Lets get to dohm. Were watching markets for the s p 500 that have posted about a 1 gain over the last three months and for those people who are keeping track of some of the election markets statistics, its a big number. In the three months prior, some analysts and strategists note that if the market is higher in the three months before an election, its the incumbent party that wins. Well see if that trend plays out. You can see for the s p 500 in that three month span we got a 1 gain entirely because of just today. You wonder whether or not that could play into some of those associations or correlations people talk about with regard to markets and the election overall. But beyond that, there are some interesting themes developing over the course of the past week if you take a look at the outperformers and underperformers, many of them have to deal with the cyclical and value oriented Sectors Technology versus Communication Services, there is a bit of outperformance in Communication Ser
This year part of the 5 1 2 mile boardwalk reopened after it was destroyed by Hurricane Sandy and the rest expected to be open by next summer. The boardwalk built with stronger supports and Higher Elevation. The entire reconstruction project expected to be completed by 2017. Of course, no need to wait until then. You can come out today and enjoy the beach. If you cant, once again, you have until next sunday to make it out to most f the beaches here around the city. Just keep in mind, if you do iscome out, theres a moderate rip current. Keep that in mind when you head into the water. Thats the latest from here. Back to you guys. Good news, lori. Time for a check of weather and traffic on the 4s. Beach weather. In good shape, right . Its going to be terrific all day today. Look at Storm Tracker. Storm tracker has been nothing but bored over the last several weeks. That will change as we head to the hend of the week as Thunder Showers roll in to break the humidity and the High Temperature
This year part of the 5 1 2 mile boardwalk reopened after it was destroyed by Hurricane Sandy and the rest expected to be open by next summer. The boardwalk built with stronger supports and Higher Elevation. The entire reconstruction project expected to be completed by 2017. Of course, no need to wait until then. You can come out today and enjoy the beach. If you cant, once again, you have until next sunday to make it out to most f the beaches here around the city. Just keep in mind, if you do iscome out, theres a moderate rip current. Keep that in mind when you head into the water. Thats the latest from here. Back to you guys. Good news, lori. Time for a check of weather and traffic on the 4s. Beach weather. In good shape, right . Its going to be terrific all day today. Look at Storm Tracker. Storm tracker has been nothing but bored over the last several weeks. That will change as we head to the hend of the week as Thunder Showers roll in to break the humidity and the High Temperature
On retail sales. Janet yellen and more more. Peter cook looks at regulatory issues behind the comcast time warner deal. We look at the stock moves in the 45 billion acquisition. Good afternoon. One thing thats important to note about this acquisition is its a stock transaction. Shareholders will get stock of comcast in return for this deal. They are going to get 2. 875 for every time warner share they old. That values the company at about 17 higher than yesterdays close. If you look at the Time Warner Cable shares today, youll notice theorizing which is what you might expect but they are trading below that offer price. There could be a couple of reasons behind that. First of all, comcast shares are declining so the value of the bid is declining to some extent. Second of all, its going to take a long time for this deal to close. It could be the end of 2014. And third of all, and of course peter is going to get more into this is the Regulatory Risk associated with this deal. Thats why th