initially that stock rose as well as the others from amgen and regeneron sanofi because folks thought it would lessen the competitive landscape. but as the day went on that stock fell as folks started to worry that company would need to do what are more known as outcome studies before getting approval of this drug. because this market is so big, mltz of patients in the united states, billions of dollars at stake, a lot of stocks moving on this big negative surprise from ely lilly. for "nightly business report" i'm meg tirrell. >>> ferrari is getting ready to offer shares to the public. today fiat chrysler announced the launch of its ferrari spinoff and that it plans to sell a nearly 9% stake in the automaker in its initial public offering. the shares will price between $48 and $52. and will raise about a billion from investors. shares will trade on the new york stock exchange under the very apt ticker symbol race. >>> meantime, standard & poor's downgrading volkswagen's credit rating citing the emissions scandal. the automaker's short-term corporate credit rating was cut to a-minus fr

both sanofi pasteur and glaxosmithkline are among those working on universal vaccines.anofi says the most likely near-term product will be a broadey spectrum vaccine, and glaxosmithkline points out, that market opportunity is one any vaccine-maker would want. >> the first company to make a universal flu vaccine would make a fortune because they would grow the market share in a market that's highly commoditized and charge appropriately a premium for the vaccine and impact public health in a very positive way. we're investing a lot to have that. >> reporter: dr. fauci of the nih says the universal vaccine may be five to ten years away. for "nightly business report," i'm meg tirrell. >> a little chill. to read more about the big business of the flu, head to our website, nbr.com. get your shot. >> i just don't like the close-ups of the vaccines. that does it for us tonight. thanks for joining us. i'm sue herera. >> thanks from me as well. i'm tyler mathisen. we'll see you back here tomorrow night. announcer: the following program contains mature content which may not be sui

your company at all and the visibility you have is very, very different to what's happening with sanofier: yes. when you look to their diabetes care franchise it is relying on ne compound. in other markets around the world where we have had similar reimbursement for the product like for example, japan, we have been able to capture a 30% market share over just a two-year period. that is a competitive threat to them and they have also made a settlement eli lilly regarding the potential of a similar version of the drug. i think they are facing both i of a similar threat and that may be impacting the outlook. jonathan: let's talk about that new drug of yours. the f.d.a. recently approving its, expecting it to be another block bust. how is the pricing going with the insurance? is it going well? jesper: you should pry mirror -- primarily expect us to be in the managed care in the 2015 phase which is about 55% of the market and then later in 2017 we should try to get eck access to the medicare program for elderly. it will be a gradual acceptance. so far it looks positive. jonathan: a lot of ti

pharmaceutical company sanofi has recalled its auvi-q epinephrine auto-injectors, saying they could deliver the wrong dose. the company says it has received 26 reports of injectors dispensing improper doses. these injectors are not epipens, but they contain the same medication. the auvi-q is a little more high tech, and is popular for children. the device talks and explains how to use it. many users are calling doctors for prescriptions for epi-pens, which could create shortages of that product. "auvi-q is popular. if you took them all way and replace them with epipens, that market will be short for short-term." injectors. you can find more information about the recall by calling 1-866- 726- 6340. the u.s. department of agriculture is spending 100- million dollars to help install nearly 5- thousand additional ethanol fuel pumps in 21 states, including iowa. the u-s-d-a says a typical gas pump delivers 10 percent ethanol. but the grants will help install pumps that offer higher blends of ethanol for more recently made vehicles. the nation's top corn- producing state, iowa, will get 5-million

sanofi is recalling epi pens. it includes the lot numbers on your screen with expiration dates march 2016 to december 2016. we've included the company's contact information and they will reimburse for new epi pens. >>> it was a royal day at fort be belvoir. >> the prince was in virginia yesterday. they met with wounded service members and vets at a new facility designed to support injured and troops. harry ree also took the time to talk about the upcoming games. >> hundreds of additional veterans from around the world will benefit from taking part. and millions more people will be inspired by their stories. >> the games will take place in orlando may 8-12, 2016. >>> it is not even halloween. but winter isn't far off. and a reminder up in wisconsin. snow isn't waiting for the jack lanterns to go away. and parts of northern minnesota got two inches yesterday. don't worry folks. spring is just 142 days a i way. boy, that seems really far. >> that is the problem with northern minnesota. it can snow the end of october

the recall includes all auvi-q injectors made by sanofi. fortunately no one has died. >>> cops turning their space in to a haunted house. this happening at the 78 precinct. here's aj ross. >> reporter: it's a chilling maze of heart stopping surprises lurking around every corner. buried here beneath the 78th precinct in brooklyn where some of new york's finest are now joining neighborhood kids to join in a little halloween fun. >> it's really nice, you scare that they're smiling. most people meet the police on negative events so we're trying to bring kids in and adults to meet the cops in a positive event. >> reporter: shedding their uniforms for ghoulish costumes, they say the relationships being built are priceless. >> you get scared, you run in to each other, it's a lot of fun for the kids. >> reporter: while i ain't afraid of no ghosts, the same can't be said for a lot of kids and families who were pleasant ly surprised by this elaborate setup. >> jason, the lady moving the chair, chuckie. things coming out the wall. things coming up beh

. >> reporter: there's also a high dose version of the vaccine for people older than 65 by sanofi pasteurl as a nasal spray made by astrazeneca. and so far this season public health officials say the flu vaccine is tracking well with the virus and it's not too late to get vaccinated. for "nightly business report" i'm meg tirrell. >> and our series on the big business of the flu continues tomorrow, and meg will show us how the flu shot gets made. >> i've got to get mine. >> me too. >> that's it for "nightly business report" tonight. i'm sue herera. thanks for joining us. >> and i'm tyler mathisen. thanks from me as well. have a great evening, everybody, and we hope to see you right back here tomorrow night. of your cavalry. and that, father, is checkmate. ha ha ha ha! yeah... never did have much luck with my bishops. still, it wouldn't be summer until you'd beaten me at chess. so time for a rematch? mrs. mccarthy: this way, mr. moxley. hmm. later perhaps. right now, i think i have some visitors. ( sighs ) father brown. i might have known. mrs. mccarthy, jeremiah. i was just welcoming aggie

pharmaceutical company sanofi is voluntarily recalling all of its epi pens. the products have a potentially inaccurate dosage delivery. the dosages are both 0.15 milligram and 0.3 milligram strength. it includes the lot numbers on your screen with expiration dates march 2016 to december 2016. we've also included the company's contact information, because it will reimburse you for the purchase of new epi pens. we'll also have this information on our facebook page just a little bit later. >>> it was a royal day at fort belvore. >> all right, ladies, prince harry is here. don't act like you don't notice. >> reporter: indeed he was. the prince was in virginia yesterday. he, along with first lady michelle obama and dr. jill biden met with wounded service members and vets at a new facility designed to support injured and ill troops. the event supported the invick us it games which is a paralympics style event harry helped create for wounded veterans. harry also took the time to talk about the upcoming games. >> hundreds of additional veterans from around the world

. >> gsk's biggest competitor sanofi pasture plans to distribute 65 million doses. protein sciences formulates a vook seen without using eggs at all, an option for those with egg allergies. in the rush to be ready for flu season, every day counts. nor "nightly business report," i'm meg terrell. >> and that does it for "nightly business report" for tonight. i'm sue herara. thanks for watching. >> i'm tyler mathison. have a great even g, everybody. and we'll see you back here tomorrow night. >> home can define who we are. for an arts organization, a home is essential. whether it's a new home for an established institution, a long-time home for a community with special needs, or a home for a particular brand of theater. home sweet home ... this time on spark. [ ♪music ] >> major funding for spark is provided by the william and flora hewlett foundation,ú supporting creativity and innovation in the arts since 1967. and by the kqed campaign for the future program venture fund with additional support from the walter and elise haas fund the george frederick jewett

. >> gsk's biggest competitor sanofi pasture plans to distribute 65 million doses. protein sciences formulates a vook seen without using eggs at all, an option for those with egg allergies. in the rush to be ready for flu season, every day counts. nor "nightly business report," i'm meg terrell. >> and that does it for "nightly business report" for tonight. i'm sue herara. thanks for watching. >> i'm tyler mathison. have a great evening, everybody. and we'll see you back here tomorrow night. >>> this is going to be controversial no matter what the title was. maybe this guy invented the computer. >>> people who tour these galleries often say wow, i had no idea. many think computing is about engineers and mathematicians. but if you have ever shopped online or texted a friend, you know computing is about you. so why don't we know the answer to this simple question. who invented the computer? it's a simple question with a complicated answer. in this case of revolutionaries, we'll reveal one view on

sanofi says it received 26 reports of suspected device malfunctions in the u.s. and canada. none of the reports have been confirmed. if you have one, contact your doctor. >>> after facing serious backlash, walmart is pulling two controversial halloween costumes. this child's israeli soldier matching jacket with' hy brew writing. that i also yanked this nose part of a sheik's costume. chris i cans s critics say the costumes are in poor taste. >>> a police station can be a scary place if you're in handcuffs but one nypd precinct is n brooklyn is turning its station into a fright fest. the 78th precinct in park slope is hosting a haunted house in its basement. off duty officers are volunteering their time in the haunted basement. officers say they want to give families a good reason to come to the police station. >> good and scary. >> let's not forget about the candy. that's a good reason to go, too. lots of candy. there will be a lot of that going on around the entire tri-state area this coming weekend. we have halloween, we have the marathon, we're turning the clocks back, th

the company, sanofi, said the injectors may not deliver the correct amount of the life-saving drug. the recall includes all auvi-q injections on the market. a moment california says her 12-year-old son was told to turn his shirt inside out because a symbol of it -- on it could be identified as a gang sign. the boy was wearing this patriotic shirt at the time. the assistant superintendent said the red star featured on the front is what raised concerns for school officials. >> that design has been associated with gangs in the past. we can' t just turn a blind eye to that. >> when i went to school, it was basically red and blue bandannas and stuff and i never thought that it would turn into this. erin: school officials say the boy immediately complied with still wondering if they took the issue with little bit too far. sean: let' game two of the world series night. the mets were up 1-0 when escobar hit an r.b.i. single the game. the royals scored four runs in that inning and they went on to win the game 7-1. kansas and he leads the series -- kansas city leads the series 2-0. erin: the

the company sanofi is recalling its epi pens. it says the pen does not have the correct dosage inside. if you have this injector, you can contact the company to return it. also contact your doctor so you can get an alternative devise. >>> picking a new leader. what we're learning about the man in line to be the nextgen real manager at metro. >>> clearing up a jackknifed semi. the traffic backups, they're significant. we're going to tell you what we're going to tell you what you're seeing and what i'm jeremy mcpike, candidate for state senate, and i sponsored this ad. republican hal parrish claims he improved transportation. but the truth is he was nowhere to be found. literally. parrish holds a seat on the northern virginia transportation authority, but 34 times he failed to show up for meetings. parrish skipped more meetings than any other member. and hal parrish refused to support the bi-partisan transportation bill. why would we want to get stuck with republican hal parrish in richmond? >>> breaking news. crews towed trailer t

the company, sanofi, said that the injectors may not deliver the correct amount of a life-saving drug. the recall includes all auvi-q injections currently on the market. sean: police in russia got a big surprised when they pulled over a hearse for speeding. they found half a ton of caviar packed inside the casket. he said he was rushing to deliver a body, but they were not convinced and decided to search the car. caviar production in russia is strictly regulated and lisa can uttering charges -- police are production and distribution. game two of the world series night. the mets were up 1-0 in the bottom of the fifth when escobar hit to tie the game. game 7-1. series 2-0. erin: the celtics kicked off their season in boston last night hosting the 76ers. in the first quarter, an excellent spin move and score. he played at the tilton school here in new hampshire. marcus smart drilled a three pointer. the celtics lead at the half 51-40 and ended up winning their opener for the 43rd time in history by the final score of 112-95. the new england patriots are back in action tonight taking on t

. >> pam:the well known pharmaceutical company...sanofi...is recalling hundreds of thousands of epinephrine injectors used to treat severe allergic reactions. >> pam:the recall is due to the injectors possibly not delivering the correct amount of the life-saving drug. it includes all auvi-q injections currently on the u-s market. >> pam:most packs include two injectors. about 200-thousand people in the u-s have them. >> pam:consumers can call or visit the product's website for information on how to return it. >> pam:ford issued three recalls affecting thousands of vehicles in north america. one safety recall for potential fuel tank issues affects roughly 129-thousand vehicles. >> pam:it includes 20-09 and 20-10 models of the ford edge and lincoln m-k-x. 72 more vehicles are subject to another safety recall for 20-16 ford e-series cutaway and chassis cab vehicles. >> pam:those vehicles face a possible trailer brake controller issue. ford's third recall affects roughly 19-hundred 20-16 ford mustangs. >> pam:the company says restraint been damaged during shipping. ford says it isn't aware of a

sanofi recalling epinephrine inswrektors. it includes all injectors currently on the u.s.arket, totalling more than 500,000 units. that is your cnbc news update this hour. back to "squawk alley" and i think kayla this morning. hi, kayla. >> hi, sue. good morning. thanks so much to you. let's bring in john steinberg, ceo of the daily mail north america to talk about exactly what we're seeing in tech earnings. there are some other companies that are moving the market today. first, yelp. shares of yelp seeing a nice gain as revenue tops the estimates. the company saying it spent more on sales in an effort to increase site traffic, and investors believe it worked. shares of yelp up 7.25%. meanwhile shares of pay pal falling even though earnings did beat analyst expectations. revenue was a little bit light. the company says it was hurt by the stronger u.s. dollar. john, we just heard nick woodman say the company took its foot off the gas for marketing. >> yep. >> yelp spends more on marketing, increases traffic. eps misses, but they have more in sales, so investors are rewardin

the company sanofi is recalling its pens. they say the pen does not have the correct dosage inside. if you have that injector, you can contact the company to return it. also, contact your doctor so you can get a prescription for a different device immediately. >>> an i-team investigation, there are at least five towing lots in rockville. take a look at them. warning signs and barbed wire down a pitch black road. the i-team heard there have been formal complaints about the lot because they've made some people scared. >> i'm a 200-pound man and my uber driver did not feel safe leaving me. the setup is actually illegal because the law requires storming lots to be brightly lit. one responded saying they don't own the lots but rent them. they also said they did install a motion detection light near their front gate. >>> a man is suving from a coma after an e-cigarette exploded in his face. the industry says the lithium ion battery inside is the problem. the wrong charger can cause the batteries to overheat and explode or catch fire. electronic vapor products are now banned from checked l

what are you saying with sanofi? >> just shy of 4%. a better than expected quarter for third quarter profits for its key diabetes market. they did cut diabetes sales forecast through 2018. i think that is clearly that's a real concern given the emesis on revenues and profits. bayer beats quarter three profit, jump issing 21%. it did lower its outlook for its year on shifting fx sales. 1.4%. let's do an about-shift and move on to aerospace and aircraft. lufthansa, after strong demand pushed up third quarter profits. however, the airline has warned of increasing pricing pressures next quarter. moving away from the strikes we are seeing, not so the case for air france klm. third quarter profits coming above analysts's expectations. profits almost four times higher than the same period last year. that period was impacted by pilot strikes. you have to bear that in mind when you do the comparison. the company cfo was telling cnpc earlier it needs to gain union's for its restructuring plans to compete with viable airlines going forward. >> we

sanofi is not the only company trying to increase the competitiveness of the product activity of its employees. air france, as you know, is still negotiating in order to increase their product activity. today the main union of pilots will hold the meeting and is due to make some new ones to the management of air france. in the meantime, employees of klm urge the french workers to start constructive dialogue. they're worried that they could be the collateral victims of the social conflict at air france and yesterday the employees started a petition to call on their french colleagues not to carry on more strength and it's been very successful because in just a few hours this document got more than 1,000 signatures. >> stefen, thank you for that. >> let's talk about the jet set and the jet set life style because you need a private jet for that. vista jet which provides private aircraft flights just announced a 17% increase in overall flight numbers in the first half of this year being boosted by traffic in north america which is up some 159% and this is being driven partly by strong gro

sanofi the biggest with more than half the market. gfk at 12%. get the flu shot and it will be the same shot. there's several different shots available. there's one that just has three strains of the virus. more recently they started adding a fourth strain that many manufacturers can make, it's quadrivalent. then also a mist so nasal spray you can get and high does version of the trivalent. >> in terms of the flu mist, in the past, the most recent thing i heard that's more effective than the shot. is that still the case or an annualized depends on the year >> depends on the person. the manufacturer, astrazeneca said for kids it's more effective. good news right now we're tracking pretty well this season, these strains that are include in the vaccine are the ones in heavy circulation unlike last year. >> last year was only 20% effective. >> you got to get a shot. can't get the mist. >> what's the timing? >> they suggest you get it before the flu season begins. >> when does it begin. november 1st? >> they typically say october. you can get it as la

they are the q pens manufactured by a know if i sanofi. for more information, go to nbcnewyork.com. >>> american pharaoh will run his final race this week in lexington, kentucky. watch it live tomorrow beginning at 4:00 right here on nbc 4. >>> a commuter alert starting monday the white street south ferry subway entrance will be closed for nine months. riders can get to the ferry through the staten island terminal building or across the street at the whitehall street entrance. >>> and game three of the world series at citifield tonight, it's noah syndergaard will take the found mound mound for the mets. i feel like history is on our side. first world series game ever out at citifield. so historic. >> i agree. i have that seam feeling now. >> just now? >> it just happened. >> could be completing, so hold on to it. overall weather picture is going to get a little bit chilly, but still typical for this time of year. no rain to worry about probably through this weekend until maybe later sunday night. so back to normal today with our temperatur

it's biggest competitor is sanofi with more than half the market. >> if they don't guess right on the it. there's not enough time to make -- >> that's what happened last year when the flu vaccine didn't match up to well. i want to bring in les. is there an investable them? there are companies that make it, i imagine that's a drop in the bucket for them. >> that's less of an impact. we think and we own rite aid, for example, but pharmacies where everybody goes and gets it, hospitals when you get really sick with the flu, those are two ways that you can do it. there are some over the counter manufacturers like johnson & johnson who sell a lot if there's a bad flu season. if there's no bad flu season, there's really no trade here. >> meg was mentioning last year when they guessed sort of the wrong strains and the flu season was terrible, did we see uptick for these companies? >> we did. almost everybody and i'd throw in even some of the biotechs like gilead who makes an antiviral. pretty much everybody did well except for the people who actually got the flu. >> right. and for the pharmac

positive news for this other class of cholesterol drugs, companies like amgen, regeneron, and sano sanofiey are thought to be multibillion dollar drugs. there's another stock which is esperion. it also has an experimental oral drug in the pipeline taken by pill. initially you saw the stock drive of esperion when folks thought it was removing a class of competitors. now it's declining when folks got worried that you have to see more studies showings what the cholesterol drugs do. a big day regarding cholesterol drugs. >> esperion is that a cetp inhibitor like littlly's and mek he is or a different class of drug. >> a different class. >> meg, thank you very much. so what does it mean gr your money in the pharma space. let's bring in tony butler covering in pharma. you think that the stock reaction is a bit overblown. at the same time your estimates for this drug and the impact on lilly was below consensus. >> it was. we risk adjusted the probability that the drug would come to market. part of that was due to the fact that previous drugs had failed. now, maybe for different reasons, but one

they were able to get a good price from amgen and sanofi. cvs officials are still studying the issue but biotechs leading the way. >> stocks have been struggling a little bit but it's been in rally mode. the major average is up 3% in the past one week alone. well, with all the global fears out there, why is the market rallying in? >> it's important to know that this rally extends overseas as well. take a look at european markets so far in october. you can see germany, france, spain all up about 3% to 8% in the month of october. asia joining in on the rally, stocks there trading at seven-week highs. speculation that japan will ease further has sent the nikkei higher by 8%. ubs global strategist says there's three reasons global markets are rallying in this month. first, there's a strong chance the ged fed is on hold until 20 after a disappointing jobs report. second reason is a pullback we're seeing in the u.s. dollar and the fears over a china slowdown easing at least for now. another factor fueling market gains is oil. currently on pace for