Rally. We begin with a potential blockbuster merger. Hon honeywell, dow components held talk about getting together. A combination that would create a bohemoth. It sent shares higher and shares of honeywell lower. Reporter United Technologies and honeywell have had discussions about a deal in the last couple of weeks. The discussions initiated by honeywell which have offered a large cash deal. Not the first time the two companies have spoken. Last year United Technologies approached honeywell about a merger of equals. Didnt happen because of concerns of social issues and because utx stock price fell dramatically over the summer. Fast forward, honeywell made an offer to acquire utx in a letter. Utx said no. That was october and the now the latest discussion. A big question mark hanging over this transaction. The two companies provide a lot of what goes into an airplane. The question is whether regulators in the u. S. And europe would oppose a potential deal. That may be the position utx
Rally. We begin with a potential blockbuster merger. Hon honeywell, dow components held talk about getting together. A combination that would create a bohemoth. It sent shares higher and shares of honeywell lower. Reporter United Technologies and honeywell have had discussions about a deal in the last couple of weeks. The discussions initiated by honeywell which have offered a large cash deal. Not the first time the two companies have spoken. Last year United Technologies approached honeywell about a merger of equals. Didnt happen because of concerns of social issues and because utx stock price fell dramatically over the summer. Fast forward, honeywell made an offer to acquire utx in a letter. Utx said no. That was october and the now the latest discussion. A big question mark hanging over this transaction. The two companies provide a lot of what goes into an airplane. The question is whether regulators in the u. S. And europe would oppose a potential deal. That may be the position utx
Rally. We begin with a potential blockbuster merger. Hon honeywell, dow components held talk about getting together. A combination that would create a bohemoth. It sent shares higher and shares of honeywell lower. Reporter United Technologies and honeywell have had discussions about a deal in the last couple of weeks. The discussions initiated by honeywell which have offered a large cash deal. Not the first time the two companies have spoken. Last year United Technologies approached honeywell about a merger of equals. Didnt happen because of concerns of social issues and because utx stock price fell dramatically over the summer. Fast forward, honeywell made an offer to acquire utx in a letter. Utx said no. That was october and the now the latest discussion. A big question mark hanging over this transaction. The two companies provide a lot of what goes into an airplane. The question is whether regulators in the u. S. And europe would oppose a potential deal. That may be the position utx
Narrow. The Dow Jones Industrial average rose 237 to 17,483. Nasdaq notched a 56point gain. And the s p 500 was 30 points higher. Some say that time since the attack may have allowed for a less emotional response by investors. Meantime, as of this evening the manhunt is still under way for two suspects as france and the world continue to mourn the lives that were lost and develop a response. Michelle carusocabrera is in paris tonight. Reporter were here at the place de la republique, the plaza of the republic, which is serving as a gathering point for those who want to mourn the victims of fridays attack. Very close tom of the place thats were shot at by the terrorists. At the base of the statue, which is a symbol of liberty of france, thousands of people have been coming all day to place flowers and candles and mementos, homages to the people who died. Just three blocks from here the kosa knost rah italian restaurant. Bullet holes still visible in the window and on the sidewalk where
Narrow. The Dow Jones Industrial average rose 237 to 17,483. Nasdaq notched a 56point gain. And the s p 500 was 30 points higher. Some say that time since the attack may have allowed for a less emotional response by investors. Meantime, as of this evening the manhunt is still under way for two suspects as france and the world continue to mourn the lives that were lost and develop a response. Michelle carusocabrera is in paris tonight. Reporter were here at the place de la republique, the plaza of the republic, which is serving as a gathering point for those who want to mourn the victims of fridays attack. Very close tom of the place thats were shot at by the terrorists. At the base of the statue, which is a symbol of liberty of france, thousands of people have been coming all day to place flowers and candles and mementos, homages to the people who died. Just three blocks from here the kosa knost rah italian restaurant. Bullet holes still visible in the window and on the sidewalk where