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We have a market flash on at t. Take a look at shares of at t and time warner. Bloomberg reporting that Senior Executives at at t and time warner have been meeting to discuss various business combinations including a possible merger. It says the talks are in early stages but reportedly the talks of a combination and reported take over has been discussed. Shares of at t are lower but we are looking at timec warner higher on this report. Back to you guys. Here we go again. Thank you. The days leading up to final president ial debate have been packed with blows to both camps. The candidates took major hits. Eamon javers has more. Thats right. It was the third and final president ial debate. While millions tuned in to watch what hillary and donald would say next. It is what they said in the past that once again became center stage. The battle on the stage has officially concluded there is a different battle still plaguing the clin ....
Steady, moderate losses in europe this morning. And Consumer Spending rises to the fastest in three months. Road map begins with ge confirming the deal to combine oil and gas business with baker hughes to create a new entity. Well speak with the ceos in an exclusive interview. Weve got a deal in the telecommunications industry. Centurylink to buy level3, totals a new record month for u. S. M a announcements. And the latest controversy over Hillary Clintons emails as the polls tighten just eight days ahead of the election. Well get you all the market impact. First up in that deal to create what both Companies Call a new baker hughes, ge will contribute 7. 4 billion to fund a 17. 50 per share special dividend for baker hughes shareholders. Ge will own about 62. 5 of the combined company. As we said, next hour an exclu ....
Alix we did text. Julie i am sure. I am just talking about the content. We are seeing a bounce. The dow gaining more than 100 likes as it looks investors shake off the jobs report from friday, trying to figure out the feds next move. They hope janet yellen will give them direction when she speaks in about half an hour. Though she may not give much direction. A commoditiesled rally. Oil prices bouncing. Our cultural commodities also on the rise. Up 15p 500, a big leg minutes after the open. It has remained steady ever since. Volume is low again. Down by 13 below the 20 day average. That is something to keep in mind. Going flipside of what is on with stocks, we have selling in treasuries. The yield on the 10 year going to 1. 37 area mostly declining yields as of late, so it is interesting to see a bounce. Prices are working their way higher after the head of Economic Development in abu dhabi says oil prices could barrel. 0 per ....
Surprised investors this morning by filing for bankruptcy. All that and more tonight on nightly Business Report for monday, october 6th. Good evening, everybody. Im bill griffeth. Glad to be back. Im in for Tyler Mathisen tonight. Im susie gharib. The big news today was about the big breakup of hewlettpackard announcing plans to split the company in two after ebay. It will focus on its personal computers and printers, the other on the fast growing corporate i. T. And technology. Investors rushed in to buy hp stock sending shares up nearly 5 . Josh lipton has more on the reasons behind the split and whats ahead for the two companies. Think internet scale with billions of users and devices. Hewlettpackards Ceo Meg Whitman used to argue that the companys business lines worked, in her words, better together. Not any more. ....