Market brief for Friday,
March 14, 2014
The world-
A Maylasia Airways plane has been missing
for days only hours away from a full seven days still without a trace, the Indian Ocean recently again pointed at as a potential
debris field or attempted landing location.
The Ukraine
sounds like a warzone in the making with russian troops amassing and the
annexation of Crimea a reported desire.
Business-
The Dow closed at 16,065.67 today, it is an
industrial average looked at curiously by many and a famed name known to a
majority of us by the time we were out of elementary school, the first six
years out of pre-school and kindergarten.
Mergers
and acquisitions, range trading, and copper as market drivers were the
suugested food for thought in nyse.com’s top story section on their home
page. Safeway Inc. is in the process of
accepting a $9.4 billion aquiring transaction from Cerberus Capital Management
for the second largest U.S.
grocery store operators. And, the
world’s new leading banana and fresh produce company was announced in a stock
for stock transaction by Chiquita Brand and Fyffes of Dublin annual revenue
$4.6 billion. Men’s Warehouse is almost
in a completed deal to aquire Jos. A. Bank Clothiers Inc. for $1.8 billion,
this will make them the fourth largest apparel retailers in the U.S. .
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