Theres a new settler on the nimitz freeway in oakland its a mess out there. Darya get whats making this a mess with the rain. James bay area said in a clear route and dryout piquancy on strong tracker there still quite a bit of weather still be had from the bay area. Answer off in the south bay with the san jose tracking rain there all morning long. Entire seven clara valley under moderate to heavy rain for the entire morning up till this point at one final note break up. Still seeing pockets of heavy rain for downtown san jose. The bulk of the heavy is pushed off and the dublin the more. And i will begin a little easier for you without that drenching rain coming down like has been all morning long. South bay still sings money showers also still seeing an east bay with iran pushing through san ramon area. Down to dublin . In san latest our sleep in tents into downtown pleasanton. And for that to the go to the east trek on 584 livermore. James every rain over livermore is now pushing up
Showers around. So we dont have the immediate threat of any kind of significant rain. But there are more showers back to the west. E;lme of them on theco heavier side near pittsburgh. Could develop into a thunderstorm in some placesok during the afternoon. The future cast showsv4 jut scattered showers moving through during the day, perhaps again a and into the rest of the evening hours. Butxd the big issue, i think, is going to be the temperatures. It is very mild now in the 60t s where our air isfa coming from. It is very chilly. And we have got some really cold air on the way. nr thats not coming during this afternoon. Were still expectingqt relatively warm weather, through the afternoon, and then tonight after the showers and thunderstorms, then the temperature starts to go down. Well show you how cold it is going toe1 et and whent the heaviest rain ist expected with the sevenday in a fewe1 minutes. Thas ou glenn. Happening now, supporters are speaking out about thejf deteriorating
Turmoil in iraq. And also positive data ahead of the Federal Reserve meeting this week. Stocks notched up slightly and helped by all those mergers and the fact that Oil Prices Held steady at 106 a barrel, despite concerns about fighting in iraq. Heres how things looked at the closing bell. The s p 500 added one points. It was metronics buyout of rival medical device maker covidion that had wall street buzzing today. Shares shot up more than 20 on the takeover news while shares were down 1 . Whats behind the deal and whether there will be more. Metronics acquisition of covidion is part of two trends sweeping the industry. The deal will enable metronics to reincorporate on the emerald isle and benefit from the lower tax rate there. A strategy employed by Many Health Care companies over recent years. Including pfizer, in its failed attempt to bias electra zeneca. The rational is one of simply to secure a lower Corporate Tax rate. You generate higher level of earnings power, and any future
Stocks notched up slightly and helped by all those mergers and the fact that Oil Prices Held steady at 106 a barrel, despite concerns about fighting in iraq. Heres how things looked at the closing bell. The s p 500 added one points. It was metronics buyout of rival medical device maker covidion that had wall street buzzing today. Shares shot up more than 20 on the takeover news while shares were down 1 . Whats behind the deal and whether there will be more. Metronics acquisition of covidion is part of two trends sweeping the industry. The deal will enable metronics to reincorporate on the emerald isle and benefit from the lower tax rate there. A strategy employed by Many Health Care companies over recent years. Including pfizer, in its failed attempt to bias electra zeneca. The rational is one of simply to secure a lower Corporate Tax rate. You generate higher level of earnings power, and any future deals with a lower tax rate if you look back into u. S. Companies that have higher tax
The Federal Reserve meeting this week. Stocks notched up slightly and helped by all those mergers and the fact that Oil Prices Held steady at 106 a barrel, despite concerns about fighting in iraq. Heres how things looked at the closing bell. The s p 500 added one points. It was metronics buyout of rival medical device maker covidion that had wall street buzzing today. Shares shot up more than 20 on the takeover news while shares were down 1 . Whats behind the deal and whether there will be more. Metronics acquisition of covidion is part of two trends sweeping the industry. The deal will enable metronics to reincorporate on the emerald isle and benefit from the lower tax rate there. A strategy employed by Many Health Care companies over recent years. Including pfizer, in its failed attempt to bias electra zeneca. The rational is one of simply to secure a lower Corporate Tax rate. You generate higher level of earnings power, and any future deals with a lower tax rate if you look back int