Different alarm. Often a critic, Rupert Murdoch takes a shot. Google with harsh tweets about privacy. Family dollar at center of a bidding war. Dollar general announcing an offer to buy rival discount retailer for 78. 50 a share in cash, total transaction valued 9. 7 billion, counters dollar trees 74. 50 a share, cash and stock bid. So much, jim for not everybody working in late august in the summer. Somebodys working here. This is interesting. This was what we first thought would happen. Exactly. Surprised that dollar wasnt involved because its a better fit. You can tell from the stocks reaction, people agree. I like allcash bid. Lots of overlap in the two, youll be able to take out more cost. Thats what we like about takeovers, consolidation and cost taken out. Even icahn in Family Dollar and precipitated all of this at least public conversation we know discussions with Family Dollar and dollar tree had been going on for some time before icahns involvement. He himself thought that Do
About 8 billion to banks at discounted rates. The goal is to allow the firms to relend the money to small businesses. Its been more than 24 hours since swiss Central Banks shocked the financial world. It abandoned its cap on the euro an were still learning about the fall out. Regulators around the world are looking for information about what happened and how some retail brokerages entered insolvency. It says the volatility left it with a negative equity balance and its trying to sure up its capital. Lets take a look at whats happening with the u. S. Equity futures this morning. The dow was down by triple digits yesterday. The dow was indicated down by 42 points. S p few turs down by 6 and the nasdaq down by over 28 points. Of course as weve seen what happens in these early hours is no indication of what would happen by the market close. No indication of what would happen by the market open. So true. A lot of volatility out there. It is. Corporate news this morning, heres our early stoc
Higher. Heres the big stories you need to know about this morning. Greece topping your headlines. Athens widely expected to ask for an extension of a loan deal with the euro zone. Well talk about the implications of that. The bank of japan leaving it unchanged. The worlds third biggest economy is on the lend. By the way, the nikkei 225 is up 4 this year. Here at home a number of economic reports are set to role out this morning beginning at 8 30 eastern when we get the january Producer Price index. Housing starts as well as Building Permits. Later on in the morning we get Industrial Production figures and breaking at 2 00 p. M. Eastern time we get the minutes from the last months fed meeting. Thats at the top of the power lunch which im told is a fine program. I saw that in the prompter. Did you write that into the prompter . I script everything. Lets tell you whats going on. Fossil with weaker than expected earnings revenue and offering a less than rosie outlook. The company cites a d
Showdown on capitol hill but said in a way you have not seen before that means the winners and losers for a House Republicans offered a new proposal to end the shutdown and raise the debt ceiling that were at a breaking point a new poll shows 60 percent of americans would fire every Single Member of congress you almost have to laugh at at how ridiculous it seems that were even at this point. So why not make a game of it . To the treasury and the International Monetary fund and editor of the wall street journal editorial page these guys know their stuff. Thank you. We will break this down in those who wind up paying 310 million but the Approval Rating 24 for the grand old party they have a favorable review of the g. O. P. Is it salvaged from this . I take it in context. The g. O. P. Loses but i dont want to move too far ahead but i dont see any winners with this whole episode but we will take get one at a time. They take the biggest poling hit there is a chapter they could win the next
Showwn ocapitol hill but saidn a way yohave not seen before that means the winners and losers for a House Republicans ofred a new proposal to endthe shutdown and raise the debt ceiling that were at a breaking point a w poll shows 60 percent of americans would fire every Single Member of congress you almost he to lau at at how ridiculoustseems that were even at this point. So why not make a game of it . To the treasury and the International Monetary fund and editor of the wl street journal editorial pagetheseuys know their stuff. Thank you. We will break this down in the who wind up paying 310 million buthe appral rating 24 for the grand old party they have a favoble reviewf the g. O. P. Is it salvaged fro this . I take it in context. Thg. O. P. Loses but i dont want to move too far ahead but i dont see anyinners with this wole esode but we will take get one a time. They take the bgest poling hit there is a chapter they could win the next battle . The short term election . They could ge