Like General Electric that were important to the broader averages. Dow only dipping 17 points. S p falling 0. 01 . Nasdaq gaining 0. 3 . But the day ended up being dominated by takeover talk, and thats precisely where i want to start my game plan for next week, with a potential deal, namely at t buying time warner, something that david faber said could happen as soon as monday morning. Judging by the huge leap in time warner stock, its entirely possible this monumental possibly 80 billion deal could be announced 48 hours from now. That might be followed by another expected deal, qualcomm potentially buying nxpi for 110. If these deals occur it will be a wild monday that might distract us from the biggest earnings week of the year. They could send up everything. Cbs as well as all the Semiconductor Stocks that are small enough to get a bid, and im talking about everybody from skyworks to micron. Consolidation is a way of getting the bullish juices flowing. But lets not ice earnings. Mon
Thats precisely where i want to start my game plan for next week, with a potential deal, namely at t buying time warner, something that david faber said could happen as soon as monday morning. Judging by the huge leap in time warner stock, its entirely possible this monumental possibly 80 billion deal could be announced 48 hours from now. That might be followed by another expected deal, qualcomm potentially buying nxp for 110. If these deals occur it will be a wild monday that might distract us from the biggest earnings week of the year. They could send ve cbs as well as all the Semiconductor Stocks that are small enough to get a bid, and im talking about everybody from skyworks to micron. Consolidation is a way of getting the bullish juices flowing. But lets not ice earnings. Monday morning we hear from kimberlyclark and vf corp. The market wasnt crazy about their quarters last time around. I think were looking at these companies way too shortterm because over time theyve given and di
Turned higher at this point despite eight despite a tough as caterpillar, general electric, microsoft. The nasdaq is taking the biggest tumble of the three major averages. It looks like energy is the best major group at this point. Because of financials as well, this is pulling stocks back up. You look at what is going on with energy, oil prices are up by nearly 2 . Southwestern energy, one of the energynergies companies to report its stock, has gone up. Within the financials, we have also had earning it news, and that includes suntrust and eat Tree Financial as well, 3. 5 eTree Financial at 3. 5 . David all right, some gains, but what about the tech stock . Have tech stocks do not an insurmountable problem, but still, it is a pretty tough slog. Microsoft, as i mentioned, projections,sts and visa, you dont think of it as text, it is coming out with earnings, but also saying its earnings have been delayed so that could create problems on the shares. Andot facebook, amazon, facebook is a
Youll notice its considerably warmer than 24 hours ago the past 24 hours. Its a dozen warmer in the city right now. 15 degrees warmer than yesterday. And 20 degrees warmer in monticello. Thats the trepd for today. Milder temperatures, yes. But the problem is more clouds headed our way. Astoria, 47. In the city, 53 degrees. Westhampton, cooled down to 33 degrees. Thats the chilliest spot we could find. 40 in sussex and low to mid40s through the Hudson Valley. Clouds, theyre out there, but there are thin spots. The first half of the day, especially in the morning, well get breaks of sunshine from time to time. More clouds to the south will be thick her. It will cloud over everywhere through the midday. The light showers moving more north and east towards us. Clouds thickening up, to the upper 50s to near 60 degrees. Well talk about the sevenday in a little bit. Thank you, chris. New this morning, Police Looking into a shooting at a bodega in queens. A man walked into the store and opened
No one covers New Hampshire like we do. Now wmur news 9 daybreak. Hi there. Good wednesday morning. We are seeing a little bit of rain out there this morning. And it is not looking like great weather. Kevin at least we do not have any freezing drizzle like we saw yesterday. Today it is all liquid form and temperatures in the 30 s to start. It will be on an office off a s far as showers. More gathering to our west. Moving through during the height of the morning commute. Others gather more south and west. Notice, it is cold enough for a little bit of light snow on the back side of the system. That will be going on in the North Country tomorrow. Temperatures today in the low to mid 40 s. Much more on your forecast looking into the weekend in a bit. Let s take a look at your good morning, deb. Deb i just got off the phone with the department of transportation and they are learning warning drivers we are seeing icy roads on the bridges and on and off ramps north of concord. Crews are out t