Captioning sponsored by wpbt this is n. B. R. Tom good evening. Im tom hudson. Office depot and office max could be the next big wall street merger. What this years mergers means for the markets. Susie im susie gharib. Dells Financial Outlook in the spotlight today not only because it reported a big drop in sales and profits, but also more questions on how Founder Michael dell will take his company private. Tom and president obama makes another push to avoid Government Spending cuts as deficit watchdogs roll out a plan to duce government debt. Susie we have that and more tonight on n. B. R. 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 200 and t s needs only 3
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, 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
Hospital. The other 18yearold was taken to the hospital and described in grave condition. Police say there is nothing to indicate this case is connected to the Fatal Shooting of a 15 yearold Suitland High School student in Hillcrest Heights last night. However, we did speak with a few people at the scene who did believe all the teenagers knew each other. Very sad for the school system. Briant coleman, spokesman for Prince Georges County schools, says, we cannot go another day without addressing these unspeakable acts of violence against our students. Were asking for the communitys support as our students, teachers and employees cope with these incidents. Now police say they have received some tips on this case here tonight. Theyre looking for more information. So anyone who has seen anything, heard anything, may have any information that can help lead to an arrest, youre asked to contact Prince Georges County police as soon as possible. Back to you. The shooting just the latest in a lo
Tracy good afternoon. I am tracy byrnes. Ashley and i am ashley webster. But dow 140 points away from an alltime high. Tracy china fighting back. Ashley check the calendar. Spring has not sprung, but gasoline prices are already in high gear. Tom kloza on what is to blame. Tracy lou dobbs take on the new Simpson Bowles reduction plan. Is there any chance that washington will stop squabbling and actually do something . Lou dobbs will join us in a few minutes. It is top of the hour. Time for stocks now as we do every 15 minutes. Lauren, we are starting the week on an up note. This u. S. Stock market rally really started in europe. The u. S. Market has of arrows across the board. A really tight range for stocks. Volume clearly to the upside by about twoone your advance to the client line. Really pushing closer to those alltime highs. 14,198. We are not far from there. 1576, we are not far from that either. We are getting there. Hopefully, we can keep this winninn streak live. Ashley Health
And as we come on the air tonight, the president has now asked congress for authorization for a possible limited combat operation involving american troops on the ground against isis. Late today, president obama making his case, why the air strikes so far might not work on their own. Outrage tonight from some members of congress. It comes after we learned the fate of that final american hostage, kayla mueller, who was killed. Some believe she had been married off to an isis commander. Tonight, we hear about the phone call explaining to the families why the u. S. Does not pay ransom. Abcs chief Global Affairs correspondent Martha Raddatz in the region, reporting in from iran tonight. Reporter as Coalition Air strikes pound isis targets across syria and iraq, more than 2,300 so far, tonight, president obama says its not enough. With vile groups like this, there is only one option. Reporter the president is asking congress to authorize a threeyear military assault on isis, including limit