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To buy the company for about 30 billion. Down es of shire lets move on to oil and gold today. All in the green. Nymex crude up 1. 8 at 4602 46. 02. Betty a check on how the bond markets are trading right now. Treasuries are falling on speculation that inflation will rise toward the fifth 2 target. Feds 2 target. Puerto rican bonds taking a dive. That is year to date, down 11 . Meanwhile, in the currency markets which have seen their own fall off, the dollar is falling from a fourmonth high. It is still stronger than most of its major peers. Lets get a look at the top stories at this hour. Shire making an offer to buy x axalta. For 30 billion in shares. 36 represent a premium of and valleys the stock at 45 per share. There is no deal on the horizon right now. Alta has failed to engage in substantive discussions. The company agreed today to buy ipc health care the all caps deal is worth 1. 6 billion. It were presents a premium of 30 percent 37 over the close yesterday. Ability toand its ....
We continue to grind a little lower. Can i say that . Matt you may. Take a look at the Dow Jones Industrial average. The nasdaq, no, it looks like it is actually putting up some gains. That is interesting because apple has taken a hit. Apple stocks are down 2. 3 right now, almost three dollars. 115, 75 per share. Alix 104 million shares are trading in apple. A huge amount of volume youre seeing in that stock. Matt absolutely. Were headed toward a death cross on apple stock when the 50 Day Moving Average would come down below the 200 Day Moving Average. You technical traders, do not completely freak out. Alix i want to show you what is really moving right now. Aroundt big pop we saw 1 30. That was really dennis having an effect on the treasury market. He said in an interview with the wall street journal it c ....