Ownership, its coming down to just one number. Well tell what you it is and what it means. Lets check in with sara at the nyse. High, sara. Good afternoon. Hard to believe just two more months remaining until 2015 is done. Just about 50 trading days left in the year. Are we setting up for presents under the tree or coal in our stockin stockings . Dominic chu is taking a closer look at that question. Dom . Sara, how many times have we talked about seasonality in the markets over our years together here. But lets take a look at this, everyone talks about the santa claus rally and the seasonably strong Fourth Quarter for stocks. Well, lets take a look. Our data partners at kensho crunched the numbers and for the last two months of any year over the last ten years, so november to december returns, the s p is up on average over 1. 5 . The dow the same, and theyve both been positive in 8 of the last 10 instances. A decentsized gain although some would point out because of the strong gains we
The yield is up after the fed minutes suggest the hawks are a little bit restless and as for europe we continue to watch the death toll in ukraine. The eu does hold an emergency meeting today. It is facebooks largest ever acquisition by far, the social network whying messaging Service Whatsapp and Mark Zuckerberg said the deal came together in ten days and some of the details are beginning to fill in. Closing the deal over chocolatecovered strawberries but a lot of metrics being thrown around, david, 42 a user and questions of how quickly this company can grow. Yeah. Of course, the thought being at 450 million users perhaps they can get to a billion. It is considered a communications platform. It is not about advertising. It is about communications. It is a very Popular Platform in europe. The user interface is said to be very slick. Given that most of the 55 employees that work at this company are engineers. But, carl, you know, there are many people who might want to ven tture its 19
Odds since the beginning of august, thats when they were blacked out on time warner systems in los angeles, new york and dallas and smaller market as well. Well talk to a media analyst in the next half hour to see who came out as the big winner on this. Cbs, kind of thumping its chest. Well talk more about that. First, back to the tech story overnight out of europe, jon fortt talked to microsoft ceo Steve Ballmer an hour ago and joins us from san jose with the highlights. This caught a lot of people by surprise, jon. Not entirely surprising that microsoft would look at perhaps stephen elop as a ceo candidate, but the timing of picking up all of nokias devices and Services Business quite surprising. All the talk on twitter also over in germany where there is a major tech show kicking off that will be following throughout the week. I spoke to Steve Ballmer about an hour ago, first on cnbc interview. We talked about the join up of the two companies, we talked about stephen elop. Listen to
Deep Yellow Limited (ASX:DYL) Successful Placement of $40 8M to Fund Future Growth abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.