Billi billion. Making it the Largest Technology deal ever. The other deal isnt done quite yet. But anheuserbusch imbev just sweetened its offer for s. A. B. Miller, hoping the higher price can seal the deal, and if it does it would be one of the largest takeovers of all time. So lets start with the tech tieup, which we told you about last week when with was in theworks. It sent shares of emc higher today. Dell is privately held. But is there a big risk to doing a big deal like this one, and which Companies Might be next . Josh lipton has our report tonight. Reporter dell founder and chief executive michael dell will lead the combined company as chairman and chief executive. He says this deal creates an enterprise powerhouse. We started back in about 2002, and for about a decade worked together. At one point the relationship was about a 2 billion annual run rate. And this is really all about bringing fogt together complementary technologies and helping the customers address challenges a
Billion outflows were posted for last month. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello and welcome to todays edition of Worldwide Exchange. Its hump day. Were going to be halfway through the trading week during the program. As for where we stand right now in europe, one hour into todays session, advancers just about outpacing decliners, the Dow Jones Stoxx 600 by 5 1 2 4. Some kind of ratio like that. The ftse 100 yesterday was up, what, 0. 8 . Were up at a threeweek high on the ftse. Today, about 0. 1 lower. The xetra dax is up 0. 2 . The cac 40 is flat as is the the ftse mib, as well. We take a look at bond yields. The 30year up the yield at 3. 62 . The tenyear, 2. 76 . Auto sales surging from march a year ago, the ism factory, just shy of what we were looking for. And well keep our eye on gilts, as well. The construction pmi is coming out around 28 minutes time. On the currency markets, the yen has been down to a oneweek low
The latest diplomatic efforts falter. U. S. Congress is set to launch a probe into General Motors recall of nearly 1. 6 million vehicles worldwide. Plus, puerto rico will test investors appetites today as they sell 3 billion worth of bonds, the largest ever high yield debt deal. Hello. Warm welcome to todays worldwide exchange. The mystery of a missing Malaysia Airline flight continues today with no signs of its disappearance. We are looking into four areas. One is hijacking, two sabotage, three psychological problem of the crew and, four, personal problem among the crew. Malaysian authorities have heard one of the men traveling on a stolen passport is iranian. Officials say they believe he has no link to terrorist groups. Cnbcs sri is n joining us this morning. They lay out these four areas of investigation. When they talk about personal problems amongst the crew and passengers, what are they alluding to . The police chief didnt really elaborate exactly, but he did say and i think tha
Sovereign debt. And a slowdown in australias mining boom catches up on revenues. It sent the nations deficit looming well past earlier forecasts. Plus, the prognosis with doctors, less than healthy. Gsk will stop paying doctors for promoting its drug, a first for the pharmaceutical industry. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And welcome. Youre now watching cnbcs worldwide exchange. Plenty to get through on todays program as we get into the christmas and new years spirit. Will there be much cause to celebration as far as assets are concerned . Well speak to an expert who is advising caution on european equities in around to minutes. After months of rapid gains, the u. S. Housing market appears to be well on the way to recovery. But buyers beware, the seconder could cool off. Were going to check on housing at 11 00 cet. As glasso smith cline announces a shake up in its policy to promote drugs, well take a look at pharmaceutical
us live tonight to tell us it s not too late to stop obamacare. all those stories and more coming up on the kudlow report beginning right now. good evening, everyone. welcome to the kudlow report. i m larry kudlow. wall street preoccupied with rising interest rates. but i think that is a sign of a stronger and healthier economy. whatever i think, it was a city of red. seem ma mody joins us now with the details. good evening. seema. good evening, larry. the feds saying they will scale back and fend our major indices into negative territory. the yield staying above 10%. the subpoena dividend yield continues to narrow, but gold gaining 13 bucks in response to a weaker dollar. now, high dividend yielding stock moving lower as traders react to that jump in the ten-year yield, consumer staple, telecom, tobacco moving lowers, all of operate a higher yield, higher than the s&p average yield of 2%. home builders, lennar retreated on fears of higher interest rates, mortgage l