. >> the latest in a battle, sanofi outbids nova for a belgian drug maker in a $4.8 billion deal that sanofi a blockbuster drug for blood clotting disease. >> it is interesting from a company absent from the deals front. they tried their hand at a couple of transactions two-three years ago. that did not work out and they walked away, but now they delivered this knockout punch today to novo who had previously bid for this assets, a low bid they said they did not like, and that left the door open for sanofi, a week after they spent top dollar, about $12 billion, on another acquisition. all in all $60 billion which shows the direction they are going in, this new area of hemophilia blood diseases, and that is where the growth is. >> another hacking incident in japan has led to big swings in bitcoin and calls for stricter oversight of digital currencies. tokyo-based coincheck was hacked for almost $500 million in digital tokens. the boj has been subdued when it comes to this craze in cryptocurrencies, but tell us about the boj's position at this point. >> regulations in japan have actually

we will be pleased to continue our partnership with sanofi.hat is your next step as far as m&a? do you need to find another target? lars: we have a list of opportunities. potentially acquisitions, like most companies have. we will continue working on that and we hope during the first six months of 2018 we can land one of these deals. obviously, it is a competitive space that is out there with high premiums being paid. we have to stay disciplined and how we lower value. but we are committed to working with this. matt: thank you for your time, lars. lars fruergaard jorgensen there, the ceo of novo nordisk joining us from copenhagen. janet yellen keeps rates unchanged in her last meeting, setting the stage for an increase in march. we have reaction, next. we already see it in the treasuries market. this is bloomberg. ♪ we use our phones and computers the same way these days. so why do we pay to have a phone connected when we're already paying for internet? shouldn't it all just be one thing? that's why xfinity mobile comes with your internet. you

sanofi struck to deals last month by firing a u.s. group and a belgium group. >>> snap shares have risen in extended hours trading as the social media firm saw daily active users on snapchat rise ahead of expectations during the fourth quarter that figure jumped to 187 million users. average revenue per user was higher than expected and losses were slower than forecast. arjun kharpal joins thus mous t morning in the studio. this is relatively good news >> it is relatively good news. they've been hammered by competition from facebook, stagnant user base, and the inability to draw advertisers on the platform this quarter seems to be a turning point potentially. they managed to grow the daily active user number, which is a key metric that wall street is looking at the social media companies rely on scale if you look at facebook now with 2 billion users, the reason it continues to grow so rapidly is that it is able to monetize that user base. these are very important numbers coming through from snap and the market cheered that. >> forgive

pressuring the swiss company to upload l'oreal and its holdings in french fry maker -- french drugmaker sanofi finance the deal. mark, thank you for that. let's check in on "first word" news. here is taylor riggs. taylor: president trump has signed a budget deal, ending one of the shortest government shutdowns on record. hours after the partial shutdown began at midnight, the house approved a bill that raises federal spending by $300 billion and puts the debt ceiling on hold for a year. earlier, republican senator rand paul had blocked to the senate vote for hours. he was unhappy over the extra government spending in the measure. korea'ser of north leader, kim jong-un, has shaken hands with south korea's president, movon jae-in. she is the first member of the dynasty get rules north korea to visit this out. she will have lunch with a south korean president tomorrow. chiefropean union's brexit negotiator has raised the prospect that a transition deal could fail. he says there are substantial disagreements with the u.k. over the terms of the two-year price p-- grace period. future trade deal bet

norway stat oil posted better than expected quarterly profit on higher crude prices, record output sanofi and abn amro, that stock down 3%. back to you. >> great thank you for bringing us that seema mody, back at hq. >>> sue herera has a quick news update. >> good morning, everybody here is what's happening new air strikes launched by russian and syrian government forces on a region east of damascus at least 8 people killed the observatory for human rights says the number of people killed since end of january has risen to 384 that total includes 94 children. >>> south korea says the sister of kim jong-un part of the high level delegation coming to the south for winter games promoted by her brother within the party last year. >>> pope francis praising the decision of north and south korea to compete alongside one another saying it shows conflicts can be resolved through dialogue and mutual respect. he sends a special greeting and blessing to all olympic athletes. >>> dunkin' donuts plans to eliminate poly stie reason cups by 2020. they'll replace them with a double wallpaper cup in u.s. lo

you tend to see in their portfolio they hold a bit of johnson & johnson, pared back their stake in sanofiit doesn't represent a huge proportion of their portfolio. we'll see what they do over time >> thank you very much >>> well, let's talk right now about what's happening overall with wall street we're pointing to another higher open as the s&p looks for its fifth straight day of gains. they made up some serious ground after that selloff two weeks ago. let's look at where the action has been where have people been buying the dip and we've had movement towards record highs we decided to look at the s&p 500 companies out there. the s&p 500 has had so far about 89 companies that are now, after the rally of the past few days, now just within 5% of their 52-week highs or better. among those, 79 of those stocks hit 52-week highs just so far in 2018 not a lot of them, eight of them this week have set new 52-week highs. let's look at some of the big name stocks within striking distance of those highs we've seen recently. vf corporation, just about at its 52-week highs. estee lauder within about

he says we have cash in sanofi in terms of the resources to buy nestle's stake in l'oreal. they have enough to do it. it's nestle's choice and decision on whether they want to sell their 23% stake in l'oreal, but they do have the cash to buy it back. we will be having an interview with him at 12:30 cet. don't miss that. >>> the s&p tech sector saw its worst daily performance since the brexit vote on thursday. big tech names have led the declines on the index this week. the biggest losers are heavily dominated by the tech sector it looks as though a lot of that move happened yesterday. arjun kharpal joins us on the set this morning we had some really big moves looking at alphabet, apple how much of this is the fact that that market was overcrowded? >> let's take a high-level view and put this into context. let's year a lot of the f.a.n.g. stocks were up nearly 50% over the course of the year even with the pullback they were higher than a year ago there's a sense of quocooling o, profit taking. there's no down that the tech sector does remain strong still. if you look at a lo

sanofi's profits fell more than expected last quarter. in late trading after its first big earnings when since going public -- win since going public. toly active users rose 18% 187 million. the earnings were a part two advertisements -- to advertisements. manus: thank you very much. volatility in asia is eking out some small gains. increasingthey are the cost savings target by $380 million. they of course are taking a hit in terms of their russian exposure. anna: interesting. about m&atalking opportunities. they are also talking about watching for m&a opportunities, how would that go down with investors? we will be discussing the our guests business -- guests business later. this is our guests bloomberg. ♪ ♪ manus: good morning from bloomberg's new european headquarters. i'm manic -- i'm manus cranny. anna: these are our top stories. the u.s. futures point towards a lower opening. the british chamber of commerce warns theresa may that u.k. business is losing patience over brexit ambiguity. manus: the wynn resorts chairman and ceo resigne

. -- sanofi. guy: those are some of the stocks matt just mentioned.s, matt just mentioned. whether or not you consider beer softeningbut staples up. materials, a bright green area and firmly bid this morning. we talked about the energy or and the metal sector, that is causing a slither of red. i wonder if that is nestle related? matt, overview? matt: you know what i've got here? the world currency ranker terminal to show the weakness of the dollar. we have seen it accelerate the last 20 minutes, but you had to dollar weakness ever since yesterday. you had this consumer price than expected.ss i have the expanded majors. it is not just the g10. you can see the rupee clobbering the dollar, but the yen on top. even down on the bottom, no one is losing against the dollar on the expanded majors. even the worst returns are gains against the greenback. real dollar weakness. with us to discuss is simon derek at bny mellon. i've got to ask you about the u.s. dollar. this continued weakness -- why? do you expect that trend to continue? the first thing you discus

this week we have got sanofi, the more philip morris story, etc.ee if we can get the bond markets up here. the bondooking at yields at the screen. termse futures drop, in of the bond markets. again, we see this continuation in terms of the selloff in the bond markets. i do not see this in the equity markets. at what point does this turn into a reversion back to the bond markets? do the yields in the bonds offer a better proposition? 10 year government bond yield making four year highs, losses bonds since the start of this year. they were start of the bond markets since 2009. is where it gets interesting. how high will the bund yields go in terms of capping it out? you are looking at futures and u.s. equity. we are indicated lower again within the equity complex in the u.s. sophie kamaruddin is standing by with your first word news. sophie: manus, in america, janet aid u.s. stocks are elevated. she made the comment to cbs this sunday morning during an on friday asorded she prepared to leave the central bank. >> i do not want to stay too high, but i

thursday here in brussels you hear first from two victims organization and organizations on them from sanofi. who's about in criminal lawyer who's representing saab islam he'll be spending a lot of his day tomorrow trying to speak to saab is on that some information. at of him to a pair of course his defense that will be much anticipated the russian ands shot down. local sources say dozens of died after the strike his hospital and several apartment blocks once again syrian regime says he's of using chemical weapons is kinda motor pool. every seconds time as wounded civilians over us to a local hospital in the province. dozens were injured on sunday evening many of them children offer a fresh wave of as strikes by russian war planes. two hospitals in several apartment buildings. rescue teams on the ground sasay many have been killed. russian war planes struck a seven story building and a four story building. so farar we've pulled out sx bodies from the rubble. at least one child was injured. lights out at the field. the province of aj been north in syria has seen face fighting in recent weeks