This good news, dow sinking nasdaq climbed. 39 , but if it is finally the beginning of a wave of deals. That can be great for everybody and not just the Companies Involved in the takeovers. Thats right. The huge deals announced today, publicists and omnicom merging for the Worlds Largest advertising agency. Paragon lowering its tax bill and hutches bay picking up saks to tack the u. S. Luxury market. That will create a positive background that could fuel the next leg of a market. Let me first point out the life blood of the stock market. Its a huge component of the health of individual stocks because it reminds us these arent just pieces of paper were trading. They are Real Companies with real prospects and real worth that should be owned, not just rented. Im not being too obvious. Weve had very few mergers this year. It has led many to believe stocks are too high or companies would be buying each other, so takeovers inspire awe, wake up. If you own these stocks you find yourself insta
Coke ver cusus pepsi, one firm,e 35 billion deal webetween omnim and publicis. Far from the only deal. Saks is going to be bought and the battle over Pharmaceutical Company elan ends with a big bid from perrigo. The second half of earning season, hertz and wynn in focus. The hertz ceo will join us as well. Help wanted at amazon. The Company Announcing today it is adding more than 5,000 jobs across the United States. First up, deals involving highend retail and pharma in the fix today. The biggest deal u. S. Based omnicom and publicis group, a merger of equals. The new Company Worth 35 billion and will be the Worlds Largest advertising firm. However, the deal is expected to face intense regulatory scrutiny. Live with the ceos of omnicom and publicis later on squawk in the street. In addition, perrigo and elan and saks and hudson bay. Merger monday . Yes. Yes a merger monday. Got to go there. Thank you. Welcome. Dont believe it is that is it a sign of things to come. Certainly theres a p
Dennis Gallagher (ST13) was interviewed by Senior Editor Terri Robertson with Country Living on 3/14/24. Questions included what is thought to cause them, how
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