Last ten years. Were going to talk more about this store with the tech giant in just a minute, but first, andrew, over to you. General mills is buying organic foot Food Producer annies. 46 a share in cash is the price tag. 820 million in total. Thats more than 37 premium to annies Closing Price yesterday. Maker of cheerios hoping that deal will help it expand in the fast growing Natural Foods market. Were going to talk more about foods and the consumer in the next hour with the ceo of kellouke kello kelloggs, john brian. Analysts say global comps likely to climb by 4 last month with samestore sales have been falling by more than 2 for mcdonalds. Well see if they can turn that around. Shares down nearly 9 in the last three months. Restaurant and arcade chain dave busters is filing for an ipo. The Company Looking to raise up to 100 million, listing under as a symbol play. The company pulled plans to go public in 2012. Earlier this year, scrapped plans to sell itself for more than 1 is mi
The jobs number. The nikkei is now up 50 for the year. That is the best since 1972. Our road map begins with momentum from fridays jobs numbers. Markets looking to extend their momentums today after the dow and the s p turn in their first jump since a month ago. American Airlines Begins trading today after they blocked the merger of american and us airways. Mcdonalds samestores sales. If you are attempting to travel for business, were going to get you updated on the fallout from the big Cross Country winter storm as it moves out of the northeast. First up, stocks hoping to continue their upward momentum from fridays jobs. A 198point jump in the dow sent the blue chips up above 16,000. They saw their weekly winning streaks snapped at 8. We came within. 75 of a point on the s p of making it nine straight weeks up in a row. We havent done it since 04. Missed it by that much. Lack of bad news. We saw friday the beginning of what a lot of people are thinking, wait a second. Maybe the transi
Captioning sponsored by wpbt this is n. B. R. Susie good evening everyone. Im susie gharib. Tom will be along a little later in the program. Fresh signs of a disconnect between what companies, and investors are seeing in the u. S. Economy. We preview the economic state of the union. Why regulators need to treat them like other business. Then u. S. Airways sees big benefits in merging with american airlines. We look at the new landscape for airlines if the deal goes through. We have that anmore tonight on nbr. President obama is preparing to deliver his first state of the Union Address of his new term, tomorrow. The American People will be listening carefully to his plans to grow the economy, especially as they struggle with less take home pay, and worries about their jobs. While there are signs of improvement in the economy, the Unemployment Rate rose in january to 7. 9 . So what is the current state of the economy . Erika miller talked to two experts with different views. Reporter it
Sentiment. That raises alarm bells. Reporter another immediate concern is the impact of higher payroll taxes, which could force some households to cutback spending. In addition, gasoline prices are rising. And if they hit the psychologically important 4 a gallon mark, many consumers could also pull back on shopping. And long term, federal budget problems remain one of the biggest hurdles to growth. The u. S. Is running an annual deficit of 1. 1 trillion. We still have some fiscal speed bumps coming. And then we have the question of what they actually do on the fiscal side. So, right now, the economy and the fiscal situation are wrapped up into one really nasty ball of wax. Reporter keep in mind that many of the International Problems that have existed for more than a year havent gone away. Slowing economies in europe and china could slow global growth. And conflict with iran could push up energy prices. Erika miller, n. B. R. , new york. Susie joining us now with more on what to expect
To grow the economy, especially as they struggle with less take home pay, and worries about their jobs. While there are signs of improvement in the economy, the Unemployment Rate rose in january to 7. 9 . So what is the current state of the economy . Erika miller talked to two experts with different views. Reporter it may seem strange to many investors that the stock market can be hovering at five year highs, when the economy is so weak. But whats fueling the rally is not the current situation, its hope. Weve taken out some of the downside tail risks. So, were feeling like although its not going to be a boomy year, at least it will be a year where we can reasonably expect that the economy will continue to, you know, make progress. Reporter he expects there will be a continued slow, but steady, fall in the Unemployment Rate. In addition, the Housing Market recovery is spreading. Weve seen a pickup in household formation. So, more people are moving out of homes, starting new families and