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Reports of a chinese stateowned Company Looking to buy the semiconductor giant. The deal may have a tough time getting through regulators. Could another suitor be waiting in the wings . Well find out. Wells fargo turning in a solid quarter posting a decline in Mortgage Applications this morning. John shrewsberry will join us to discuss whether he sees a slowdown in housing. We are seeing a rally in the price of oil. We are going to ask about that. What is going on with oil . I think some of this deal was priced in. We had several days of imminent announcements of a deal. When the deal came, i ...

Floodwaters get even worse. Were going to be live on the scene of both of those developing stories. And, a fight for the ages, perhaps. Floyd mayweather back in the ring tomorrow night. One man is going to win. Two Cable Companies will also claim victory as well as a lot of side players. This is a big fight with big money on the line. Well take you inside this hour on power lunch. First, though, lets check in with sue at the nyse. Good to see you. We start with the utter dislike throughout america for all things wall street. Thats despite the fact that 401 k s are near record highs as the stoc...

No matter what comes out of washington. Why traders are convinced. There will be no falling off a fiscal cliff. In todays cover story. Why retailers and wall street firms are stepping away from gunmakers. Plus who has more power millenniels or baby boomers. The surprising answer. And what will Interest Rates look like in 2013 . First business starts now. Youre watching First Business financial news, analysis, and todays investment ideas good morning. Its wednesday december 19th. Im angela miles. In todays first look what is the market telling us . Stocks rallied once again yesteday. In what tr...

Newly public companies tend to be risky investments.