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Am guy johnson. Io saying no the worlds secondbiggest iron ore exporter has rejected an approach from glencore that wouldve crated the worlds biggest miner. Jesse, you guys have been working on this and watching it very carefully. He is a deal maker. He have done it through inquisitive deals over the past 15 or 20 years. He has been here for 10 years. In this instance, the big issue will come down to price was the what we know about glencore is they never overpay for anything. To get rio, it looks like it will have to be hostile now and would be a chunky premium. Is it the last deal he will do...

Reason i think they would say they would sign such a bill that would weaken a critical component of Financial System reform aimed at reducing taxpayer risk. The senate could pass a bill as soon as today. Are we at bottom . Not yet. Oil closing below 60 a barrel for the First Time Since july 2009. This morning it dipped to 58. 80 a barrel. Theres speculation opecs biggest members will defend market share. West texas intermediate futures fell in new york. They have plunged 10 this week. Oil headed for its 10th weekly drop sense october after opec decided against reducing output. The director of ...

People worried about washington keeping their spending type. Time for stocks now. Nicole petallides is at the new york Stock Exchange. Nicole the dow is down about ten points. The s p pulling back one quarter of 1 . A lot of the retailers loved like the biggest losers. 500 stocks are comprised and represent oriole to autos to airlines. The sector that was really lagging where the retailers. Oil has been moving to the upside. There is a lot going on with that. And oil spike of two dollars. Now, lets take a look at technology. We do see some of the tech stocks doing pretty well. Hewlettpackard a...

First off, on the views of the economy, as we heard from janet yellen at that time at the meeting in june, members thought that the economy would bounce back from the harsh winter in the tough First Quarter. Thermation received since Committee Meeting in april again, the Economic Activities rebounding from the decline in the First Quarter of the year. There was no great debate around the table, according to the minutes, about whether the fed might be behind the curve with regard to tightening Monetary Policy. Thatinutes go on to say participants generally supported the committees current guida...

Worlds largest package shipping xhaen blaming the surge for weak r profit. And market monitor. Our guest says hes investing in a blue chip, a value stock and a cutting edge tech company. All that and more tonight on nightly Business Report for friday, january 17th. Good evening and welcome. Stocks continue their somewhat tentative start to 2014 today. It was as has been the case quite often this year, a classic mixed market. The dow was the only one of the three major barometers to end the session with a gain and that because positive showings. American express, visa, Goldman Sachs and ibm. On...