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FBN’s Robert Gray on reports Electronic Arts has been approached about a possible buyout.
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I'm Robert -- -- -- Fox Business -- the bullish -- on Wall Street continues -- the S&P 500 on track to close any four month high.
Cisco Systems helping to push the blue chips higher by almost a hundred points after the Dow component boosted its dividend by 75%.
It also posted better than expected quarterly results.
Shares of electronic arts are also jumping on news of a possible buyout the New York Post reporting the maker of SimCity and Madden NFL has been approached by private equity -- KKR and Providence Equity Partners about a -- buyout.
Sales of consoles and software have fallen as consumer shift to mobile and casual games they can play for free on line.
Electronic arts says it doesn't comment on rumor and speculation.
On the flip side Manchester United stock is getting a red card today and shares have slumped to a lifetime low and are trading well below the teams poorly received initial public off.
