The KUIK Morning Market Report for Friday, April 19: |
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Markets are mixed. |
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Index |
Direction |
Change |
Units |
Last |
Time |
Change |
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Dow |
Down |
(52) |
points |
14,485 |
7:01 AM |
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|
S&P500 |
Up |
0.12% |
percent |
1,543 |
|
1.80 |
points |
Nasdaq Composite |
Up |
0.30% |
percent |
3,176 |
|
9.35 |
points |
30 Year Treasury |
Up |
2 |
Basis Points |
2.88 |
Annual Yield |
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Good news for Boeing. The Wall Street Journal reports The Federal Aviation Administration may lift its three-month grounding of Boeing’s 787 Dreamliner planes as early as today. The planes had problems with batteries catching fire which have been corrected. |
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Dell shares fell after Blackstone Group said it is no longer interested in buying the technology company because of Dell’s “rapidly eroding financial profile.” Dell shares dropped more than 3% to $13.47, falling below the $13.65 a share price in the buyout proposal presented by Chief Executive Michael Dell and the private equity firm Silver Lake. Dell shares had risen above that price after Blackstone and billionaire investor Carl Icahn said they plan to offer a better deal |
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No financial institution, regardless of its size, will be bailed out by taxpayers again, said Treasury Undersecretary for Domestic Finance Mary Miller in a speech. |
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Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/faa-may-end-dreamliner-grounding-friday-wsj-2013-04-18-2191496 |
http://www.marketwatch.com/story/dell-falls-below-bid-price-as-blackstone-exits-2013-04-19 |
http://www.marketwatch.com/story/treasurys-miller-no-banks-will-be-bailed-out-2013-04-18 |
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For today’s Morning Market Report click to listen-> |
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