If you remember, i wasnt willing to dismiss that lousy jobs number that we got friday as easily as others. I said the clouds are upon us. Then today, the clouds burst open. The rain fell down and they flooded out all of the good news that i still thinks deserves to get some of its due. Lets accept the fact that the vast majority of the bad news stems directly from retail. What are the invisible positives . Amazingly, amazingly the market didnt seem to give a fig about an important takeover announcement. Suntori of japan, their acquisition of beam, yeah, jim beam for 16 billion. Thats a 25 premium for what it went out on friday. This deal illustrates so much of what i like about this market. Beams a spotlight ive been highlighting as a textbook breakup. It broke itself up in a couple different companies, most notably fortune brands, home and security and beam the liquor company. This was a classic situation where the parts were worth more than the whole, like so many other stocks out th
Gains across the middle east expanding at a rapid pace. Many now questioning president obamas strategy to take down the terrorists. Live coverage ahead. Welcome to early start. Im christine romans. Very nice to see you. Im john berman. Friday may 22nd. 5 00 a. M. In the east. Manhunt over. Daron wint is in custody. The prime suspect in the quadruple the murder in the Nations Capital was taken into custody late last night. The 34yearold exmarine killed his previous employer and his wife and his son with the housekeeper. Daron wint was tracked to new york city but fled before officers arrived. He was found in a hotel in College Park Maryland with five other people three males and two females. Investigators say all six left the hotel in two vehicles and followed for five miles before being apprehended. No one was hurt during the arrests. That is lucky. Wint has a long history of runins with Law Enforcement. Court records show three assault convictions in new york state dating back to 2007
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