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Welcome to countdown. It is 7 00 in london. Numbers,eported its annual profit drop. The company cfo Howard Miller will be joining us to discuss the outlook for the airline and its expansion plans. Pfizer has raised its offer to buy astrazeneca 269 billion 69 millionsays to pounds billion pounds. What exactly are they hoping to achieve . They say it is the last offer they will make. I do not think astrazeneca is going to accept it. And in they say they will not go hostile. Point . The weve had a number of discussions between the two companies. This is a pretty chunky deal. We have done a lot of analysis and we found that this is valuing the Company Based on the numbers astrazeneca has put out. That seems pretty much in line for how the company should be valued. Perspective, they can go without really getting to a point where the costcutting is not so deep that it becomes pretty ....
Billion dollars. 36 is spent on medical programs. You can see this chart comes from the veterans affairs. Is that enough money . Telling me now that only 41 went medical care. This is a lopsided perspective. Were wasted onrs to conferences in orlando. Hr executiveave an testified to where the money theyre creative throwing money down the drain on nonmedical related issues. The should be going to Service Benefits such as funeral and education benefits. When your overhead is overwhelming your product, no Organization Works like that. No fortune 500 Company Works like that. Your overhead should be sucking and train in out not be sucking and training out your revenue. They had an increase of over 60 since 2009 creative it has doubled since 2001. They got everything they wanted from congress. This is not a money issue. I ....
The way that we look at it is the way that we look at other vices as well. At the end of the day it comes down to selfcontrol, to some extent. No one forces you to go into a bar or any other vice activity. Elsee same extent, no one forces you and you need to make the choice on your own. If this is something that you struggle with, you can signup for an exclusion list and they wont let you in if you show up. Another tweet for you well, i would say that the racing business in the u. S. , the horseracing business specifically is in a longterm structural decline. That is a bit of a different industry. However, it really seems that they you can draw some parallels between them, but it seems you are really losing your audienceaudience as opposed to e they were 50, 60, 70 years ago, although there are three big races every year, other than that people have not really been going to the tracks. When you look at the casino business, and i mentioned this before, there are structural issues they g ....