Questions are good a lot going on all right the markets are crazy, becky what was that, 350 on friday, when it was all said and done. And strongly higher again this morning. Almost 200 and also well, well take a quick look heres a check on the markets u. S. Equity futures at this hour are, as you can see, 193 points indicated on the dow the nasdaq up another 25 the nasdaq shb dhad been diverg last week. Thats a big move that we saw, continuing buying, going on, across the board in this country. And actually in asia and europe, overnight, some strong Market Action and some interesting news in the tenyear note as well. But as you can see, the nikkei was one more than 1 point 260 points hang seng up sharply as well check out europe, green across the board, in europe, when i watched, at least looked this morning. Not the gains that were seeing here or in asia. But well see what happens this week as we move forward. Its only 6 01 and treasury yields moderating on the tenyear, which that you
Markets and the feds and beyond. Lets get to andrew with breaking news on valeant. Another turn, the drug maker says its ending its relationship due to the Specialty Pharmacy business practices. The company saying it has lost confidence in the ability to operate in a manner acceptable to valeant. In response it said it would shutdown operations as soon as possible. Cvs health care also dropped them. Cvs saying it will no longer use services after an audit found evidence of noncompliance. Now valeant has been facing a lot of pressure and is facing federal scrutiny as well on the drug pricing and distribution policies so this is a big issue. Also activist investor and one of the largest shareholders expected to hold a Conference Call discussing his firms investment in valeant. Philidor represented somewhere between 5 and 10 depending on whose math you were doing for valeant. This will be a direct hit on the company but does seem to be suggesting they take some steps. Another story, one o
The inscription, said love corey and ryan, who is corey and who is ryan. That must have been a shocker to cross your desk. Sends a chill down your spine. I killed someone. He was older. I loved him. Pretty scary. A sinister story. But not even it revealed the whole twisted truth. I know what happened and no one will believe me. Its like, this really happening . I didnt think i could feel so much anger. It was late, past midnight. No sign of life. Not so them anyway. He hit the brakes. This was the place, grabbed their weapons, headed for the house. A window, unlocked. Pay dirt. The prairie takes on a sweet rolling pitch as it tucks in to a nebraska corner a mile south of omaha, it has grown solid and faithful americans. A tiny remnant of whom who have planted themselves around a place called murdock, a place where heads turn when strangers drive by and family names are carved in the local stone. It was 2006, a big farm yard, and like every yard, an Easter Egg Hunt. It was grandma and p
Welcome to squawk box on cnbc, im becky quick with ross westgate. Andrew is reporting from switzerland. Thats why weve got the mountain music. Well get to andrew in a moment. First, the top stories. The common theme here Quarterly Results, shares of google getting a boost. Earnings and revenue topping consensus and perhaps more important metrics, revenue from googles core internet business. It outpaced many analysts expectations. Advertising rates fell less than in proves periods. As you see, the stock was up this morning up almost 5 in the premarket. Ibm shares jumping after the bell. Earnings and revenue beating the street, as well. The Worlds Largest Technology Services Company Offering a better than expected outlook for 2013. That stock, as you see, up by 4 in the premarket. Also, we had advanced microdevices. It came in with a smaller than expected loss in the Fourth Quarter. The shares were rising in the afterhours trading. You see this morning down about. 4 . Heres the issue com