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Wave of consolidation in the Health Insurance industry. At t is on the verge of winning Regulatory Approval for its 49 billion takeover bid of direct tv. Bloomberg north the bloomberg report said many commissioners have voted to favor the deal. The Justice Department will not challenge the deal because it does not pose a risk to competition. Stephanie president obama will land in the country where his father was born, kenya. He left washington d. C. Last night. He is on his way to nairobi and will attend a Global Entrepreneurship conference, and meet with kenyas president. He will become the first u. S. President to visit ethiopia on sunday. A gunman opened fire in lafayette, louisiana in a Movie ....
And welcome to power lunch. It is opening day for baseball. Actually it opened yesterday, but here in new york the mets are playing in about 15 minutes against the braves. Welcome, everybody. Im tyler mathisen. Stocks in the red to kick off this new quarter. Right now the dow down about 74 points. The dow, get this, its not seen backtoback gains since the end of february. More than a months time. Meantime the nasdaq did hit a record high at the open. As you see right there it, too, is down about a third of a percent or 23 points. Shares of panera spiking on reports of a possible sale right now. Pamera is up. Lets check. About 10 as you see there. Brian . Big move there, tyler. Thank you very much. Hi. Happy monday. Im brian sullivan. We have a jampacked show coming your way. Let us start with the markets and your money. Bob pisani is on the floor of the nyse. I saw an interesting report that the First Quarter was the least volatile ....
They locked on the Revenue Source before the crucial Holiday Quarter . Julie hyman has the latest. Shery slightly latest, but still near alltime highs. A level on friday, touch a record earlier today before stocks fell backward slightly. Whats been notable, not just about todays session, but a long streak of sessions we had is how Little Movement on a daily basis there has been, even as weve been hitting new records. Its really by inches. Bloomberg, at the this looks at the daily percentage move in the s p 500. You have to go back to july 8 to get a 1 move at the close. You see a very tight range of movement that we have seen, even with fridays gain in the s p here,t did not exceed 1 its been interesting, this drift higher that stocks of experienced. Interestingly, there was just a story out on the bloomberg little whi ....