i'm intrigued by the deal you have with united health care and qualcomm.tor. how much will you be able to boost revenue when it comes to software? focus for fitbit this year was the software. we did not want hardware this year. that is to signify we are more than a device company. we are a software and solutions company. the things we launch at ces including integration with third etc., ther bicycles, software integration deal with united health care demonstrates the fact our commitment to software will be one of the key differentiating factors in maintaining leadership in this category. and we are excited about it. caroline: the fitbit c.e.o. and editor-at-large cory johnson, great to have you with me. as we wrap up the week that was, alex webb has been showing us some of the best gadgets you never think you need. check out this high-powered tool. is created in indiana. they say it is the world's first educational rubber ducky. it interacts with an ipad to teach kids about shapes, stories. and they are trying to prove it is not a load of quack. caroline:

meanwhile united health had the smarts to pull out of obamacare when the company realized it couldn't make money participating in the exchanges. that move, i think, has made it the only health care company worth owning right now. that's right. i don't like the health care companies. you know that. only that because it's not trapped in a system that is going away. it's the only health care stock that i consider to be -- >> trump stock, trump stock, trump stock. >> therefore, i think it can go higher. next up is home depot. it's up 402% since dow 10 k in 2009. this statistic is really nothing short of amazing because home depot put up these great numbers during the worst housing recession not in the last few years, not in the last few decades, but ever. this is a period where you could easily argue that home depot should have gone out of business. but boy would that have been wrong. home depot used the downturn to solidify as the number one do it yourself retail chain. the company had a remarkable ceo who energized the place, use the technology to make the store better for you, the cust

>> i think the united health care deal was a huge deal for us. you know, we have always talked and people have always asked us, when are you going to partner with the health insurance industry, because it seems like a no-brainer. i think the challenge for us over the years, we have worked closely with employers, but the insurance industry has taken a while. there is a lot of dollars at stake so they have taken a very thorough research, done a lot of internal studies to validate that using wearables can actually result in health care savings. and now they're comfortable with that. so in conjunction with us, qualcomm and health care, we're rolling out this program where we're paying $1500 to users to use our devices, which is really incredible. it's really exciting. >> are there any barriers to entry here for other devices, other platforms, to do the same thing? because whether it's apple's phones that have the m chip in them, whether it's apple watches or other devices that count steps, lots of people have that basic capability. is there anything t

yet united health, it is the most likely to become a two-year. they've rallied 33%. to a financial consultant including itself that sells now at a premium to most stocks. does at a pred yumium. does that make sense? absolutely. my former actually faired better in the great recession. at least financially if not in terms of public relations and every other bank was probably penalized more than any other legislation. the banks went under leaving the yolk to be placed on goldman's neck and trump plans to appoint so many goldman alumnis to high-level positions. i think the stock deserves to trade up because goldman can go back to being goldman. the company that makes money with it's own money and gets a premium for being clever and with republicans, all the criticism from anti wall street senators like bernie sanders, i'm saying it's pretty meaningless. i still like goldman here. how the heck did chevron rally 31% last year? perhaps because it fell from $135 to $70 in 2015 and trying to claw its way back now that oil rebounded back to the 50s or perhaps because it's the

what brings me back to united health group? regardless of what happens in washington, i think u.n.h. is best of breed. not only are they america's largest provider of health insurance, but they've also got a major division that i really don't talk enough about. it's call optum, which is part pharmacy benefit manager and part provider of software consulting and business practice outsourcing for the rest of the health care industry. as a pharmacy benefit manager or pbm, opp item is enormous. pbm help insurance providers control drug costs by creating form larrys that identify the most cost effective treatments and then buying them in bulk. plus it's a rapidly expanding business with earnings growth in the mid teens. others in the industry really have nothing like it at all. earlier this week, we learned that unh's optum arm is buying an ambulatory surgery center for $2. $2.3 billion, helping to increase the reach in the outpatient surgery space. oh, i love this diversification. but it's not just optum, although that certainly help

tiffany, jcpenney and united health. should you? >>> and two stocks with unusual activity. jon's getting bullish on one and bearish on the other. we're naming names and making trades. this is the "halftime report" with scott wapner.earnest, whic

united health care was the provider. eight months into the coverage, she cancelled the plan. >> it was a desperate time and something i just had to do until i got another job and was able to get smurns through them. >> she says her policy ended november 2015, but united health care billed her for the month of december. she tells us every month she disputed is $605 bill if i phone. and provided written proof she cancelled. each time the company told her to file an appeal. she did and thought the bill would be removed. >> i thought as long as they have all the recordings and transcripts of that, my -- i was kind of covered. >> she says to her surprise on christmas eve, 2016, the insurance company sent the unpaid bill to collections. >> i just felt like i was getting bullied and i needed somebody else in my corner. >> she contacted nbc 10 responds. we reached out to united health care. company wontd say why the cancellation didn't go through, but did tell us after reviewing the case the $605 bill has been removed from colle

microsoft, united health and nike, all above 20%. >> we are going to get to boeing in a minute in more detail. i'm wondering what you mean of what ed yardeni said about another 10% up-side but what the kensho report showed us as well if you take the atmosphere that's in the economy, you could be poised to move a good deal higher. >> it is not a no-brainer but easy to get another 5% out of this rally. you nor the at euphoric highs. are some things a little pricey? sure. you are not in this bubble type of territory. 17 times earnings on the s&p 500. it ain't cheap but by no means is that bubble territory. you could easily get another 5%. >> inflation between 2%-3% is the market multiple. it trades at the highest multiple when we. >> narrator: that 2%-3% inflation bucket. we have been in 1.5% to 2.5% for the last seven years. this is the first year we have the potential to break above that for a sustained basis. >> you cwe can get significantl higher than where we have been. domestic demand can finally start to move higher. >> behind all that, you have got the fed who has danger of runnin

united health is my favorite. clinton in colorado, clinton. >> caller: hey, jim. booyah. >> booyah. >> caller: hey, i'm wanting to know what you thought about las vegas sands as far as the trump presidency, possible recent c cannabis legalization and the oakland raiders moving there. >> i'm glad you asked about this. i've been thinking about the oakland raiders ever since adam schefter broke that story on my twitter feed. i think las vegas is going to do very well. but the problem with thinking about las vegas is las vegas sands and i think it should be called macau sands. it's much more levered to the chinese market. because of that and it's so difficult to figure out what the communist party is going to be up to, that's like i like to have a little step back from pure china and go with mgf, i think it's the best in show. all right. we already know president trump's script, which is why the market gave us a bit of a yawner today frankly. that's why i say buy into non-earnings related selloffs. please don't sell. on "mad money" tonight, just because there's a new

this is united health insurer, buying surgical care.rator of outpatient surgical centers, $57 a share is what we're talking about here. the total value about $2.3 billion here. you can see surgical shares are up about 17%. there is also, i should mention, the j.p. morgan healthcare conference out in san francisco that's been going on, so we could see some more healthcare headlines coming out of that as it is going on. jon: i love that you actually woofed. julie: well, how could i miss that opportunity? jon: ok. coming up, potential fed chairs are weighing in on how they would change the fed strategy, tighter monetary policy on the horizon. that's next. this is bloomberg. ♪ jon: this is bloomberg daybreak. let's check the markets. if you're looking to equities, we came very close to breaking 20,000 on friday. 0.000, whatever it was. i can't wait. we're negative 20 if you're looking at futures on the dow. negative one on the s&p 500. we closed at an all-time high in friday's session, a little bit soft if her you're looking at equities tod

." >>> "world news now" weather brought to you by united health care. i'm only in my 60's. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare surance company. like all standardized medicare supplement insurance plans, it helps pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. <

united health reported a great quarter.pens when that company puts a great quarter and stock goes down? does that mean? you do some buying when the stock -- you don't chase it, it comes to you. let's go to corey in new york, corey? >> caller: how is it going, jim, great to be on the show. >> how are you? >> caller: i've been day trading for about a year. messed around with one stock last year, i don't want to say what it is and did really well. right now i'm sitting on exel. >> that is one we got behind last year and i got to tell you, it's almost -- it's too hot. it's too hot for this guy. it's too hot. i want to be careful because i fear the tweet. >> not a trump stock, not a trump stock. >> jim in maryland, jim? >> caller: boo-yah. love your show. the best hour on tv. >> thank you, man. >> caller: my question is about marathon petroleum. since you had them on the show, they have adopted a drop down plan with a master limited partnership. does that affect the common stock -- >> it's very positive, and -- >> trump stock, t

will united health be brought in to talk about what should be done?ook, my focus is -- >> believe me, united health's ceo and their ceo has a lot -- mr. miller, has a lot of significant thoughts about what should be done. >> i think he's going to be really important. >> this is the president walking into capitol hill. a rare visit to the hillside in what is widely expected to be a final push meeting behind closed doors with congressional democrats to try to save at least elements of the affordable care act. >> i know that the president has said, listen, there's commonality here on the idea of 26-year-old stay with the health care and of course on preexisting, which is a huge issue. but i don't know if this is -- we don't know until trump tweets what the real story is. because i think that he's very unhappy with the exchanges. >> even after his tweets are -- >> right. buy unh, that's your way to play. [ bell ringing ] >> there's the opening bell and s&p at the bottom of the screen xerox, and we're going to speak to jeff jacobsen in a few minutes. at th

i feel the same way about united health, unh, which we declared this week is the biggest winner in the hmo business if obamacare gets repealed. they've developed the best health care outcomes business away from the traditional insurance role. unh is such a smart company and year after year it has crafted and created new markets and new business lines that are additive to earnings. it would be a gift if this one came in after reports. now, after the close tuesday, we get results from csx, the railroad. we want to hear about the business line that is coal, specifically what the company projects about coal given that donald trump will be in charge starting a week from now. trump promised beleaguered coal mining states that they'd have relief from his white house. i think that's a big reason why csx's stock has been so high. it had pretty much built in the idea that coal would be going away under hillary clinton. now i think it will be here to stay. that's fabulous news for this railroad. we also want to hear if there's kind of a, let's say, before and after story. before the election and

medicare advantage, those are plans offered by humana, by etna, united health. there are certainly others. i would put biopharmaceuticals. yes, there is pricing overhang over high drug prices. i would put those two as winners. >> and losers would be hospital companies? >> i think eventually they are potential losers. there is going to be this extended transition of one or two or three more years. i would say they're not losers yet with you hospitals to be at the losing end. >>> and facing new criticism. first reported by the are website, the intercept. this steve mnuchin is being investigated for widespread misconduct over the bank's foreclosure practices. john harwood is following the story for us from the trump tower. what do we know about these claims and how damaging it might be ahead of his confirmation hearing? >> reporter: well, tyler, it stems from steve mnuchin's acquisition of one west and the decision they you need push foreclosures in a forward leaning way. they back dated certain documents on get around time requirements for deliquent homeowners. an

i'm telling you united health had a great job. what are we going to say?aste management, fantastic infrastructure play. and also a play on housing. you see those housing numbers today? they were excellent. arconic, that is the new old alcoa. they put up their alcoa stake for sale, the double a, and they're going to fix up the balance sheet. i like it because we have an industrial, an airline, health care, ulta, which say retarl, and waste management which is an infrastructure play. bingo. >> hallelujah. >> but the change must be made. john in iowa, john. >> caller: booyah, cramer. >> booyah, john. >> caller: 20 years at hni, 10 years at deere. i have apple, crm, and es. i've got 41% in industrials. am i overweighted. should i divest and put some more in crm. >> can we go through the list, and we'll make a decision. >> caller: okay. deere, hni, apple, crm, eversource. >> okay. oh, boy. all right. you know, let's make it easy first. we have a utility. we have a technology company. we have a great ag company. you see that stock, it keeps going up. i know i li

look for earnings this morning from morgan stanley and united health. on friday the dow slipped. nasdaq rose 26 to 5574. back over to you. >> landon dowdy. cnbc, thanks. >>> it's 5:26. 39 degrees. temperatures above freezing. the rain is coming down in the area. not yet in center city. live view from the loews hotel. eighth and market. rain will be here wash away some of the salt left on the ground. have your neighborhood forecast just ahead. jessica boyington watching your first alert traffic. >>> starting off this morning. right around ridge pike. no major problems or delays so far. having a quiet morning. have more updates if pr you when i come back. >> also changes on tap. new options when it comes to buying beer in pennsylvania. >>> boycotting the inauguration. the reason dozens of lawmakers are refusing to watch president elect trump be sworn in. inauguration boycott. local lawmakers join is list of dozens refusing to join the ceremony. the reason they're skipping the event. >> heading to court. request a murder suspect is expected to make today after allegedly murdering es

united health group reaffirmed its guidance for 2017. still, shares fell a fraction to $160.66. morgan stanley saw its profit double and sales rise last quarter as higher trading activity them bank top estimates. the company said it benefited from strong performance in its wealth management operations. morgan stanley said it is optimistic. still, shares were hit hard. logan's family was off. last year, reynolds rejected british american's nirnl takeover bid. the shares rose 3%. while british american shares fell to 113.10. tiffany said its flagship store in new york city which sits next to the president-elect's office suffered a 14% drop in sales during holiday season because of disruptions related to post election traffic. the luxury jeweller said overall sales were down. shares were off 2% to $79.90. >>> the hedge fund elliott management and blue scape working together. the two companies which combined have a spike called nrg shares. nrg shares up 5% to 15.34. and david einhorn is betting against caterpillar and other cyclicals under a trump presidency. despite the plan to inc

that sliver represented by health care in the united states. nafta. talking about the deal there and how it has not worked in the united states benefit. the reconstruction or the restarting of the new building of the keystone and dakota pipeline, which he says will be made with american steel. and of course overshadowing the cancellation of the meeting next week with president pena of mexico. >> he said that he and the mexican president had agreed to cancel their planned neeting. even though it certainly sounds like when you look at what happened with twitter today that it was the president of mexico who skied decided to pull out after donald trump had said they don't want to pay for the wall, maybe we should cancel the meeting. >> and also talking there with mr. ryan next to him about the writing of a tax reform law. and he certainly hit that and said that we're going to get that done and the last times the tax reform had come up it went nowhere because either democrats blocked it or the president wouldn't have gone along with it. well, obviously the

these are really critical numbers coming out including united health care, ibm, american express and ge. and anti doetal of interesting look across the economy across the country. on friday donald trump will be sworn in as the 45th president of the united states and that is what to watch this week. >> small businesses are really the backbone of the economy and they often drive job creation. all of their ventures start with a bright idea and are often built around and entrepreneur's own skill. take military vet chris nolte francis. he came home from the middle east with a debilitating back injury. his desire to get active and get back in shape along with his multi-tasking and problem solving skills helped him find electric bicycles and now as bill griffith tells us, he's staking a claim in this niche but fast growing market. >> before he found electric bikes, back pain limited his ability to exercise, to work indeed to live life. he hurt his back while serving in the military. >> i grew up very quickly in the military. i went in at 19 years old. >> in 2000 nol ty joined the army reserv

nike, united health group. advise, goldman sachs.ted health and advise among the best performing dow stocks ever since we crossed the 10,000 mark the last time around. those are the newer members. what did it look like back then? it replaced a number of big names. at&t. i mentioned that before. also bank of america. the company formerly known as alcoa, the bigger parent company before it split. hp, the original larger company before it split up. kraft. the idea that these stocks were there before and are not there anymore. what it looks like today is interesting. also want to paint the macro picture. some of the bigger items we saw back then versus now. again, back in 2009. today we've got oil prices around $52, $53 a barrel. then it was closer to $75. we heard segal talking about the multiples. it's 19 times earnings on a 12-month basis. then it was 15. gold prices $200 higher. yields and the vix languishing at multi-year lows. very different look for the dow 10,000 in '09 than today. back over to you guys. >> time for our msnbc new

the dow getting dragged down by walmart and united health and mcdonald's. we do not have dow 20,000, but we have the bloomberg, g #btv 2026. that the dow will not make 20,000. last week, and analysts said he did not think it would have been. says shest at btig just -- would see it next week. this is a reversal out of the up trend from the election, which is typically bearish. there is the all-time record high. with the up trend reversal, is adjusts that it will break to .he downside it will be interesting to see. one market today pretty molto -- volatile is the 10 year yield. after some of the bank earnings reports, we solved on selloff with the tenured degree -- with the 10 year yield off. as for the banks, bank of america, jpmorgan, and wells fargo all trading higher. jpmorganth noting that and bank of america have already engaged in their conference calls. wells fargo's upcoming, and i know our julie hyman has been on those calls with great insight. today'st's get more on big bank earnings and what it means. joining us in london, michael moore. julie has

i've got one bi-rated stock, united health group, health care transformation story.t is a leading player in driving down the cost of care but, more importantly, moving the model of care forward. so i really like that. and i think its diversification and its positioning is unique enough to help it sustain and, in fact, be a thought leader throughout this period of what we expect to be extreme uncertainty. this is not a normal uncertain situation but rather an abnormal one on the brink of great change. on the other hand for the hospitals, we're very concerned. we have two under performed ratings, the first one being tenet health care. the situation there, as well as with community and aca, lifepoint and others is that not only do you have this particular risk, which is extreme, but underlying it all, you have a very dramatic decline in in-patient volumes and now growth rate in emergency room visits, all that we think are the results of changes being led by companies like united health group and some of the policies under obamacare. given that we think that train left t

less than 48 hours later, he has been brought to the mental health unit for observation. >> he smearedsatan on his wall. and he's saying that he's not going into his cell, because satan comes at night. now we're waiting on psych. >> mclemore will soon meet with mental health nurse practitioner tina olney, who will decide if he will be admitted to the mental health unit or return to confinement. >> tina is a psychiatric nurse practitioner. nurse practitioners have prescriptive authorities, they can provide narcotics, they can provide medications for psychiatric illnesses. but she is experienced in making decisions about whether a patient needs to be in some sort of protective environment. or is deemed okay to return to general population. >> while mclemore's actions may be shocking to an outsider, nurse olney thinks they could be something other than a mental health issue. >> there can be some manipulation that goes along with this kind of behavior. we see it fairly frequently here. because he's been here since may and it's now september, why this behavior now? we have very good actors

caremark, united health, and express scripts -- >> mail order pharmacies are reimbursed at a lower rateacies or a special ty pharmacy, so my guess is pack is at-- pill higher rates than we see out there. that negotiation was around rates, but that was not the core negotiation. the core negotiation was do consumers ultimately have the ability to choose what pharmacy they want to use. another battle is helping patients take the drugs they are told. it costs the u.s. $300 billion a year. handful ofe a startups doing same day deliveries, but we think that is a different solution. the secret sauce of pill pack is not delivery. goals is to make taking medicine easy. a story to leave you with, a disturbance in the force at disney this we can be described in one word, excitement. that is after the announcement of the next installment of the star wars saga, star wars, the last generajedi. u.s.ast jedi will hit theaters on december 17. that does it for this edition of "best of bloomberg technology". next week, we have a terrific lineup of exclusive interviews, including dropbox and slack appeared

any american wants to go back to the health care year where they wrote the rules but republicans seemed all too eager to make america sick again. democrats are united and repealing health care reform to hold the republican majority in the president-elect accountable for the reform promised her president i yield the floor. . >> today we have a new congress and soon you'll have a new president and for the first time in years hard-working americans will have their voices heard is retake the first baptist to repair the nation's broken to health care system.n a steps to remove washington from the equation to put the control where it belongs. their patients, their families and their doctors. they have pushed insurance

the fitness bands are going to be integrated with united health care group. they're going to let you en monetary rewards for keeping your daily fitness goals. how about that? disney, i want to show you real quickly here. 52-week high. upgrade the price to 120 bucks a pop. trading at about 106, that's 13% upside for disney on that upgrade thanks to rogue one, a star wars story third week in a row number one at the box office. melissa: all right, lori, thank you for that. oil hitting an eight-month high and then dropping this afternoon. what happened? >> that's what happens when you have manufactured rallies, ever since opec came out about who is going to be in agreement and who is not? this is jumped pretty significantly. and you know what happens when we get this negative news that comes out on a manufactured rally has more importance than what we saw later after we were up higher into the strong dollar, libya producing more, outside the agreement. and of course the u.s. is october production was a lot more as well. so those two little bits of news popped tha

and look at united health and morgan stanley beating the street's expectation. dow slipped five points, nasdaq rose 26. back over to you. >> it turns out cord cutting may not be as easy as people hoped. this is the new app from at&t that lets you watch television out without cable or satellite. for some people it doesn't work well enough. and they apparently can't get their money back. people are very angry. it popped out during the packers game. that was a turbulent enough game to begin with. >> it can't comcastic. >>> winter spare the air alert is in effect today. a live look from our emeryville are camera. folks returning to work after the martin luther king jr. holiday. despite the chilly temperatures today, you will have to find an alternate way to warm yourself up. >> maybe a coat. >> or a cup of coffee. >> it is a cold start to our morning. >> oh, yeah. some spots dipping below freezing. the possibility of slick spots on the roadways. slow in an extra layer, as we said. as we get a look at some of the current temperatures, it is below freezing. 37 degrees

united health care is buying surgical care affiliates for around $2.3 billion.is valued around $57 a share, at 17% premiums. this is giving the biggest u.s. health insurer and outpatient chain, as a ghostly health care delivery business. single care serves about run -- two former executives at heritage pharmaceuticals pleaded after an investigation into colluding. companies were named in a lawsuit filed by 20 eight states in december accusing them of conspiring to raise the prices of an antibiotic and diabetes drug. yvonne: one of 2016's biggest european hedge fund startups posted lost his. -- losses. insuffered a 5% reversal november when donald trump's surprise election victory sprint volatility. that was among a small number of hedge funds to raise money last year. prefers global. -- equities. let's bring in bill malden votto -- maldonado. global story seems to be shaky. we are seeing dollars snapping from the rally. this?o you make of all >> i think it is a short-term thing. if we look out a bit longer, something very fundamental has changed. we had been liv

remarkable reversal in united health. i'm not on the conference call. united health is the long-term way to play. so much is happening. i know there are people who said their optum addivision wasn't strong. i remain committed to the country as a way to play the deal. >> texxon has great balance. great for the bass family. >> interesting. i guess the reynolds deal is obviously far larger but maybe was counted last year because that's when the offer was made. >> i point out, again, this permian is a way to raise numbers. people have to understand, halep burton found ways to drill there. if you go down there, we can get the stuff out. some people say $15 or $20 a barrel. look at that. for the core of the core. >> core of the core. >> i have to remember that line, core of the core. >> i like that. >> dow is down 52. bob is on the floor. good morning. >> morning, guys. bond yields down, the dollar is down, stocks are down. things improved when theresa may started talking, maybe a little more clarity on what she's -- her goals are helped out overall. energy h

corporations like united health are only in the for theiro make money c.e.o.s and stockholders and they't provide care. we need single payer healthcare system like all the other countries and take the profit out of the healthcare system. host: arline in san francisco. thanks

i'm worried it could be faux health care, like united health. faux health care, the visa, mastercard of the banks. i do think that when i look at merck and pfizer, these stocks are still -- they've got some room before they get back to their highs. i just find them unexciting. what i didn't like -- celgene did not guide up today. i thought that celgene would guide up and that did not occur. i do want to hear about amgen, which is nonpromotional, positive. >> pete, you heard the conversation. weigh in. >> yeah. >> i know you like the space and you hold many of these stocks. however, you've also voiced concerns about the possibility of the tweet. >> yeah. right. i think i'll have less concern it is we have the opportunity to actually do exactly what mark alles was talking about, educating the president more about the exact process and how much the innovation needs to be there and they need to have that innovation to be able to push health care and these pharma names as well as biotech names to the next level. i think it's all about just making sure

the highest earnings per share and revenue from united health group.omments on how uppers to repeal and replace obama cared to affect the country. the man health group has withdrawn from the abundant care marketplaces. nicole: it sounds like something from the jetsons. aviation giant. the self driving flying car by the end of the year. the company first made a commitment to the technology last august when it is not a project for a client autonomous taxis. the company hopes to find vehicles will reduce infrastructure costs for cities like something new. what is the faa going to say about that? taxis, drugs, coming up. the painful loss on christmas day. south korea and kevin durrant invited lebron james to oakland. access to the ohio valley from the fox extreme weather center next. down arrows across the board on wall street as the market it to open after the long holiday. dow futures down 85 points that we are continuing to see selling this morning. you are watching "fbn:am," your first look at morning markets and breaking news. 5:48 in the east. ♪ . wh

are managed by people like cvs caremark, united health, and express scripts -- >> typically mail orderrsed at a lower rate than retail pharmacies or a specialty pharmacy for dispensing a prescription, so my guess is that pill pack is at higher rate than the traditional mail-order rate we see out there. reporter: part of the sales orders are at risk. >> part of that negotiation was around rates, but that was not the core negotiation. the core negotiation was do consumers ultimately have the ability to choose what pharmacy they want to use, and that is why we thought that battle. reporter: another battle is helping patients take the drugs they are told. according to the new england health care institute, a cost the u.s. $300 billion a year. >> there are handful of standups sort of doing the same day deliveries as pharmacies, but that is not the solution. the secret sauce of pill pack is not delivery. reporter: pill pack's goal is to make taking medicine easy. that might help patients take their meds on time. ♪ caroline: a story to leave you with, a disturbance in the force at disney this

. >> let's understand each other i am only recommending one in that group and that stock is united healthunh, which i think you can go up ten points and hmolina mianders >> love it. how can i help? >> caller: jim, we want to know about royal caribbean cruise lines. >> it's terrific. why am i partial to carnival? donald does a remarkable job. that's the one i want to be in. jake in pennsylvania, jake. >> boo-yah. >> doing well, how about you? >> i'm doing well. by the way, smx. coca-cola brand and convenience stores vently entered the fuel business. and 52 week and five-year low. and the industry. >> look, i appreciate that. i think and that is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade. . at wd m cred tto o tcoeony,, l.athtara won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. and if you have mor

you should take advantage of the fact united health has come down three after what i regarded was a great quarter. that would be a better buy. how about noor in california, noor. >> caller: i was looking at sprint corporation. what's your advice on possibly investing with them given that they're, you know, pretty much -- revolutionized japan's wireless industry? >> i think sprint is doing very well, and i think t-mobile is doing very well. there was a lot of chatter today about combinations. either way, they're doing well. now, all that said, i think that you have to recognize that they've run, but i wouldn't -- i would not get in the way of someone who wanted to buy some sprint stock here. phil in my home state of new jersey, phil. >> caller: booyah, jim. how are you? >> i'm good. how about you? >> caller: good. i'm calling in regards to coit. i own 400 shares and i was thinking about purchasing more shares. is it worth adding to my position? >> you know what i would do if i wanted to own kite? i would wait because this is -- >> not a trump stock, not a trump stock. >> i would wait until

alix: we did see united health halt sales of health insurance through the affordable care act exchangesexchanges? mind thate to keep in the changes themselves are relatively small percentages of the overall picture. night health care is a very dominant provider of health insurance, so across many carerent -- united health is a very dominant provider of health insurance. alix: what kind of uncertainty can we expect in volatility? >> absolutely. and that couple of quarters, at least are going to be a period where we get repeal, and more than anything, but in terms of what that replacement looks like be very uncertain. there will be a period where investors will not know what will be getting. alix: we saw president-elect trump take a meta-boeing and lockheed martin. -- take aim at boeing and lockheed martin. a period ofbe in shots across twitter with headlines and profiles of high drug pricing. when you get down to brass would a couple of things be to distinguish between companies that are truly in abating, and pricing products that are lifesaving as opposed to price increases on things li

the record that republicans in various cycles have proposed to make sure everybody in the united states has health insurance prior to president obama taking office. in 2008, senator mccain when he ran for the presidency of on part of the platform the universal tax credit for everybody the united states. by the way, senator obama attacked him on that proposal for a variety of reasons. it is not true that republicans have never been for making sure that everybody in the united states has health insurance. during president bush's term in office, he proposed a tax credit for health insurance basically every year he was there. it never got enacted largely because there was a lot of democratic opposition to doing it the way he wanted to do it. there is a lot of water under this particular bridge, ok. at this point however, i think after sevenrue that years after the affordable care act was made law, things have changed and there are things on the ground that have to be recognized. someyou move forward with new legislation, you cannot erase the last six and a half years. you will have to deal with the re

>> have you ever heard of a company called aetna, united health care?ell insurance in more than one state. >> kind of everywhere i looked. >> what they are suggesting is if you live in new jersey you can buy insurance in south dakota because south dakota has the loosest regulations and therefore will charge a price that reflects the fact it is not real insurance. so they are fleeced. >> there are dozens of states all over the country that would be willing to allow health insurance policies to be sold but that the state of california would never allow because they would say it is sub standard. >> besides the issue with health care, as dr. dinos, is not the insurance companies because they pay for health care it is the price of health care that we pay, as patients and insurance companies pay. the other thing i think they will do and i think we need to educate everyone in the country though beware of three words "high risk pools." that's what they are going to sell temperature they are going to provide insurance for everybody by putting people who are sick

end of last year where the ftc, the obama administration, ftc blocks a big merger important to united healththey say, okay, fine, we're done losing money with your health care exchange. i would prefer this. it doesn't mean much but it's probably a net positive overall. >> all right. breaking news out of washington. let's go to eamon javers who has a story for us. >> that's right. i told you earlier about this emergency meeting of house republicans on this issue of the office of congressional ethics. you remember that earlier in the week the republicans made a move to weaken the office of congressional ethics saying that it had become over zealous in its enforcement of ethics on capitol hill. this morning donald trump tweeted out a couple of tweets aimed at that decision criticizing his fellow republicans on capitol hill, trump saying with all that congress has to work on do they really have to make the weakening of the in the ethics watchdog as unfair as it may be, their number one act and priority? in that meeting this morning that began at 11:50, house republicans reconsidered their move a

you can take the premiums, invest them in risk-frees that are giving you a better return. 13, united health. it always blows away the numbers and then falls into a strange and weird function for five days as people assess it. and then the stock roars ahead. guess what, the furnk's about t end. this is the only health care stock that i believe is on the right side of president trump because it thought obamacare was simply unworkable. what about number 14, united technologies? the ceo delivered again. otis elevators, better, climate control, superb. maybe the turbo fan engines, they did not -- weren't able to execute perfectly on that, but, please. it was a good kaert. you didn't even notice the couple pennies per share that trump knocked off the earnings by making greg hayes keep those jobs in indiana from going to mexico. two cents. finally verizon. i hate to end on v, but it was terrible. it was really disappointing. it's losing share all over the place. t-mobile and sprint seem to be eviscerating them and they got to own that. let's go back in totality. of the dow names that have already

are managed by people like cvs caremark, united health, and express scripts -- >> typically mail ordert a lower rate than retail pharmacies or a specialty pharmacy for dispensing a prescription, so my guess is that pill pack is at higher rate than the traditional mail-order rate we see out there. reporter: part of the sales orders are at risk. >> part of that negotiation was around rates, but that was not the core negotiation. the core negotiation was do consumers ultimately have the ability to choose what pharmacy they want to use, and that is why we thought that battle. reporter: another battle is helping patients take the drugs they are told. according to the new england health care institute, a cost the u.s. $300 billion a year. >> there are handful of standups sort of doing the same day deliveries as pharmacies, but that is not the solution. the secret sauce of pill pack is not delivery. reporter: pill pack's goal is to make taking medicine easy. that might help patients take their meds on time. ♪ caroline: a story to leave you with, a disturbance in the force at disney this week

united health, exxon, verizon and the biggest drags. phil flynn, watching action in oil and gold from the cme. lori rothman from the floor of the new york stock exchange. lori, oil losing big. >> this darkening shadow over retail sectors. we heard from some retailers about disappointing season. target had a traffic warning. looks like four numbers will meet earlier expectations. target down almost 6%. dollar tree, macy's, jcpenney all down. macy's had price target cut by credit suisse. jcpenney was put at underperform. the brick-and-mortar story is falling apart versus giants like amazon online. let's talk about the banks. goldman sachs reported a fourfold rise in quarterly profit benefiting from a surge in trading volume from the surprise win of donald trump. didn't help the shares. got to look at goldman in perspective. goldman led charge higher with financials and market as a whole since the outcome of the election. no surprise it backed off. we saw gains in other major financials today. citigroup up 15% since the election. fourth qu

deere, united health and level 3 all hitting new multiyear highs today. all are part of the cnbc iq 100 index which has out performed all the major indices this year. up 26% in a year. for more on the cnbc iq 100 index go to cnbc.com/iq100. more "halftime" coming up. at 2uw we have news on cbs and hulu. cbs and hulu are in the final stages of the talk to include the cbs network and hulu's live streaming service. we expect the companies to announce a deal later today. this is a key piece of hulu streaming service because cbs was the one major broadcast company, the one major media company not involved in this. notably for cbs, les has made a dig r big deal to make sure they are paid for their content. cbs will be earning more than $3 per monthly subscriber when it starts off and over the course of the multiyear deal will finish the deal earning $4 for subscri subscriber. that is more than cbs currently earns from networks from traditional distributors. those shares trading up nearly 2%. scott, back over to you. >>> let's move to energy. up nearly 1% this y