent and avid baker crap. in mexico about recipes for success and strategies that make a difference. baking bread. d.w. . this is the day of the news coming to you live from berlin donald trump cut short a much hyped summit with kim jong il and. for this particular visit we decided that we had to walk and we'll see what happens trump says he refused to ease sanctions on north korea in exchange for the country's denuclearization was the meeting then a waste of time also coming up. response to hi

spark therapeutics soaring after roche announced plans to buy the company.treatment for blindness and they expect it to help with the gene therapy treatments as it competes against rivals such as novartis of course, active in that space, as well. jumped hugely, 120% and some of the other gene type therapy companies rising off the back of this a lot of activity off the back and up 120%. >> i think many competing sort of to come up with a new gene therapy for hemophilia specifically but wow. 120%. >> yeah. >> you don't see that often. >> particularly fight back by roche. >> exactly. >>> karcarter's soaring today, also, after a beat on the fourth quarter eps and revenue before the bell today the company saw an increase in the e-commerce sales and better than expected outlook for the year saying this is one of the highest specialty names of e tail carter's sold in 17,000 stores in the u.s. and they have exclusive lines at target, amazon, strong growth in the quarter and a good name here across the board even though some of those numbers below last year and beati

stuart: roche is buying an american company, a gene therapy specialists.. they're paying $4.3 billion for it. here is the important part. spark is working on treatments for heem meal yaw, huntington's disease, and pompe, that is a disease that causes blindness. >>> kraft-heinz, we keep telling you had a rotten week last week, terrible friday, dropped to an all-time low. no improvement this monday. they're down another 30 cents at 34.65. >>> "the wall street journal" is reporting that several apps have stopped sharing data with facebook. liz, hold on a second, what information were these apps sharing with facebook i don't know about? liz: sensitive personal health information, like weight, your heart rate, visit to the doctor, anything you put on a health app was being siphoned off by facebook, even if you were not a facebook user. so now you have four apps saying hey, we found this out, their popular health and fitness apps, four of them "wall street journal," says we're going to stop this. we'll not give facebook the information. what was facebook doing w

destructive force key more roach crashed a one hundred thirty two all out in their second innings in antigua roche the player of the match with eight wickets all up the windies easily getting the forty runs needed for a ten week when they were up to nil in the series with one more would taste to come . a little bit more rock solid in their cricketers or england's rugby stars they've defeated the reigning champions ireland thirty two twenty in the six nations center henry slade schooling too late tries it was england's first victory in dublin for six years ending arlen's fourteen game winning run that. a sports team love the story it's like the luge but on your feet it's called crash the ice an extreme school that involves skating in an urban environment on a track that includes. people drops of course behind the event the canadian main one in finland the u.s. for the women. that's all the sport more coming up again later we'll see you later thank you for that update thanks for watching the news. right here on al-jazeera. faced with growing financial burdens have to separate money for student loan

destructive was it came our roach as england crashed to one thirty two all out in their second innings in an roche the player of the match with eight wickets all up the windies easily getting the fourteen runs needed for a ten wicket when they're up to nil in the series with one test for me. more rock solid than their cricketers are england's rugby stars they've defeated the reigning champions ireland thirty two twenty in the six nations center henry slade scoring two late tries it was england's first victory in dublin for six years and in ireland's fourteen game winning run at home the next one is going to be better than standing on the yeah i would say it's still growing. in the ramp east side when looking forward why didn't that look. when we put together when there's no real you know we never going to have a purcell's we never thought about where the finished article does he want to strive to be better and this is no different now you know this is a supposed high you respond when the term and whether it's a bump on the road or whether it's itself more like a i don't know what but the group of

destructive with chemo roach as england crashed a one hundred thirty two all out in a second innings in mt roche the player of the match with eight wickets all up the windies easily getting the forty runs needed fourteen wicket when they're up to no now in the series with one test remaining. from the caribbean two winter sports now and there's one name dominating ski jumping right now norway's a limbic champion model the one for the second day in a row in hinson in austria at fifth consecutive f.i.o.s. ski jumping world cup victory putting away clear at the top of the standings and sticking with dangerous winter sports this one is called crash to ice an extreme sporting event that involves downhill skating in an urban environment on a track that includes steep turns and high vertical drops of course red bull is behind this event the canadian one in finland u.s. on top for the women. and the interesting sports just keep coming here is some action from an indoor skydiving competition in italy this is fourteen year old american kaylee wittenberg showing off her acrobatic skills at the wind games in

about the big names of the moment faces it's also about the special advisor our guest this week friend roche a former national security advisor to president obama after two years of chop house while fuz obama's lead. this is holding up complex. belgrade are the people are angry. or upset about serbia's populist conservative government. claiming the traditional. player. to play. the game sixteen of. the. players. with the senses. recognize and experience the inexpressible. cultural magazine. arts twenty one. g.w. . the annual security conference here in munich isn't just about the big names and well known faces it's also about the special advisers who crossed global policies and what the secret caught up my guest this week is one of the these ben rhodes and former national security advisor to president obama after two years of the presidency how well is obama's legacy holding up.

colombia becoming a key and we've seen the european nations which have usually have sensitive so except roche share in the consumer trip also recognize quite daughter nicole i'm not sure it's a go so what do it does look increasingly isolated the way we've been reporting that we've been trying to figure out what's going on inside china and russia biggest allies month or so has and how their position is changing you know the government both have big investments in the country and both want to reduce favorably on the other hand and extent that the economic crisis makes the center untenable. that perspective is seen here online as well this is one person who says of the jobber on twitter he says the u.s. involvement is geared toward serving the interests of big western corporations and stealing the oil wealth of venezuela the world's largest which the socialist model has prevented so far so we see a lot of tweets like this but this second comment we got from someone who tweeted in is a little bit of a nuanced view that we don't see as often he says even though america always plays double standar

some of the big farmer stocks have done well, which is worth paying attention to, roche is a big feature that landscape. some individual names today, but show you what has been going on. isrgy, down by 4.2% -- this the former gdf stock. we will talk to the ceo in a moment. they came out with a three-year plan today, but the market not convinced it got enough on that front, but we will find out the story in a moment from engle sa. and ab inbev sounding positive today in terms of their outlook, the stock market responding to that. and we have seen some very big reactions in the other stocks as well. coming outfor aml, with a negative outlook today. and let's talk about the average volume. a veryt we find here is negative story. after my look onto had a bad session. volume really standing out in terms of the rates for the end of the session, but a much in line with the average story, as you can see. at the end of the month, volume today is actually ok, what you normally expect as people. reposition. that is a look at the european close and of the month, a fairly positive story. vonnie: sell

everybody loves roche.everybody >> alphabet is down 24 cents >> of course i knew that the idiots would sell it. morons sold it down 40 last night because everybody has every right to be morons, nothing in the constitution that forbids that and the day traders who didn't even listen to the conference call don't even realize how much money they're making, and ruth porat has to -- they have to listen to those hecklers, the heckler analysts, hecklers what what is so funny >> you are you're funny i listen to you and i find you humorous >> i think ruth porat is fabulous i said it. okay i think she's fabulous she doesn't have to take this nonsense from these people >> t-mo and sprint continue to try to seek approval for their deal to get together. >> did you see register's cookbook >> i did t-mobile telling the fcc in a number of filings that came out it would freeze most prices for three years if it does get approval for the deal. >> okay. what do you think of that? >> i don't know. i mean -- >> they have great n

what we really seem is decent performance out of the big pharma stocks like roche, which have reallythat swiss outperformance. we are counting down towards the european market close. this is bloomberg. ♪ guy: live from london, i'm guy johnson. vonnie: in new york, i'm vonnie quinn. this is "bloomberg markets." rolls-royce is our stock of this hour. stocks down. emma chandra is here. explain. see more than 50% of rolls-royce's business pulling out of the race to build the industry's only new aircraft platform is it a good they blow -- platform as a bit of a blow. rolls saying the new engine technologies just wouldn't be ready for the targeted delivery date of putting putting five, and the ceo -- of 2025, and the ceo saying they would rather pull out then screw up the launch. they also said they had taken 1.3 billion pounds or $1.7 billion in charges. they also missed some delivery targets, so that is why we are seeing one of the worst performers in the ftse 100 today. guy: one of the reasons he may have used that leg which is because they have engine issues on some of the other progra

. >>> here's some other headlines making news this morning roche acquired spark therapeutic for $4.3 billion. they were competing with another unknown bidder for the biotech company. three people on-board an amazon prime air cargo plane that crashed outside of houston on sunday have been confirmed dead. the boeing 737 went down in a swampy area. meteorologists have suspected that weather could be the cause of the crash. bayer is back in court today to face another lawsuit alleging the popular weed killer roundup causes cancer. six months ago a california man won a $289 million verdict against the company in a similar lawsuit. they deny all allegations that roundup causes cancer. lyft could reportedly file for an ipo as early as this week. lyft has been racing with competitor uber to be the first ride sharing company to hit the public market. banks have pitched valuations ranging from $18 billion to $30 billion. and finally, president trump has set the date for a celebration of america. he tweeted hold the date, we will be having one of the biggest gatherings in the history of washing

roche is going to be buying this company.apy, it is going to help the treatment of hemophilia a. complements roche's efforts that are already under way in that area the purchase price is $114.50 a share in cash. you can take a look and see that that is quite a number 122% premium to the previous price of the stock on february 22nd that being friday. they do expect to close this in the second quarter of 2019 and, jim, just another example of some of the names that we don't typically hear about, about a $4.5 billion deal, where a large pharma company, merck, paid some -- it was a much smaller deal, but the premium was staggering, earlier last week and this one here is quite nice as well if you certainly -- >> and lily did a big deal the beginning of january that was another company that is speculative biotech. glaxo did one. it is almost like a lot of companies just feel like we got to get in this game. and they seem to be willing to pay any amount of money, given the size of the premium to get in the game. so you've got that d

roche would buy u.s.ased gene therapy specialist valued at $400 billion t will include a blindness treatment. in fact the first gene therapeutic, therapy aout there for 2,000 people in this country. they have a whole lot of projects on the drawing board for hemophilia and huntington's disease. that is huge achievement for philadelphia-based company. american know how again. >>> lyft could file ipo later this week. it could make a big splash at the debut. should you chase this or any of the unicorns on the first day of trading. >>> "oracle of omaha," warren buffett said concerns about his debt, has been overblown. he has changed. debt doesn't matter to the oracle! what does that mean? we'll be right back. i can't tell you who i am or what i witnessed, but i can tell you liberty mutual customized my car insurance so i only pay for what i need. oh no, no, no, no, no, no, no... only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ metastatic breast cancer is relentless, but i'm relentless too. m

the gene therapy firm being bought by roche. semi stocks are higher, but not that much.e gain of almost 10% this month oled and xp, and inindividuvinv leading the way higher goldman and citi among the notable leaders in that group. he thinks the sector still looks appealing. over to sue herera for an update >>> here's what's happening at this hour, vice president pence meeting with venezuela's opposition leader. the u.s. has recognized him as venezuela's president, and is pressuring nicholas maduro to step down. pence reaffirmed u.s. support at the meeting. >> president trump was pleased to welcome you to the white house a week ago but he sent me here to stand with you and to stand with our friends and allies in venezuela. >> the national weather service issuing a high wind warning for new york city and surrounding areas. dangerous winds started whipping through the big apple this morning, taking down power lines. the winds caused a ground stop that lasted for an hour. >>> the nfl says it will handle the alleged sex solicitation case involving robert kraft as it would an

businesses who partner with us , cisco and roche and genentech which we mentioned, and also to give them the actual hands on skills that the schools need us as partners to give him. >> what does an event like this -- how does this move forward? i mean at are built. how are those fostered moving forward between the students and the professionals? >> right, so what junior achievement does, we offer curriculums every week. that's happening every week, and with our capstone events, the hands on skills that they get continue with job and the mentorship opportunities. we also have internships, and if it happens organically than the students, as joey witnessed, she can connect with those businesswomen and reach out to them through you know, business cards and linked in, and then -- exactly, exactly. >> is what it is all about, connections, no matter what field you're getting into. heather small with junior achievement of northern california and joey ow from panola valley high, correct? take care. >>> and in weather, still a little bit of a break in the shower activity, but the rainfall will red

roche moving health care one of the sectors moving to the downside this morning. of the banking -- other banking names in there. despite the headlines, barclays and deutsche bank are selling. let's get a first word news update. olivia: theresa may is appealing to the conservative party to unite behind her brexit deal she is preparing to go back to brussels for more talks on eu leaders. but it could depend on if she at home.a united front meanwhile, airbus says a no deal divorce could be catastrophic, and are reconsidering u.k. investments. bill gates says capital gains is the best way to increase tax election dust tax collection from the wealthy.he says he is worried about the deficits, but increasing the marginal tax rate was not the answer because the wealthy could shelter incomes. president trump says last week's trade talks in beijing were very productive. the u.s. and china are sending signals they may reach a deal or extend talks. there is a fear that the u.s. will ramp up tariffs when the deadline hits on march 1. besides continue talks in washington this w

roche is up there after a very big drop. taking a look at the losers. american tobacco has taken the most points away from the stock. s&p is right up there as well as bp and glasgow smithkline. although we see a lot of dollars this morning, not a lot of huge moves in terms of points. we may see a muted drop on european stocks. anna: a more downside bias for the morning as the stoxx 600 balls by 3/10 of 1%. european markets opening lower. asian stocks drifted and succumbed to the downside. the rush of optimism on the u.s.-china trade talks seemed to have faded. joining us now is the ceo of latitude investment management. good to have you with us. let me ask you a little bit about where we are in these markets, selling in december, the rally of january. tell us what we have seen, how you would characterize what we see as we turn towards march. >> we had a huge relief rally following a painful q4. it was more aggressive than it deserved to be on the simple models we have run. three quarters of what the market should do. we are in very treacherous territory

becoming a key and i swear we've seen the european nations which have usually have sensitive so except roche share in the consumer trip also recognize quite daughter nicole i'm not sure it's a go so what do it does look increasingly isolated but we've we've been reporting that we've been trying to figure out what's going on inside china in russia but su biggest allies month or so has and how their position is changing you know the government both have big investments in the country and both want madrid to stay but only on the other hand and extent that to be economic crisis makes a center untenable. that perspective is seen here online as well this is one person who says of the job or on twitter he says the u.s. involvement is geared toward serving the interests of big western corporations and stealing the oil wealth of venezuela the world's largest which the socialist model has prevented so far so we see a lot of tweets like this but this second comment we got from someone who tweeted in is a little bit of a nuanced view that we don't see as often he says even though america always plays do

we are seeing a lot of buying in the health-care sector after the u.s.by roche for technologies and a new bio drug coming through. apple downside, the supplier technologies forecast a bit of a weak first-quarter number. that sent its share price down by the most since 2008. manus, nejra. nejra: juliette saly in singapore. thank you so much. now, stocks are reacting to a variety of geopolitical risks. donald trump raised the possibility of finding a new trade deal with xi jinping, but he says an agreement might not happen at all. theresa may is considering a plan to delay brexit and stop the u.k. leaving without the deal. let's get our guest take on the markets. joining us now is the mliv team leader for india. great to have you with us on the show. we are seeing the risk rally that we saw yesterday. is it mainly the trade headlines driving the sentiment? >> absolutely. it just goes to show that it is really a very precarious situation at the moment. sentiment is weighed by the two fro's.froze -- to's and itre is a situation when comes to stocks. in china, aside from the everyday devel

and france remain in syria as well david says roche is an associate professor at the near east south asia center for security studies and previously cept at the pentagon he says keeping the small number of u.s. troops in syria is a political gesture. it's not a large number of forces so it's too small to be militarily significant so when you look at it as to be political politically significant and i think there's two possible messages one to the turks is that yes we are serious about protecting your interests as you see it and so we're willing to keep our forces here in order to restrain their courage show moments of the syrian democratic forces from align themselves with the p.k. k. attack in turkey and i think the second message will be to the y.p. g. forces which is that you're not going to be abandoned we will have a presence on the ground here to restrain the turks from attacking you do so in extent and in practice it looks as though these guys will almost be. there as hostages to both sides to keep them on their best behavior before this report that we're going to be no troops

becoming a key and i swear we've seen the european nations which have usually have sensitive so except roche share in the consumer trip also recognize quite daughter nicole i'm not sure it's a go so what do it does look increasingly isolated the way we've been reporting that we've been trying to figure out what's going on inside china and russia but sue biggest allies month or so has and how their position is changing you know the government both have big investments in the country and both want to move to europe to stay but only on the other hand and extent that the economic crisis makes the center untenable. that perspective is seen here online as well this is one person who says of the job or on twitter he says the u.s. involvement is geared toward serving the interests of big western corporations and stealing the oil wealth of venezuela the world's largest which the socialist model has prevented so far so we see a lot of tweets like this but this second comment we got from someone who tweeted in is a little bit of a nuanced view that we don't see as often he says even though america alwa

yesterday we saw a big deal with spark pharmaceuticals being bought by roche.ple other ones that we own for our clients and myself alone that are similar in the sense that we're not going to see a deal tomorrow and these are risky. in the sense they have some hot prospects on their books. but i think there's a couple names that are interesting. blue bird bio is one that's in gene therapy, blue is the symbol, gene therapy and oncology. another is focused on blood disorders, blood clotting and so forth. the interesting thing about both companies, especially portola, they are small. what happens, like i mentioned earlier, is some of these big companies that don't want to develop the technology, realize some of the smaller companies have good things coming down the road, they are potential takeover candidates at some point this year, i believe. stuart: can i go back to blue bird bio, they are in the gene therapy business like the one yesterday, what was the name of the one yesterday? >> spark pharmaceuticals. yes. it's so interesting -- stuart: what therapy are the

roche faces competition from one other bidder. they specialize in gene therapy drugs.rst of their kind to win u.s. fda approval. coming up next, chinese small caps officially entered the bond markets. this is bloomberg. ♪ the latest innovation from xfinity isn't just a store. it's a save more with a new kind of wireless network store. it's a look what your wifi can do now store. a get your questions answered by awesome experts store. it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. su: this is daybreak asia. i'm su keenan with the headlines. president trump says he will delay the deadline for tariffs on chinese exports. he tweeted progress has been made, including intellectual property and currency. many said as a result, he would delay the tariff deadline and plan a sham it -- a summit with president xi jinping. meanwhile, kim jong-un is in the middle of a two day rail journey to vietnam for a second meeting with president trump. his train crossed into china but is probably quite s

windchill of 13 below in te roch 13 in salisbury, lexington 28. chicago minus 6.ook at the temperature difference in the last 24 hours. 26 degrees warmer inic o, 24 degrees warmer in minneapolis, 8 degrees warmer in new yorkom here the warmup 689 that. looking at warmer temperatures on saturday. minneapolis 36,t. louis 60, huntsville will be 64. as we get to sunday, boom. atlanta 60, whington 55, chicago 41,ansas city 64 degrees. that's what's going on. we'll get to your local forecast coming up in the next 30 seconds. >>> good morning. i'm storm team 4 meteorologist chuck bell. light snow falling across most of the area. the ground is more than cold enough to supportit. everything that falls will be able to stick right away. winter weather advisory has been issued for the d.c. area and points north and west for the rest of the day. temperatures in the teens to around 20 now. your temperatures will stay below freezing all d today. how much snow? maybe just enough to whiten the ground and potenally an inch or two around the city, more in northern maryland. weather.

that would give roche one of the first ever therapies to treat a disease by proving a fix for a patient'sesents 122% premiums as markets closed on friday. -- will invest $4 billion in abu dhabi's oil pipeline in return, they will get to decades of guaranteed returns. abu dhabi gets the cash injection to help diversify its economy. in the deal is reportedly the first investment by foreign as the managers in the infrastructure of a middle eastern government owned oil producer. that is the bloomberg business quest. tom: think you so much. on the equity markets come on the melt up that you were part of, or maybe you missed, greg bloom joins us. as well. this is the theme, we talked to blackrock about this in the last hour. i missed this list, what to do i do now? >> i think if you are trying to be investing in equities now you need be defensive in terms of how your portfolio is. equities now you need be defensive in terms of how your portfolio is. we have had a very aggressive rally against what has been deteriorating fundamentals. the economic data has been surprising on the downside. have s

big move if you were able to buy ge at the lows >>> and a major deal in the drug sector spark buying rochewas 122% premium. spark working on treatments for hemophilia and huntingtons disease. >>> when we return, much more from warren buffett and becky quick in omaha we will be right back after a quick break. this is loma linda, a place with one of the highest life expectancies in the country. you see so many people walking around here in their hundreds. so how do you stay financially well for all those extra years? well, you have to start planning as early as possible. we all need to plan, for 18 years or more, of retirement. i don't have a whole lot saved up, but i'm working on it now. i will do whatever i need to do. plan your financial life with prudential. bring your challenges. i can customize each line for each family member? yup. and since it comes with your internet, you can switch wireless carriers and save hundreds of dollars a year. are you pullin' my leg? nope. you sure you're not pullin' my leg? i think it's your dog. oh it's him. good call. get the data options you need and s