To buy the company for about 30 billion. Down es of shire lets move on to oil and gold today. All in the green. Nymex crude up 1. 8 at 4602 46. 02. Betty a check on how the bond markets are trading right now. Treasuries are falling on speculation that inflation will rise toward the fifth 2 target. Feds 2 target. Puerto rican bonds taking a dive. That is year to date, down 11 . Meanwhile, in the currency markets which have seen their own fall off, the dollar is falling from a fourmonth high. It is still stronger than most of its major peers. Lets get a look at the top stories at this hour. Shire making an offer to buy x axalta. For 30 billion in shares. 36 represent a premium of and valleys the stock at 45 per share. There is no deal on the horizon right now. Alta has failed to engage in substantive discussions. The company agreed today to buy ipc health care the all caps deal is worth 1. 6 billion. It were presents a premium of 30 percent 37 over the close yesterday. Ability toand its
40s. 9 00 a. M. , upper 40s. We went up right around 50 degrees which is where we are right now. Most of you in land are much cooler. Even first advisories. Lets be honest. What are we thinking about . The world series. Gain one aim one will be totally dry. 44 the game. Tomorrow we had the chance of rain showers. Fingers crossed and we hope to hold off on those chances until the game time has passed. Cleveland, akron, not included, lynna. I will have much more coming up forecasted the rest of the week. In the meantime, grab your fall jacket. You will need it. Pop up. Perez and santana. Santana makes the catch. Ballgame. The indians have one the American League pennant and cleveland for the six time ever, you will have a world series. And that world series begins today. It has been 19 years in the making. That was the last time our team was in the most of the historic days and cleveland. Thank you so much for joining us. Im lynna lai. Game one begins tonight when the Cleveland Indians h
They want us to get the job done. All of us, in both parties. Leaderte republican Mitch Mcconnell says he would also like to end the gridlock in washington. Soaring, 1cbs billion for the proceeds of the spinoff of a Billboard Company the outdoor tv and ad revenue up slightly. Strong ratings from thursday from nfl games. Againina hitting qualcomm in the monthly earnings report. Till having trouble connecting license fees from reluctant chinese companies. Lowering the forecast as a result and revenue in the Fourth Quarter rose just 3 yearoveryear. Net income up 26 . And a popular question in silicon valley, are we in a tax bubble . I dont think it is a bubblelike in the late 90s. I think the bubble is the type of social phenomenon and only happens when the public thats involved. The in the 90s, housing in 2000. This time around, the public has not been involved. You have 300 ipos a year in the u. S. And today you may have 30 or 40 a year. He says the companies hes invested in do not feel
All of us, in both parties. Senate republican leader Mitch Mcconnell says he would also like to end the gridlock in washington. Media giant cbs soaring, 1 billion for the proceeds of the spinoff of a Billboard Company cbs outdoor. Tv and ad revenue up slightly. Thanks in part to strong ratings from thursday night football from nfl games. And china hitting qualcomm again in the monthly earnings report. Still having trouble connecting collecting license fees from reluctant chinese companies. Lowering the forecast as a result and revenue in the Fourth Quarter rose just 3 yearoveryear. Net income up 26 . And a popular question in silicon valley, are we in a tax bubble . Here is paypal cofounder peter teal. Peter thiel. I dont think it is a bubblelike in the late 90s. I think the bubble is the type of social phenomenon and only happens when the public thats involved. Tech in the 90s, housing in the 2000. This time around, the public has not been involved. You have 300 ipos a year in the u.
But we are not there yet. We want to see a healthy recovery continue. Cory yellen also strongly criticized congressional audits saying it would close eyes the process. She even held up the fed audit look, saying most of the operations are subject to audits. Greece wins a reprieve as eurozone finance ministers improve an extension of the greek bailout. It sent greek bonds and stocks hires. Greece will sell assets consolidate Pension Funds and revamped Tax Collections but the imf manager and ecb president say that the greek minister needs to be scrutinized to be believed. President obama vetoed a bill for construction of the keystone pipeline. It is only the third veto of mr. Obamas entire presidency. The senate will vote to override the veto no later than march 3 but right now, the votes dont appear to be there. Two thirds are needed to override in both houses. The pipeline would run to montana, south dakota and nebraska. The fbi is offering a 3 million reward for information leading to