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Transcripts For CNBC Squawk On The Street 20121220

Ice for 8. 2 billion in cash and stock. David is here to break it down. Go through some of the numbers four. The deal itself having been officially announced in the last half hour or so board signing off, call it about 8 a. M. Eastern time. My sources tell me this all began a couple of months back when jeffrey spraker, the ceo of ice approached duncan niederauer, the ceo of the Stock Exchange about a potential deal. Looking forward hearing from both men later in the program. As for the deal itself, if youre a new york Stock Exchange shareholder, mr. Spreker built this account the past decade. 36 of the combined company will be controlled by current new york Stock Exchange shareholders. You get a premium. Also an opportunity to participate in the continued growth of what will be a trading ba he months. They trade stocks. Energy, Interest Rates, commodities, agriculture, thats what its bat. Global platform for the trading in so many different asset classes, particularly as it relates to

U S inflation cooled in May in a sign that price pressures may be easing

U S inflation cooled in May in a sign that price pressures may be easing
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US inflation cooled in May in a sign that price pressures may be easing

The trend, if it holds, could move the Federal Reserve closer to cutting its benchmark interest rate from its 23-year peak.

US inflation cooled in May in a sign that price pressures may be easing

WASHINGTON (AP) — Inflation in the United States slowed for the second consecutive month in May, providing a hopeful sign that the price surge seen earlier this year might be

US inflation cooled in May in a sign price pressures may be easing

WASHINGTON — Inflation in the United States eased in May for a second straight month, a hopeful sign an acceleration of prices that occurred early this year may have passed.

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