Snatches a child instead. Thats quite a tease. Look who is joining us. Power lunch starts right now. Welcome, im becky quick. All three indices up for the Third Straight session. Take a look at this now. The s p up over ten points. The defense is in focus after billions of dollars in deals announced in saudi arabia. Lockheed martin one of the big beneficiaries of the deals it announced. Lockheed hit a new high, some of the other defense stocks also hitting lifetime highs. Oil is on the move crossing 51 and hitting the highest level in more than a month. Right now sitting back below that at 50. 65. Amazon hitting another alltime high. Up more than 120 . This comes ahead of tomorrows shareholder meeting. Becky, its a privilege to have you on the program. Ill keep the coffee brewing. We begin with the president who in just moments will be speaking from israel. All of this taking place before a dinner with Prime Minister Benjamin Netanyahu. Were also waiting on the president to make a join
Take a look at the splash, there is positioning that is starting to take place in anticipation of what could be, maybe a fed Interest Rate increase. Hedging their bets tachlt a look at this one. The two year note yield for u. S. Treasuries, already over the korts of the past week, moving higher. It was near 80 basis points about a week ago. Now its up towards 90. Again, look in the grand scheme of the year to date period, eliminatively on a low basis here. One place where that battle, that hedging is starting to take place. That positioning. Also look at this. The dollar a big part of that story as well. Gold also playing into that. Again, 1275 a week ago her ounce. Now were around 1250. A 2 loss over the course of the past year. Gold has been a hot trade. Its still up. Up marketedly. So but some of the bets being paired back in anticipation of what could be a fed Interest Rate increase. Then one more place well look, one manufacture places well look, again, regional banks. Weve seen t
Offer for monsanto in what could be the largest merger of the year fit goes through. The acquisition would create a global giant in agriculture technology. Monsanto traded well below the offer price of 122 a share, a sign that shareholders are skeptical and may not be that enthusiastic about signing off on that deal. But the ceo of behr says the combination makes sense and hes not concerned about regulatory issues. The beauty of this combination is that both businesses are highly complementary. And its very much a growth story that is behind the combination. The products complement each other perfectly. The regional fit is really great. And while there will be at one point or another some discussions with regulators, we dont see this as a major issue. Behr said it decided to make details of its proposal public after reports surfaced last week. Tribune once again rejected a sweetened offer from ginett. The board of tribune which owns the l. A. Times and Orlando Sentinel said its turnaro
Offer for monsanto in what could be the largest merger of the year fit goes through. The acquisition would create a global giant in agriculture technology. Monsanto traded well below the offer price of 122 a share, a sign that shareholders are skeptical and may not be that enthusiastic about signing off on that deal. But the ceo of behr says the combination makes sense and hes not concerned about regulatory issues. The beauty of this combination is that both businesses are highly complementary. And its very much a growth story that is behind the combination. The products complement each other perfectly. The regional fit is really great. And while there will be at one point or another some discussions with regulators, we dont see this as a major issue. Behr said it decided to make details of its proposal public after reports surfaced last week. Tribune once again rejected a sweetened offer from ginett. The board of tribune which owns the l. A. Times and Orlando Sentinel said its turnaro
Offer for monsanto in what could be the largest merger of the year fit goes through. The acquisition would create a global giant in agriculture technology. Monsanto traded well below the offer price of 122 a share, a sign that shareholders are skeptical and may not be that enthusiastic about signing off on that deal. But the ceo of behr says the combination makes sense and hes not concerned about regulatory issues. The beauty of this combination is that both businesses are highly complementary. And its very much a growth story that is behind the combination. The products complement each other perfectly. The regional fit is really great. And while there will be at one point or another some discussions with regulators, we dont see this as a major issue. Behr said it decided to make details of its proposal public after reports surfaced last week. Tribune once again rejected a sweetened offer from ginett. The board of tribune which owns the l. A. Times and Orlando Sentinel said its turnaro