| The KUIK Closing Market Report for Thursday, February 13: | |||||||
| Markets ended up. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 64 | points | 16,028 | 2:20 PM | ||
| S&P500 | Up | 0.58% | percent | 1,830 | 10.57 | ||
| Nasdaq Composite | Up | 0.94% | percent | 4,241 | 39.38 | ||
| 30 Year Treasury | Down | (4) | Basis Points | 3.69 | Annual Yield | ||
| Comcast agreed to acquire Time Warner Cable for $45.2 billion in stock, in a surprise deal that combines the two largest U.S. cable companies and hopes to head off competition from phone and satellite providers. Time Warner Cable shareholders will receive 2.875 shares of Comcast for each one of their shares. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/comcast-agrees-to-buy-time-warner-cable-for-45-billion-2014-02-13 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||