. >> pfizer is looking to report 62 cents. break superhard to do during the third quarter pfizer announced it will abandon plans to split into two companies. instead holding on the its lower growth generic drug business pfizer deciding this was not the best course of action to produce cash flow. so investors want to know what was the ziegd factor there. second the legacy drugs revenues are important to pfizer as they are one of the largest contributors to its top line. and the third thing to watch the pipeline, listen for any additional highlights such as it's similar to j and jarch arthritis drug that's set to launch later this month. shares of pfizer are down 14% in the past three months. >> thank you. more stocks to watch today. anada rx o petroleum reported a loss. the company does expect to raise more cash than originally planned through the sale of various anadarko. expecting a loss that's bigger than previously forecast. blackberry taemg up with ford to expand use of its q and x connectivity software in cars. first deal

now, theer regulations regarding these tax inversion deals, regulations that allergan and pfizer had followed incredibly closely. the two companies specifically crafted the deal to meet the terms laid out by treasury for approval. but then the government totally changed the rules on the companies, literally making it so this very specific deal was totally spiked and not others. i didn't see it coming. and allergan quickly shed 100 points. what did i do wrong? i trusted the government to keep its word. didn't see it coming. and allergan shed those 100 points. yeah, you know what? in an era where deals have been killed left and right with the most activist antitrust department in 50 years, i don't think there's necessarily a reason to believe that any deal is going to be a given going through, especially one that is now politically unpopular. yeah, i trusted the government to keep its word. meanwhile, the government claimed there was no word even offered and allergan and pfizer were acting as rogues. the government changed the goal post. but if i knew enough to take profits from walgre

meanwhile, the government claimed there was no word even offered and allergan and pfizer were acting as rogues. that's simply not true. the government changed the goal post. but if i knew enough to take profits from walgreens on the spike, why didn't i know it would be too dangerous to hold out for the pfizer/allergan merger? simple answer. i was greedy, and the bottom line is that in this business, greed is just plain bad. don't let anyone on or offscreen tell you otherwise. it only takes a second for an everyday item to become dangerous. new tide pods child guard pack. helps keep your laundry pacs safe and your child safer. align, press and unzip. it's the phillips' lady! anyone ever have occasional constipation, diarrhea, gas or bloating? she does. help defend against those digestive issues. take phillips' colon health probiotic caps daily... ...with three types of good bacteria. ? ? ? snowmen with buttons, snowflakes with icing ? ? candy corn feathers, sure look enticing ? ? rice krispies treats, the fun doesn't stop - ? i've been talking about what you can learn from the mistake

pfizer and j & j, they're number one and two here. repatriation. they're going to benefit. >> you also have some tax laws going on here. this is one of the few yarsz in the market where people have -- they're very high quality companies. i think there's going to be a balance in these names short-term. what joe was talking about, you want to be in the best charts. you want to be in if strong stocks that are getting stronger but are not yet overbought. i have got three large caps only in the pharma sector that meet that characteristic. santa fe, advi and merck. on the biotech side, you have insight. you have celgene and biogen. these are stocks that are accumulated while the rest of the sector are being sold off. these are the ones that involve the most if and when this sector finds momentum. >> yeah. i just like to enter bristol-myers stock. came way down. over done because of a drug trial that i think they blew. great franchise in cancer. larger multiple. that's very attractive. >> tiffany is having its best day in more than a year today after a su

we've got pfizer not making money for you. we have amazon making money for you even if disappointing this week. it's all over the map. i know we talk a lot about what's going on with politics, but we are still in the midst of an earnings season that every day becomes less fathomable as companies just disappoint and excite at a level that i haven't seen in a long time. the disparity within the sectors is incredible. >> got it, totally agree. jim, great. we'll see you in just a few minutes. stay tuned for "squawk on the street." "squawk box" will be right back. for the holidays. before his mom earned 1% cash back everywhere, every time. [ dinosaur growls ] and his dad earned 2% back at grocery stores and wholesale clubs. yeah! even before they earned 3% back on gas. danny's parents used their bankamericard cash rewards credit card to give him the best day ever. that's the joy of rewarding connections. learn more at bankofamerica.com/getcashback. >>> fast company is hosting its innovation festival this week. we want to thank our

and i'm looking at a stock like pfizer. if you see it back towards 28, that was the 52-week low from february. that's a good shot with a four and quarter percent dividend yield. >> pete's dad is a democratocto. we could have a two-hour show about this. >> let's do it. >> the point is, if you want innovation in that industry, that's part of the whole thing. i'll get off my soap box now and say we'll quick. i've been dead wrong about amgen, one of the names for quite some time now. but if you would just take a step back and look at the company and balance sheet and valuation and pipeline and the products they have out in market now, it's just too cheap. not to say it can't get cheaper, because we have seen that game before. but there are certain stocks now that are trading as if they're going out of business or they're taking their ball and going home. and in my opinion, amgen is one of them. >> and you piece that together with what meg said and the stocks with a disproportionate reaction either way on the results of prop 61,

they were surprises and helped their world, and then you've got alcoa, apple, pfizer. those have been the negatives? >> yeah, you know, we have to remember there's been beneath the surface, this rotation, it started when rates start to rise, and that's out of these value stocks, the dividend payers people have gone the so used to trading at such high multiples into the growth stories. almost a conservative play on the market. but beneath that, still, there is a threat of a central bank repricing that everybody is worried about. people are looking and jumping stocks beneath the surface, people recognizing i want to get out of quality value names into growth because on a relative basis, they're much cheaper than a long, long time. liz: let me tell you a big news story out of alabama. oil, we are down, let me check here, a fraction of a percent, still at $46.70. gasoline is the big issue with the fire in alabama? >> liz, it's impossible to say what percentage of that move is related to that incident. liz: why? wait a minute. come on, really? because the second this pipeli

now we want to turn to pfizer. earnings came up from pfizer after their earnings fell short of estimates due to weak sales from older drugs like lyrica. joining us from london is sam for zoe -- sam. talk about this they missed narrowly on their earnings that they are projecting they will be doing better going forward. the they have raised revenue target for 2016 by just about half $1 billion. also obviously on the eps side have reduced their guidance because of this issue they have had with this clinical trial that i think is going to be the story here rather than the earnings, because the top line came in at a much flat versus consensus, the bottom line missed by a percent, mostly because of the older drugs rather than a key growth drugs. it is important when you look at one of these companies growing into the future. david: at talk about the older drugs versus the new drugs. it was thought that pfizer would be splitting the company and decided not to do that. did we learn anything from the earnings about whether

pfizer and merck rose sharply. megter held has more on what's ahead for that industry. >> reporter: the republican sweep of the presidency, house and senate, alleviates investor concerns over increased regulation of drug prices an issue that dogged the industry for the past few years. increasingly into election day. stocks soared today. it had been in the cross-hairs of senator bernie sanders over pricing of its leukemia drugs. investors now expect no major drug price reform in the new congress. according to a survey done by ever core isi. and the relief not just on the federal level. prop 61 also appears to have been defeated. attempted to match discounts on drugs for california's state agencies to what the federal department of veteran affairs seechd. but the drug industry and others outspent supporters by about 7-1. the other issue drug industry investors are focused on is tax reform. the industry has been swept in the series of so-called inversion deals, where american acquirers seek targets overseas to lower t

it's going to be another busy earnings week ahead with names like sony, pfizer, facebook and alibaba, all reporting in the next few days. we have ended the earnings recession for now. that's the good news. but we're still waiting on 200 more companies to report results. the federal reserve kicks off its two-day meeting on interest rates tomorrow and the markets are widely expecting them to signal a rate hike in december. but no major surprises expected when both the bank of japan and bank of england meet later this week. finally, any clues from the widely watched october jobs report on friday will help solidify expectations for the fed even further. for "nightly business report," i'm bob pisani at the new york stock exchange. >>> another thing the market is intently watching, anything coming out of the fbi's investigation into new e-mails related to hillary clinton's private server. eamon javers is on the case. what can you tell us, eamon? >> reporter: hi, tyler. what we know of as of this evening, fbi officials carefully going through the e-mails now that they have a warrant in place

. >> speaking of drug stocks, we'll get to pfizer. speaking of rising costs and lower efficacy over time, we'll get to pfe. we'll get cramer's mad dash and count down to the bell. more "squawk on the street" after the break. now that fedex has helped us simplify our e-commerce, we could focus on bigger issues, like our passive aggressive environment. we're not passive aggressive. hey, hey, hey, there are no bad suggestions here... no matter how lame they are. well said, ann. i've always admired how you just say what's in your head, without thinking. very brave. good point ted. you're living proof that looks aren't everything. thank you. welcome. so, fedex helped simplify our e-commerce business and this is not a passive aggressive environment. i just wanted to say, you guys are doing a great job. what's that supposed to mean? fedex. helping small business simplify e-commerce. >>> 32 flavors, that's baskin-robbins, but we're talking about l brands. >> i'm going to keep it brief. last night they gave some numbers that were a tad disappo

look at pfizer. pfizer is big cap company. a lot of money overseas. stock's up 10%. why? what happens with pfizer today, david, an inquisitive company what happens that suddenly they're up 10%? did they discover a new drug? >> no, pfizer is a beneficiary i think of a trump administration, republican congress, a, because they have $30 billion or some number let's call it overseas that will come back. that will be big for them. at a very low tax rate. >> right. >> also, the pressure is off on drug pricing. you could argue. >> 39 billion. >> that will be a positive. i don't necessarily think he's going to let up on inversions, but i don't know. you know, if you can bring the money back, what's it matter? pfizer doing the allergan deal to get the cash overseas. so everybody doing inversions to get access to cash not going to have to worry about it anymore. and that certainly crosses off one big reason for doing them. >> let's talk tesla for a second. okay. i mean, tesla is a company that i would not imagine gets as many tax breaks. >> no. >> right? >> but tesla does benefit f

pfizer missed estimates for the first time in three years. they reported disappointing third-quarter sales from drugs such as pain medication. the company ended four years of speculation. jobsrs is eliminating worldwide. they will take a charge of $250 million to keep reducing expenses. third quarter profits beat estimates. subscription businesses improved. we compete with them in providing news and information. usa today will not continue discussions to buy tronc. they have been trying to buy tronc so they can compete online. bloomberg reported that the banks set to finance had asked out. u.s. builders cut their spending on construction projects in september. this is the second straight monthly decline. total construction fell 7/10 of 1%. latest.our ahead, young china ceo ricky pant is next. a separatetrading as company. these are the shares you can check out from my bloomberg terminal. we were just talking to the chief executive. the shares are $24.72. we're looking forward to that interview on the day the brand was spun off. vonnie: eight

. >> how about pfizer, pfe? here's a stock that's facing terribly negative sentiment in recent months, but i think the mp with huge free cash flow. granted, pfizer soared 7% today, but the stock is still five points off its highs. it's trading at just 12.3 times next year's earnings estimates. i regard that as very cheap, especially again considering the 3.7% yield. third, i've been a fan of celgene investors circle right back to the biotech today, causing it to spike up close to 11%. it's now not my cup of tea up so high. but even at these levels, celgene is down more than 20 points from its peak in july of 2015, and some of these declines company. part of it may be because investors got used to celgene beating the numbers every time it reported. but in late 2015, early 2016, the company only managed to meet the numbers. still when they reported again a few weeks ago, they were back to their old ways, blowing away the estimates. in the end, this is a company with 27% revenue growth. yet it's selling for just 17

meanwhile, the government claimed there was no word even offered and allergan and pfizer were acting as rogues. that's simply not true. the government changed the goal post. but if i knew enough to take profits from walgreens on the spike, why didn't i know it would be too dangerous to hold out for the merger? simple answer. i was greedy, and the bottom line is that in this business, greed is just plain bad. don't let anyone on or offscreen tell you otherwise. "mad money" is back after the break. energy is a complex challenge. people want power. and power plants account for more than a third of energy-related carbon emissions. the challenge is to capture the emissions before they're released into the atmosphere. exxonmobil is a leader in carbon capture. our team is working to make this technology better, more affordable so it can reduce emissions around the world. that's what we're working on right now. ♪ energy lives here. >>> for most of tonight's show i've been talking about what you can learn from the mistakes i've made running my charitable trust, which you can follow along at

. >> how about pfizer, pfe? here's a stock that's facing terribly negative sentiment in recent months, but i think the company remains a powerhouse with huge free cash flow. granted, pfizer soared 7% today, but the stock is still five points off its highs. it's trading at just 12.3 times next year's earnings estimates. i regard that as very cheap, especially again considering the 3.7% yield. third, i've been a fan of celgene investors circle right back to the biotech today, causing it to spike up close to 11%. it's now not my cup of tea up so high. but even at these levels, celgene is down more than 20 points from its peak in july of 2015, and some of these declines were about politics, not the fundamentals of the actual investors got used to celgene beating the numbers every time it reported. but in late 2015, early 2016, the company only managed to meet the numbers. still when they reported again a few weeks ago, they were back to their old ways, blowing away the estimates. in the end, this is a company with 2

>> such as pfizer, for example. even though they came down, that is a high dividend paying stock. >> do you buy more because of the drop? >> i would. long-term forecasted growth rate on the top line of 3% to 5%. that's all you need to hit a price target of $40 per share. another name you may want to look at is a church and dwight, they're a consistent grower, top line growth of 5%. dividend growth roughly of 10%. you may want to look at a lost health care companies that do pay dividends that are consistent growers. i think there is a tremendous team of opportunity within the health care sector as the headline risk has come into the market. >> church and dwight near my house, best known for baking soda. very exciting product. chad likes it. a value guy. craig johnson, how do you chart the demise of the higher yielding stocks and how does it look it you technically? >> one thing you can do is look at the proxies, like the xlu. this is an index already violated the uptrend support line that's been in tact for the last

we will bring you all the details on the pfizer report coming out. the dow, s&p 500 with the third straight monthly decline. again at the opening of trading after those declines this morning. in your major markets little changed. little changed. a fractional moves largely to the upset of quarter of a percent across the euros on print the federal reserve begins a two-day meeting. starbucks annual holiday card. we want to show you the asian markets actually looking at next performances. starbucks annual holiday conflict the new images of the iconic red cup coming out. stories coming up this morning. generated talk about it, dagen mcdowell, chief economic correspondent john helsing that and cochair morgan ortega spirit great show, guys. >> i can't believe it's a week. dagen: what could have been. >> what else can there be? >> i think there's something else the sink for dramatics. maria: interesting to see the pushback on reopening the investigation. they are just digging in. i was expecting some big report on trump to change the conversation. instead th

so we could see big gains, pfizer was up, mylan as well and amgen up 5% as well t. calls for the u.s. marks are for further gains at the start of the trade >> i love that. >> we can get a little sense of it. thank you. well, just ahead, will president-elecmp become a role l for our nation's children? ok! impaciente! manolo! you're so cold, come in! what's wrong? take off your hat! no hey...it's, it's dry... your scalp? mine gets dry in the winter too. try head and shoulders' dry scalp care it nourishes the scalp 3 surface layers deep to help... and keeps you up to 100% flake free now we can cuddle the whole winter! head and shoulders' dry scalp care just like mom, be cooked. campbell's one dish recipes, designed around one pan and your schedule. made for real, real life. jack be nimble, jack be quick, jack knocked over a candlestick onto the shag carpeting... ...and his pants ignited into flames, causing him to stop, drop and roll. luckily jack recently had geico help him with renters insurance. because all his belongings went up in flames. from banana republic. vis

so we could see big gains, pfizer was up, mylan as well and amgen up 5% as well t. calls for the u.s. marks are for further points higher. >> i love that. >> we can get a little sense of it. thank you. well, just ahead, will president-elecmp become a role l for our nation's children? ok! impaciente! manolo! you're so cold, come in! what's wrong? take off your hat! no hey...it's, it's dry... your scalp? mine gets dry in the winter too. try head and shoulders' dry scalp care and keeps you up to 100% flake free now we can cuddle the whole winter! head and shoulders' dry scalp care just like mom, hey guys, i'm home! of course no one said it had to be cooked. campbell's one dish recipes, designed around one pan and your schedule. made for real, real life. jack be nimble, jack be quick, jack knocked over a candlestick onto the shag carpeting... ...and his pants ignited into flames, causing him to stop, drop and roll. luckily jack recently had geico help him with renters insurance. because all his belongings went up in flames. and now has new pants he ordered from banana r

for instance, pfizer was up 7%. mylan was up and amgen. they are for gains at .3w5ir7b9d campbell's one dish recipes, designed around one pan and your schedule. made for real, real life. jack be nimble, jack be quick, jack knocked over a candlestick onto the shag carpeting... ...and his pants ignited into flames, causing him to stop, drop and roll. luckily jack recently had geico help him with renters insurance. because all his belongings went up in flames. jack got full replacement visit geico.com fast forwarding today the national toy hall of fame reveal bares, rock 'em sock 'em robots and uno? >> a big day. all right, in addition to hosting donald trump at the white house, president obama welcomes the champion cleveland cavaliers. they defeated the golden state warriors in june. today is a milestone, holidays are here. th 94 from new york. they do arrive progress on saturday. here we are. we are live. >> the official benchmark. leaving the news with donald trump's win, teachers worry about classroom bullies, several teachers say they ar

so we could see big gains, pfizer was up, mylan as well and amgen up 5% as well t. calls for th.e u.s marks are for further between .7 and when percentage points higher. >> i love that. >> we can get a little sense of it. thank you. well, just ahead, will president-elecmp become a role l for our nation's children? ok! impaciente! manolo! you're so cold, come in! what's wrong? take off your hat! no hey...it's, it's dry... your scalp? mine gets dry in the winter too. try head and shoulders' dry scalp care yers deep to help... ...prevent dryness and keeps you up to 100% flake free hey guys, i'm home! of course no one said it had to be cooked. campbell's one dish recipes, designed around one pan and your schedule. made for real, real life. jack be nimble, jack be quick, jack knocked over a candlestick onto the shag carpeting... ...and his pants ignited into flames, causing to stop, drop andoll. luckily jack recently had geico help him with renters insurance. because all his belongings went up in flames. ent and now has w pants he ordere visit geico.compublic. the 2016 b

. >>> half at pfizer on -- advisor on immigration, sheriff joe arpaio. the person who presided over the worst pattern of racial profiling by a law enforcement agency in american history is huge fat are. so much of her speech was focused on immigration. the list of -- of high-profile figures campaigning here is not listened limited to presidential race, mitt romney is also in the valley. for rally to support john mateen. the event will take place at of spring training park -- part in mesa at 6:30 p.m. tonight. as we head to the final stretch of the campaign you can find -- you can find more answers on rallies, polls and focus ocean by opening up overlapping cleaning on the campaign 2016 icon. the suspect in the murder of two i will police officers had a run-in with police, weeks ago. and to say this is a once in a life something is not quite right, it's even weirder than that. the cubs are world champions today. rather phones, we are giving away two tickets to see vote putting a wife to work is a very dangerous thing. when i come home and dinner's not rea

pfizer is evaluating a potential spinoff of its consumer health division. the u.s. drugmaker will exit the consumer health is this which includes brands like chapstick and the painkiller advil. planning a public listing of its $15 billion health care business. it is a further step to focused on its core strength of energy technology. onto a initially hold majority of the business but has not said how much it might want to float. thomas: let's go back to the u.s. in clinton's heartland they have a new plan. >> it's got a catchy nickname. they are calling it calexit. this is in reactions to trump's victory. california voted solidly democratic. if the state of california were to secede it would be the sixth-largest economy in the world. it would be possible if an amendment were approved by two thirds of the house and senate and adopted by 38 states as well. although it's extremely unlikely, some tech types are getting on board. one has announced he would fund a legitimate campaign for california to become its own nation. thomas: thank you for that. now to some of the d

for instance, pfizer was up 7%. annual points higher. back to you, guys. >> i'd love that. >> we'll give a little sense of it. just ahead, will president-elect donald trump become a role model for our nation's children? odel for our nation's children? ok! impaciente! manolo! you're so cold, come in! what's wrong? take off your hat! no hey...it's, it's dry... your scalp? mine gets dry in the winter too. it nourishes the scalp 3 surface layers deep to help... ...prevent dryness and keeps you up to 100% flake free now we can cuddle the whole winter! you have dinner on the table at 6:00 every night. hey guys, i'm home! of course no one said it had to be cooked. campbell's one dish recipes, designed around one pan and your schedule. made for real, real life. jack be nimble, jack be quick, jack knocked over a candlestick onto the shag carpeting... ...and his pants ignited into flames, causing him to stop, drop and roll. luckily jack recently had geico help him went up in flames. jack got full replacement and now has new pants he ordered from b

so we could see big gains, pfizer was up, mylan as well and amgen up 5% as well t. calls for the u.s. marks are for further gains at the start of the trade >> i love that. >> we can get a little sense of it. thank you. well, just ahead, will president-elecmp become a role l for our nation's children? ok! impaciente! manolo! you're so cold, come in! what's wrong? take off your hat! no hey...it's, it's dry... your scalp? mine gets dry in the winter too. try head and shoulders' dry scalp care it nourishes the scalp 3 surface layers deep to help... eps you up to 100% flake free now we can cuddle the whole winter! head and shoulders' dry scalp care just like mom, you have dinner on the table at 6:00 every night. campbell's one dish recipes, designed around one pan and your schedule. made for real, real life. jack be nimble, jack be quick, jack knocked over a candlestick onto the shag carpeting... ...and his pants ignited into flames, causing him to stop, drop and roll. luckily jack recently had geico help him with renters insurance. because all his belongings went up in

. >> pfizer, brian. barclays upgrading pfizer to overweight from equal weight, raising the price target to 38 from 37. sees certain drugs capable of driving durable growth in oncology. pfizer bought motivation for $14 billion which specializes in prostate cancer. we don't know how that will be integrated but analysts are bullish. >> six buck pop. beleaguered pfizer investors would like to see 36 again. your second stock is two stocks in one. neighbors and precision drilling, he said, buy from a hold. they can't tell folks the land driller stocks look dirt cheap on a few different metrics, but they add they have seen enough cycles to know that coming off a cyclical trough land drillers like two companies tend to trade on a combo of asset values and rate of change on that basis, tph, oil based research firm sees land drillers like neighbors and precision drilling moving higher over the next 12 months, neither stock getting a bump today, probably because oil is down 4%. >> and tack, apple on the move, ubs r

. >>> abc news "nightline," brought to you by pfizer. simulation initiated. ♪ [beeping] take on any galaxy with a car that could stop for you. simulation complete. the new nissan rogue. rogue one: a star wars story. in theaters december 16th. lift up your head and keep moving or let the paranoia haunt you? everybody lack confidence, everybody lack confidence i keep my fee-fi-fo-fum i keep my heart undone the strong in me, i still smile. >>> and finally tonight, some presidential answers from a woman who has all three of her eyes on the election. nick watt is asking "what's up"? >> reporter: i want to know if donald trump will win the election. here in heavily hispanic east l.a., some are seeking supernatural help. >> what's this? the woman has the power. so that's hillary? >> it is hillary. >> reporter: trump's talk of building walls and deport illegals, have some people worried. they are going to seek help. sylvia says her clients are also obsessing about the election. he has a chance? >> yeah. >> reporter: how can we tell this? >> re

for instance, pfizer was up 7%. mylan was up and amgen. >> i'd love that. >> we'll give a little sense of it. just ahead, will president-elect donald trump become a role model for our nation's children? odel for our nation's children? ok! impaciente! manolo! you're so cold, come in! what's wrong? take off your hat! no hey...it's, it's dry... your scalp? mine gets dry in the winter too. try head and shoulders' dry scalp care it nourishes the scalp 3 surface layers deep to help... and keeps you up to 100% flake free now we can cuddle the whole winter! head and shoulders' dry scalp care just like mom, , i'm home! of course no one said it had to be cooked. campbell's one dish recipes, designed around one pan and your schedule. made for real, real life. jack be nimble, jack be quick, jack knocked over a candlestick onto the shag carpeting... ...and his pants ignited into flames, causing him to stop, drop and roll. luckily jack recently had geico help him with renters insurance. because all his belongings went up in flame

helps postmenopausal patients lower their risk of cancer regressing and would bring competition to pfizer drug cost and thousand dollars a month. >>> the governor says it will cost $30 billion to run our state next year. the budget was unveiled today in its larger than this year's. he proposes $1 million of cuts in transportation and education.>> hollowly -- hollywood is coming to town. the denver film festival kicks off. emma stone will walk the red carpet. this year's festival has 200 films from 40 countries.>> you do not have to be a film of this sonata, we've got something for everyone.>>> two of the films screening are getting oscar buzz. "jackie" and lion ". we have more information for you on the denver channel.com.>>> i bet you did not spend this much on your kids halloween costume. this dad put down $1500 for his three-year-old to look like wonder woman. is she cute or what? he says it's about teaching her to e empowered.>> i saw a movie where wonder woman was more powerful than superman and she was kicking butt. was so excited about that scene. >> as you can see, he re- work.>>>

it could have been a huge winner when pfizer tried to buy the company last year, but then the treasury department changed the rules, moved the goal post-on tax inversions, blocking the deal. it has really been downhill ever since. yesterday saunders announced a $10 billion buyback coupled with a 70 cent quarterly dividend, but allergan also missed estimates and the stock has been crushed, falling from 209 to 189. this is just in a two-day session. that's down a stunning 45% from its high. we own this stock for my charitable trust, and we've been telling actionalertsplus.com over at thestreet.com that saunders isn't getting enough credit in this vicious environment for drug companies, but do not touch the stock until it gets to 180, which is about at that point it will be cheaper than johnson & johnson, pfizer, bristol-myers, and eli lilly own though it has a much faster growth rate than every one of those, and that's insane. but it's what happens when the market takes away your credibility prematurely. even as it sold at this time generic business to teva earlier this year. but it did

it could have been a huge winner when pfizer tried to buy the company last year, but then the treasury department changed the rules, moved the goal post-on tax inversions, blocking the deal. it has really been downhill ever since. yesterday saun a $10 billion buyback coupled with a 70 cent quarterly dividend, but allergan also missed estimates and the stock has been crushed, falling from 209 to 189. this is just in a two-day session. that's down a stunning 45% from its high. we own this stock for my charitable trust, and we've been telling actionalertsplus.com over at thestreet.com that saunders isn't getting enough credit in this vicious environment for drug companies, but do not touch the stock until nine points below this level. why? at that point it will be cheaper than johnson & johnson, pfizer, bristol-myers, and eli lilly own though it has a much faster growth rate than every one of those, and that's insane. but it's what happens when the market takes away your credibility prematurely. even as it sold at this time generic business to teva earlier this year. but it did get some s

>> you have to ask pfizer. i assume because i'm me and you're you, as i said in the e-mail. >> i'm not going to touch the e-mail exchange. >> rebels at vanderbilt this weekend. ten-point favorites. what do you think? >> i don't know. you guys are shaky. although you had a win -- didn't you beat texas a&m last saturday? >> two words, two words, though they're a complete team and wonderful people, shea and patterson. two words to get to know. shea parent son. watch him on scc net. freshm freshman phenom. proud to have you in red and blue. >> i don't think that's in the cards. i don't think that's going to happen. as you're sitting there -- as you're watching that game with all your chapstick, i hope you have a heck of a good weekend. >> well, you make it sound fetish-y, and that's weird. we have one minute remaining, and you can't have it. i'll watch you this weekend on the "fox news sunday." chris talks with the head of the trump transition team. and then senate minority leader chuck schumer. then there's footba

the government ordered pfizer, the drug's manufactuer, to -- manufacturer to complete the , study to prove its safety. over 10 years ago, popular arthritis drug vioxx was pulled from shelves because it doubled the risk for heart attacks and death. erika: researchers believe a against you. a new study shows if you're genetically at risk of heart disease, you can cut the risk in half through diet, exercise, and not smoking. research also shows an unhealthy lifestyle can actually override the health benefits of having good genes. emily: incentive there to work out. erika: yeah. right? >> so, we had a really cindy: yes, we did. the moon was so big. it will be rising again before 5:00 this evening, but not quite as intense as yesterday. here is a picture of what it was like this morning. this was sent in at 3:30 this morning. i have a ton of pictures. this is one of my favorites. this is what it looked like over scituate harbor as the moon was big beautiful skies with that right superman. it creates high tides, and we have the rain, and that will build this northeasterly wind. it will not

it could have been a huge winner when pfizer tried to buy the company last year, but then the treasury department changed the rules, moved the goal post-on tax inversions, blocking the deal. it has really been downhill ever since. yesterday saunders announced a $10 billion buyback coupled with a 70 cent quarterly dwejd, but allergan also missed estimates and the stock has been crushed, falling from 209 to 189. this is just in a two-day session. that's down a stunning 45% from its high. we own this stock for my charitable trust, and we've been telling actionalertsplus.com over at thestreet.com that saunders isn't getting enough credit in this vicious environment for drug companies, but do not touch the stock until it gets to 180, which is about nine points below this level. why? at that point it will be cheaper than jongsen and johnson, pfizer, america, bristol-myers, and eli lilly own though it has a much faster growth rate than every one of those, and that's insane. but it's what happens when the market takes away your credibility rematuprematurely. even as it sold at this time generi

for instance, pfizer was up 7%. mylan was up and amgen. they are for gains at .3w5ir7b9d annual points higher. back to you, guys. >> i'd love that. >> we'll give a little sense of it. just ahead, will president-elect donald trump become a role model for our nation's children? odel for our nation's children? ok! impaciente! manolo! you're so cold, come in! what's wrong? take off your hat! no hey...it's, it's dry... your scalp? mine gets dry in the winter too. try head and shoulders' dry scalp care it nourishes the scalp 3 surface layers deep to help... ...prevent dryness and keeps you up to 100% flake free now we can cuddle the whole winter! head and shoulders' dry scalp care you have dinner on the table at 6:00 every night. hey guys, i'm home! of course no one said it had to be cooked. campbell's one dish recipes, designed around one pan and your schedule. made for real, real life. jack knocked over a candlestick, onto the shag carpeting... ...and his pants ignited into flames, causing him to stop, drop and roll. luckily jack recently had

pfizer, j&j, all going to be players. just remember cuba only has about 11 million people. it's not a huge market but it is a market that has been relatively untapped by our larger pharma and it's close so the logistics of getting there aren't too bad. >> who will actually benefit from opening up the bio tech market in cuba? is this money that goes straight to the raul castro government? is there any way to make sure that this isn't just going to a regime that still leaves a few things to be desired? >> i have to go back to my experience in africa. and that is often the case that money finds its way back to the government since it is usually and in this case totally government sponsored. i would say the government is going to make a lot of money particularly out of things developed in cuba. >> the spirit of les's answers this will take a long time. we are not talking about something that will happen overnight and these business opportunities for pharmaceutical giants. >> that is right. the lead times can be years and years. the good news is that all of the research of the l

the government ordered pfizer, the drug's manufactuer, to complete the study to prove its safety. over 10 years ago, popular arthritis drug vioxx was pulled from shelves because it doubled the risk for heart attacks and a bad day. so my sunshine earlier. now we have the full -- the supermen. mike: it really looks spectacular. look at the high temperature today. a few places to the 50's. but a lot of places got to the 60's today. that put us within nine degrees of setting a high record in boston. tomorrow, we may be a couple of degrees warmer with the hot -- with a record higher. so the record is not going to be broken. but that your average high temperature, 52 degrees. remember we are supposed to be. look at where we are, 51. at 51, we are closer to normal. the lower the number, the comfortable you feel, the driver the air. that is one of the issues as we get to tuesday's rain. a lot of dry air in waste. it will take it will take a while for the rain to move in. that's fine for your morning commute. but your evening commute is looking very wet. and 40's. this is where i think we

health care and drug stocks posted some of the biggest gains pfizer and merck rising 6%, and they may be being on the pledge to repeal obamacare and less regulation of drug companies. black friday is coming a few weeks early for shoppers. starting today, you can grab some holiday deals via the walmart app, including a laptop for under $300, and a 65-inch hd tv. wall mar also says it will be well stocked on black friday with millions of tvs, tablets and computers ready for purchase online and in stores. >> i see frances downloading the app to get a head start. >> thanksgiving, we need our turkey first. elect donald trump become a role model for our nation's children. ok! impaciente! manolo! you're so cold, come in! what's wrong? take off your hat! no hey...it's, it's dry... your scalp? mine gets dry in the winter too. try head and shoulders' dry scalp care it nourishes the scalp 3 surface layers deep to help... ...prevent dryness and keeps you up to 100% flake free now we can cuddle the whole winter! just like mom, you have dinner on the table at 6:00 every night. hey guys, i'm home! o

so we could see big gains, pfizer was up, mylan as well and amgen up 5% as well t. calls for the u.s. marks are for further gains at the start of the trade >> i love that. >> we can get a little sense of it. thank you. well, just ahead, will president-elecmp become a role l for our nation's children? ok! impaciente! manolo! you're so cold, come in! what's wrong? take off your hat! no hey...it's, it's dry... your scalp? mine gets dry in the winter too. try head and shoulders' dry scalp care it nourishes the scalp 3 surface layers deep to help... and keeps you up to 100% flake free now we can cuddle the whole winter! head and shoulders' dry scalp care just like mom, of course no one said it had to be cooked. campbell's one dish recipes, designed around one pan and your schedule. made for real, real life. jack be nimble, jack be quick, jack knocked over a candlestick onto the shag carpeting... ...and his pants ignited into flames, causing him to stop, drop and roll. luckily jack recently had geico help him with renters insurance. because all his belongings went up in f

ask, but we do at pfizer your state collects to do if the epa and congress, they believe are working against their interest or environmental goals? >> in any democracy, everybody has a right to their own opinion and voices should be heard. epa has done over the past few years at looking at what the facts are. i think folks should continue to speak if they disagree and don't think that people aren't paying attention. that is the democratic process. cities,u think corporations, they fill the gap left in u.s. climate leadership if they don't believe donald trump is taking it the right way? >> i do. and there are a lot of people here who will confirm this. i think progress will continue. there are many reasons why. but two of them answer this question. if you have worked at the state level or the local level, you cannot run away from people. you know? you have to make decisions not based on politics but based on what people are demanding of you , or you will be the shortest lived municipal servant in the history of mankind. and so people really worried about the impact of climate. mayors

pfizer, their profit for short. has this anything to do with viagra? pfizer makes viagra. nicole: that's not what the story is about, we'll follow viagra and other drugs that are doing well. this is all about the drug they basically missed, they had to pull this off, a cholesterol drug, it was based on-- it was to compete against the statins, lower the ldl, the bad cholesterol, shut down those heart attacks and strokes, but they were not getting the desired results. as a result now, they said they're ending development of this drug and that's not good news. the stock moves to basically a seven-month low, but again, a slew of new drugs from rheumatoid arthritis, anti-could anti-ko anticoagulaanti-ko anticoagulan anticoagulants. >> look at wells fargo, after all the headaches the stock has gone through, it's lost $10 a share throughout this crisis period at wells fargo. they've got another problem today, got to pay $50 million in the settlements over home owner fees. i don't think this is a big-- well, the market keeps wells fargo-- >> it's about 8 bucks, $10 off the 52-week

health care and drug stocks posted some of the biggest gains pfizer and merck rising 6%, and they may be being on the pledge to repeal obamacare and less regulation of drug companies. black friday is coming a few weeks early for walmart shoppers. starting today, you can grab some holiday deals via the walmart app, including a laptop for under $300, and a 65-inch hd tv. wall mar also says it will be well stocked on black friday with millions of tvs, tablets and computers ready for purchase online and in stores. >> i see frances downloading the app to get a head start. >> thanksgiving, we need our turkey first. >> just ahead, will president elect donald trump become a role model for our nation's children. ok! impaciente! manolo! you're so cold, come in! what's wrong? take off your hat! no hey...it's, it's dry... your scalp? mine gets dry in the winter too. try head and shoulders' dry scalp care it nourishes the scalp 3 surface layers deep to help... ...prevent dryness and keeps you up to 100% flake free now we can cuddle the whole winter! head and shoulders' dry scalp care you have dinn

you saw companies like pfizer rise by almost 10% in that two-day period. johnson & johnson is a good play. one, it's much more diversified, not just pharmaceutical company. they make everything from band-aids to drugs to medical devices. so i think it's a better way to invest. >> we've got 30 seconds on n northrop grommen. >> they tend to be defense spending, not just his policies but northrop is a defense contractor and they will likely benefit from the administration. >> thank you. >>> first, how commodities and currency fared today. the bond market closed for veterans day. >>> today americans came together to honor those who have served the nation on this veterans day. president obama paid tribute by laying a wreath at the tomb of the unknowns in arlington. during the address he thanked the nearly 19 million americans for their service and said veterans offer a unifying example of what's right with the u.s. >>> on wall street, the new york stock exchange traders observed a moment of silence. >>> one in ten small businesses is veteran owned. making a tra

. >>> the conclusion of a ten-year drug study found pfizer's arthritis treatment, celebrex, was as safe as prescription strength ibuprofen and naproxen. there had been concern celebrex might cause heart problems similar to viox which was pulled a decade ago. >>> and puma biotechnology saw its shares plunge after new trial data for the company's breast cancer drug revealed worsening gastrointestinal side effects. the company is also being investigated to determine whether puma's management made false or misleading statements about the medication's trial results. shares plunged 20% to $40.10. >>> as we told you at the beginning of the program, the dow closed at a record high yet again, up for the sixth straight day, on hopes that the president-elect, donald trump, can revive economic growth. so what's next for stocks and what about bonds, which are selling off hard? michael farr joins us now. michael, always good to see you. anything new in washington these days? >> it's been kind of quiet here, tyler. >> i'm sure it has been. >> not a lot of news. >> we'll get to stocks in a minute. the