Here are some business and stock market headline news stories to chew on this evening…
Across 20 major US cities, the average home value increase was 12.4% which is the most in 7 years! However, it looks as though the rate of increase has peaked for now. “More cities are experiencing slow gains each month than the previous month, suggesting that the rate of increase may have peaked,” … Read the rest
Applied Materials (AMAT) is surging higher today to a new 5 year high after it was announced it would merge with another global giant, Tokyo Electron Limited, in an all stock transaction valuing the new company at nearly 30 billion. The merger brings together complementary technologies in the semiconductor and display markets and is expected to close in about a year. After the close, Applied Materials shareholders will own approximately 68% of the new company … Read the rest
OK, so this is a stocks blog and not exactly the place for a football post but I felt as a Seahawks fan I had to do my part to help get out the truth about Golden Tate’s winning catch (or partial catch) vs the Green Bay Packers.. . even if people are getting tired of hearing about as am I.
I would like to point out that (as a Hawks fan) I’m not biased … Read the rest