Sell dollars. There had been a lot of people calling for that. It turns out it is actually happening. Pay attention to greece. Stocks falling as the second round of a approximateliat volley takes place. Antonas samaras failing to get enough votes from parliament in greece. The analysts say early elections could derail and some of the reforms and raise the risk of another economic setback. Andrew, back over to you. Thank you, becky. Some stocks to watch this morning, Chesapeake Energy failing in a deal to sell southwestern energy. That company okaying a stock buyback plan of 1 million. The company says its small to medium sized business continues to show growth. Vanda pharmaceuticals, those shares surging after the Company Agrees to sell with novartis. And then theres confidential resources, feeling the impact of its own oil prices. The producer announcing plans to decrease its capital budgets to 4. 6 billion from 5. 2 billion by the end of next year. Other Corporate News close to home,
Manufacturing activity earnings will be up before the bell. It is starting to taper off. We have charter this morning and then a Buffalo Wild Wings and herbalife. And commodities futures advance. Some of this as at global being discussed. It was a difficult friday. The euro strengthens a little bit. Crude is going nowhere. Fix vix. The ruble is stronger. If headlines are out of manila i would noteour. That the 30 year bond is lower yield and higher bond price. The difference between the tenure in the 30 year yield is getting compressed. It is showing that curve. Lets get to the front page. We dont know where to start. Giant deal. Pfizer is proposing to build for 99 billion dollars. They offered this back in january but they rejected it. The price moves. Lets go to the terminal. Here with astrazeneca. You can see the mediocrity for three or four years, going nowhere. This is the popup. My question is, is this because of mediocrity at pfizer and astrazeneca . They are showing no sales gr
Companies to larger companies. We are starting to think about welcome to countdown. It is 6 00 youre in london on getting back from the asian emerging markets. This friday morning. Bloomberg reporters standing by across the world, ready to we are just thinking about the deliver the stories that will value that might be coming drive your day. Through asian markets rather than trying to be so country specific about it. There are two big things. Can we move geographically a little bit over the next quarter manus cranny is gauging the appetite for ipos, plus big data or so. The first rate hike in the u. K. , what do you think, or big mess . Caroline hyde has the story. November, december . We did say november. Immelt is making of the one was laughing at us. His case to french leaders. The Inflation Numbers that came out this week were not strong, he sweetened the deal. So it could be delayed a little will france be satisfied . Bit tired november is where our money is at the moment. Carolin
Nearly six years after acquiring the shuttered remains of what was once Chattanooga s biggest manufacturing employer, developer Jimmy White said Wednesday he has preliminary interest and agreements for nearly $1.3 billion of new housing, office, retail and factory development on the 120-acre site.
Two of Chattanooga s biggest proposed redevelopment projects, The Bend and the new Lookouts ballpark, crossed separate hurdles Monday to move toward construction.