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Only two things people were doing this weekend, benj watching house of cards or making deals. A big one in pharma. Forest lives being bought by actavis 425 billion. A big winner for carl icahn, number two shareholder at forest labs. Persistence pays off for carl icahn, he has threatened a proxy fight for the last three years on this company. To appease him, the company gave him seats on the board and he got his guy as ceo, as a result you get the outcome carl icahn onwanted. That is not the only deal, the maker of the mobile game candy crush is going public. King digital is filing an ipo. Likely be listed on the new york stock exchange. When we sent popular, we are talking 93 Million People playing candy crush every day. 568ng digital netted million last year with a revenue it1. 88 billion dollars, makes the profit from people who buy stuff to get ahead. Just like farmville. Premium style. You get sucked into it, it is free, but t ....
Google, another member of the nasdaq hitting alltime highs. The high for4 2008. Liz the stock is up more than 51 over the past year. Not bad. Look at the dow jones industrial. 37 points for the dow, which earlier had been down 60 points. The s p 500, s p and nasdaq turned first and then the dow. We see the russell liking a bit, still up a quarter of a percent. David it didnt happen today, maybe tomorrow, despite rebounding slightly, oil falling below 90 per barrel today. This is the first time that has happened since december 26. Raking below the 200 day moving average, that is very significant. Just a touch above the 90 per barrel mark. Liz a lot of concerns out of asia, particularly china. 3. 7 today after the government further increase property tightening measures. When they see something that looks like it is overheating, they step in and clamped down on it. Liz social internet, lots of down days, not today, it is really outperformed just about everybody else. Moving to the upside ....
The fact that the payroll tax going up would hit walmart. An internal memo was leaked on bloomberg. They said this is the worst february they have seen in seven years. They talked about the fact it was terrible. It was a disaster. Comps will be rough for walmart. Just as i was adapting to a new blackberry i got because i lost one over the weekend i got news blackberry was down again. Cant get its footing. The cofounder was selling all his shares. Yesterday it was higher. Now lower in a big way. [closing bell rings] down over 6 . Liz listen to the bells. Always nice to see that on a friday. See one of the members of the military standing there and proudly before the american flag. Where is your money . Here it is. Dow jones industrials manages a gain, david, check it out up nearly three points. We dont know how these will settle. At the moment that was hardfought. Looks like in the last 25 second it is happened. Were watching that closely. S p 500 down just about two points after two mo ....
Archaeologists are finding fragments from the early life of Florence downtown at the site of Gamble s Hotel, what was in the 1860s a major landmark for Florence’s first citizens. ....