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Transcripts For CNBC Squawk On The Street 20151110

Decade. Shares of the gap falling hard in premarket adding to the companys double digit stock slump. Shares of valeant and malinckrodt are lower. Still down in the premarket. Well have the latest on that scrutiny of and by citron. And in a few minutes, Mary Jo White will join us from d. C. Whats at the top of the regulators to do list . Stocks are set to open lower after rate hike concerns helped to extend the s ps losing streak to four and sent the dow back into negative territory for the year. Transports remain 12 below an all time high. Utilities down 15. A lot of signs that maybe we lost the momentum we built in october. I think we did. Norfolk southern up big yesterday on chatter of the possible bid, didnt seem to matter, the transports. No. That bid itself may be highly unlikely given the regulatory impedime impediments. People go, of course, theyll let that go. We need railroad in this country. Both class ones under the Surface Transportation Board, unlikely. Well see. I said so

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