But they take afghanistan from me. Refugees are trying to reach europe, but what lays ahead as the e. U. Tightens its boarders, apec leaders gather in manila, trade is on the official agenda, its tension over the south sudan that is taking center stage and i have the days sport, including tributes for new Zealand Rugby superstar jonah lomu following his death at the age of 40 in france a police raid and a standoff has been going on for hours. Its still going on. Police track down those believed to be connected to fridays attacks in paris, leaving at least 129 people dead. Here is what we know so far. Police have carried out raids in the northern suburb of saintdenis. Two are killed, including a female suicide bomber. Five arrested and several Police Officers wounded in the operation. One of main suspects is abdelhammed abbaaoud. One of those arrested was a man who said the suspects were in his flat. I found out the people holded up in my flat i didnt know they were terrorists. Someone
If the majority of deals are cash, as many have been in 2013, it suggests the m a cycle is just getting started. Its later in the cycle when a lot of m a activity takes place where its purchased for stock. Then companies are basically saying, we think our stock is overvalued, lets use it while we can to buy the competition. Reporter there may be a lot more corporate marriages in the months ahead, but stovall says the stock market still needs to digest its recent gains. I think that we could end up seeing a relatively mild correction in prices, something on the order of 5 or maybe more. But then were going to see a lot of investors say, its time to jump back in because i missed most of this move. Reporter stovall also says any stock Market Correction needs a trigger. What that may be, however, is anyones guess. Suzanne pratt, n. B. R. , new york. Tom dell is among those Companies Involved in the deal making this year. Its founder and a group of investors wants to take dell private. In t
If the majority of deals are cash, as many have been in 2013, it suggests the m a cycle is just getting started. Its later in the cycle when a lot of m a activity takes place where its purchased for stock. Then companies are basically saying, we think our stock is overvalued, lets use it while we can to buy the competition. Reporter there may be a lot more corporate marriages in the months ahead, but stovall says the stock market still needs to digest its recent gains. I think that we could end up seeing a relatively mild correction in prices, something on the order of 5 or maybe more. But then were going to see a lot of investors say, its time to jump back in because i missed most of this move. Reporter stovall also says any stock Market Correction needs a trigger. What that may be, however, is anyones guess. Suzanne pratt, n. B. R. , new york. Tom dell is among those Companies Involved in the deal making this year. Its founder and a group of investors wants to take dell private. In t
America. Today, investors were enthusiastic about a possible merger between office depot and office max, and theyre also keeping score as the major indexes get closer to new records. The dow is a little more than 100 points from its alltime high set back in 2007, and the s p needs only 30 points to break its milestone. The dow rose almost 54 points, the nasdaq rising 22, and the s p added 11 points. Suzanne pratt now looks at who benefits from deal mania. Reporter wall street bankers are off to a busy start this year as Corporate America is feeling the urge to merge. From the american airlinesu. S. Airways deal to warren buffets ketchup acquisition, multibilliondollar marriages are fast and furious. Theres even an Office Romance brewing between office depot and office max. All the pairing can be good for shareholders of the acquired firms, not to mention investment bankers, but what does it mean for the broader stock market . Floor broker Doreen Mogavero says its definitely a vote of c
Hope and optimism here on wall street today; investors are buying up stocks as a wave of deals sweeps through Corporate America. Today, investors were enthusiastic about a possible merger between office depot and office max, and theyre also keeping score as the major indexes get closer to new records. The dow is a little more than 100 points from its alltime high set back in 2007,ndhe t s p needs only 30 points tohe break its milestone. E thw rose almost 54 points, the nasdaq rising 22, and the s p added 11 points. Suzanne pratt now looks at who benefits from deal mania. Reporter wall street bankers are off to a busy start this year as Corporate America is feeling the urge to merge. From the american airlinesu. S. Airways deal to warren buffets ketchup acquisition, multibilliondollar marriages are fast and furious. Theres even an Office Romance brewing between office depot and office max. All the pairing can be good for shareholders of the acquired firms, not to mention investment bank